Inside the research
Nextpower Inc.
NXT Research profile · latest available data
Price overview
$80.85
▲ +0.88 (+1.1%)
| 52w hi | $156.40 |
|---|---|
| 52w lo | $73.07 |
| Vol | 1.45M |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.06
| Short | -0.65 |
|---|---|
| Medium | +0.19 |
| Long | +0.58 |
computed 2026-09-27
Key fundamentals
Nextpower Inc.
Technology · Solar
| Market cap | $12.42B |
|---|---|
| Enterprise value | $11.09B |
| Trailing P/E | 20.89x |
| Forward P/E | 14.00x |
| EV / EBITDA | 14.81x |
| P / S (ttm) | 3.42x |
| Profit margin | 16.4% |
| Return on equity | 27.2% |
| Revenue growth | +8.2% |
| Earnings growth | +2.9% |
| Debt / equity | 1.50 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.30 | |
| Sector | +0.19 | |
| Technical | -0.37 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
Risk Metrics
| Beta vs SPX | 1.27 |
|---|---|
| Corr SPX | 0.31 |
| Annual vol | 64.8% |
| Annual ret | +60.0% |
| Sharpe | 0.93 |
| Max DD | -50.1% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $126.04 |
|---|---|
| High / Low | $145.00 / $60.00 |
| Median | $129.50 |
| Analysts | 26 |
| Strong Buy | 6 | |
|---|---|---|
| Buy | 15 | |
| Hold | 5 | |
| Sell | 1 | |
| Strong Sell | 0 |
Recent rating actions
| 2026-04-28 | Baird | → Outperform |
| 2026-04-09 | Susquehanna | → Positive |
| 2026-04-07 | Barclays | → Overweight |
| 2026-03-17 | Jefferies | → Buy |
| 2026-03-16 | GLJ Research | → Buy |
| 2026-03-10 | GLJ Research | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-07-30 | Earnings Release, Exhibits | read |
| 2026-06-22 | Securities Issuance, Reg FD Disclosure… | read |
| 2026-05-28 | Securities Issuance, Reg FD Disclosure… | read |
| 2026-05-12 | Earnings Release, Officer / Director Change… | read |
| 2026-04-29 | Officer / Director Change | read |
| 2026-01-27 | Earnings Release, Other Material Event… | read |
| 2025-11-12 | Bylaws Amendment, Reg FD Disclosure… | read |
| 2025-10-23 | Earnings Release, Exhibits | read |
| 2025-09-08 | Material Agreement, Termination of Agreement… | read |
| 2025-08-18 | Shareholder Vote | read |
| 2025-07-29 | Earnings Release, Exhibits | read |
| 2025-06-18 | Officer / Director Change | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 99.4% |
| HHI | 5,181 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| Fidelity / FMR LLC | $2.23B | 18.75M |
| State Street Corp | $564.84M | 4.74M |
| Capital Research / Capital World | $231.63M | 1.94M |
| Citadel Advisors | $102.03M | 856.39K |
| Millennium Management | $68.96M | 578.79K |
| AQR Capital Management | $14.16M | 119.37K |
| Bridgewater Associates | $6.03M | 50.59K |
| T. Rowe Price Group | $292.58K | 2.46M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2023–2025 · 3 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.90B | +14.2% | |
| Gross profit | $286.97M | +11.2% | |
| Operating income | $168.49M | +0.0% | |
| Net income | $1.14M | -99.6% | |
| Cash from ops | $107.67M | +0.0% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $80.12 | $82.50 | $80.02 | $80.85 | 1.45M |
| Sep 24 | $80.14 | $80.26 | $77.50 | $79.97 | 1.85M |
| Sep 23 | $82.88 | $84.06 | $81.49 | $81.81 | 1.71M |
| Sep 22 | $84.08 | $84.08 | $82.20 | $82.52 | 1.71M |
| Sep 21 | $80.85 | $83.29 | $79.29 | $83.15 | 1.79M |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →