Nextpower Inc. Reports Strong Q3 Earnings and Joint Venture Launch
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 28 Jan 26
Source: Business Insider
Nextpower Inc. shares surged 20.86% as the stock reached a 52-week high, reflecting strong investor interest.
The company reported a 34% year-over-year revenue growth in Q3 2026, reaching $909 million, alongside a successful joint venture with Abunayyan Holding to supply solar tracking systems. Additionally, Nextpower raised its fiscal 2026 revenue guidance to between $3.425 billion and $3.5 billion, showcasing management's confidence in sustained market demand and growth prospects.
This strong performance and optimistic outlook are likely to attract further investor interest, solidifying Nextpower's position in the renewable energy sector.
Analyst Views on NXT
Wall Street analysts forecast NXT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NXT is 105.33 USD with a low forecast of 76.00 USD and a high forecast of 125.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
20 Analyst Rating
15 Buy
5 Hold
0 Sell
Strong Buy
Current: 121.080
Low
76.00
Averages
105.33
High
125.00
Current: 121.080
Low
76.00
Averages
105.33
High
125.00
About NXT
Nextpower Inc., formerly Nextracker Inc., designs, engineers, and delivers an advanced energy technology platform for solar power plants. Its integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability. The Company's products and services include trackers, foundations, eBOS, software, controls, and module mounting. Its services include design, deploy, and operate. Its design services include site evaluations, design and engineering, and training programs. Its deploying services include efficient commissioning, fully equipped, and fast-tracked scheduling. Its operating services engaged in the monitor, manage, and mitigating risk with tools and tech.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
