$NXT

11 stories mentioning NXTUpdated just now

Every FINWIRES story that references NXT, newest first.

Nextpower Launches Differentiated Solar Tracker System in Europe

Nextpower (NXT), a solar and power technology solutions provider, on Wednesday launched a new solar tracker system, particularly designed to address Europe's varying geotechnical conditions.The company said that its NX Gemini two-in-portrait tracker system provides a solution to the region's challenging site and soil conditions.The new system is expected to offer greater flexibility to improve efficiency and reduce construction risk, according to Yves Figuerola, general manager at Nextpower Europe.The latest project expands Nextpower's product portfolio in Europe. Globally, the company said it has deployed over 160 gigawatts of integrated solutions to "streamline project execution and expand sites where solar can be built and operated reliably at scale."Price: $124.48, Change: $-1.15, Percent Change: -0.91%

$NXT

Insider Trading15d ago

Nextpower Insider Sold Shares Worth $3,498,612, According to a Recent SEC Filing

Nicholas Marco Miller, Chief Operating Officer, on May 29, 2026, sold 22,427 shares in Nextpower (NXT) for $3,498,612. Following the Form 4 filing with the SEC, Miller has control over a total of 186,194 common shares of the company, with 186,194 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1852131/000095010326008183/xslF345X05/ownership.xml

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Wire19d ago

Nextpower's Planned Prevalon Acquisition Pairs Well With Inverter Business, RBC Says

Nextpower's (NXT) planned acquisition of Prevalon Energy is an opportunity to add value in power electronics and pairs well with its inverter business, RBC Capital Markets said in a Thursday note.The company agreed to acquire Prevalon Energy, a US joint venture between Mitsubishi Power Americas and EES, for up to $365 million in cash and stock. The deal will enable Nextpower to provide more integrated offerings in solar and storage, allow integrations of its power controls and inverters business into battery energy storage systems, and give access to existing Prevalon customers, according to the note.Nextpower's existing relationships and strong reputation will be a key differentiator in a competitive landscape, with rival firms having a more limited scope, the firm said. The company will be able to offer bundled solutions with its solar trackers, foundations, and Electrical Balance of System products, the note said.RBC maintained the company's stock rating at outperform and raised the price target to $149 from $146.Price: $154.38, Change: $+17.21, Percent Change: +12.55%

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Research19d ago

RBC Lifts Price Target on Nextpower to $149 From $146, Keeps Outperform Rating

Nextpower (NXT) has an average rating of overweight and mean price target of $151.23, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$NXT

Wire19d ago

Nextpower to Acquire Prevalon Energy, Raises Fiscal 2027 Outlook; Shares Gain After Hours

Nextpower (NXT) agreed to acquire Prevalon Energy, a US joint venture between Mitsubishi Power Americas and EES, for up to $365 million in cash and stock to expand into battery storage and AI data-center infrastructure markets.The transaction is expected to close in Q2 of fiscal 2027, Nextpower said Thursday in a statement.The company also raised fiscal 2027 guidance to adjusted diluted EPS of $4.30 to $4.73 on revenue of $4 billion to $4.4 billion. The prior outlook was EPS of $3.19 to $3.56 on revenue of $3.8 billion to $4.1 billion.Analysts polled by FactSet expect EPS of $4.54 on revenue of $4 billion.Nextpower shares rose 7.9% in after-hours trading.

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Insider Trading20d ago

Nextpower Insider Sold Shares Worth $8,162,614, According to a Recent SEC Filing

Howard Wenger, Director, President, on May 26, 2026, sold 62,670 shares in Nextpower (NXT) for $8,162,614. Following the Form 4 filing with the SEC, Wenger has control over a total of 416,597 common shares of the company, with 416,597 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1852131/000095010326007837/xslF345X05/ownership.xml

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Insider Trading21d ago

Nextpower Insider Sold Shares Worth $1,095,352, According to a Recent SEC Filing

Howard Wenger, Director, President, on May 22, 2026, sold 9,051 shares in Nextpower (NXT) for $1,095,352. Following the Form 4 filing with the SEC, Wenger has control over a total of 489,137 common shares of the company, with 489,137 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1852131/000095010326007731/xslF345X05/ownership.xml

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Insider Trading22d ago

Nextpower Insider Sold Shares Worth $2,048,579, According to a Recent SEC Filing

Howard Wenger, Director, President, on May 20, 2026, sold 16,090 shares in Nextpower (NXT) for $2,048,579. Following the Form 4 filing with the SEC, Wenger has control over a total of 508,582 common shares of the company, with 508,582 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1852131/000095010326007678/xslF345X05/ownership.xml

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Wire35d ago

Nextpower Fiscal Q4 Adjusted Earnings, Revenue Fall; $80.5 Million Asset Purchase Announced; Shares Rise

Nextpower (NXT) reported fiscal Q4 adjusted earnings late Tuesday of $1.05 per diluted share, down from $1.29 a year earlier.Analysts polled by FactSet expected $0.92.Revenue in the three months ended March 31 fell to $880.5 million from $924.3 million a year earlier.Analysts surveyed by FactSet expected $826.3 million.Nextpower expects fiscal 2027 adjusted EPS of $4.21 to $4.59. Analysts expect $4.72.The company boosted full-year revenue guidance to $3.8 billion to $4.1 billion from the prior forecast of $3.6 billion to $3.8 billion earlier. Analysts expect $3.92 billion.The company said separately it will acquire complementary assets of Zigor's power conversion business and its US unit Apex Power for $80.5 million. That includes $46 million at closing and up to $34.5 million in potential earnouts.Nextpower shares rose 11% in after-hours trading.

$NXT

Wire35d ago