Nextpower Shares Rise After Q3 Results, Rating Upgrade

MT Newswires Live

01/29

Nextpower (NXT) shares were up over 13% in recent Wednesday trading following its better-than-expected fiscal Q3 results that also led to a rating upgrade from KeyBanc.

Late Tuesday, the company posted Q3 results ahead of market expectations, and raised its fiscal 2026 guidance, including for adjusted EPS and revenue guidance. It also reported a share buyback program of up to $500 million.

After the results, KeyBanc upgraded the stock to overweight from sector weight, with a $142 price target. UBS raised its price target to $140 from $125 while keeping its buy rating.

Trading volume stood at more than 3.6 million shares, against a daily average of almost 2.0 million.

Price: 120.64, Change: +14.73, Percent Change: +13.91

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