Roth Capital raised the firm’s price target on Nextpower (NXT) to $130 from $120 and keeps a Buy rating on the shares. The company reported a fiscal Q3 beat that was offset by a “light implied” Q4 despite increasing its fiscal 2026 guidance, the analyst tells investors in a research note. Roth is “not concerned” by the Q4 revenue outlook, saying volumes got pulled into Q3 and management sees Q1 as being “very strong and up and to the right.”
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NXT:
- Nextpower price target raised to $127 from $109 at Wells Fargo
- Nextpower upgraded to Overweight from Sector Weight at KeyBanc
- Closing Bell Movers: Texas Instruments up 8%, F5 up 11% on earnings
- Nextpower Posts Strong Q3 Results, Announces Share Buybacks
- Nextpower to supply 2.25 GW of smart solar trackers to L&T