Piper Sandler Cuts Nextpower (NXT) Price Target to $110
Key Points
- Piper Sandler maintained an Overweight rating on Nextpower Inc. while moving its price target from $116 to $110 on September 30, 2026.
- Piper Sandler's $110 price target implies 36.99% upside from Nextpower Inc.'s ($NXT) current $80.30 share price.
- Nextpower Inc. recently traded around $80.30, up about 3.0% from its closing price of $77.93 on the day of the rating change.
- Four company insiders sold shares in August and September 2026, including the company president and chief financial officer.
Since the rating, $NXT is up 10.4% after 1 week and up 2.3% to date (from the $77.93 close on Sep 30, 2026).
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On September 30, 2026, Piper Sandler maintained its Overweight rating on Nextpower Inc. (NasdaqGS: NXT) while lowering its price target from $116.00 to $110.00. The research note provides a forward-looking opinion from the firm on the solar technology company.
NXT
Nextpower Inc.
Piper Sandler's Call on Nextpower Inc.
Piper Sandler kept its positive stance on the stock with an Overweight rating while adjusting the target price downward from $116.00 to $110.00 on September 30, 2026. Prior to this update, the firm had initiated coverage on the company with a $116.00 target on September 9, 2026.
Other Institutional Activity in Nextpower Inc.
Primecap Management Company reduced its holdings by 72,344 shares, ending with 6,688,767 shares worth about $533,094,709. Fundsmith LLP grew its holdings by 1,428,046 shares, ending with 2,856,092 shares worth about $227,630,523.
Nextpower Inc. Stock Down 0.2%
Nextpower Inc. recently traded around $80.30 as of October 16, 2026. The stock closed at $77.93 on the September 30, 2026 rating date, putting the recent price up about 3.0% since that update.
$NXT price target
Nextpower Inc. daily closes and this analyst's $110 target. Not advice.
Recent Earnings
Nextpower Inc. reported trailing-twelve-month revenue of $3,630,307,072 and earnings of $3.87 per share. The company posted a net margin of 16.4% and a return on equity of 27.2%, with its next earnings report scheduled for October 28, 2026.
Insider Buying and Selling at Nextpower Inc.
Four company insiders completed share sales during August and September 2026. President Howard J Wenger sold 11,176 shares on August 11, 2026, for a total value of $1,171,021. Director Brandi Elizabeth Thomas sold 7,415 shares on August 19, 2026, valued at $676,619. Director Julia Blunden sold 7,415 shares on August 24, 2026, worth $638,423. Chief Financial Officer Charles D Boynton sold 4,500 shares on September 1, 2026, for $359,910.
Analysts Set New Price Targets
Baird maintained an Outperform rating on Nextpower Inc. with a $116.00 price target on September 22, 2026. Later, Citigroup maintained a Buy rating and set a $121.00 price target on October 7, 2026, while Barclays maintained an Overweight rating with a $146.00 price target on October 13, 2026.
About Nextpower Inc.
Nextpower Inc. builds and supplies solar and energy technology equipment for large utility-scale power projects in the United States and global markets. The Fremont, California-based company plays a key role in the renewable energy sector as demand for clean power infrastructure expands.
Bottom Line
Investors are keeping an eye on Nextpower Inc. ahead of its upcoming earnings report on October 28, 2026. Wall Street continues to monitor how utility-scale solar demand influences the company's financial results and future share price targets.
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Source: Piper Sandler's rating change on $NXT (Sep 30, 2026). Written by software, not financial advice. How we make alerts