Key Takeaways NXT's stock has surged 154% in a year, outpacing ARRY's 56% gain.Nextpower posted 34% Q3 revenue growth and raised full-year guidance.Array Technologies expects 2026 revenues to increase 17.8% as APA Solar boosts growth prospects.The demand for solar power is being fueled by improving cost competitiveness, along with global trends toward decarbonization and electrification. Solar remains the fastest-growing segment within renewable energy and has emerged as one of the most economical sources o ...

ATLANTA, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PowerPlan, Inc., a leading provider of financial software solutions for asset-intensive companies, today announced the general availability of PowerPlan NXT, its next-generation tax and accounting platform. PowerPlan NXT represents the evolution of more than 30 years of industry-proven functionality, now enhanced with AI-powered capabilities and built on SaaS architecture. Built for Asset-Intensive Financial Management PowerPlan NXT unifies the entire asset lifecy ...

Nextpower Inc. (NASDAQ:NXT) is one of the best new tech stocks to invest in now. On February 17, Nextpower announced a multi-year supply agreement with Jinko Solar (US) Industries Inc. to provide gigawatt-scale steel solar module frames. Under the terms of the deal, Nextpower will supply at least 1 GW of steel frames, with the potential to scale up to 3 GW over three years. These components will support Jinko Solar’s manufacturing operations at its Jacksonville, Florida facility, with production slated to ...

Core Viewpoint - Nextpower has entered a multi-year supply agreement with Jinko Solar to provide over 1 gigawatt (GW) of steel frames for solar modules, with potential scalability up to 3 GW over three years, highlighting the increasing adoption of steel frames in the solar industry [1] Company Developments - Nextpower plans to expand its steel frame manufacturing capacity in the Southeastern U.S. to support Jinko Solar's facility in Jacksonville, Florida, with production expected to begin by mid-2026 [1] - The agreement is seen as a validation of steel frames as a reliable and cost-effective solution for solar modules, enhancing module durability and supporting U.S. manufacturing priorities [1] - Nextpower has opened or expanded over 25 U.S. factories since 2021, reinforcing its commitment to local manufacturing [1] Industry Insights - The use of U.S.-made steel frames adds 6% to a tracker project's domestic content calculation, according to U.S. Treasury Department guidance, which is significant for developers [1] - Independent testing has shown that steel frames offer structural advantages, including improved torsional stiffness and reduced deflection under mechanical load, which are critical for long-term module reliability [1] - The partnership aligns with the broader trend of industrialization in the U.S. solar industry, integrating domestic manufacturing, policy incentives, and proven technology at a gigawatt scale [1]

Core Viewpoint - Nextpower Inc. (NASDAQ:NXT) is recognized as a promising investment opportunity, particularly highlighted by Jim Cramer's positive remarks during a recent episode, indicating strong confidence in the company's future performance [1][2]. Company Overview - Nextpower Inc. specializes in solar tracker technologies and energy management software tailored for solar projects, focusing on developing hardware suitable for challenging terrains and weather conditions [2]. - The company also provides digital tools aimed at monitoring and enhancing power production, which positions it well within the renewable energy sector [2]. Investment Sentiment - Jim Cramer expressed regret over selling Nextpower too early, emphasizing that it is a "moneymaker" and encouraging investors to buy the stock, reflecting a strong bullish sentiment towards the company's potential [1][2]. - Cramer specifically mentioned the leadership of Dan Shugar, reinforcing the belief that the company is well-managed and has a bright future ahead [2].

Core Viewpoint - Nextpower Inc. (NXT) is viewed positively with a buy rating due to strong execution in key areas such as demand capture and product innovation, indicating that the investment thesis remains valid [1]. Group 1: Company Performance - The company has a solid backlog, suggesting a healthy pipeline of future business opportunities [1]. Group 2: Investment Strategy - The investment approach encompasses a variety of strategies including fundamental, technical, and momentum investing, which are utilized to refine the investment process [1].

Core Insights - Nextpower Inc. (NXT) is recognized as a high growth technology stock, ranking sixth on a list of profitable high growth tech stocks [1] - Deutsche Bank and Barclays have both raised their price targets for NXT, indicating strong confidence in the company's performance and future outlook [2][3] Company Performance - NXT reported a fiscal Q3 performance that exceeded expectations across all areas, leading to a "beat and raise" quarter [2] - Deutsche Bank increased its price target on NXT to $119 from $109, while Barclays raised its target to $115 from $108, reflecting positive sentiment in the market [2] Industry Position - NXT focuses on developing and investing in renewable power solutions, aiming to support the transition to clean energy [3] - The company's projects are designed to deliver reliable and sustainable electricity, positioning it for long-term growth in the renewable energy sector [3]

Financial Performance - Nextpower reported revenues of $2.7 billion for the nine-month period ended December 31, 2025, compared to $3.0 billion for the fiscal year 2025, indicating a strong performance in the solar tracker market [128]. - Revenue for the three-month period ended December 31, 2025, increased by $230.0 million, or 34%, compared to the same period in 2024, driven by a 26% increase in GW delivered [157]. - Revenue increased by $644.0 million, or 32%, for the nine-month period ended December 31, 2025, driven by a 31% increase in GW delivered, particularly in the U.S. [170]. - U.S. revenue increased by approximately $284.6 million, or 63%, during the three-month period ended December 31, 2025, while revenue from the Rest of the World decreased by $54.6 million, or 24% [158]. - Gross profit for the three-month period ended December 31, 2025, increased by $47.2 million, or 20%, compared to the same period in 2024, attributed to increased shipment volume in the U.S. and the impact of the 45X Credit [160]. - Gross profit increased by $159.6 million, or 23%, during the nine-month period ended December 31, 2025, primarily from revenue growth in the U.S. and the impact of the 45X Credit [172]. - Adjusted net income for the three-month period ended December 31, 2025, was $169.618 million, with an adjusted net income margin of 18.7% [153]. Market Position and Strategy - The company has shipped over 150 GW of solar tracker systems globally, maintaining its position as the market leader for ten consecutive years [126][124]. - Nextpower's capital allocation strategy emphasizes growth through both organic means and disciplined mergers and acquisitions [134]. - The company anticipates continued growth driven by market expansion and the introduction of new products that enhance performance and cost efficiency [140]. - The company recognized revenue from various product lines, including TrueCapture and robotic solutions, diversifying its revenue streams beyond solar tracker systems [136]. Acquisitions and Joint Ventures - Nextpower's recent acquisitions, including Bentek and OnSight, totaled approximately $116.6 million, enhancing its capabilities in electrical infrastructure and autonomous inspection technologies [133][131]. - The company established a joint venture, Nextpower Arabia, with Abunayyan Holding, contributing $2.7 million to support solar tracker system equipment in the MENA region [130]. Research and Development - Research and development expenses are expected to increase over time as the company focuses on new product innovations and improvements to existing technologies [144]. - Research and development expenses rose by $21.9 million, or 39%, to $77.7 million for the nine-month period ended December 31, 2025, reflecting continued investment in innovation and expansion of the engineering team [174]. Costs and Expenses - Cost of sales increased by $182.8 million, or 42%, during the three-month period ended December 31, 2025, primarily due to the increase in GW delivered and higher headcount costs from recent acquisitions [159]. - Selling, general and administrative expenses increased by $37.8 million, or 19%, to $241.3 million for the nine-month period ended December 31, 2025, primarily due to expansion of the sales organization and acquisition-related costs [173]. - Cost of sales increased by $484.4 million, or 36%, during the nine-month period ended December 31, 2025, primarily due to the increase in GW delivered and higher tariffs [171]. Financial Structure and Liquidity - The company enhanced its capital structure with a $1.0 billion unsecured revolving credit facility, expanding total liquidity to approximately $1.8 billion as of December 31, 2025 [178]. - Total liquidity as of December 31, 2025, was approximately $1.8 billion, primarily from unutilized amounts under the New Revolving Credit Facility [194]. - The New Credit Agreement provides for a $1.0 billion unsecured New Revolving Credit Facility maturing on September 8, 2030, with approximately $891.4 million available as of December 31, 2025 [195]. Customer Concentration and Risks - The top five largest customers contributed 37% of total revenue for the nine-month period ended December 31, 2025, compared to 36% for the same period in 2024 [203]. - The company is exposed to commodity price risk, particularly with steel, which could impact operating margins if price increases cannot be passed on to customers [204]. - Foreign currency exchange risk is managed through a policy that includes techniques such as currency of invoice and receivables management [206]. - A 10% appreciation or depreciation of the U.S. dollar is not expected to have a material effect on the company's financial position in the near term [207].

Core Viewpoint - The article emphasizes the importance of macroeconomic analysis and market trends for making informed investment decisions [1]. Group 1: Economic Analysis - The focus is on providing tools and knowledge for investors to navigate the complexities of global markets [1]. - The analysis includes both fundamental and technical aspects to assess market conditions [1]. Group 2: Investment Insights - The author aims to equip readers with insights that can enhance their investment strategies [1]. - There is an openness to feedback, indicating a commitment to continuous improvement in investment analysis [1].

Core Insights - Nextpower Inc. (NASDAQ:NXT) is recognized as one of the top-performing new tech stocks, with a price target increase from $88 to $105 by TD Cowen, maintaining a Hold rating after the release of its FQ3 2026 earnings report [1] Financial Performance - In FQ3 2026, Nextpower reported a 34% year-over-year revenue increase to $909 million, attributed to a record backlog and strong demand in both US and international markets [2] - The company raised its FY2026 revenue guidance to a range of $3.43 billion to $3.50 billion following the positive earnings report [2] Strategic Developments - Nextpower completed the formation of the Nextpower Arabia joint venture with Abu Nayyan Holding, securing a 2.25 GW supply commitment for the Bisha Solar Project in Saudi Arabia [3] - Despite facing a $44 million headwind from tariffs during the quarter, management emphasized the successful rollout of new platform components and bundled services like TrueCapture, which are helping to maintain gross margins in the low 30s [3] Company Overview - Nextpower Inc. specializes in solar tracker technologies and solutions for utility-scale and distributed generation solar applications, both in the US and internationally [4]