Nextpower rises on Q3 beat, revenue forecast hike

Shares of solar tracking equipment maker Nextpower NXT.O jump 1.3% to $119.98 premarket after Q3 beat

Co posts Q3 rev of $909 mln, beating est. of $813.3 mln; adj EPS of $1.10 above est. of $0.93 - LSEG data

Co sees FY2026 revenue of $3.425-$3.500 bln vs prior est of $3.275-$3.475 bln

CEO Dan Shugar says "customer response to our expanding product offerings and rebrand has been very favorable"

21 out of 29 analysts rate stock "buy" or higher, eight rate it "hold"; median PT at $108 - data compiled by LSEG

As of last close, NXT stock up 21.5% over the past year