Nextpower (NXT)


March 16, 2026

Nextpower (NXT, BUY) – Management Initiation Feedback on Supermarket Thesis, EBTIDA Beat Streak (8 and counting) Update

By Gordon L. Johnson II

Investment Thesis – Management Feedback We had a chance to catch up with Nextpower management (IR contact: Sarah Lee) on March 13, 2026 for a 36-minute discussion covering eight topics spanning the company’s product strategy,…

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March 10, 2026

Initiate Nextpower (NXT) at BUY – Customer Consolidation, Vertical SKU Capture, & Franchise Moat Being Priced as Cyclical Equip. Player

By Gordon L. Johnson II

The Supermarket Thesis The core insight is structural, not cyclical: NXT’s customers are consolidating, and NXT is one of the only vendors with the execution capability to consolidate their SKUs vertically. This is a supermarket…

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