June 3, 2026
Bottom Line We reiterate our BUY rating on Nextpower (“NXT”) and raise our year-end 2026 price target to $149.44 (from $147) to reflect the strategically sound, accretive acquisition of Prevalon Energy. We do so, however,…
May 13, 2026
Executive Summary NXT delivered a clean F4Q26 beat across every line item that matters and raised FY27 revenue guidance more than we expected, but the optical headline of the print is overshadowed by what is,…
March 16, 2026
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,…
March 10, 2026
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…