Nextracker Inc. specializes in providing intelligent solar tracking technology and software solutions that enhance the efficiency and performance of solar energy systems. The company designs and manufactures innovative solar tracking systems that enable solar panels to align with the sun throughout the day, maximizing energy capture. By integrating advanced monitoring and analytics tools, Nextracker empowers solar project developers and operators to optimize the operation of their renewable energy projects, thereby contributing to the global transition towards sustainable energy sources. Read More
Solar tracker company Nextpower (NASDAQ:NXT) reported revenue ahead of Wall Streets expectations in Q4 CY2025, with sales up 33.9% year on year to $909.4 million. The company expects the full year’s revenue to be around $3.46 billion, close to analysts’ estimates. Its non-GAAP profit of $1.10 per share was 17.1% above analysts’ consensus estimates.
Nextpower (Nasdaq: NXT, formerly Nextracker), a leading provider of intelligent power generation systems for solar power plants, today announced financial results for the third quarter of fiscal year 2026, ended December 31, 2025.
Nextpower Arabia, the newly formed joint venture between Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding, today announced it will provide 2.25 gigawatts (GWp) of advanced solar tracking systems to Larsen & Toubro (L&T) for the Bisha Solar project, one of the largest utility-scale solar plants being developed by an ACWA Power-led consortium. The project was procured by the Saudi Power Procurement Company (SPPC) as part of Wave 6 of the Kingdom’s National Renewable Energy Program (NREP) overseen by the Ministry of Energy.
Shares of solar tracker company Nextpower (NASDAQ:NXT)
jumped 4.7% in the afternoon session after the company announced a joint venture to build solar power plants in the Middle East and an analyst raised their price target.
Nextpower (Nasdaq: NXT, formerly Nextracker), a leading provider of intelligent power generation systems for solar power plants, announced today that Fitch Ratings (“Fitch”) has issued inaugural investment grade credit ratings for the company.
Shares of solar tracker company Nextpower (NASDAQ:NXT)
jumped 8.2% in the afternoon session after the company, formerly known as Nextracker, completed the formation of a joint venture in Saudi Arabia.
Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and regional renewable energy transformation objectives and Net Zero targets.
Nextpower (Nasdaq: NXT) will announce its third quarter fiscal 2026 financial results after the market closes on Tuesday, January 27, 2026. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. They are also bound to benefit from a friendlier regulatory environment with the Trump administration,
and this excitement has led to a six-month gain of 13.6% for the sector - higher than the S&P 500’s 10.1% return.
