Nextpower (NXT) Faces Q1 Revenue Decline as Earnings Approach

Nextpower (NASDAQ:NXT) is scheduled to report fiscal first-quarter results after the market close on May 19, 2026, with analysts expecting revenue to fall 10.5% from a year earlier. The solar tracker company beat revenue estimates in the prior quarter, posting $909.4 million in sales, up 33.9% year over year, though adjusted operating income missed expectations. Analysts have largely maintained estimates over the past 30 days, and the company has a record of topping Wall Street revenue forecasts. Peer results in renewable energy have been supportive. Bloom Energy reported 130% year-over-year revenue growth, beating estimates by 42%, while Generac revenue rose 12.4%, 1.1% above expectations. Their shares rose 27.2% and 19.4%, respectively, after results. Nextpower shares are up 13.8% over the past month, compared with a 3.5% average gain for renewable energy peers. The stock recently traded at $126.95, slightly above the average analyst price target of $126.04.