Nextpower Inc.
NXTTechnologyNASDAQSolar · Last scanned Jul 17, 2026
Scan Results
Daily timeframeNextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. Valued at $16.41B, NXT is a large-cap name in its sector. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint.
Market Cap
$16.41B
Beta
1.86
P/E (TTM)
28.42
P/E (Fwd)
18.11
EPS (TTM)
$3.76
EPS (Fwd)
$5.90
ROE
29.6%
ROA
12.2%
Cash
$1.15B
Total Debt
$52.9M
Free CF
$311.7M
52W Change
76.7%
Annual Financials
Cash vs Debt
With $1.15B in cash and $52.9M in debt, NXT maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Annual free cash flow of $311.7M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 29.6%, which is strong for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 12.2% further supports the picture of efficient asset utilization. Revenue has grown from $1.90B (2023) to $3.56B (2026), reflecting a 87% increase over the period.
Nextpower Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. With cash comfortably exceeding debt, NXT has financial flexibility that may help navigate uncertain periods. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing NXT.