Professional
Added to YB: 2026-09-23
Pitch date: 2026-07-24
NXT [bullish]
Nextpower Inc.
-18.27%
current return
Author Info
No bio for this author
Company Info
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally.
Market Cap
$12.2B
Pitch Price
$100.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.47
P/E
20.78
EV/Sales
3.04
Sector
Electrical Equipment
Category
growth
Fundsmith Equity Fund New Position: Nextpower Inc.
NXT: Nextpower makes mechanical systems and proprietary software that enable utility-scale solar panels to track the sun, increasing energy yield by 20-30% versus fixed installations. Its outsourced manufacturing model keeps fixed costs low, while installed software creates switching difficulty. Growth is tied to renewable-energy demand, particularly generation near data centers; the $365M Prevalon Energy acquisition adds battery capabilities. ROIC is ~50% and free-cash-flow yield 3.2%.
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