NXT Stock Alert: Solar Company Nextpower Is Taking on Data Centers With New Acquisition
Nextpower (NXT) stock remains in focus after the solar tracker company agreed to acquire Prevalon Energy for up to $365 million, expanding its footprint into battery storage and AI data centers. The energy-tech firm simultaneously raised its fiscal 2027 guidance — now calling fo
Nextpower (NXT) stock remains in focus after the solar tracker company agreed to acquire Prevalon Energy for up to $365 million, expanding its footprint into battery storage and AI data centers.
The energy-tech firm simultaneously raised its fiscal 2027 guidance — now calling for at least $4 billion in revenue and $4.52 a share of adjusted earnings.
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Including recent gains, Nextpower shares are up nearly 70% versus their year-to-date low.
In its press release, Nextpower said it plans on integrating Prevalon’s battery energy storage units and advanced energy management applications into its proprietary solar technology systems.
