13 Best Russell 2000 Stocks to Buy Right Now

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​6. Nextpower Inc. (NASDAQ:NXT)

Number of Hedge Fund Holders: 41

​Nextpower Inc. (NASDAQ:NXT) is one of the Best Russell 2000 Stocks to Buy Right Now. On January 14, Christine Cho, CFA, from Barclays, reiterated a Buy rating on the stock and raised the price target from $105 to $108. On the same day, William O’Neil also initiated Nextpower Inc. (NASDAQ:NXT) with a Buy rating, but did not disclose any price targets.

​The ratings follow the company’s January 12 announcement, which noted the finalization of a joint venture with Saudi-based Abunayyan Holding. Management noted that the joint venture focuses on speeding up utility-scale solar projects across the Middle East and North Africa (MENA). One of the major highlights of this project is the launch of an advanced manufacturing facility in Jeddah. The site is currently under construction and is expected to open in the second quarter of 2026. Management highlighted that this facility will be used to produce the company’s solar trackers. The facility is expected to have an annual production capacity of up to 12 GW and will also create more than 2,000 employment opportunities.

​That said, Nextpower Inc. (NASDAQ:NXT) is expected to release its fiscal Q3 2026 results on January 27. Wall Street expects the company to post revenue of approximately $811.44 million and EPS of $0.75.

Nextpower Inc. (NASDAQ:NXT) designs, engineers, and delivers advanced energy technology platforms for solar power plants.

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