5 Best Clean Energy Stocks to Buy Right Now

3. Nextpower Inc. (NASDAQ:NXT)

Number of Hedge Fund Holders: 42

Nextpower Inc. (NASDAQ:NXT) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains.

On May 13, Citi analyst Vikram Bagri bumped up the firm’s price target on Nextpower Inc. (NASDAQ:NXT) from $114 to $145, while maintaining a ‘Buy’ rating on the shares.

The revised target comes following Nextpower Inc. (NASDAQ:NXT)’s recent Q4 report, in which the company raised its outlook and posted a lower cost of capital. The analyst firm also highlighted Nextpower’s accelerating investment in power conversion to take advantage of the growing opportunities in the solar and data center space.

Nextpower Inc. (NASDAQ:NXT) reported strong results for its Q4 2025 on May 12, with the company exceeding estimates in both profits and revenue. Moreover, it grew its full-year revenue by 20% and ended the year with a record backlog of over $5.25 billion.

Nextpower Inc. (NASDAQ:NXT) also raised its guidance for FY 2027. The company now expects revenue in the range of $3.8 billion to $4.1 billion and adjusted EBITDA in the range of $825 million to $900 million for the year.

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