Nextpower: Its Biggest Growth Opportunity Now Lies Outside The Trackers

Nextpower earns a Buy rating at ~$100, leveraging strong solar park demand and expanding into battery storage and inverters. NXT's recent revenue growth is acquisition-driven, with battery storage and complementary products now 22% of revenue but margin pressure persists. Order book exceeds $6 billion, positioning NXT to cross-sell to existing solar park clients and drive higher revenue per project.