Movement Alert｜Nextpower Rise 5.42% in Pre-Market Trading, Q2 Earnings Beat and Full-Year Outlook Raised

Market Focus10-29 18:21

On October 29, Nextpower rose 5.42% in Pre-Market Trading, trading near $86.01/share, with turnover of $72,500.

The move followed a stronger-than-expected fiscal Q2 report and a higher full-year outlook. Adjusted EPS was $1.31, up from $1.19 a year earlier and above the $1.10 consensus estimate, while revenue rose to $1.11 billion from $905 million and exceeded expectations of about $1.06 billion.

For fiscal 2027, the company lifted guidance to adjusted EPS of $4.61 to $4.87 on revenue of $4.2 billion to $4.45 billion, versus its prior forecast of $4.42 to $4.73 and $4.1 billion to $4.4 billion. The updated ranges were broadly above or around market expectations and helped reinforce confidence in continued growth.

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