Is Nextpower Stock a Buy Now?

Nextpower has just changed its name from Nextracker; this is a bigger shift than it may seem at first.Nextpower (NXT 0.96%) offers a product that may seem straightforward, but it provides a significant benefit to its customers. That helps explain why the company has a $5 billion backlog at the end of the second quarter of fiscal 2026, ended Sept. 26, 2025, up from $4.75 billion at the end of the first quarter. There is a lot to like about Nextpower, but there's also a notable reason to tread cautiously. Her ...