Will Nextpower's New Southeast Hub and Capacity Expansion Change Nextpower's (NXT) Narrative

Simplywall
2025.12.06 20:00
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Nextpower has expanded its Southeast regional hub in Nashville and doubled its U.S. solar tracker steel fabrication capacity in Memphis, supporting 150 jobs. This expansion strengthens its role in supplying utility-scale solar projects, particularly for partner Silicon Ranch. The company faces risks from tariffs and domestic content rules but has a $5 billion backlog and projects $4.3 billion revenue by 2028. Fair value estimates suggest a 12% upside to its current price. The focus on U.S. supply chain localization is a key catalyst for growth.