---
title: "Why Is Nextpower Stock Surging on Wednesday?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292791211.md"
description: "Nextpower Inc. (NASDAQ:NXT) stock surged on Wednesday following Truist Securities' initiation of coverage with a Buy rating and a $140 price target. This follows recent positive analyst actions from Barclays and Susquehanna. The momentum is also driven by the company's strategic acquisition of Germany-based Zimmermann PV-Steel Group for $378 million, expected to add significant annual revenue. Nextpower is scheduled to report Q1 earnings on July 30."
datetime: "2026-07-15T15:14:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292791211.md)
  - [en](https://longbridge.com/en/news/292791211.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292791211.md)
---

# Why Is Nextpower Stock Surging on Wednesday?

**Nextpower Inc.** (NASDAQ:NXT) stock is trading higher Wednesday after **Truist Securities** initiated coverage on the company with a Buy rating and a $140 price forecast on Tuesday.

Nextpower has a consensus price forecast of $136.74 based on the ratings of 26 analysts. This follows recent analyst actions, including **Barclays** raising its price forecast to $147 with an Overweight rating on July 7 and **Susquehanna** maintaining a Positive rating while lowering its price target to $168 on July 10.

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## Q1 Earnings On Horizon

Nextpower is scheduled to report its first-quarter earnings on July 30. Wall Street analysts estimate earnings per stock of $1 on quarterly revenue of $940.65 million. Nextpower enters the reporting period having beaten consensus earnings estimates for eight consecutive quarters.

## European Expansion Progress

The stock’s momentum follows a June 22 announcement of a definitive agreement to acquire Germany-based **Zimmermann PV-Steel Group** for $378 million. Nextpower CEO **Dan Shugar** stated the transaction “represents the next chapter” for the company. The deal is expected to close in the second half of fiscal 2027, adding an estimated 300 million euros in annual revenue.

On CNBC’s “Mad Money Lightning Round” on July 7, host **Jim Cramer** praised the company’s leadership, stating, “I think I’ve lost the right to be able to say anything about that, because that’s Shugar’s company, Dan Shugar \[CEO & founder of Nextpower\], and we made money on it, but you know what, we left it way too soon,” adding, “That man is a miracle worker.”

## Critical Levels To Watch For NXT Stock

From a longer-term trend view, NXT is still holding above its 200-day moving average ($107.68), which keeps the bigger-picture uptrend intact even after the recent pullback from the May peak. At the same time, the stock is trading 4.7% below its 20-day SMA ($114.55) and 12.3% below its 50-day SMA ($124.56), so the intermediate trend remains in "repair mode."

-   **Key Resistance**: $130
-   **Key Support**: $106

**NXT Stock Price Activity:** Nextpower shares were up 4.80% at $109.68 at the time of publication on Wednesday, according to Benzinga Pro data.

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_Photo Courtesy: MMD Creative on Shutterstock.com_

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