Nextpower shares up 7.83% premarket after Northland raises price target to $139 and maintains Outperform rating.

Nextpower surged 7.83% in premarket trading following Northland analyst Gus Richard's upgrade of the stock to a $139 price target from $116, while maintaining an Outperform rating. The firm highlighted increasing U.S. natural gas prices, driven by global demand, the AI-driven electricity boom, and expanding LNG export capacity, as tailwinds for utility-scale solar growth, a core segment for Nextpower. Additionally, Nextpower reported strong Q3 2026 earnings that exceeded analyst expectations, and KeyBanc reiterated its Overweight rating with a $142 price target, reinforcing investor confidence. Despite the positive momentum, the stock is currently seen as overvalued based on its P/E ratio. These developments have driven optimism around Nextpower's long-term positioning in the renewable energy sector.