7/102 sources · 2 publishersUpdated Nov 3, 14:03 UTC
GLJ lifts Nextpower target to $158 while retaining Buy view
On November 3, GLJ Research raised its valuation target for Nextpower to $158 from $149 and left its Buy rating unchanged. The firm cited strong third-quarter execution, a 17% EPS-estimate beat and higher company guidance. Nextpower’s fiscal 2027 revenue outlook is $4.20 billion to $4.45 billion.
Why it matters
The change increases GLJ Research’s valuation benchmark for Nextpower by $9 while preserving its positive rating. GLJ’s rationale rests on recent operating performance and the company’s higher fiscal 2027 revenue outlook.
Key facts
- 1GLJ Research set a $158 target for Nextpower, up from $149, while maintaining its Buy rating. investing.com
- 2Nextpower’s fiscal 2027 revenue guidance is $4.20 billion to $4.45 billion. investing.com
- 3The company exceeded the Wall Street EPS estimate by 17%, according to the report. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.