Nextpower Jumps 9% After Q4 Beat and $80.5 Million Apex Power Deal

3 articles · Updated · The Motley Fool · May 13

Nextpower shares rose more than 9% after the solar infrastructure company beat fiscal fourth-quarter estimates and agreed to buy Apex Power for up to $80.5 million in cash.
Q4 revenue fell nearly 5% to $881 million and adjusted net income dropped 16% to $162 million, or $1.05 a share, but both topped analyst forecasts of under $830 million and $0.93.
The company said a broader business mix supported the stronger-than-expected performance and lifted fiscal 2027 revenue guidance to $3.8 billion-$4.1 billion from $3.6 billion-$3.8 billion, while keeping adjusted EPS guidance at $4.21-$4.59.
The Apex acquisition includes power-conversion assets from Spain-based Zigor, with $46 million due at closing and up to $34.5 million tied to earn-outs, extending Nextpower's expansion in a profitable but volatile solar sector.

Is Nextpower's costly acquisition the key to AI's energy crisis, or a high-risk gamble that could threaten its bottom line?

With its stock soaring on AI hype, can Nextpower actually win the race to build the power infrastructure the future demands?