topstockalerts
Oct 24, 2:18 AM
Truist Securities reiterated Buy ratings on five clean-energy stocks ahead of the sector’s earnings season, citing favorable long-term demand prospects. The firm expects the U.S. to add approximately 38 GWac of utility-scale solar capacity annually through 2030, alongside 26 GW of energy-storage capacity each year. Investors are focused on execution, rising electricity demand, interest-rate impacts, and companies’ ability to translate expanding market opportunities into revenue growth and margin expansion.
Nextpower: Truist expects fiscal Q2 2027 revenue of
$1.1 billion, 5% above consensus and up 22% year over year, including approximately
$82.5 million from Prevalon. Investors are also watching the company’s November 16 Capital Markets Day, where management is expected to update its fiscal 2030 outlook. Key areas of interest include integration progress, cross-selling opportunities, and the margin implications of its broader product portfolio.
$NXT
