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TSE:NPI

Northland Power Inc (NPI.TO)

22.70
-0.15 (0.66%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
378 watching
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly The international renewable power generator has big ambitions for Europe, where they are looking to add 2 GW of capacity over the next two years. Recently reported earnings provided excellent cash flow growth as power prices surged following the Russian invasion - despite the price caps placed by the EU. This has allowed the company to accelerate debt reduction. We recommend placing a stop loss at $31, looking to achieve $48.50 -- upside potential over 28%. Yield 3.2% (Analysts’ price target is $48.35)
BUY
He's warming up to the renewables. NPI has made good acquisitions. The balance sheet is fine. This and Boralex are buys. You need to move away from fossil fuels and into renewables.
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. EBSA acquisition to continue to bear fruit. Valuation in line or slightly above peers. Higher debt loads but stable cash flows. Dividend has not grown much.
HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Solid development pipeline. Several projects went live in 2022. Record sales and solid margins. Multiples lower than the three-year average. Unlock Premium - Try 5i Free

TOP PICK
Tremendous political support for renewable energy. Most customers are in Europe, seeing exceedingly high power prices. Can reset contract pricing. Due to report today. Recently took out March highs. Potential rising margins. Strong competitive position. Yield is 2.73%. (Analysts’ price target is $46.28)
TOP PICK
Thermal, solar, assets in Colombia and Mexico. Catalyst rich over the next 12-18 months. Growth projects in Poland and Taiwan. Could double EBITDA in next 5-7 years. Firing on all cylinders. At current share price, getting growth for free. Yield is 3%. (Analysts’ price target is $45.82)
DON'T BUY
You have to hold this a long time to make any money. A few years ago, he didn't understand their valuation, but in Europe this is part of alternative energy ETFs with massive amounts of money been pouring into these ETFs. He models $24.65, far lower than the $40 shares now. It's overvalued.
BUY

A candidate if you want green energy. A decent investment offering exposure in that area.

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

NPI is a major producer of offshore wind power, accounting for 60% of its adjusted EBITDA (followed by natural gas at 21%). True, wind power is not 100% reliable, but NPI boasts a long track record of execution, returning 13% annually over the last five years. The company just reported its Q4 and full year: sales rose in Q4 by 30% and 2% for the year, largely driven by Spanish operations NPI bought last August as well as its natural gas operations. Gross profits climbed 33% in Q4 and 1% for the year. Adjusted EBITDA increased 35% in Q4, though declined 3% full year. Another caveat is its 49.1x PE, which ranks higher than the industry average of 41.5x. However, margins are robust at a 12.89% profit margin and an ROI of 2.55%. NPI pays a steady dividend yield just under 3%, based on on 98% payout ratio. That may sound high, the but the sector's average is 139%.

BUY
The whole sector hasn't done well in the past year. But this current pullback is an opportunity. NPI is a leader in offshore wind energy. She owns other names in green energy. This is a decent investment, though.
BUY
Sensational performer in 2020, as was the entire renewable sector. Hit by winter storms in Texas last year. Back seat to more traditional energy names. For the next decade, you have to have a core position in some of the renewable energy names. A leader in the space. Pullback is buyable.
BUY
Attractive entry point right now. Upside. Offshore wind is riskier, but mitigated by NPI's track record. Best offshore wind developer in the world.
STRONG BUY
They had a big run at end-2020, but have come off this year. Long term, NPI remains very attractive. They produce offshore wind power globally and are a potential take-out candidate given their scope. ESG is a strong tailwind. It's one of his largest holdings and he's buying at current levels.
BUY ON WEAKNESS
Holds some for their income portfolio. Was the biggest contributor for their performance last year. A secular growth potential story. A consistent performer and the pullback is buyable. The pullback is due to exposure and earnings disappointments due to storms in Texas. Likes the geographic exposure with roots in Canada. Clean natural gas, long tenure and great allocators of capital. 3% yield and has been a good capital appreciator.
BUY
Big fan. If you're a long-term investor, still tremendous opportunity. Growth pipeline of double EBITDA is not reflected in the valuation. Short term, it could be choppy. Long term, excellent name to own, One of the leaders in offshore wind, robust track record of execution.
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