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NPK International rated BUY on strong earnings, power capex, and AI data center growth.

Market News
21 Jul 2026
Seeking Alpha
View Source
Bullish
pluang ai news

NPK International (NPKI) is rated BUY due to its strong earnings momentum driven by robust power transmission capital expenditure and growth in AI data centers. The company projects 28% adjusted EBITDA growth and 15% revenue growth by fiscal year 2026, supported by rental fleet expansion, a UK acquisition, and a shift toward higher-margin composite mats. With a forward EV/EBITDA of 13x, below historical highs, and a healthy balance sheet alongside ongoing share buybacks, NPKI is well-positioned for continued valuation gains as utility capex accelerates.

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