Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
NEXTracker, Inc. Class A (NXT)
NASDAQ:NXT
RESEARCH TOOLSreports
NXT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$30.93 - $62.31
Previous CloseN/A
Volume1.27M
Average Volume (3M)3.23M
Market Cap
$7.03B
Enterprise Value$4.91B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)12.8
Beta1.61
Next Earnings
May 07, 2025EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.79
Shares Outstanding143,710,200
10 Day Avg. Volume2,514,262
30 Day Avg. Volume3,225,915
Standard Deviation0.16
R-Squared0.21
Alpha-0.00676
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.55
Price to Cash Flow (P/CF)12.30
P/FCF Ratio12.30
Enterprise Value/Market Cap0.70
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.04
Enterprise Value/Ebitda6.77
Forecast
1Y Price Target
$56.12Price Target Upside15.90% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's FY'25 guidance was raised, indicating strong future performance expectations.
Market PositionNXT is viewed as a top pick in Clean Energy, highlighting its strong position in the sector.
Revenue GrowthThe company is on track to grow revenue by 15% in FY'25 and 20% in FY'26, reflecting a robust growth trajectory.
Bears Say
Market CompetitionInternational business performance is better than expected, with a strong market position in regions like Europe despite competition from Chinese products.
Pricing ChallengesConcerns exist that tracker average selling prices may start to decline and near-term solar capacity growth may slow due to policy uncertainty.
Pricing ConcernsThere is concern that tracker ASPs may start to decline and near-term solar capacity growth may slow somewhat due to policy uncertainty.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NXT FAQ
What was NEXTracker, Inc. Class A’s price range in the past 12 months?
NEXTracker, Inc. Class A lowest stock price was $30.93 and its highest was $62.31 in the past 12 months.
What is NEXTracker, Inc. Class A’s market cap?
NEXTracker, Inc. Class A’s market cap is $7.03B.
When is NEXTracker, Inc. Class A’s upcoming earnings report date?
NEXTracker, Inc. Class A’s upcoming earnings report date is May 07, 2025 which is in 74 days.
How were NEXTracker, Inc. Class A’s earnings last quarter?
NEXTracker, Inc. Class A released its earnings results on Jan 28, 2025. The company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.45.
Is NEXTracker, Inc. Class A overvalued?
According to Wall Street analysts NEXTracker, Inc. Class A’s price is currently Undervalued.
Does NEXTracker, Inc. Class A pay dividends?
NEXTracker, Inc. Class A does not currently pay dividends.
What is NEXTracker, Inc. Class A’s EPS estimate?
NEXTracker, Inc. Class A’s EPS estimate is 0.92.
How many shares outstanding does NEXTracker, Inc. Class A have?
NEXTracker, Inc. Class A has 143,710,200 shares outstanding.
What happened to NEXTracker, Inc. Class A’s price movement after its last earnings report?
NEXTracker, Inc. Class A reported an EPS of $1.03 in its last earnings report, beating expectations of $0.58. Following the earnings report the stock price went up 24.281%.
Which hedge fund is a major shareholder of NEXTracker, Inc. Class A?
Currently, no hedge funds are holding shares in NXT
---
NEXTracker, Inc. Class A Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$56.12 (15.90% Upside)
$56.12 (15.90% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 84.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 9.4%
Last 30 Days ▲ 9.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-17.76%
12-Months-Change
Fundamentals
Return on Equity
39.64%
Trailing 12-Months
Asset Growth
42.40%
Trailing 12-Months
Company Description
NEXTracker, Inc. Class A
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
---
NXT Earnings Call
Q3 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a strong financial performance with significant revenue growth, record backlog, and improved profitability. Strategic investments and strong market position further bolster the company's outlook. However, there are challenges in international markets regarding pricing pressures, which could affect margin stability.Read More>---
NXT Stock 12 Month Forecast
Average Price Target
$56.12
▲(15.90% Upside)
Technical Analysis
Best Analysts Covering NXT
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+17.76%
reiterated a buy rating 3 months ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +17.76% per trade.
---