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NEXTracker, Inc. Class A (NXT)
NASDAQ:NXT
NXT Stock Chart & Stats
Day’s Range― - ―
52-Week Range$30.93 - $62.31
Previous CloseN/A
Volume1.27M
Average Volume (3M)2.12M
Market Cap
$6.58B
Enterprise Value$4.91B
Total Cash (Recent Filing)$693.54M
Total Debt (Recent Filing)$6.56M
Price to Earnings (P/E)11.9
Beta1.55
Next Earnings
May 07, 2025EPS Estimate
0.94Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.79
Shares Outstanding143,710,200
10 Day Avg. Volume1,858,380
30 Day Avg. Volume2,115,139
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)N/A
Price to Sales (P/S)2.33
Price to Cash Flow (P/CF)11.20
P/FCF Ratio11.20
Enterprise Value/Market Cap0.75
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.04
Enterprise Value/Ebitda6.59
Forecast
1Y Price Target
$56.06Price Target Upside28.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceNextracker reported solid results, beating estimates for revenue and gross margin, and increased profit outlook due to better structural margins.
Guidance And ForecastThe company's FY'25 guidance was raised, indicating strong future performance expectations.
Market PositionNextracker continues to be a leader in the tracker industry and benefits from secular growth in the US and globally.
Bears Say
Market CompetitionInternational business performance is better than expected, with a strong market position in regions like Europe despite competition from Chinese products.
Policy UncertaintyConcerns 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.
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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 $6.58B.
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 40 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 0.94.
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
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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:
$56.06 (28.37% Upside)
$56.06 (28.37% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 725.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days <0.1%
Last 30 Days ▼ 9.3%
Last 30 Days ▼ 9.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-22.93%
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., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
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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
$56.06
▲(28.37% Upside)
Technical Analysis
Best Analysts Covering NXT
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+15.00%
reiterated a buy rating 4 months ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +15.00% per trade.
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