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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)1.84M
Market Cap
$5.72B
Enterprise Value$4.91B
Total Cash (Recent Filing)$29.07M
Total Debt (Recent Filing)$2.70M
Price to Earnings (P/E)10.3
Beta1.22
Next Earnings
May 07, 2025EPS Estimate
0.96Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.79
Shares Outstanding143,710,200
10 Day Avg. Volume1,830,797
30 Day Avg. Volume1,843,731
Financial Highlights & Ratios
PEG Ratio0.08
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 Cap0.86
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.04
Enterprise Value/Ebitda6.59
Forecast
1Y Price Target
$55.41Price Target Upside41.06% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
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Bulls Say, Bears Say
Bulls Say
Backlog And BookingsThe current backlog, significantly above $4.5 billion, offers ample cushion for the top line.
Financial PerformanceThe company's FY'25 guidance was raised, indicating strong future performance expectations.
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 ConditionsSlowing end markets are expected as a downside risk, leading to trimmed estimates.
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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Ownership Overview
1.08% Insiders
27.51% Mutual Funds
0.42% Other Institutional Investors
42.78% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 $5.72B.
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 14 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 0.96.
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
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$55.41 (41.06% Upside)
$55.41 (41.06% Upside)
Blogger Sentiment
Bullish
NXT Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 725.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.27%
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
$55.41
▲(41.06% Upside)
Technical Analysis
Canadian Solar
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Enphase Energy
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SolarEdge Technologies
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Array Technologies
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Shoals Technologies Group
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Best Analysts Covering NXT
1 Year
1 Year Success Rate
5/7 ratings generated profit
1 Year Average Return
+17.56%
reiterated a buy rating 14 days ago
Copying Christine Cho CFA's trades and holding each position for 1 Year would result in 71.43% of your transactions generating a profit, with an average return of +17.56% per trade.
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