NASDAQ:NXT Nextracker (NXT) Stock Price, News & Analysis $44.19 -1.08 (-2.39%) As of 01/17/2025 04:00 PM Eastern Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Nextracker Stock (NASDAQ:NXT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Nextracker alerts:Sign Up Key Stats Today's Range$43.64▼$46.5250-Day Range$33.84▼$45.2752-Week Range$30.93▼$62.31Volume2.19 million shsAverage Volume2.00 million shsMarket Capitalization$6.43 billionP/E Ratio11.02Dividend YieldN/APrice Target$53.10Consensus RatingModerate Buy Company OverviewNextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.Read More… Nextracker Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks55th Percentile Overall ScoreNXT MarketRank™: Nextracker scored higher than 55% of companies evaluated by MarketBeat, and ranked 145th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingNextracker has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 16 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageNextracker has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Nextracker's stock forecast and price target. Earnings and Valuation1.9 / 5Proj. Earnings Growth5.56% Earnings GrowthEarnings for Nextracker are expected to grow by 5.56% in the coming year, from $2.70 to $2.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nextracker is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Nextracker is 11.02, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.44.Price to Book Value per Share RatioNextracker has a P/B Ratio of 6.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Nextracker's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted8.37% of the float of Nextracker has been sold short.Short Interest Ratio / Days to CoverNextracker has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Nextracker has recently increased by 8.47%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldNextracker does not currently pay a dividend.Dividend GrowthNextracker does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted8.37% of the float of Nextracker has been sold short.Short Interest Ratio / Days to CoverNextracker has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Nextracker has recently increased by 8.47%, indicating that investor sentiment is decreasing significantly. News and Social Media1.1 / 5News Sentiment0.00 News SentimentNextracker has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 35 news articles for Nextracker this week, compared to 10 articles on an average week.Search InterestOnly 21 people have searched for NXT on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Nextracker to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Nextracker insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $272,970.00 in company stock.Percentage Held by InsidersOnly 0.27% of the stock of Nextracker is held by insiders.Percentage Held by Institutions67.41% of the stock of Nextracker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Nextracker's insider trading history. Receive NXT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nextracker and its competitors with MarketBeat's FREE daily newsletter. Email Address NXT Stock News HeadlinesNextracker Inc. (NASDAQ:NXT) President Howard Wenger Sells 6,066 SharesJanuary 18 at 6:30 AM | insidertrades.comA Look Back at Renewable Energy Stocks’ Q3 Earnings: Nextracker (NASDAQ:NXT) Vs The Rest Of The PackJanuary 20 at 8:31 PM | finance.yahoo.comThis coin could surge during Trump’s first week in office.Juan has never had a losing trade on Bitcoin. And he booked gains of 312% on Chainlink … Now, he says one virtually unknown coin could thrive in the first year of Trump's crypto bull market …starting during his first week in office.January 20, 2025 | Weiss Ratings (Ad)NXT FRAUD NOTICE: Nextracker Inc. Investors are Alerted to Contact BFA Law before February 25 Class Action DeadlineJanuary 20 at 8:31 PM | markets.businessinsider.comNXT Investors Have Opportunity to Lead Nextracker Inc. ...January 20 at 11:42 AM | gurufocus.comNXT Investors Have Opportunity to Lead Nextracker Inc. Securities Fraud Lawsuit with the Schall Law FirmJanuary 20 at 10:58 AM | prnewswire.comInvestors who lost money on Nextracker Inc.(NXT) should contact The Gross Law Firm about pending Class Action - NXTJanuary 20 at 5:45 AM | prnewswire.comROSEN, A LEADING LAW FIRM, Encourages Nextracker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – NXTJanuary 19 at 9:12 PM | globenewswire.comSee More Headlines NXT Stock Analysis - Frequently Asked Questions How have NXT shares performed this year? Nextracker's stock was trading at $36.53 on January 1st, 2025. Since then, NXT stock has increased by 21.0% and is now trading at $44.19. View the best growth stocks for 2025 here. How were Nextracker's earnings last quarter? Nextracker Inc. (NASDAQ:NXT) issued its earnings results on Thursday, August, 1st. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.66 by $0.27. The company's revenue was up 50.1% on a year-over-year basis. When did Nextracker IPO? Nextracker (NXT) raised $501 million in an IPO on Thursday, February 9th 2023. The company issued 23,300,000 shares at a price of $20.00-$23.00 per share. J.P. Morgan, BofA Securities, Citigroup, Barclays, Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank and KeyBanc Capital Markets acted as the underwriters for the IPO. Who are Nextracker's major shareholders? Nextracker's top institutional shareholders include Fort Washington Investment Advisors Inc. OH (0.19%), Nordea Investment Management AB (0.11%), Clear Harbor Asset Management LLC (0.11%) and Harbor Capital Advisors Inc. (0.07%). Insiders that own company stock include Tpg Gp A, Llc, Howard Wenger, Bruce Ledesma, Leah Schlesinger and Nicholas Marco Miller. View institutional ownership trends. How do I buy shares of Nextracker? Shares of NXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Nextracker own? Based on aggregate information from My MarketBeat watchlists, some other companies that Nextracker investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST). Company Calendar Last Earnings8/01/2024Today1/20/2025Next Earnings (Confirmed)1/28/2025Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Search & navigation equipment Sub-IndustryElectronic Equipment Current SymbolNASDAQ:NXT CUSIPN/A CIK1852131 Webwww.nextracker.com Phone510-270-2500FaxN/AEmployees1,050Year FoundedN/APrice Target and Rating Average Stock Price Target$53.10 High Stock Price Target$69.00 Low Stock Price Target$41.00 Potential Upside/Downside+20.2%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$4.01 Trailing P/E Ratio11.02 Forward P/E Ratio16.37 P/E GrowthN/ANet Income$306.24 million Net Margins17.26% Pretax Margin26.37% Return on Equity559.17% Return on Assets16.42% Debt Debt-to-Equity Ratio0.11 Current Ratio2.21 Quick Ratio1.99 Sales & Book Value Annual Sales$2.80 billion Price / Sales2.30 Cash Flow$2.97 per share Price / Cash Flow14.90 Book Value$6.86 per share Price / Book6.44Miscellaneous Outstanding Shares145,548,000Free Float145,155,000Market Cap$6.43 billion OptionableNot Optionable Beta2.04 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? 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