Northland Capmk Estimates Nextracker Q1 Earnings

Nextracker Inc. (NASDAQ:NXT - Free Report) - Northland Capmk issued their Q1 2026 earnings estimates for shares of Nextracker in a research note issued on Tuesday, November 19th. Northland Capmk analyst D. Schafer expects that the company will post earnings of $0.65 per share for the quarter. Northland Capmk currently has a "Strong-Buy" rating on the stock. The consensus estimate for Nextracker's current full-year earnings is $2.74 per share. Northland Capmk also issued estimates for Nextracker's Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.78 EPS and FY2026 earnings at $2.71 EPS.

A number of other research firms have also recently commented on NXT. JPMorgan Chase & Co. dropped their target price on Nextracker from $62.00 to $58.00 and set an "overweight" rating on the stock in a research report on Thursday, October 17th. Cantor Fitzgerald reissued an "overweight" rating and issued a $55.00 price objective on shares of Nextracker in a report on Friday, August 2nd. Bank of America reduced their target price on Nextracker from $65.00 to $52.00 and set a "buy" rating for the company in a research note on Thursday, November 7th. Susquehanna dropped their price target on shares of Nextracker from $59.00 to $50.00 and set a "positive" rating on the stock in a research note on Wednesday, October 16th. Finally, Truist Financial upped their price objective on shares of Nextracker from $50.00 to $54.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $55.15.

Nextracker Stock Up 3.3 %

NXT stock opened at $37.59 on Thursday. The firm's fifty day moving average is $36.47 and its 200 day moving average is $43.18. The firm has a market cap of $5.47 billion, a PE ratio of 9.37 and a beta of 2.32. Nextracker has a one year low of $30.93 and a one year high of $62.31. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.99 and a current ratio of 2.21.

Institutional Trading of Nextracker

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC increased its position in shares of Nextracker by 73.2% during the second quarter. GAMMA Investing LLC now owns 660 shares of the company's stock valued at $31,000 after acquiring an additional 279 shares during the last quarter. TFC Financial Management Inc. acquired a new stake in Nextracker in the 2nd quarter valued at approximately $32,000. Fifth Third Bancorp raised its position in Nextracker by 1,602.5% in the second quarter. Fifth Third Bancorp now owns 681 shares of the company's stock valued at $32,000 after purchasing an additional 641 shares during the period. Rothschild Investment LLC purchased a new position in shares of Nextracker during the second quarter worth $35,000. Finally, Quarry LP lifted its stake in Nextracker by 61.5% during the 3rd quarter. Quarry LP now owns 1,119 shares of the company's stock worth $42,000 after acquiring an additional 426 shares in the last quarter. 67.41% of the stock is owned by institutional investors and hedge funds.

About Nextracker

Nextracker 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.

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