NXT vs. STM, ASX, GFS, UI, HUBB, UMC, FLEX, ALAB, CLS, and DRS
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include STMicroelectronics (STM), ASE Technology (ASX), GlobalFoundries (GFS), Ubiquiti (UI), Hubbell (HUBB), United Microelectronics (UMC), Flex (FLEX), Astera Labs (ALAB), Celestica (CLS), and Leonardo DRS (DRS). These companies are all part of the "electronic equipment" industry.
Nextracker vs.
STMicroelectronics (NYSE:STM) and Nextracker (NASDAQ:NXT) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their community ranking, media sentiment, analyst recommendations, profitability, earnings, valuation, dividends, institutional ownership and risk.
STMicroelectronics has a beta of 1.56, meaning that its share price is 56% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.24, meaning that its share price is 124% more volatile than the S&P 500.
STMicroelectronics presently has a consensus price target of $31.26, suggesting a potential upside of 28.70%. Nextracker has a consensus price target of $56.43, suggesting a potential upside of 24.86%. Given STMicroelectronics' higher probable upside, research analysts plainly believe STMicroelectronics is more favorable than Nextracker.
5.1% of STMicroelectronics shares are owned by institutional investors. Comparatively, 67.4% of Nextracker shares are owned by institutional investors. 0.3% of Nextracker shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Nextracker has a net margin of 20.12% compared to STMicroelectronics' net margin of 11.74%. Nextracker's return on equity of 41.22% beat STMicroelectronics' return on equity.
STMicroelectronics received 454 more outperform votes than Nextracker when rated by MarketBeat users. However, 72.97% of users gave Nextracker an outperform vote while only 61.57% of users gave STMicroelectronics an outperform vote.
In the previous week, Nextracker had 8 more articles in the media than STMicroelectronics. MarketBeat recorded 16 mentions for Nextracker and 8 mentions for STMicroelectronics. Nextracker's average media sentiment score of 1.13 beat STMicroelectronics' score of 0.50 indicating that Nextracker is being referred to more favorably in the news media.
STMicroelectronics has higher revenue and earnings than Nextracker. Nextracker is trading at a lower price-to-earnings ratio than STMicroelectronics, indicating that it is currently the more affordable of the two stocks.
Summary
Nextracker beats STMicroelectronics on 14 of the 19 factors compared between the two stocks.
Get Nextracker News Delivered to You Automatically
Sign up to receive the latest news and ratings for NXT and its competitors with MarketBeat's FREE daily newsletter.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Nextracker Competitors List
Related Companies and Tools
This page (NASDAQ:NXT) was last updated on 3/25/2025 by MarketBeat.com Staff
Buy NXT Stock Free NXT Stock Alerts