NASDAQ:NXT Nextracker (NXT) Stock Price, News & Analysis → [FREE Ticket] 27 Crypto Experts Reveal Their #1 Picks (From Crypto 101 Media) (Ad) Free NXT Stock Alerts $43.81 -2.17 (-4.72%) (As of 05/16/2024 ET) Add Compare Share Share Today's Range$43.24▼$47.3950-Day Range$42.25▼$60.5452-Week Range$32.14▼$62.14Volume6.05 million shsAverage Volume4.17 million shsMarket Capitalization$5.98 billionP/E Ratio23.43Dividend YieldN/APrice Target$58.52 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestSocial Media Get Nextracker alerts: Email Address Nextracker MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside33.6% Upside$58.52 Price TargetShort InterestBearish9.38% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.77Based on 33 Articles This WeekInsider TradingSelling Shares$551,612 Sold Last QuarterProj. Earnings Growth4.27%From $2.34 to $2.44 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.11 out of 5 starsOils/Energy Sector59th out of 242 stocksSearch & Navigation Equipment Industry4th out of 11 stocks 4.4 Analyst's Opinion Consensus RatingNextracker has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 19 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageNextracker has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Nextracker's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted9.38% of the float of Nextracker has been sold short.Short Interest Ratio / Days to CoverNextracker has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nextracker has recently increased by 6.36%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNextracker does not currently pay a dividend.Dividend GrowthNextracker does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NXT. Previous Next 2.6 News and Social Media Coverage News SentimentNextracker has a news sentiment score of 0.77. 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 higher news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 33 news articles for Nextracker this week, compared to 4 articles on an average week.Search InterestOnly 43 people have searched for NXT on MarketBeat in the last 30 days. This is a decrease of -2% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Nextracker to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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 $551,612.00 in company stock.Percentage Held by InsidersOnly 0.09% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Nextracker are expected to grow by 4.27% in the coming year, from $2.34 to $2.44 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nextracker is 23.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Nextracker is 23.43, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.88.Price to Earnings Growth RatioNextracker has a PEG Ratio of 0.38. PEG Ratios below 1 indicate that a company could be undervalued.Read more about Nextracker's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWhat’s Really Next for America…Millions of Unsuspecting Americans Could be Wiped Out… Yet those who watch this bombshell exposé and prepare before it’s too late could have the chance to protect their financial future and grow their wealth significantly.Click here to stream this controversial exposé now. About Nextracker Stock (NASDAQ:NXT)Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; NX Gemini, a two-in-portrait format tracker, which holds two rows of solar panels along the central support beam; 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 monitoring and control software solutions including TrueCapture, a solar boosting power plant, which boost plant performance by correcting for shading and diffuse light conditions; and NX Navigator, a mitigating extreme weather risk navigator which helps to maintain optimum tracker equipment health and availability. The company was founded in 2013 and is headquartered in Fremont, California.Read More NXT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NXT Stock News HeadlinesMay 16 at 7:20 AM | marketbeat.comNextracker: Solar Stock Rising With New Highs in SightNextracker NASDAQ: NXT shares surged more than 10%, giving signs of bottoming and reversal that could return the market to its all-time highs. The surge is driven by strength in results, including a solid outlook for demand and a growing backlog that will keep the company business for the next few years.May 16 at 7:20 AM | marketbeat.comNextracker: Solar Stock Rising With New Highs in SightNextracker had a blowout quarter driven by rising demand and a growing backlog. Results are highlighted by wider margins and surging profits.May 16 at 7:25 PM | benzinga.comLooking At NEXTracker's Recent Unusual Options ActivityMay 16 at 3:20 AM | americanbankingnews.comNextracker Target of Unusually Large Options Trading (NASDAQ:NXT)May 15 at 3:49 PM | msn.comNEXTracker Posts Upbeat Earnings, Joins monday.com, Nu Holdings And Other Big Stocks Moving Higher On WednesdayMay 15 at 10:49 AM | msn.comWhy Is Nextracker Stock Seeing Blue Skies Premarket Wednesday?May 15 at 10:49 AM | seekingalpha.comNextracker shares charge higher as robust demand fuels earnings beatMay 15 at 8:39 AM | barrons.comNextracker Stock Shines as Earnings Benefit From Strong Demand and Cost DisciplineMay 15 at 5:48 AM | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Nvidia (NVDA) and NEXTracker, Inc. Class A (NXT)May 15 at 5:48 AM | finance.yahoo.comNEXTracker Inc (NXT) (Q4 2024) Earnings Call Transcript Highlights: Stellar Growth and ...May 14 at 9:55 PM | investopedia.comNextracker Stock Jumps as Demand for Solar Tracking Solutions Drives Earnings BeatMay 14 at 5:27 PM | seekingalpha.comNextracker Inc. 2024 Q4 - Results - Earnings Call PresentationMay 14 at 4:05 PM | businesswire.comNextracker Reports Q4 and FY24 Financial ResultsMay 7, 2024 | americanbankingnews.comNextracker (NXT) to Release Earnings on TuesdayApril 26, 2024 | bizjournals.comJM Steel to double capacity — and clean energy work — at growing steel plant in LeetsdaleApril 26, 2024 | businesswire.comNextracker and JENNMAR Subsidiary JM Steel Bolster U.S. Supply Chain with New Facility Expansion to Triple Capacity for Solar Energy ProjectsApril 25, 2024 | finance.yahoo.comNextracker Inc. (NXT)April 23, 2024 | finance.yahoo.comNextracker Launches Industry’s First Low Carbon Solar Tracker SolutionApril 23, 2024 | businesswire.comNextracker Launches Industry's First Low Carbon Solar Tracker SolutionApril 18, 2024 | nasdaq.comNextracker Breaks Below 200-Day Moving Average - Notable for NXTApril 18, 2024 | businesswire.comNextracker to Announce Fourth Quarter Fiscal 2024 and Full-Year Results on May 14, 2024April 13, 2024 | uk.investing.comNextracker shares target cut by Piper SandlerApril 11, 2024 | seekingalpha.comNextracker: Multiple Drivers To Aim For A Prosperous FutureApril 7, 2024 | investorplace.comThe 3 Best Growth Stocks to Buy in April 2024April 5, 2024 | investing.comNextracker COO sells over $440k in company stockSee More Headlines 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 Company Calendar Last Earnings7/26/2023Today5/16/2024Next Earnings (Estimated)7/24/2024Fiscal Year End3/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Search & navigation equipment Sub-IndustryN/A Current SymbolNASDAQ:NXT CUSIPN/A CIK1852131 Webwww.nextracker.com Phone510-270-2500FaxN/AEmployees606Year FoundedN/APrice Target and Rating Average Stock Price Target$58.52 High Stock Price Target$71.00 Low Stock Price Target$43.00 Potential Upside/Downside+33.6%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage23 Analysts Profitability EPS (Most Recent Fiscal Year)$1.87 Trailing P/E Ratio23.43 Forward P/E Ratio18.72 P/E Growth0.38Net Income$1.14 million Net Margins4.48% Pretax Margin16.00% Return on Equity-5.98% Return on Assets10.11% Debt Debt-to-Equity RatioN/A Current Ratio1.87 Quick Ratio1.60 Sales & Book Value Annual Sales$1.90 billion Price / Sales3.14 Cash Flow$0.26 per share Price / Cash Flow165.36 Book Value($21.35) per share Price / Book-2.05Miscellaneous Outstanding Shares136,540,000Free Float136,419,000Market Cap$5.98 billion OptionableNot Optionable Beta2.42 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Daniel S. Shugar (Age 60)Co-Founder, CEO & Director Comp: $885.45kMr. Howard J. Wenger (Age 64)Director & President Comp: $785.63kMr. Nicholas Miller (Age 55)Co-Founder & COO Comp: $520.09kMr. David P. Bennett (Age 54)Chief Financial Officer Comp: $873.04kMr. Bruce R. Ledesma (Age 56)President of Strategy & Administration Comp: $758.54kMr. Marco GarciaCo-Founder & Chief Commercial OfficerMr. Alex AuCo-Founder & CTOMr. Mike MehawichCo-Founder & Chief Strategy OfficerMs. Leah Schlesinger Esq. (Age 60)General Counsel, Chief Ethics & Compliance Officer and Secretary Comp: $344.99kMs. Kristan KirshVice President of Global MarketingMore ExecutivesKey CompetitorsNew Fortress EnergyNASDAQ:NFEEquitrans MidstreamNYSE:ETRNPBF EnergyNYSE:PBFSM EnergyNYSE:SMEnLink MidstreamNYSE:ENLCView All CompetitorsInsiders & InstitutionsBlue Door Asset Management LLCBought 35,893 shares on 5/16/2024Ownership: 0.204%California State Teachers Retirement SystemBought 71,711 shares on 5/16/2024Ownership: 0.091%BROOKFIELD Corp ON Bought 49,710 shares on 5/16/2024Ownership: 0.036%Bayesian Capital Management LPBought 21,881 shares on 5/16/2024Ownership: 0.036%Jane Street Group LLCSold 102,424 shares on 5/16/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions NXT Stock Analysis - Frequently Asked Questions Should I buy or sell Nextracker stock right now? 23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nextracker in the last year. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NXT shares. View NXT analyst ratings or view top-rated stocks. What is Nextracker's stock price target for 2024? 23 analysts have issued 12-month target prices for Nextracker's shares. Their NXT share price targets range from $43.00 to $71.00. On average, they expect the company's stock price to reach $58.52 in the next year. This suggests a possible upside of 33.6% from the stock's current price. View analysts price targets for NXT or view top-rated stocks among Wall Street analysts. How have NXT shares performed in 2024? Nextracker's stock was trading at $46.85 on January 1st, 2024. Since then, NXT stock has decreased by 6.5% and is now trading at $43.81. View the best growth stocks for 2024 here. When is Nextracker's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our NXT earnings forecast. How were Nextracker's earnings last quarter? Nextracker Inc. (NASDAQ:NXT) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.30 by $0.18. The company earned $479.50 million during the quarter, compared to the consensus estimate of $473.69 million. Nextracker had a net margin of 4.48% and a negative trailing twelve-month return on equity of 5.98%. The company's quarterly revenue was up 18.9% compared to the same quarter last year. What ETFs hold Nextracker's stock? ETFs with the largest weight of Nextracker (NASDAQ:NXT) stock in their portfolio include Invesco Solar ETF (TAN), Global X Clean Tech ETF (CTEC), ALPS Clean Energy ETF (ACES), ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), iShares Global Clean Energy ETF (ICLN) and Virtus Duff & Phelps Clean Energy ETF (VCLN). What guidance has Nextracker issued on next quarter's earnings? Nextracker updated its FY 2025 earnings guidance on Tuesday, May, 14th. The company provided earnings per share (EPS) guidance of 2.890-3.090 for the period, compared to the consensus estimate of 3.150. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.9 billion. 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 $20.00-$23.00 per share. J.P. Morgan, BofA Securities, Citigroup, Barclays, Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank and KeyBanc Capital Markets served as the underwriters for the IPO. Who are Nextracker's major shareholders? Nextracker's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.18%), Assenagon Asset Management S.A. (1.16%), Jacobs Levy Equity Management Inc. (0.63%), Earnest Partners LLC (0.61%), Westfield Capital Management Co. LP (0.59%) and Jennison Associates LLC (0.46%). Insiders that own company stock include Leah Schlesinger, Nicholas Marco Miller and Tpg Gp A, Llc. 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. Compare Top Brokerages Here. 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