Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline

Published
29 Aug 24
Updated
20 Aug 25
AnalystConsensusTarget's Fair Value
US$70.68
9.4% undervalued intrinsic discount
20 Aug
US$64.04
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1Y
62.4%
7D
18.6%

Author's Valuation

US$70.7

9.4% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on19 Aug 25
Fair value Increased 0.67%

Nextracker’s fair value assessment was essentially maintained, as both the future P/E and discount rate saw only marginal changes, resulting in the consensus analyst price target inching up slightly from $70.21 to $70.68. What's in the News Nextracker secured a contract to supply 1.5 GW of solar trackers and technology to Casa dos Ventos for four new utility-scale solar projects in Brazil, supporting hybrid wind-solar plant development and furthering its strong presence in Latin America.

Shared on29 Jul 25
Fair value Increased 22%

The upward revision in Nextracker's consensus price target reflects stronger revenue growth forecasts and a higher projected future P/E, resulting in a fair value increase from $57.54 to $67.08. What's in the News Nextracker added to Russell 2000 Defensive, Value-Defensive, and Growth-Defensive Indexes.

Shared on07 May 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on30 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on23 Apr 25
Fair value Increased 0.33%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 2.18%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 4.90%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 1.75%

AnalystConsensusTarget has increased profit margin from 13.3% to 14.8%.

Shared on10 Mar 25
Fair value Increased 12%

AnalystConsensusTarget has increased profit margin from 11.7% to 14.5% and decreased future PE multiple from 21.6x to 19.2x.