Update shared on03 Oct 2025
Fair value Increased 3.16%Analysts have raised their price target for Nextracker from $70.84 to $73.08, citing improved revenue growth and profit margin expectations as key factors supporting the upward revision.
What's in the News
- Nextracker launched the NX PowerMerge trunk connector, a next generation DC power component. This product is designed to streamline eBOS installation, boost reliability, and simplify solar plant project designs. (Key Developments)
- The company was selected by Casa dos Ventos to supply 1.5 GW of NX Horizon-XTR and NX Horizon solar tracker systems for four new utility-scale solar and hybrid projects in Brazil. (Key Developments)
- Nextracker raised revenue and earnings guidance for fiscal 2026, projecting revenue up to $3.45 billion and GAAP net income up to $543 million. (Key Developments)
- The company launched a new AI and robotics business initiative, appointing its first chief AI and robotics officer and investing over $40 million in technology acquisitions. (Key Developments)
Valuation Changes
- The consensus analyst price target has increased from $70.84 to $73.08, reflecting a modest upward revision.
- The discount rate has risen slightly from 8.58% to 8.81%.
- The revenue growth expectation has edged up from 11.76% to 12.03%.
- The net profit margin estimate has grown from 15.31% to 15.72%.
- The future P/E has remained relatively stable, moving from 22.01x to 22.09x.
Disclaimer
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