NXT Stock Overview
An energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Community vs My Fair Value
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Global R&D Expansion And Strong Solar Demand Will Strengthen Position, But Profit Margins May Decline
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Nextracker Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$48.42 |
| 52 Week High | US$62.31 |
| 52 Week Low | US$30.93 |
| Beta | 2.14 |
| 1 Month Change | 13.98% |
| 3 Month Change | 24.63% |
| 1 Year Change | -15.76% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 58.96% |
Recent News & Updates
Recent updates
Nextracker: Everything Is Set To Improve Results
Jan 28Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention
Jan 27
Nextracker Inc: Well Positioned To Capitalize On Growing Solar Energy Demand
Jan 18Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?
Nov 26Nextracker: Tracking Well On Quality Metrics
Nov 11Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)
Oct 28Nextracker: Market Leadership And Growth Prospects Make It A Buy
Oct 24Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today
Oct 06Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
Sep 17Nextracker: Tracking, Not Buying
Aug 27An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued
Aug 09Nextracker (NASDAQ:NXT) Has A Rock Solid Balance Sheet
Jul 19Nextracker (NASDAQ:NXT) Is Very Good At Capital Allocation
Jul 01Nextracker: Competitive Pressures Should Compress Margins Over Time
Jun 18With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case
Jun 12Nextracker Inc.'s (NASDAQ:NXT) Shares Climb 29% But Its Business Is Yet to Catch Up
May 25Nextracker: Rising Star In The Solar Industry
May 16Are Investors Undervaluing Nextracker Inc. (NASDAQ:NXT) By 42%?
May 05These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely
Apr 13Nextracker: Multiple Drivers To Aim For A Prosperous Future
Apr 11There's Reason For Concern Over Nextracker Inc.'s (NASDAQ:NXT) Price
Mar 01Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14Shareholder Returns
| NXT | US Electrical | US Market | |
|---|---|---|---|
| 7D | 5.5% | -0.9% | -0.4% |
| 1Y | -15.8% | 10.7% | 20.8% |
Return vs Industry: NXT underperformed the US Electrical industry which returned 12.9% over the past year.
Return vs Market: NXT underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Average Weekly Movement | 9.9% |
| Electrical Industry Average Movement | 11.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NXT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NXT's weekly volatility (10%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 1,050 | Dan Shugar | www.nextracker.com |
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. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects.
Nextracker Inc. Fundamentals Summary
| NXT fundamental statistics | |
|---|---|
| Market cap | US$7.08b |
| Earnings (TTM) | US$557.54m |
| Revenue (TTM) | US$2.77b |
12.5x
P/E Ratio2.5x
P/S RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | US$2.77b |
| Cost of Revenue | US$1.85b |
| Gross Profit | US$922.20m |
| Other Expenses | US$364.67m |
| Earnings | US$557.54m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.88 |
| Gross Margin | 33.28% |
| Net Profit Margin | 20.12% |
| Debt/Equity Ratio | 10.2% |
How did NXT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/20 22:45 |
| End of Day Share Price | 2025/02/20 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Nextracker Inc. is covered by 41 analysts. 28 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Kallo | Baird |
| Ishan Majumdar | Baptista Research |
| Christine Cho | Barclays |