Nextracker Inc.

NasdaqGS:NXT Stock Report

Market Cap: US$8.3b

Nextracker Future Growth

Future criteria checks 2/6

Nextracker is forecast to grow earnings and revenue by 5.7% and 9.1% per annum respectively. EPS is expected to grow by 3.5% per annum. Return on equity is forecast to be 19.9% in 3 years.

Key information

5.7%

Earnings growth rate

3.54%

EPS growth rate

Electrical earnings growth17.4%
Revenue growth rate9.1%
Future return on equity19.87%
Analyst coverage

Good

Last updated30 May 2025

Recent future growth updates

Recent updates

Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

May 29
Nextracker's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest

Nextracker: Near-Term Outlook Cloudy, Long-Term Prospects Remain Attractive

May 22

Nextracker: An Opportunity That Shines In The Sun

Apr 18

Nextracker: Backlog Growth Creates Future Visibility

Mar 27

Is Nextracker Inc. (NASDAQ:NXT) Trading At A 41% Discount?

Mar 24
Is Nextracker Inc. (NASDAQ:NXT) Trading At A 41% Discount?

Nextracker Looks Like A Buy -- But Maybe Not An Easy Buy

Mar 13

These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Feb 26
These 4 Measures Indicate That Nextracker (NASDAQ:NXT) Is Using Debt Safely

Nextracker: Everything Is Set To Improve Results

Jan 28

Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention

Jan 27
Why The 37% Return On Capital At Nextracker (NASDAQ:NXT) Should Have Your Attention

Nextracker Inc: Well Positioned To Capitalize On Growing Solar Energy Demand

Jan 18

Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?

Nov 26
Does Nextracker (NASDAQ:NXT) Have A Healthy Balance Sheet?

Nextracker: Tracking Well On Quality Metrics

Nov 11

Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)

Oct 28
Returns on Capital Paint A Bright Future For Nextracker (NASDAQ:NXT)

Nextracker: Market Leadership And Growth Prospects Make It A Buy

Oct 24

Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today

Oct 06
Here's Why We Think Nextracker (NASDAQ:NXT) Might Deserve Your Attention Today

Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely

Sep 17
Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
author-image

Solar Innovations And Decisive Acquisitions Fuel Robust Growth And Market Expansion

Expansion into international markets and strategic acquisitions like Ojjo and Solar Pile International signal robust demand and potential for increased market share.

Nextracker: Tracking, Not Buying

Aug 27

An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued

Aug 09
An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued

Nextracker (NASDAQ:NXT) Has A Rock Solid Balance Sheet

Jul 19
Nextracker (NASDAQ:NXT) Has A Rock Solid Balance Sheet

Nextracker (NASDAQ:NXT) Is Very Good At Capital Allocation

Jul 01
Nextracker (NASDAQ:NXT) Is Very Good At Capital Allocation

Nextracker: Competitive Pressures Should Compress Margins Over Time

Jun 18

With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Jun 12
With EPS Growth And More, Nextracker (NASDAQ:NXT) Makes An Interesting Case

Nextracker: Rising Star In The Solar Industry

May 16

Nextracker: Multiple Drivers To Aim For A Prosperous Future

Apr 11

Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power

Feb 03

Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably

Jan 14

Earnings and Revenue Growth Forecasts

NasdaqGS:NXT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20284,0806005937598
3/31/20273,66054553355622
3/31/20263,32148645348424
3/31/20252,959509622656N/A
12/31/20242,771558503530N/A
9/27/20242,802484431451N/A
6/28/20242,740408315324N/A
3/31/20242,500306422429N/A
12/31/20232,282102348353N/A
9/29/20232,08561305308N/A
6/30/20231,97822327331N/A
3/31/20231,9021104108N/A
12/31/20221,82462831N/A
9/30/20221,64818-67-63N/A
7/1/20221,51934-116-111N/A
3/31/20221,45851-153-147N/A
12/31/20211,32378-77-71N/A
10/1/20211,290983439N/A
7/2/20211,2411146064N/A
3/31/20211,1961249194N/A
3/31/20201,171118239241N/A
3/31/2019661-2-18-14N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NXT's forecast earnings growth (5.7% per year) is above the savings rate (2.9%).

Earnings vs Market: NXT's earnings (5.7% per year) are forecast to grow slower than the US market (14.3% per year).

High Growth Earnings: NXT's earnings are forecast to grow, but not significantly.

Revenue vs Market: NXT's revenue (9.1% per year) is forecast to grow faster than the US market (8.5% per year).

High Growth Revenue: NXT's revenue (9.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NXT's Return on Equity is forecast to be low in 3 years time (19.9%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/02 03:37
End of Day Share Price 2025/05/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 36 analysts. 24 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Benjamin KalloBaird
Ishan MajumdarBaptista Research
Christine ChoBarclays