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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 6/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NXT from our risk checks.
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
Solar Innovations And Decisive Acquisitions Fuel Robust Growth And Market Expansion
Nextracker Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$37.56 |
| 52 Week High | US$62.31 |
| 52 Week Low | US$32.14 |
| Beta | 0 |
| 11 Month Change | -8.68% |
| 3 Month Change | -19.88% |
| 1 Year Change | -4.91% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 23.31% |
Recent News & Updates
Getting In Cheap On Nextracker Inc. (NASDAQ:NXT) Is Unlikely
Sep 17
Nextracker: Tracking, Not Buying
Aug 27An Intrinsic Calculation For Nextracker Inc. (NASDAQ:NXT) Suggests It's 24% Undervalued
Aug 09Recent updates
Getting 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's (NASDAQ:NXT) Performance Is Even Better Than Its Earnings Suggest
Feb 07Nextracker: Q3 Earnings, The 'Skeletal System' For Solar Power
Feb 03A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Jan 19Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
Jan 14A Look At The Fair Value Of Nextracker Inc. (NASDAQ:NXT)
Oct 03Shareholder Returns
| NXT | US Electrical | US Market | |
|---|---|---|---|
| 7D | 3.0% | 3.7% | 1.8% |
| 1Y | -4.9% | 21.3% | 31.9% |
Return vs Industry: NXT underperformed the US Electrical industry which returned 21.3% over the past year.
Return vs Market: NXT underperformed the US Market which returned 31.9% over the past year.
Price Volatility
| NXT volatility | |
|---|---|
| NXT Average Weekly Movement | 7.4% |
| Electrical Industry Average Movement | 10.0% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 14.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NXT's share price has been volatile over the past 3 months.
Volatility Over Time: NXT's weekly volatility (7%) 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$5.29b |
| Earnings (TTM) | US$407.51m |
| Revenue (TTM) | US$2.74b |
13.2x
P/E Ratio2.0x
P/S RatioIs NXT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NXT income statement (TTM) | |
|---|---|
| Revenue | US$2.74b |
| Cost of Revenue | US$1.92b |
| Gross Profit | US$815.34m |
| Other Expenses | US$407.83m |
| Earnings | US$407.51m |
Last Reported Earnings
Jun 28, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.84 |
| Gross Margin | 29.75% |
| Net Profit Margin | 14.87% |
| Debt/Equity Ratio | 12.9% |
How did NXT perform over the long term?
See historical performance and comparison