Nextracker/$NXT
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Nextracker
Nextpower is a leading global provider of solar and energy technology solutions for utility-scale power plants and the world's largest solar tracker supplier. The firm sells integrated solutions, including solar trackers, TrueCapture yield-management software, foundations, electrical balance of systems, power conversion, and energy storage for utility-scale and distributed generation solar projects around the world. Nextpower has offices in the United States, Mexico, Spain, India, Australia, the Middle East, and Brazil and serves customers in more than 40 countries. The US accounted for roughly three-fourths of fiscal 2026 revenue.
- Ticker
- $NXT
- Sector
- Industrials
- Primary listing
- NASDAQ
- Employees
- 1,993
- Headquarters
- Fremont, United States
- Website
- www.nextpower.com
Nextracker Metrics
BasicAdvanced
$12B
19.97
$3.97
1.94
-
Price and volume
Market cap
$12B
Beta
1.94
52-week high
$163.13
52-week low
$75.41
Average daily volume
2.2M
Financial strength
Current ratio
2.227
Quick ratio
1.885
Interest coverage (TTM)
576.93%
Profitability
EBITDA (TTM)
779.615
Gross margin (TTM)
23.13%
Net profit margin (TTM)
15.98%
Operating margin (TTM)
19.26%
Effective tax rate (TTM)
18.76%
Revenue per employee (TTM)
$1,920,000
Management effectiveness
Return on assets (TTM)
11.11%
Return on equity (TTM)
26.46%
Valuation
Price to earnings (TTM)
19.972
Price to revenue (TTM)
3.099
Price to book
4.54
Price to tangible book (TTM)
6.83
Price to free cash flow (TTM)
23.197
Free cash flow yield (TTM)
4.31%
Free cash flow per share (TTM)
3.42
Growth
Revenue change (TTM)
13.67%
Earnings per share change (TTM)
3.09%
3-year revenue growth (CAGR)
22.52%
3-year earnings per share growth (CAGR)
59.47%
What the Analysts think about Nextracker
Analyst ratings (Buy, Hold, Sell) for Nextracker stock.
Analyst projections of the future price of Nextracker stock.
Bulls say / Bears say
Sales momentum is translating into strong forward visibility: Q1 FY27 revenue was a record, backlog topped $5.5 billion, and management raised its FY27 revenue outlook to $4.1–$4.4 billion. (Nextpower)
Growth is extending beyond trackers: Q1 brought record eBOS bookings, more than 850 MW of cumulative PowerMerge bookings and over $300 million of additional backlog from the Prevalon acquisition. (Nextpower)
A strong balance sheet gives Nextpower room to fund expansion and withstand setbacks: it ended Q1 with more than $1.2 billion in cash and no debt. (Nextpower)
New US trade measures could weaken customer economics: Section 232 minimum import prices and tariffs are expected to raise solar costs, which may delay or undermine projects that feed demand for Nextpower’s equipment. (Wood Mackenzie)
Earnings benefit materially from policy-linked manufacturing support: the FY26 filing says 45X credits reduced cost of sales by $379.9 million, leaving margins exposed if those credits are reduced or phase down. (Last10K)
Expansion into power conversion brings near-term cost and execution risk: management included about $50 million of incremental FY27 costs to accelerate the move into that market, before the new business is fully scaled. (Nextpower)
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2026.
Nextracker Financial Performance
Revenues and expenses
Nextracker Earnings Performance
Company profitability
Upcoming events
No upcoming events
Nextracker News
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Funds containing Nextracker
AllUSDEURGBP
Fund name | Fund size | $NXT weighting |
|---|---|---|
iShares Global Clean Energy€IQQH | $3.1B | 7.92% |
iShares Global Clean Energy£INRG | $3.1B | 7.92% |
L&G Clean Energy$RENW | $749M | 1.69% |
L&G Clean Energy£RENG | $749M | 1.69% |
Xtrackers Electrification Technologies & Smart Grid£WIRG | $144M | 0.60% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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