Nextracker/NXT

$44.00

-1.19%
-
1D1W1MYTD1YMAX

About Nextracker

Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. It has operations in the United States, Mexico, Spain, India, Australia, the Middle East and Brazil. Its products include NX Horizon, NX Horizon-XTR, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield.

Ticker

NXT

Sector

Energy

Trading on

NASDAQ

Industry

Semiconductors

CEO

Daniel Shugar

Employees

606

Headquarters

Fremont, United States

Nextracker Metrics

BasicAdvanced
$6.48B
Market cap
175.59
P/E ratio
$0.25
EPS
-
Beta
-
Dividend rate
$6.48B
$62.14
$29.28
3.67M
1.868
1.602
33.701
17.92%
175.591
2.838
18.588
25.12%
-89.28%
17.54%
-79.42%

What the Analysts think about Nextracker

Analyst Ratings

Majority rating from 27 analysts.
Buy

Price Targets

Average projection from 24 analysts.
47.34% upside
High $73.00
Low $55.00
$44.00
Current price
$64.83
Average price target

Nextracker Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
5.81% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$710.4M
23.91%
Net income
$41.3M
5.36%
Profit margin
5.81%
-14.93%

Nextracker Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 99.12%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.38
$0.48
$0.65
$0.96
-
Expected
$0.31
$0.29
$0.36
$0.48
$0.77
Surprise
22.72%
63.62%
79.77%
99.12%
-
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.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Nextracker stock?

Nextracker (NXT) has a market cap of $6.48B as of April 20, 2024.

What is the P/E ratio for Nextracker stock?

The price to earnings (P/E) ratio for Nextracker (NXT) stock is 175.59 as of April 20, 2024.

Does Nextracker stock pay dividends?

No, Nextracker (NXT) stock does not pay dividends to its shareholders as of April 20, 2024.

When is the next Nextracker dividend payment date?

Nextracker (NXT) stock does not pay dividends to its shareholders.

What is the beta indicator for Nextracker?

Nextracker (NXT) does not currently have a Beta indicator.

What is the Nextracker stock price target?

The target price for Nextracker (NXT) stock is $64.83, which is 47.34% above the current price of $44. This is an average based on projections from 24 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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