Nextracker Inc. (NXT)

NASDAQ: NXT · IEX Real-Time Price · USD
-0.52 (-1.79%)
At close: Mar 20, 2023, 4:00 PM
-0.55 (-1.93%)
Pre-market: Mar 21, 2023, 4:00 AM EDT
Market Cap 3.40B
Revenue (ttm) 1.63B
Net Income (ttm) 80.95M
Shares Out 119.05M
EPS (ttm) 0.68
PE Ratio 41.98
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,236,054
Open 29.12
Previous Close 29.07
Day's Range 28.49 - 29.52
52-Week Range 28.49 - 34.84
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a

About NXT

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon " XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operation... [Read more]

Industry Solar
Sector Technology
IPO Date Feb 9, 2023
Employees 513
Stock Exchange NASDAQ
Ticker Symbol NXT
Full Company Profile

Financial Performance

In 2022, Nextracker's revenue was $1.46 billion, an increase of 21.91% compared to the previous year's $1.20 billion. Earnings were $50.91 million, a decrease of -59.06%.

Financial Statements


European Renewable Energy Developer IbVogt Chooses Nextracker's Terrain-Following Solar Tracker

MADRID--(BUSINESS WIRE)-- #NXHorizonXTR--Nextracker Inc. (NASDAQ: NXT) secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR), demonstrating demand for tracking tec...

1 week ago - Business Wire

Solar Tech-Services; Nextracker Should Be On Your Radar

Nextracker (NASDAQ: NXT) IPOd only a few weeks ago but is already building momentum for a sustained rally. The company provides equipment, software, and services for the solar industry and is a high-d...

2 weeks ago - MarketBeat

NXT Stock Alert: 5 Things to Know as Nextracker Starts Trading

Nextracker (NASDAQ: NXT) has officially begun trading and it's enjoying an impressive start. Since debuting on the Nasdaq this morning, the solar tracking innovator has made a lot of progress.

1 month ago - InvestorPlace

IPOs ride stock-market surge with debuts from Nextracker, Hesai Group and others

Two initial public offerings underwritten by major investment banks added shares ahead of their trading debuts on Thursday, as the new-issues market taps into strong gains by the broad equities market...

Other symbols: HSAI
1 month ago - Market Watch

Nextracker prices IPO above range for Thursday debut

Flex Ltd. FLEX, -1.23% said Thursday its solar tracker software maker unit Nextracker Inc. NXT, increased the size of its initial public offering to 26.6 million shares from 23.26 million shares and p...

1 month ago - Market Watch

Solar tech firm Nextracker raises $638 mln in upsized U.S. IPO

Solar technology firm Nextracker raised $638 million in its U.S. IPO, pricing it slightly higher than its indicated target range, parent company Flex Ltd said in a statement on Wednesday, adding that ...

1 month ago - Reuters

Solar tech company Nextracker expected to price at upper end of range in good sign for IPO market

The Nextracker initial public offering, which had sought to raise up to $535 million, will likely be the biggest U.S. listing since October.

1 month ago - CNBC

Nextracker Announces Launch of Initial Public Offering

Flex Ltd. (NASDAQ: FLEX) announced today that its subsidiary, Nextracker Inc., has launched the roadshow for its initial public offering of 23,255,814 shares of its Class A common stock...

1 month ago - PRNewswire

Nextracker Files Registration Statement for Proposed Initial Public Offering

SAN JOSE, Calif., Jan. 13, 2023 /PRNewswire/ -- Flex Ltd. (NASDAQ: FLEX) announced today that its subsidiary, Nextracker Inc., has publicly filed a registration statement on Form S-1 with the U.S. Sec...

2 months ago - PRNewswire

Nextracker IPO Registration Document (S-1)

Nextracker has filed to go public with an IPO on the Nasdaq.

2 months ago - SEC