Nextracker Inc. (NXT)

NASDAQ: NXT · Real-Time Price · USD
63.94
-2.51 (-3.78%)
At close: Jul 8, 2025, 4:00 PM
64.01
+0.07 (0.11%)
After-hours: Jul 8, 2025, 7:55 PM EDT
-3.78%
Market Cap 9.45B
Revenue (ttm) 2.96B
Net Income (ttm) 509.17M
Shares Out 147.83M
EPS (ttm) 3.47
PE Ratio 18.45
Forward PE 16.45
Dividend n/a
Ex-Dividend Date n/a
Volume 3,090,366
Open 65.16
Previous Close 66.45
Day's Range 62.72 - 65.86
52-Week Range 30.93 - 67.87
Beta 2.25
Analysts Buy
Price Target 60.85 (-4.83%)
Earnings Date Jul 31, 2025

About NXT

Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced ... [Read more]

Industry Solar
Sector Technology
IPO Date Feb 9, 2023
Employees 1,300
Stock Exchange NASDAQ
Ticker Symbol NXT
Full Company Profile

Financial Performance

In 2024, Nextracker's revenue was $2.96 billion, an increase of 18.38% compared to the previous year's $2.50 billion. Earnings were $509.17 million, an increase of 66.26%.

Financial Statements

Analyst Summary

According to 20 analysts, the average rating for NXT stock is "Buy." The 12-month stock price target is $60.85, which is a decrease of -4.83% from the latest price.

Price Target
$60.85
(-4.83% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Clean energy stocks jump after tax on solar and wind projects is removed from Trump's big bill

Shares of renewable energy companies are rising after a tax on solar and wind was removed from the Senate version of the One Big Beautiful Bill Act. The Senate narrowly passed the legislation Tuesday ...

Other symbols: ARRYENPHFSLRRUNSEDG
7 days ago - CNBC

Trump's big bill threatens to raise taxes on clean energy industry by up to $7 billion, trade group says

Wind and solar projects that enter service after 2027 and exceed certain thresholds for Chinese components could see higher taxes, boosting the industry's burden by an estimated $4 billion to $7 billi...

Other symbols: ARRYENPHNEE
8 days ago - CNBC

Renewable energy stocks fall as Trump bill taxes Chinese components

Renewable energy shares fell on Monday as US President Donald Trump's new bill cuts incentives and adds taxes for companies. In the bill, the US government will add a tax on solar and wind projects th...

Other symbols: ARRYENPHNEE
8 days ago - Invezz

Solar stocks fall as Trump bill taxes components from China, phases out credits

The Senate is voting on a version of President Donald Trump's spending legislation that would slam the solar and wind industries. The legislation is close to a worst case scenario for renewable energy...

8 days ago - CNBC

The Big 3: NXT, ANET, SYK

Today's trading action added confidence to Dan Deming's perception on the markets, noting widening market breadth as a healthy sign for price action. On individual stocks, he sees growth opportunities...

Other symbols: ANETSYK
12 days ago - Schwab Network

IonQ ($IONQ) | Nextracker ($NXT) | MARA Holdings ($MARA) | QuantumScape ($QS)

Welcome to the Green Stock News brief for Wednesday June 25th. Here are today's top headlines: IonQ (NYSE: IONQ) has achieved the first known quantum computer simulation of double-beta decay, a rare n...

Other symbols: IONQMARAQS
13 days ago - Green Stock News

Nextracker Selected for Landmark European Solar Power Project

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, today announced that its NX Horizon™ solar trackers will power one of Europe's largest s...

13 days ago - Business Wire

Nextracker Remains Attractive As Demand Momentum Continues To Be Strong

Nextracker continues to capitalize on robust global demand, with strong international momentum and differentiated products resonating with clients' needs in challenging environments. NXT is widening i...

14 days ago - Seeking Alpha

Nextracker Expands Board of Directors

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, announced it has appointed Monica Karuturi, Mark Menezes, and Jeffrey Guldner to its Boa...

20 days ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Investors to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / June 17, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

21 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / June 15, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

23 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Nextracker Inc. (NXT) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / June 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

26 days ago - Accesswire

Nextracker Inc. (NXT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / June 10, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (N...

4 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Nextracker Inc. (NXT) Shareholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESS Newswire / June 8, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

4 weeks ago - Accesswire

Nextracker: Leading The Solar Boom With Advanced Technology Solutions

Nextracker is a solar tracker industry leader with 23% market share, strong financials, and consistent revenue and profit growth. The company benefits from robust industry tailwinds, global clean ener...

4 weeks ago - Seeking Alpha

Record $3.3 Trillion Global Energy Investment: Which Solar Stocks Could Soak Up The Sun?

The world is about to drop a record $3.3 trillion into energy in 2025 – and solar is stealing the spotlight. According to the latest IEA report, solar PV is attracting more capital than any other ener...

Other symbols: ARRYENPHFSLRSEDGVVPR
4 weeks ago - Benzinga

Bronstein, Gewirtz & Grossman, LLC Is Investigating Nextracker Inc. (NXT) And Encourages Shareholders to Connect

NEW YORK, NY / ACCESS Newswire / June 5, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

4 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Shareholders to Reach Out

NEW YORK, NY / ACCESS Newswire / June 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

5 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Nextracker Inc. (NXT) and Encourages Shareholders to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / June 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

5 weeks ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Nextracker Inc. (NXT) and Encourages Investors to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

5 weeks ago - Accesswire

Nextracker Inc. (NXT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / May 27, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

6 weeks ago - Accesswire

Nextracker Achieves 10 GW Solar Tracker Milestone in India

HYDERABAD, India--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global leader in advanced solar energy solutions, today announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in...

6 weeks ago - Business Wire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Nextracker Inc. (NXT) And Encourages Investors to Connect

NEW YORK, NY / ACCESS Newswire / May 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

6 weeks ago - Accesswire

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

Regulatory risks from possible changes to the Inflation Reduction Act (IRA) and increased tariffs on solar panels create investor pessimism around Nextracker and the broader solar industry. Nextracker...

6 weeks ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Encourages Nextracker Inc. (NXT) Stockholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESS Newswire / May 22, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:...

6 weeks ago - Accesswire