(NXT) Nextracker Common Stock - Ratings and Ratios
Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65290E1010
NXT: Solar Trackers, Software Solutions
Nextracker Inc., a leader in smart solar tracking solutions, is reshaping how solar energy is harnessed at scale. The company specializes in solar tracker and software solutions designed for utility-scale and distributed generation solar projects. Its products are deployed across the U.S. and international markets, addressing the growing demand for efficient renewable energy systems.
The core of Nextrackers offering lies in its tracking solutions. The NX Horizon solar tracking system is its flagship product, optimized for performance and reliability. Building on this, the NX Horizon-XTR expands the companys reach by tackling challenging terrains—sloped, uneven, and complex landscapes—where traditional trackers often fall short. This innovation significantly broadens the addressable market for solar tracking solutions.
Complementing its hardware, Nextrackers TrueCapture system stands out as a self-adjusting tracker control solution. By dynamically optimizing each tracker row based on site-specific conditions like topography and weather, TrueCapture maximizes energy production. This level of precision is a critical advantage in an industry where small efficiency gains can translate into significant financial returns over time.
NX Navigator serves as the operational backbone for solar power plant owners and operators. This monitoring and control platform provides real-time insights, enabling better decision-making and asset protection. Its a testament to Nextrackers commitment to delivering end-to-end solutions that enhance the overall efficiency and longevity of solar projects.
Founded in 2013 and headquartered in Fremont, California, Nextracker has established itself as a key player in the renewable energy sector. Its spin-off from Flex Ltd. as of March 31, 2024, underscores its independence and strategic focus. With a market capitalization of approximately $6.8 billion, the company operates with a price-to-earnings ratio of 11.34 and a forward P/E of 12.30, signaling its growth potential and market valuation.
Nextrackers financial profile, including a price-to-book ratio of 4.63 and a price-to-sales ratio of 2.42, reflects its position as a high-growth company in the Electrical Components & Equipment industry. Investors and fund managers looking at Nextracker should consider its strong R&D pipeline, customer partnerships, and the accelerating global shift toward renewable energy sources.
Additional Sources for NXT Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NXT Stock Overview
Market Cap in USD | 6,131m |
Sector | Technology |
Industry | Solar |
GiC Sub-Industry | Electrical Components & Equipment |
IPO / Inception | 2023-02-09 |
NXT Stock Ratings
Growth 5y | 16.7% |
Fundamental | 77.7% |
Dividend | 0.0% |
Rel. Strength Industry | -31.4 |
Analysts | 4.23/5 |
Fair Price Momentum | 39.75 USD |
Fair Price DCF | 57.44 USD |
NXT Dividends
No Dividends PaidNXT Growth Ratios
Growth Correlation 3m | 67.2% |
Growth Correlation 12m | -42.7% |
Growth Correlation 5y | 35.1% |
CAGR 5y | 19.35% |
CAGR/Max DD 5y | 0.40 |
Sharpe Ratio 12m | -1.78 |
Alpha | -33.12 |
Beta | 0.89 |
Volatility | 56.65% |
Current Volume | 345.9k |
Average Volume 20d | 3.4k |
As of March 16, 2025, the stock is trading at USD 44.19 with a total of 345,925 shares traded.
Over the past week, the price has changed by +5.28%, over one month by -6.99%, over three months by +24.69% and over the past year by -25.22%.
Yes, based on ValueRay Fundamental Analyses, Nextracker Common Stock (NASDAQ:NXT) is currently (March 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 77.69 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NXT as of March 2025 is 39.75. This means that NXT is currently overvalued and has a potential downside of -10.05%.
Nextracker Common Stock has received a consensus analysts rating of 4.23. Therefor, it is recommend to buy NXT.
- Strong Buy: 16
- Buy: 6
- Hold: 7
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, NXT Nextracker Common Stock will be worth about 44.3 in March 2026. The stock is currently trading at 44.19. This means that the stock has a potential upside of +0.14%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 55.2 | 25% |
Analysts Target Price | 52.3 | 18.3% |
ValueRay Target Price | 44.3 | 0.1% |