Nextracker
About: Nextracker (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. Nextracker has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.
Employees: 277
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 14 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
34% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 74
5.55% more ownership
Funds ownership: 98.24% [Q3] → 103.79% (+5.55%) [Q4]
5% more funds holding
Funds holding: 409 [Q3] → 428 (+19) [Q4]
3% more capital invested
Capital invested by funds: $5.28B [Q3] → $5.46B (+$174M) [Q4]
0% less call options, than puts
Call options by funds: $74.9M | Put options by funds: $75.2M
13% less repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 143
20% less funds holding in top 10
Funds holding in top 10: 10 [Q3] → 8 (-2) [Q4]
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$45
6%
upside
Avg. target
$57
34%
upside
High target
$69
62%
upside
14 analyst ratings
12 positive
86%
2 neutral
14%
0 negative
0%
RBC Capital Christopher Dendrinos 41% 1-year accuracy 7 / 17 met price target | 29%upside $55 | Outperform Initiated | 17 Mar 2025 |
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 84 / 153 met price target | 32%upside $56 | Buy Upgraded | 29 Jan 2025 |
BMO Capital Ameet Thakkar 43% 1-year accuracy 6 / 14 met price target | 18%upside $50 | Market Perform Maintained | 29 Jan 2025 |
Goldman Sachs Brian Lee 35% 1-year accuracy 28 / 80 met price target | 43%upside $61 | Buy Maintained | 29 Jan 2025 |
Guggenheim Joseph Osha 24% 1-year accuracy 10 / 42 met price target | 46%upside $62 | Buy Maintained | 29 Jan 2025 |
Financial journalist opinion
Based on 27 articles about NXT published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Investors Heavily Search Nextracker Inc. (NXT): Here is What You Need to Know
Zacks.com users have recently been watching Nextracker (NXT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Neutral
Accesswire
1 day ago
Bronstein, Gewirtz & Grossman, LLC Is Investigating Nextracker Inc. (NXT) And Encourages Shareholders to Connect
NEW YORK, NY / ACCESS Newswire / April 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT). Investors who purchased Nextracker securities prior to February 1, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NXT.
Positive
Zacks Investment Research
1 day ago
3 Solar Stocks to Watch Amid Poor Residential Installation Trend
U.S. solar stocks are poised for growth on the back of rising installation amid China's dominance in solar panel manufacturing. You may buy ENPH, NXT and TYGO.
Neutral
Accesswire
3 days ago
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Nextracker Inc. (NXT) And Encourages Shareholders to Reach Out
NEW YORK, NY / ACCESS Newswire / March 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT). Investors who purchased Nextracker securities prior to February 1, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NXT.
Negative
Zacks Investment Research
4 days ago
Nextracker (NXT) Increases Despite Market Slip: Here's What You Need to Know
Nextracker (NXT) closed at $43.15 in the latest trading session, marking a +0.94% move from the prior day.
Positive
Zacks Investment Research
5 days ago
Here's Why You Must Add Nextracker Stock to Your Portfolio Now
NXT is a solid pick in the solar space, given its growth prospects, robust ROE, better debt management and strong liquidity.
Neutral
Accesswire
6 days ago
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 / March 27, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT). Investors who purchased Nextracker securities prior to February 1, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NXT.
Positive
Seeking Alpha
6 days ago
Nextracker: Backlog Growth Creates Future Visibility
Strong revenue growth and market expansion potential justify a "Buy" rating for the stock. The company's innovative product lineup and strategic acquisitions enhance its competitive edge. Robust financial health, including solid cash flow and low debt, supports long-term sustainability.
Positive
Invezz
6 days ago
Next joins £1 billion profit club as sales surge; NXT stock jumps 8%
Next has become one of the few British retailers to surpass £1 billion in annual profit, reporting a pre-tax figure of £1.011 billion for the year ending January. This marks a 10.
Neutral
Accesswire
1 week ago
Nextracker Inc. (NXT) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESS Newswire / March 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT). Investors who purchased Nextracker securities prior to February 1, 2024, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/NXT.
Charts implemented using Lightweight Charts™