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 6,823 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
46% more repeat investments, than reductions
Existing positions increased: 167 | Existing positions reduced: 114
25% more funds holding in top 10
Funds holding in top 10: 8 [Q2] → 10 (+2) [Q3]
9% more call options, than puts
Call options by funds: $95.3M | Put options by funds: $87.1M
3.24% less ownership
Funds ownership: 101.32% [Q2] → 98.08% (-3.24%) [Q3]
7% less funds holding
Funds holding: 440 [Q2] → 408 (-32) [Q3]
22% less capital invested
Capital invested by funds: $6.78B [Q2] → $5.27B (-$1.51B) [Q3]
26% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 95
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$41
7%
downside
Avg. target
$52
17%
upside
High target
$69
56%
upside
10 analyst ratings
8 positive
80%
2 neutral
20%
0 negative
0%
Wells Fargo Praneeth Satish 54% 1-year accuracy 7 / 13 met price target | 56%upside $69 | Overweight Maintained | 8 Jan 2025 |
Citigroup Ryan Levine 67% 1-year accuracy 4 / 6 met price target | 2%upside $45 | Neutral Maintained | 8 Jan 2025 |
TD Cowen Jeff Osborne 75% 1-year accuracy 3 / 4 met price target | 7%downside $41 | Hold Initiated | 19 Dec 2024 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 82 met price target | 22%upside $54 | Buy Maintained | 17 Dec 2024 |
Guggenheim Joseph Osha 49% 1-year accuracy 18 / 37 met price target | 24%upside $55 | Buy Reiterated | 22 Nov 2024 |
Financial journalist opinion
Based on 316 articles about NXT published over the past 30 days
Neutral
Accesswire
2 hours ago
Levi & Korsinsky Notifies Shareholders of Nextracker Inc. (NXT) of a Class Action Lawsuit and an Upcoming Deadline
NEW YORK, NY / ACCESS Newswire / January 20, 2025 / If you suffered a loss on your Nextracker Inc. (NASDAQ:NXT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/nextracker-inc-lawsuit-submission-form?prid=123938&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
4 hours ago
ROSEN, LEADING INVESTOR COUNSEL, Encourages Nextracker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NXT
NEW YORK CITY, NY / ACCESS Newswire / January 20, 2025 / WHY: New York, N.Y., January 20, 2025.
Neutral
Accesswire
5 hours ago
Levi & Korsinsky Notifies Nextracker Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - NXT
NEW YORK CITY, NY / ACCESS Newswire / January 20, 2025 / If you suffered a loss on your Nextracker Inc. (NASDAQ:NXT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/nextracker-inc-lawsuit-submission-form?prid=123908&wire=1 or contact Joseph E. Levi, Esq.
Neutral
PRNewsWire
5 hours ago
NXT Investors Have Opportunity to Lead Nextracker Inc. Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES , Jan. 20, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ: NXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 1, 2024 and August 1, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 25, 2025.
Neutral
Accesswire
6 hours ago
The Schall Law Firm Invites Shareholders With Losses To Join A Securities Fraud Case Against Nextracker Inc.
LOS ANGELES, CA / ACCESS Newswire / January 20, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 1, 2024 and August 1, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 25, 2025.
Neutral
Accesswire
7 hours ago
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 25, 2025 in Nextracker Lawsuit - NXT
NEW YORK, NY / ACCESS Newswire / January 20, 2025 / If you suffered a loss on your Nextracker Inc. (NASDAQ:NXT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/nextracker-inc-lawsuit-submission-form?prid=123812&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
9 hours ago
Levi & Korsinsky Reminds Nextracker Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 25, 2025 - NXT
NEW YORK, NY / ACCESSNEWSWIRE / January 20, 2025 / If you suffered a loss on your Nextracker Inc. (NASDAQ:NXT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/nextracker-inc-lawsuit-submission-form?prid=123787&wire=1 or contact Joseph E. Levi, Esq.
Neutral
Accesswire
9 hours ago
NXT SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Nextracker Inc. Stockholders with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
NEW YORK CITY, NY / ACCESS Newswire / January 20, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Nextracker Inc. ("Nextracker" or "the Company") (NASDAQ:NXT) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Nextracker securities between February 1, 2024 and August 1, 2024, both dates inclusive (the "Class Period").
Neutral
PRNewsWire
11 hours ago
Investors who lost money on Nextracker Inc.(NXT) should contact The Gross Law Firm about pending Class Action - NXT
NEW YORK , Jan. 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Nextracker Inc. (NASDAQ: NXT). Shareholders who purchased shares of NXT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.
Neutral
Accesswire
19 hours ago
Nextracker Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before February 25, 2025 to Discuss Your Rights - NXT
NEW YORK, NY / ACCESS Newswire / January 19, 2025 / If you suffered a loss on your Nextracker Inc. (NASDAQ:NXT) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/nextracker-inc-lawsuit-submission-form?prid=123752&wire=1 or contact Joseph E. Levi, Esq.
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