42.87

0.19% +0.08

Pre-market: 43.68 0.81 +1.89%

Nextracker Inc (NXT)

Overview News Price History Option Chain Financials Why NXT Down? Discussions Forecast

Nextracker Inc stock is currently priced at $42.87, with a 24-hour trading volume of 3.09M. It has seen a +0.19% increased in the last 24 hours and a -23.72% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $43.13 pivot point. If it approaches the $42.27 support level, significant changes may occur.

Previous Close:

$42.79

Open:

$42.92

24h Volume:

3.09M

Market Cap:

$5.85B

Revenue:

$2.28B

Net Income/Loss:

$-85.39M

P/E Ratio:

22.23

EPS:

1.9284

Net Cash Flow:

$348.39M

1W Performance:

-2.37%

1M Performance:

-23.72%

6M Performance:

+27.21%

1Y Performance:

+38.87%

1D Range:

$42.50

$44.39

52W Range:

$29.28

$62.14

Nextracker Inc Stock (NXT) Company Profile

Name

Nextracker Inc

Sector

Technology (765)

Industry

Solar (29)

Phone

510 270 2500

Address

6200 Paseo Padre Parkway, Fremont

Employee

513

Twitter

Next Earnings Date

Latest SEC Filings

NXT's Discussions on Twitter

Nextracker Inc Stock (NXT) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Feb-08-24	Initiated	Guggenheim	Buy
Jan-16-24	Initiated	Goldman	Buy
Jan-08-24	Upgrade	Wells Fargo	Equal Weight → Overweight
Dec-19-23	Initiated	Piper Sandler	Overweight
Oct-26-23	Upgrade	Northland Capital	Market Perform → Outperform
Oct-16-23	Initiated	Janney	Buy
Oct-02-23	Initiated	UBS	Buy
Sep-22-23	Initiated	Wolfe Research	Outperform
Sep-18-23	Initiated	Wells Fargo	Equal Weight
Jul-19-23	Resumed	Citigroup	Neutral
Jul-14-23	Initiated	HSBC Securities	Buy
May-16-23	Upgrade	Exane BNP Paribas	Neutral → Outperform
May-01-23	Initiated	Northland Capital	Market Perform
Apr-11-23	Initiated	Johnson Rice	Buy
Mar-29-23	Upgrade	BofA Securities	Neutral → Buy
Mar-22-23	Initiated	Craig Hallum	Buy
Mar-06-23	Initiated	Barclays	Overweight
Mar-06-23	Initiated	BofA Securities	Neutral
Mar-06-23	Initiated	Citigroup	Neutral
Mar-06-23	Initiated	Credit Suisse	Outperform
Mar-06-23	Initiated	Exane BNP Paribas	Outperform
Mar-06-23	Initiated	JP Morgan	Overweight
Mar-06-23	Initiated	KeyBanc Capital Markets	Sector Weight
Mar-06-23	Initiated	Mizuho	Buy
Mar-06-23	Initiated	ROTH MKM	Buy
Mar-06-23	Initiated	Scotiabank	Sector Outperform
Mar-06-23	Initiated	Truist	Buy
Mar-03-23	Initiated	Cantor Fitzgerald	Overweight

View All

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Nextracker Inc Stock (NXT) Financials Data

Nextracker Inc (NXT) Revenue 2024

NXT reported a revenue (TTM) of $2.28 billion for the quarter ending December 31, 2023, a +25.12% rise year-over-year.

Nextracker Inc (NXT) Net Income 2024

NXT net income (TTM) was -$85.39 million for the quarter ending December 31, 2023, a -313.18% decrease year-over-year.

Nextracker Inc (NXT) Cash Flow 2024

NXT recorded a free cash flow (TTM) of $348.39 million for the quarter ending December 31, 2023.

Nextracker Inc (NXT) Earnings per Share 2024

NXT earnings per share (TTM) was $1.67 for the quarter ending December 31, 2023, a +114.24% growth year-over-year.

Nextracker Inc Stock (NXT) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Miller Nicholas Marco	Chief Operating Officer	Apr 02 '24	Sale	52.67	8,355	440,024	11,114
TPG GP A, LLC	10% Owner	Feb 05 '24	Sale	56.60	11,000,000	622,600,000	6,044,918
SHUGAR DANIEL S	Chief Executive Officer	Dec 07 '23	Buy	39.63	37,821	1,498,823	77,713
Schlesinger Leah	GC, Ch Eth & Compl Off'r & Sec	Nov 20 '23	Sale	40.00	2,192	87,680	5,114
TPG GP A, LLC	10% Owner	Jul 03 '23	Sale	35.31	2,518,438	88,935,364	12,760,752

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 operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.