tradingkey.logo

Nextracker Inc

NXT
99.464USD
+0.914+0.93%
Market hours ETQuotes delayed by 15 min
14.72BMarket Cap
25.55P/E TTM

Nextracker Inc

99.464
+0.914+0.93%
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison
TradingKey Stock Score
Overall Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Peer Comparison

TradingKey Stock Score of Nextracker Inc

Currency: USD Updated: 2025-10-27

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. The company is performing strongly in the stock market, with strong fundamentals and technicals supporting the momentum. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Nextracker Inc's Score

Industry at a Glance

Industry Ranking
1 / 30
Overall Ranking
43 / 4682
Industry
Renewable Energy

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 28 analysts
Buy
Current Rating
97.738
Target Price
-0.55%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Nextracker Inc Highlights

StrengthsRisks
Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. Its products include NX Horizon, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield. It has operations in the United States, Brazil, Mexico, Spain, India, Australia, the Middle East and Brazil.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 55.57% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 2.96B.
Overvalued
The company’s latest PB is 7.34, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 153.55M shares, decreasing 13.81% quarter-over-quarter.
Held by HACAX
Star Investor HACAX holds 69.41K shares of this stock.

Financial Health

Currency: USD Updated: 2025-10-27

The company's current financial score is 8.40, which is higher than the Renewable Energy industry's average of 6.63. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 905.27M, representing a year-over-year increase of 42.43%, while its net profit experienced a year-over-year increase of 27.27%.

Score

Industry at a Glance

Previous score
8.40
Change
0

Financials

10.00

Key Metrics

Cash and cash equivalents
Total assets
Total liabilities
Free cash flow
No Data

Quality of Earnings

7.47

Operational Efficiency

7.81

Growth Potential

9.45

Shareholder Returns

7.29

Nextracker Inc's Company Valuation

Currency: USD Updated: 2025-10-27

The company’s current valuation score is 8.31, which is higher than the Renewable Energy industry's average of 7.77. Its current P/E ratio is 24.96, which is 6748.45% below the recent high of 1709.35 and 2198.64% above the recent low of -523.81.

Score

Industry at a Glance

Previous score
8.31
Change
0

Valuation Dimensions

P/E
P/B
P/S
P/CF
Industry Ranking 1/30
No Data

Earnings Forecast

Currency: USD Updated: 2025-10-27

The company’s current earnings forecast score is 7.86, which is higher than the Renewable Energy industry's average of 7.04. The average price target for Nextracker Inc is 103.00, with a high of 128.00 and a low of 37.45.

Score

Industry at a Glance

Previous score
7.86
Change
0

Support & Resistance

No Data

Analyst Rating

Based on 28 analysts
Buy
Current Rating
97.738
Target Price
-0.55%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

19
Total
11
Median
14
Average
Company name
Ratings
Analysts
Nextracker Inc
NXT
28
First Solar Inc
FSLR
40
Enphase Energy Inc
ENPH
37
Solaredge Technologies Inc
SEDG
32
Array Technologies Inc
ARRY
28
Sunrun Inc
RUN
26
1
2
3
4

Financial Forecasting

EPS
Revenue
Net Profit
EBIT
No Data

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2025-10-27

The company’s current price momentum score is 9.51, which is higher than the Renewable Energy industry's average of 6.75. Sideways: Currently, the stock price is trading between the resistance level at 109.33 and the support level at 80.42, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score
9.49
Change
0.02

Support & Resistance

No Data

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators
Sell(1)
Neutral(1)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
1.654
Buy
RSI(14)
73.692
Buy
STOCH(KDJ)(9,3,3)
76.060
Neutral
ATR(14)
5.050
High Vlolatility
CCI(14)
168.964
Buy
Williams %R
14.069
Overbought
TRIX(12,20)
1.087
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
92.892
Buy
MA10
90.799
Buy
MA20
85.105
Buy
MA50
75.342
Buy
MA100
67.460
Buy
MA200
56.617
Buy

Institutional Confidence

Currency: USD Updated: 2025-10-27

The company’s current institutional recognition score is 10.00, which is higher than the Renewable Energy industry's average of 4.90. The latest institutional shareholding proportion is 103.78%, representing a quarter-over-quarter decrease of 2.32%. The largest institutional shareholder is The Vanguard, holding a total of 13.85M shares, representing 9.36% of shares outstanding, with 2.66% decrease in holdings.

Score

Industry at a Glance

Previous score
10.00
Change
0

Institutional Shareholding

No Data

Shareholder Activity

Name
Shares Held
Chg %
BlackRock Institutional Trust Company, N.A.
17.56M
-1.41%
The Vanguard Group, Inc.
Star Investors
13.85M
+0.85%
PRIMECAP Management Company
Star Investors
7.68M
+1.10%
State Street Investment Management (US)
5.36M
-2.28%
Wellington Management Company, LLP
4.99M
-4.71%
Geode Capital Management, L.L.C.
3.68M
-0.71%
BlackRock Investment Management (UK) Ltd.
3.67M
-1.83%
Fidelity Management & Research Company LLC
2.92M
-25.22%
Encompass Capital Advisors, LLC
2.92M
+11.01%
Key Group Holdings (Cayman), Ltd.
2.64M
+25.19%
1
2

Risk Assessment

Currency: USD Updated: 2025-10-27

The company’s current risk assessment score is 5.96, which is higher than the Renewable Energy industry's average of 3.32. The company's beta value is 0.00. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.

Score

Industry at a Glance

Previous score
5.96
Change
0
Beta vs S&P 500 index
--
VaR
--
240-Day Maximum Drawdown
+26.92%
240-Day Volatility
+64.43%

Return

Best Daily Return
60 days
+12.21%
120 days
+12.21%
5 years
--
Worst Daily Return
60 days
-7.78%
120 days
-9.28%
5 years
--
Sharpe Ratio
60 days
+3.97
120 days
+3.44
5 years
--

Risk Assessment

Maximum Drawdown
240 days
+26.92%
3 years
--
5 years
--
Return-to-Drawdown Ratio
240 days
+5.41
3 years
--
5 years
--
Skewness
240 days
+1.45
3 years
--
5 years
--

Volatility

Realised Volatility
240 days
+64.43%
5 years
--
Standardised True Range
240 days
+2.79%
5 years
--
Downside Risk-Adjusted Return
120 days
+663.53%
240 days
+663.53%
Maximum Daily Upside Volatility
60 days
+47.87%
Maximum Daily Downside Volatility
60 days
+41.18%

Liquidity

Average Turnover Rate
60 days
+1.70%
120 days
+1.65%
5 years
--
Turnover Deviation
20 days
-41.78%
60 days
-40.34%
120 days
-42.27%

Peer Comparison

Renewable Energy
Nextracker Inc
Nextracker Inc
NXT
8.42 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
First Solar Inc
First Solar Inc
FSLR
8.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Array Technologies Inc
Array Technologies Inc
ARRY
7.81 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Ameresco Inc
Ameresco Inc
AMRC
7.54 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Sunrun Inc
Sunrun Inc
RUN
7.38 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Imperial Petroleum Inc
Imperial Petroleum Inc
IMPP
7.34 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
View more
KeyAI