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NextrackerNASDAQ: NXT

Profile

Sector:

Technology

Industry:

Solar

Country:

United States

IPO:

09 February 2023

Next earnings report:

31 January 2025

Last dividends:

N/A

Next dividends:

N/A
$5.55 B
-36%vs. 3y high
75%vs. sector
-77%vs. 3y high
7%vs. sector
-73%vs. 3y high
67%vs. sector
-46%vs. 3y high
43%vs. sector

Price

after hours | Sat, 23 Nov 2024 00:15:13 GMT
$38.67+$1.27(+3.40%)

Dividend

No data over the past 3 years
$635.57 M$654.90 M
$635.57 M$115.39 M

Analysts recommendations

Institutional Ownership

NXT Latest News

Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
zacks.com15 November 2024 Sentiment: POSITIVE

Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

NXT Announces Receipt of Final Tranche of Convertible Debenture Offering
accesswire.com12 November 2024 Sentiment: POSITIVE

CALGARY, AB / ACCESSWIRE / November 12, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has completed the final tranche of a planned private placement of an aggregate principal amount of US$900,000 (approximately CDN$1,252,170) of convertible debentures (the "2024 Debentures") to Ataraxia Capital ("Ataraxia"), in the amount of US$400,000, (approximately CDN$556,520), pursuant to the terms of the subscription agreement signed between Ataraxia and NXT in 2023 (the "2024 Debenture Placement"). The Toronto Stock Exchange (the "TSX") has provided conditional approval of the final phase of this 2023 agreement.

Nextracker: Tracking Well On Quality Metrics
seekingalpha.com11 November 2024 Sentiment: POSITIVE

Nextracker boasts strong fundamentals, including high profit margins, double-digit revenue growth, and a solid balance sheet, making it a high-quality investment. The company's differentiated solar tracking products, like NX Horizon, drive market dominance and are suitable for diverse geological conditions, enhancing energy output and reducing costs. Financially, Nextracker shows impressive growth with increased profit margins, strong liquidity, and consistent positive free cash flow, despite increased R&D spending and some debt.

NXT Energy Solutions Announces Third Quarter 2024 Results
accesswire.com07 November 2024 Sentiment: NEUTRAL

CALGARY, AB / ACCESSWIRE / November 7, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) today announced the Company's financial and operating results for the quarter ended September 30, 2024. All dollar amounts herein are in Canadian Dollars, unless otherwise identified.

Wall Street Analysts Think Nextracker (NXT) Could Surge 36.15%: Read This Before Placing a Bet
zacks.com07 November 2024 Sentiment: POSITIVE

The mean of analysts' price targets for Nextracker (NXT) points to a 36.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

NXT Announces US$0.5 Million Convertible Debenture
accesswire.com01 November 2024 Sentiment: POSITIVE

CALGARY, AB / ACCESSWIRE / November 1, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has received the first tranche of a planned US$900,000 (approximately CDN$1,252,080) convertible debenture (the "Debentures") from Ataraxia Capital ("Ataraxia") for the principal amount of US$500,000, (approximately CDN$,695,600), pursuant to the terms of the subscription agreement signed between Ataraxia and NXT in 2023. The Toronto Stock Exchange (the "TSX") has provided conditional approval of the final phase of this 2023 agreement.

Nextracker (NXT) Q2 Earnings and Revenues Top Estimates
zacks.com30 October 2024 Sentiment: POSITIVE

Nextracker (NXT) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.65 per share a year ago.

Nextracker Releases Inaugural Sustainability Report
businesswire.com29 October 2024 Sentiment: POSITIVE

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) today released its inaugural Sustainability Report for 2024. This report outlines Nextracker's progress in building a comprehensive ESG program and strategy. The report also reflects the Company's commitment to sustainability, highlighting key milestones such as the completion of its first materiality assessment. “Our inaugural Sustainability Report is a significant milestone that reflects our commitment to ambitious ESG standards, furt.

Nextracker: Market Leadership And Growth Prospects Make It A Buy
seekingalpha.com24 October 2024 Sentiment: POSITIVE

Nextracker is a top long-term solar investment, expected to generate a 25% return over the next 12 months due to renewable energy expansion. As a leader in intelligent solar tracker solutions, Nextracker's robust product offerings and international projects highlight its growth potential. Financially strong, Nextracker's valuation is appealing with high demand, expanded manufacturing, and favorable government incentives boosting profitability.

NXT Energy Solutions to Present at the LD Micro Main Event XVII
accesswire.com18 October 2024 Sentiment: POSITIVE

CALGARY, AB / ACCESSWIRE / October 18, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) today announced that Bruce G. Wilcox, NXT's CEO, will be presenting at the 17th Annual LD Micro Main Event at the Luxe Sunset Boulevard Hotel on Tuesday, October 29, 2024, at 9:00 am PDT/12:00 pm EDT.

What type of business is Nextracker?

Nextracker Inc., an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.

What sector is Nextracker in?

Nextracker is in the Technology sector

What industry is Nextracker in?

Nextracker is in the Solar industry

What country is Nextracker from?

Nextracker is headquartered in United States

When did Nextracker go public?

Nextracker initial public offering (IPO) was on 09 February 2023

What is Nextracker website?

https://www.nextracker.com

Is Nextracker in the S&P 500?

No, Nextracker is not included in the S&P 500 index

Is Nextracker in the NASDAQ 100?

No, Nextracker is not included in the NASDAQ 100 index

Is Nextracker in the Dow Jones?

No, Nextracker is not included in the Dow Jones index

When was Nextracker the previous earnings report?

No data

When does Nextracker earnings report?

The next expected earnings date for Nextracker is 31 January 2025