Energy - Solar - NASDAQ - US
$ 36.8
-7.44 %
$ 5.29 B
Market Cap
8.62
P/E
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.[ Read More ]
The intrinsic value of one NXT stock under the base case scenario is HIDDEN Compared to the current market price of 36.8 USD, Nextracker Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NXT
FINANCIALS
2.5 B
REVENUE
587 M
OPERATING INCOME
306 M
NET INCOME
429 M
OPERATING CASH FLOW
-6.66 M
INVESTING CASH FLOW
-78.3 M
FINANCING CASH FLOW
636 M
REVENUE
133 M
OPERATING INCOME
115 M
NET INCOME
157 M
OPERATING CASH FLOW
-46.5 M
INVESTING CASH FLOW
-17.3 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Nextracker Inc.
| Current Assets | 1.77 B |
| Cash & Short-Term Investments | 474 M |
| Receivables | 780 M |
| Other Current Assets | 514 M |
| Non-Current Assets | 751 M |
| Long-Term Investments | 0 |
| PP&E | 9.24 M |
| Other Non-Current Assets | 741 M |
| Current Liabilities | 891 M |
| Accounts Payable | 457 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 435 M |
| Non-Current Liabilities | 635 M |
| Long-Term Debt | 144 M |
| Other Non-Current Liabilities | 491 M |
EFFICIENCY
Earnings Waterfall
Nextracker Inc.
| Revenue | 2.5 B |
| Cost Of Revenue | 1.69 B |
| Gross Profit | 813 M |
| Operating Expenses | 226 M |
| Operating Income | 587 M |
| Other Expenses | 281 M |
| Net Income | 306 M |
RATIOS
32.52%
GROSS MARGIN
23.49%
OPERATING MARGIN
12.25%
NET MARGIN
31.87%
ROE
12.16%
ROA
43.37%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Nextracker Inc.
| Net Income | 306 M |
| Depreciation & Amortization | 4.36 M |
| Capital Expenditures | -6.66 M |
| Stock-Based Compensation | 56.8 M |
| Change in Working Capital | -71.6 M |
| Others | 29.1 M |
| Free Cash Flow | 422 M |
Wall Street Analysts Price Targets
Nextracker Inc.
Wall Street analysts predict an average 1-year price target for NXT of $64.9 , with forecasts ranging from a low of $46 to a high of $141 .
NXT Lowest Price Target
Wall Street Target
46 USD
25.00%
NXT Average Price Target
Wall Street Target
64.9 USD
76.47%
NXT Highest Price Target
Wall Street Target
141 USD
283.15%
4. DIVIDEND ANALYSIS
0.00%
DIVIDEND YIELD
0 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Nextracker Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
623 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
1.5 M USD 1
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
9 months ago
Feb 05, 2024
|
Sell 623 M USD
|
TPG GP A, LLC
10 percent owner |
- 11000000
|
56.6 USD |
|
11 months ago
Dec 07, 2023
|
Bought 96.5 K USD
|
SHUGAR DANIEL S
Chief Executive Officer |
+ 2400
|
40.19 USD |
|
11 months ago
Dec 07, 2023
|
Bought 1.4 M USD
|
SHUGAR DANIEL S
Chief Executive Officer |
+ 35421
|
39.5914 USD |
|
1 year ago
Jul 03, 2023
|
Sell 88.9 M USD
|
TPG GP A, LLC
10 percent owner |
- 2518438
|
35.3137 USD |
7. News
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
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.
zacks.com
- 2 days ago
3 Solar Stocks at Bargain Prices: Big Opportunities Ahead
After the United States presidential election results were released for the entire market to see, certain stocks behaved in ways that let all investors know where the next opportunity set might be. While the bulk of the bullish price action centered around the industrial and manufacturing sectors, other stocks experienced sharp sell-offs.
marketbeat.com
- 4 days ago
NXT Announces Receipt of Final Tranche of Convertible Debenture Offering
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.
accesswire.com
- 4 days ago
Nextracker: Tracking Well On Quality Metrics
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.
seekingalpha.com
- 5 days ago
Nextracker Inc. Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
SAN DIEGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Nextracker Inc. (NASDAQ: NXT), any of its executive officers, or others violated securities laws by misrepresenting or failing to timely disclose material adverse to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
globenewswire.com
- 1 week ago
NXT Energy Solutions Announces Third Quarter 2024 Results
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.
accesswire.com
- 1 week ago
Wall Street Analysts Think Nextracker (NXT) Could Surge 36.15%: Read This Before Placing a Bet
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.
zacks.com
- 1 week ago
Bet on 5 Top-Ranked Stocks With Rising P/E
Tap five stocks with increasing P/E ratios to try an an out-of-the-box approach. These stocks include American Eagle Outfitters (AEO), Groupon (GRPN), Nextracker Inc. (NXT), ESS Tech (GWH) and Virgin Galactic (SPCE).
zacks.com
- 1 week ago
Nextracker Inc. (NXT) Is a Trending Stock: Facts to Know Before Betting on It
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.
zacks.com
- 1 week ago
Is It Worth Investing in Nextracker (NXT) Based on Wall Street's Bullish Views?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
zacks.com
- 2 weeks ago
NXT Announces US$0.5 Million Convertible Debenture
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.
accesswire.com
- 2 weeks ago
Nextracker Inc. (NXT) Q2 2025 Earnings Call Transcript
Nextracker Inc. (NASDAQ:NXT ) Q2 2025 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Mary Lai - Vice President, Investor Relations Dan Shugar - Founder & Chief Executive Officer Howard Wenger - President Chuck Boynton - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Praneeth Satish - Wells Fargo Mark Strouse - JPMorgan Dimple Gosai - Bank of America Christine Cho - Barclays Brian Lee - Goldman Sachs Dylan Nassano - Wolfe Research Maheep Mandloi - Mizuho Joseph Osha - Guggenheim Partners Jonathan Kees - Daiwa Capital Markets Kashy Harrison - Piper Sandler Jon Windham - UBS Ben Kallo - Baird Jordan Levy - Truist Julien Dumoulin-Smith - Jefferies Operator Good afternoon, everyone, and thank you for standing by. My name is Sierra, and I will be your conference operator today.
seekingalpha.com
- 2 weeks ago
8. Profile Summary
Nextracker Inc. NXT
COUNTRY
US
INDUSTRY
Solar
MARKET CAP
$ 5.29 B
Dividend Yield
0.00%
Description
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.
Contact
6200 Paseo Padre Parkway, Fremont, CA, 94555
https://www.nextracker.com
IPO Date
Feb. 9, 2023
Employees
1050
Officers
Mr. Marco Garcia
Co-Founder & Chief Commercial Officer
Mr. Mike Mehawich
Co-Founder & Chief Strategy Officer
Mr. Nicholas Miller
Co-Founder & Chief Operating Officer
Mr. Charles D. Boynton
Chief Financial Officer
Ms. Mary Lai
Vice President of IR & Financial Communications
Mr. Howard J. Wenger
Director & President
Mr. Daniel S. Shugar
Co-Founder, Chief Executive Officer & Director
Mr. Alex Au
Co-Founder & Chief Technology Officer
Mr. David P. Bennett
Chief Accounting Officer
Mr. Bruce R. Ledesma
President of Strategy, Software & Administration