Energy -
Solar - NASDAQ - US
$ 51.57
1.86 %
$ 7.41 B
Market Cap
12.89
P/E
1. INTRINSIC VALUE
Balance Sheet
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 | -18.9 M |
| PP&E | 9.24 M |
| Other Non-Current Assets | 760 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
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 $60.4 , with forecasts ranging from
a
low of
$46 to a high of $71 .
NXT Lowest Price Target
Wall Street Target
46 USD
-10.80%
NXT Average Price Target
Wall Street Target
60.4 USD
17.12%
NXT Highest Price Target
Wall Street Target
71 USD
37.68%
4. DIVIDEND
ANALYSIS
NXT does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Nextracker Inc.
Sold
0-3 MONTHS
273 K USD 1
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
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Jan 16, 2025
|
Sell 273 K
USD
|
Wenger Howard
President
|
- 6066
|
45 USD |
|
11 months ago
Feb 05, 2024
|
Sell 623 M
USD
|
TPG GP A, LLC
10 percent owner
|
- 11000000
|
56.6 USD |
|
1 year ago
Dec 07, 2023
|
Bought
96.5 K USD
|
SHUGAR DANIEL S
Chief Executive Officer
|
+ 2400
|
40.19 USD |
|
1 year 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
Levi & Korsinsky Reminds Nextracker Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 25, 2025 – NXT
NEW YORK, NY / ACCESSWIRE / January 21, 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=124275&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 1 week ago
NEXTRACKER SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Nextracker Inc. – NXT
NEW ORLEANS, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until February 25, 2025 to file lead plaintiff applications in a securities class action lawsuit against Nextracker Inc. (the “Company”) (NasdaqGS: NXT), if they purchased the Company's shares between February 1, 2024 and August 1, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.
globenewswire.com
- 1 week ago
February 25, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against NXT
NEW YORK, NY / ACCESS Newswire / January 21, 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=124240&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 1 week ago
NXT Investors Have Opportunity to Lead Nextracker, Inc. Securities Fraud Lawsuit
NEW YORK , Jan. 21, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Nextracker Inc. (NASDAQ: NXT) between February 1, 2024 and August 1, 2024, both dates inclusive (the "Class Period"), of the important February 25, 2025 lead plaintiff deadline. So what: If you purchased Nextracker common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
prnewswire.com
- 1 week ago
Shareholders that lost money on Nextracker Inc.(NXT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More
NEW YORK, NY / ACCESS Newswire / January 21, 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=124195&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 1 week ago
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Nextracker Inc. of Class Action Lawsuit and Upcoming Deadlines - NXT
NEW YORK , Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Nextracker Inc. ("Nextracker" or the "Company") (NASDAQ: NXT). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
prnewswire.com
- 1 week ago
ROSEN, A LEADING LAW FIRM, Encourages Nextracker, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NXT
NEW YORK, NY / ACCESS Newswire / January 21, 2025 / WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Nextracker Inc. (NASDAQ:NXT) between February 1, 2024 and August 1, 2024, both dates inclusive (the "Class Period"), of the important February 25, 2025 lead plaintiff deadline. SO WHAT: If you purchased Nextracker common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
accessnewswire.com
- 1 week ago
Class Action Filed Against Nextracker Inc. (NXT) - February 25, 2025 Deadline to Join – Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / January 21, 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=124185&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 1 week ago
Nextracker Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before February 25, 2025 to Discuss Your Rights - NXT
NEW YORK, NY / ACCESS Newswire / January 21, 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=124137&wire=1 or contact Joseph E. Levi, Esq.
accessnewswire.com
- 1 week ago
Shareholders of Nextracker Inc. Should Contact The Gross Law Firm Before February 25, 2025 to Discuss Your Rights – NXT
NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Nextracker Inc. (NASDAQ: NXT).
globenewswire.com
- 1 week ago
Nextracker Inc. Is Being Sued For Securities Law Violations And Impacted Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / January 21, 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.
accessnewswire.com
- 1 week ago
Nextracker (NXT) Expected to Beat Earnings Estimates: Should You Buy?
Nextracker (NXT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 week ago
8. Profile
Summary
Nextracker Inc. NXT
COUNTRY
US
INDUSTRY
Solar
MARKET CAP
$ 7.41 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
Ms. Mary Lai
Vice President of IR & Financial Communications
Mr. Daniel S. Shugar
Co-Founder, Chief Executive Officer & Director
Mr. Howard J. Wenger
Director & President
Mr. Nicholas Miller
Co-Founder & Chief Operating Officer
Mr. David P. Bennett
Chief Accounting Officer
Mr. Bruce R. Ledesma
Chief Legal & Compliance Officer
Mr. Marco Garcia
Co-Founder & Chief Commercial Officer
Mr. Alex Au
Co-Founder & Chief Technology Officer
Mr. Mike Mehawich
Co-Founder & Chief Strategy Officer
Mr. Charles D. Boynton
Chief Financial Officer