Nextracker (NASDAQ:NXT – Get Free Report) is expected to be issuing its Q4 2025 quarterly earnings data after the market closes on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.98 per share and revenue of $828.59 million for the quarter.
Nextracker Trading Up 8.8%
NASDAQ:NXT opened at $50.63 on Tuesday. Nextracker has a 1 year low of $30.93 and a 1 year high of $62.31. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 12.88 and a beta of 2.03. The business has a fifty day moving average of $42.24 and a 200-day moving average of $41.45. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.96 and a current ratio of 2.20.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on NXT shares. Northland Securities restated an “outperform” rating and issued a $55.00 price objective (up previously from $48.00) on shares of Nextracker in a report on Wednesday, January 29th. Royal Bank of Canada started coverage on Nextracker in a report on Monday, March 17th. They issued an “outperform” rating and a $55.00 price objective for the company. Robert W. Baird cut their price objective on Nextracker from $59.00 to $48.00 and set an “outperform” rating for the company in a report on Tuesday, April 15th. JPMorgan Chase & Co. upped their price objective on Nextracker from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday, January 29th. Finally, Barclays cut their price objective on Nextracker from $60.00 to $58.00 and set an “overweight” rating for the company in a report on Thursday, April 10th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $55.70.
About 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.
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