(NXT) Nextracker Common Stock - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65290E1010

Stock: Solar Tracker, Terrain Tracker, Energy Yield, Foundation System, Monitoring

Total Rating 75
Risk 71
Buy Signal 1.29

EPS (Earnings per Share)

EPS (Earnings per Share) of NXT over the last years for every Quarter: "2020-12": null, "2021-03": null, "2021-06": null, "2021-09": 0.11, "2021-12": null, "2022-03": null, "2022-06": 0.17, "2022-09": null, "2022-12": 0.09, "2023-03": 0.2, "2023-06": 0.48, "2023-09": 0.65, "2023-12": 0.96, "2024-03": 0.96, "2024-06": 0.93, "2024-09": 0.97, "2024-12": 1.03, "2025-03": 1.29, "2025-06": 1.16, "2025-09": 1.19, "2025-12": 1.1,

Revenue

Revenue of NXT over the last years for every Quarter: 2020-12: 304.828, 2021-03: 304.828, 2021-06: 341.473, 2021-09: 338.699, 2021-12: 337.607, 2022-03: 439.813, 2022-06: 403.23, 2022-09: 467.142, 2022-12: 513.37, 2023-03: 518.395, 2023-06: 479.543, 2023-09: 573.357, 2023-12: 710.426, 2024-03: 736.515, 2024-06: 719.921, 2024-09: 635.571, 2024-12: 679.363, 2025-03: 924.342, 2025-06: 864.253, 2025-09: 905.268, 2025-12: 909.352,
Risk 5d forecast
Volatility 60.4%
Relative Tail Risk -16.3%
Reward TTM
Sharpe Ratio 1.85
Alpha 142.43
Character TTM
Beta 1.066
Beta Downside 1.239
Drawdowns 3y
Max DD 48.61%
CAGR/Max DD 1.20

Description: NXT Nextracker Common Stock January 07, 2026

Nextpower Inc. (formerly Nextracker Inc.) designs and sells solar-tracker hardware and software for utility-scale and distributed-generation projects across the United States and abroad, targeting EPC firms, developers, and plant owners.

Its product suite includes the NX Horizon line of single-axis trackers, the terrain-following NX Horizon-XTR for sloped sites, the weather-responsive NX Horizon Hail Pro, and the low-carbon NX Horizon Low Carbon model; complementary offerings comprise the TrueCapture yield-management platform, the NX Anchor foundation system for poor soils, the NX Truss Driver installation equipment, and the NX Navigator operations dashboard.

As of FY 2024, Nextpower reported roughly $1.2 billion in revenue-a 30 % year-over-year increase-driven by a 10 GW cumulative tracker deployment portfolio and an estimated 12 % CAGR in the global solar-tracker market through 2029. The company’s growth is further supported by the U.S. Inflation Reduction Act, which allocates significant tax credits to utility-scale solar, and by a tightening carbon-footprint agenda that favors its “Low Carbon” tracker variant.

For a deeper, data-driven dive into NXT’s valuation metrics and risk profile, you might find ValueRay’s analytical tools worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income: 592.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.16 > 0.02 and ΔFCF/TA -1.36 > 1.0
NWC/Revenue: 40.93% < 20% (prev 39.33%; Δ 1.60% < -1%)
CFO/TA 0.17 > 3% & CFO 630.8m > Net Income 592.1m
Net Debt (-952.6m) to EBITDA (773.8m): -1.23 < 3
Current Ratio: 2.36 > 1.5 & < 3
Outstanding Shares: last quarter (153.9m) vs 12m ago 3.28% < -2%
Gross Margin: 32.43% > 18% (prev 0.33%; Δ 3209 % > 0.5%)
Asset Turnover: 106.2% > 50% (prev 92.89%; Δ 13.34% > 0%)
Interest Coverage Ratio: 161.1 > 6 (EBITDA TTM 773.8m / Interest Expense TTM 4.64m)

Altman Z'' 0.85

A: 0.39 (Total Current Assets 2.56b - Total Current Liabilities 1.08b) / Total Assets 3.80b
B: -0.56 (Retained Earnings -2.12b / Total Assets 3.80b)
C: 0.22 (EBIT TTM 747.1m / Avg Total Assets 3.39b)
D: -1.29 (Book Value of Equity -2.12b / Total Liabilities 1.65b)
Altman-Z'' Score: 0.85 = B

Beneish M -2.61

DSRI: 1.25 (Receivables 1.20b/736.9m, Revenue 3.60b/2.77b)
GMI: 1.03 (GM 32.43% / 33.28%)
AQI: 0.96 (AQ_t 0.30 / AQ_t-1 0.32)
SGI: 1.30 (Revenue 3.60b / 2.77b)
TATA: -0.01 (NI 592.1m - CFO 630.8m) / TA 3.80b)
Beneish M-Score: -2.61 (Cap -4..+1) = A

What is the price of NXT shares?

As of February 07, 2026, the stock is trading at USD 121.37 with a total of 1,888,367 shares traded.
Over the past week, the price has changed by +3.66%, over one month by +32.63%, over three months by +13.92% and over the past year by +154.93%.

Is NXT a buy, sell or hold?

Nextracker Common Stock has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy NXT.
  • StrongBuy: 16
  • Buy: 8
  • Hold: 6
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NXT price?

Issuer Target Up/Down from current
Wallstreet Target Price 120.7 -0.6%
Analysts Target Price 120.7 -0.6%
ValueRay Target Price 156.4 28.9%

NXT Fundamental Data Overview February 07, 2026

P/E Trailing = 29.1196
P/E Forward = 24.0385
P/S = 4.7763
P/B = 8.0573
P/EG = 3.0401
Revenue TTM = 3.60b USD
EBIT TTM = 747.1m USD
EBITDA TTM = 773.8m USD
Long Term Debt = unknown (none)
Short Term Debt = 8.50m USD (from shortTermDebt, last fiscal year)
Debt = 59.7m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -952.6m USD (from netDebt column, last quarter)
Enterprise Value = 16.32b USD (17.21b + Debt 59.7m - CCE 952.6m)
Interest Coverage Ratio = 161.1 (Ebit TTM 747.1m / Interest Expense TTM 4.64m)
EV/FCF = 27.69x (Enterprise Value 16.32b / FCF TTM 589.3m)
FCF Yield = 3.61% (FCF TTM 589.3m / Enterprise Value 16.32b)
FCF Margin = 16.35% (FCF TTM 589.3m / Revenue TTM 3.60b)
Net Margin = 16.43% (Net Income TTM 592.1m / Revenue TTM 3.60b)
Gross Margin = 32.43% ((Revenue TTM 3.60b - Cost of Revenue TTM 2.43b) / Revenue TTM)
Gross Margin QoQ = 31.69% (prev 32.35%)
Tobins Q-Ratio = 4.29 (Enterprise Value 16.32b / Total Assets 3.80b)
Interest Expense / Debt = 0.57% (Interest Expense 339.0k / Debt 59.7m)
Taxrate = 27.29% (49.3m / 180.5m)
NOPAT = 543.2m (EBIT 747.1m * (1 - 27.29%))
Current Ratio = 2.36 (Total Current Assets 2.56b / Total Current Liabilities 1.08b)
Debt / Equity = 0.03 (Debt 59.7m / totalStockholderEquity, last quarter 2.15b)
Debt / EBITDA = -1.23 (Net Debt -952.6m / EBITDA 773.8m)
Debt / FCF = -1.62 (Net Debt -952.6m / FCF TTM 589.3m)
Total Stockholder Equity = 1.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.46% (Net Income 592.1m / Total Assets 3.80b)
RoE = 31.28% (Net Income TTM 592.1m / Total Stockholder Equity 1.89b)
RoCE = 27.51% (EBIT 747.1m / Capital Employed (Total Assets 3.80b - Current Liab 1.08b))
RoIC = 28.70% (NOPAT 543.2m / Invested Capital 1.89b)
WACC = 9.81% (E(17.21b)/V(17.27b) * Re(9.84%) + D(59.7m)/V(17.27b) * Rd(0.57%) * (1-Tc(0.27)))
Discount Rate = 9.84% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 2.21%
[DCF Debug] Terminal Value 75.62% ; FCFF base≈554.9m ; Y1≈684.5m ; Y5≈1.17b
Fair Price DCF = 103.3 (EV 14.38b - Net Debt -952.6m = Equity 15.34b / Shares 148.5m; r=9.81% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 87.13 | EPS CAGR: 93.07% | SUE: 3.01 | # QB: 11
Revenue Correlation: 94.52 | Revenue CAGR: 21.37% | SUE: 2.75 | # QB: 2
EPS next Quarter (2026-06-30): EPS=1.12 | Chg30d=+0.020 | Revisions Net=+4 | Analysts=13
EPS next Year (2027-03-31): EPS=4.79 | Chg30d=+0.114 | Revisions Net=+12 | Growth EPS=+9.4% | Growth Revenue=+11.7%

Additional Sources for NXT Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle