(NXT) Nextracker Common Stock - Ratings and Ratios

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

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

Electrical Components & Equipment
Market Cap in USD: 13,838m

IPO / Inception: 2023-02-09
12m vs SPY: 100%

EPS (Earnings per Share)

EPS CAGR: -19.99%
EPS Trend: 57.9%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: 30.09%
Rev. Trend: 94.9%

Last SUE: 2.04
Qual. Beats: 4

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	61.4%
Value at Risk 5%th	84.7%
Relative Tail Risk	-16.19%

Reward TTM
Sharpe Ratio	1.68
Alpha	113.74
CAGR/Max DD	1.03

Character TTM
Hurst Exponent	0.465
Beta	0.994
Beta Downside	1.338

Drawdowns 3y
Max DD	48.61%
Mean DD	16.29%
Median DD	12.82%

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) 8.5

Net Income (565.8m TTM) > 0 and > 6% of Revenue (6% = 204.9m TTM)

FCFTA 0.19 (>2.0%) and ΔFCFTA 3.66pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 38.63% (prev 34.91%; Δ 3.71pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.21 (>3.0%) and CFO 754.9m > Net Income 565.8m (YES >=105%, WARN >=100%)

Net Debt (-766.1m) to EBITDA (542.2m) ratio: -1.41 <= 3.0 (WARN <= 3.5)

Current Ratio 2.18 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (148.4m) change vs 12m ago -0.47% (target <= -2.0% for YES)

Gross Margin 33.16% (prev 31.79%; Δ 1.37pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 106.1% (prev 101.2%; Δ 4.85pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 69.02 (EBITDA TTM 542.2m / Interest Expense TTM 7.61m) >= 6 (WARN >= 3)

Altman Z'' 0.05

(A) 0.36 = (Total Current Assets 2.44b - Total Current Liabilities 1.12b) / Total Assets 3.67b

(B) -0.61 = Retained Earnings (Balance) -2.25b / Total Assets 3.67b

(D) -1.34 = Book Value of Equity -2.25b / Total Liabilities 1.68b

Total Rating: 0.05 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 91.37

1. Piotroski 8.50pt

2. FCF Yield 5.41%

3. FCF Margin 20.65%

4. Debt/Equity 0.02

5. Debt/Ebitda -1.41

6. ROIC - WACC (= 14.66)%

7. RoE 32.30%

8. Rev. Trend 94.85%

9. EPS Trend 57.87%

What is the price of NXT shares?

As of January 13, 2026, the stock is trading at USD 99.08 with a total of 2,476,614 shares traded.
Over the past week, the price has changed by +10.58%, over one month by +14.21%, over three months by +13.94% and over the past year by +142.55%.

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.

Strong Buy: 16
Buy: 8
Hold: 6
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the NXT price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	103.7	4.7%
Analysts Target Price	103.7	4.7%
ValueRay Target Price	123.9	25%

NXT Fundamental Data Overview January 13, 2026

P/E Trailing = 23.6192
P/E Forward = 19.685
P/S = 4.1023
P/B = 6.8129
P/EG = 3.395
Beta = 2.387
Revenue TTM = 3.41b USD
EBIT TTM = 525.3m USD
EBITDA TTM = 542.2m USD
Long Term Debt = unknown (none)
Short Term Debt = 8.50m USD (from shortTermDebt, last fiscal year)
Debt = 34.1m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -766.1m USD (from netDebt column, last fiscal year)
Enterprise Value = 13.03b USD (13.84b + Debt 34.1m - CCE 845.3m)
Interest Coverage Ratio = 69.02 (Ebit TTM 525.3m / Interest Expense TTM 7.61m)
EV/FCF = 18.48x (Enterprise Value 13.03b / FCF TTM 705.0m)
FCF Yield = 5.41% (FCF TTM 705.0m / Enterprise Value 13.03b)
FCF Margin = 20.65% (FCF TTM 705.0m / Revenue TTM 3.41b)
Net Margin = 16.57% (Net Income TTM 565.8m / Revenue TTM 3.41b)
Gross Margin = 33.16% ((Revenue TTM 3.41b - Cost of Revenue TTM 2.28b) / Revenue TTM)
Gross Margin QoQ = 32.35% (prev 32.35%)
Tobins Q-Ratio = 3.55 (Enterprise Value 13.03b / Total Assets 3.67b)
Interest Expense / Debt = 2.14% (Interest Expense 730.0k / Debt 34.1m)
Taxrate = 19.63% (35.9m / 182.7m)
NOPAT = 422.2m (EBIT 525.3m * (1 - 19.63%))
Current Ratio = 2.18 (Total Current Assets 2.44b / Total Current Liabilities 1.12b)
Debt / Equity = 0.02 (Debt 34.1m / totalStockholderEquity, last quarter 1.99b)
Debt / EBITDA = -1.41 (Net Debt -766.1m / EBITDA 542.2m)
Debt / FCF = -1.09 (Net Debt -766.1m / FCF TTM 705.0m)
Total Stockholder Equity = 1.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.58% (Net Income 565.8m / Total Assets 3.67b)
RoE = 32.30% (Net Income TTM 565.8m / Total Stockholder Equity 1.75b)
RoCE = 20.61% (EBIT 525.3m / Capital Employed (Total Assets 3.67b - Current Liab 1.12b))
RoIC = 24.22% (NOPAT 422.2m / Invested Capital 1.74b)
WACC = 9.56% (E(13.84b)/V(13.87b) * Re(9.58%) + D(34.1m)/V(13.87b) * Rd(2.14%) * (1-Tc(0.20)))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 0.35%
[DCF Debug] Terminal Value 76.36% ; FCFF base≈595.3m ; Y1≈734.3m ; Y5≈1.25b
Fair Price DCF = 113.2 (EV 16.03b - Net Debt -766.1m = Equity 16.79b / Shares 148.4m; r=9.56% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 57.87 | EPS CAGR: -19.99% | SUE: -4.0 | # QB: 0
Revenue Correlation: 94.85 | Revenue CAGR: 30.09% | SUE: 2.04 | # QB: 4
EPS current Year (2026-03-31): EPS=4.28 | Chg30d=+0.008 | Revisions Net=+1 | Growth EPS=+1.3% | Growth Revenue=+16.6%
EPS next Year (2027-03-31): EPS=4.68 | Chg30d=+0.015 | Revisions Net=+1 | Growth EPS=+9.5% | Growth Revenue=+11.1%

Additional Sources for NXT Stock

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