NASDAQ:NXT

Nextracker - NXT Stock Forecast, Price & News

$32.52

+1.28 (+4.10%)

(As of 03/28/2023 12:00 AM ET)

Add

Compare

Today's Range: $31.18
▼
$32.90
50-Day Range: N/A
52-Week Range: $28.24
▼
$35.10

Volume: 939,792 shs
Average Volume: 1.65 million shs
Market Capitalization: $1.49 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $40.08

About Nextracker (NASDAQ:NXT) Stock

Nextracker Inc. is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants. Nextracker Inc. is based in SAN JOSE, Calif.

Receive NXT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nextracker and its competitors with MarketBeat's FREE daily newsletter.

NXT Stock News Headlines

March 6, 2023 | marketbeat.com

Solar Tech-Services; Nextracker Should Be On Your Radar

Nextracker is a high-demand business and a high-demand stock following its IPO but shares may already be capped at resistance.

March 29, 2023 | americanbankingnews.com

Analyzing Garmin (NYSE:GRMN) and Nextracker (NASDAQ:NXT)

March 29, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.

March 25, 2023 | americanbankingnews.com

Nextracker (NASDAQ:NXT) Research Coverage Started at Craig Hallum

March 14, 2023 | businesswire.com

European Renewable Energy Developer IbVogt Chooses Nextracker’s Terrain-Following Solar Tracker

March 11, 2023 | benzinga.com

NEXTracker Stock (NASDAQ:NXT), Analyst Ratings, Price Targets, Predictions

March 10, 2023 | benzinga.com

NEXTracker Stock (NASDAQ:NXT), Dividends

March 6, 2023 | benzinga.com

What These 4 Nextracker Analysts Have To Say A Month After Its IPO

March 29, 2023 | Weiss Ratings (Ad)

Urgent Warning

This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …

March 6, 2023 | barrons.com

NEXTracker Inc.

February 25, 2023 | money.usnews.com

Nextracker Inc - Ordinary Shares - Class A

February 22, 2023 | morningstar.com

NEXTracker Inc Ordinary Shares - Class A

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive NXT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nextracker and its competitors with MarketBeat's FREE daily newsletter.

NXT Company Calendar

Today: 3/29/2023
Fiscal Year End: 3/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Search & navigation equipment
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:NXT
CUSIP: N/A
CIK: 1852131
Web: www.nextracker.com
Phone: 510-270-2500
Fax: N/A
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $40.08
High Stock Price Forecast: $45.00
Low Stock Price Forecast: $36.00
Forecasted Upside/Downside: +23.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.79
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 12.32
P/E Growth: 0.23
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $1.82 billion
Price / Sales: 0.82
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: 45,869,000
Free Float: N/A
Market Cap: $1.49 billion
Optionable: Not Optionable
Beta: N/A

Key Competitors

View All Competitors

NXT Stock - Frequently Asked Questions

Should I buy or sell Nextracker stock right now?: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nextracker in the last year. There are currently 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NXT shares.
View NXT analyst ratings or view top-rated stocks.
What is Nextracker's stock price forecast for 2023?: 14 brokers have issued 12-month target prices for Nextracker's stock. Their NXT share price forecasts range from $36.00 to $45.00. On average, they predict the company's stock price to reach $40.08 in the next twelve months. This suggests a possible upside of 23.3% from the stock's current price.
View analysts price targets for NXT or view top-rated stocks among Wall Street analysts.
How have NXT shares performed in 2023?: Nextracker's stock was trading at $30.46 at the beginning of the year. Since then, NXT shares have increased by 6.8% and is now trading at $32.52.
View the best growth stocks for 2023 here.
What ETF holds Nextracker's stock ?: Renaissance IPO ETF holds 9,234 shares of NXT stock, representing 0.23% of its portfolio.
When did Nextracker IPO?: (NXT) raised $501 million in an IPO on Thursday, February 9th 2023. The company issued 23,300,000 shares at $20.00-$23.00 per share. J.P. Morgan, BofA Securities, Citigroup, Barclays, Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank and KeyBanc Capital Markets served as the underwriters for the IPO.

What is Nextracker's stock symbol?: Nextracker trades on the NASDAQ under the ticker symbol "NXT."
When did Nextracker's quiet period expire?: Nextracker's quiet period expired on Tuesday, March 21st. Nextracker had issued 26,600,000 shares in its initial public offering on February 9th. The total size of the offering was $638,400,000 based on an initial share price of $24.00. During Nextracker's quiet period, insiders and underwriters involved in the IPO were restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company.
How do I buy shares of Nextracker?: Shares of NXT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Nextracker's stock price today?: One share of NXT stock can currently be purchased for approximately $32.52.
How much money does Nextracker make?: Nextracker (NASDAQ:NXT) has a market capitalization of $1.49 billion and generates $1.82 billion in revenue each year.
How can I contact Nextracker?: The official website for the company is www.nextracker.com. The company can be reached via phone at 510-270-2500 or via email at investor@nextracker.com.

This page (NASDAQ:NXT) was last updated on 3/29/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial