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Nextracker (NXT) Competitors

Nextracker logo
$87.29 +4.49 (+5.43%)
As of 03:51 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

NXT vs. ARRY, UI, ALAB, ERIC, CLS, COMS, NOK, STM, CRDO, and ASX

Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Array Technologies (ARRY), Ubiquiti (UI), Astera Labs (ALAB), Ericsson (ERIC), Celestica (CLS), COMSovereign (COMS), Nokia (NOK), STMicroelectronics (STM), Credo Technology Group (CRDO), and ASE Technology (ASX).

Nextracker vs. Its Competitors

Nextracker (NASDAQ:NXT) and Array Technologies (NASDAQ:ARRY) are both energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, institutional ownership, dividends, valuation, risk and media sentiment.

In the previous week, Nextracker had 14 more articles in the media than Array Technologies. MarketBeat recorded 18 mentions for Nextracker and 4 mentions for Array Technologies. Nextracker's average media sentiment score of 0.59 beat Array Technologies' score of 0.38 indicating that Nextracker is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nextracker
4 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Array Technologies
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

67.4% of Nextracker shares are held by institutional investors. 0.6% of Nextracker shares are held by company insiders. Comparatively, 0.5% of Array Technologies shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Nextracker has higher revenue and earnings than Array Technologies. Array Technologies is trading at a lower price-to-earnings ratio than Nextracker, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nextracker$3.10B4.14$509.17M$3.6723.65
Array Technologies$915.81M1.47-$240.39M-$1.74-5.07

Nextracker has a beta of 2.27, meaning that its stock price is 127% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500.

Nextracker presently has a consensus target price of $70.35, suggesting a potential downside of 18.95%. Array Technologies has a consensus target price of $9.30, suggesting a potential upside of 5.38%. Given Array Technologies' higher possible upside, analysts plainly believe Array Technologies is more favorable than Nextracker.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nextracker
0 Sell rating(s)
10 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.65
Array Technologies
2 Sell rating(s)
11 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.42

Nextracker has a net margin of 17.55% compared to Array Technologies' net margin of -17.78%. Nextracker's return on equity of 37.02% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Nextracker17.55% 37.02% 18.44%
Array Technologies -17.78%-280.76%10.48%

Summary

Nextracker beats Array Technologies on 15 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NXT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NXT vs. The Competition

MetricNextrackerSolar IndustryEnergy SectorNASDAQ Exchange
Market Cap$12.84B$2.43B$7.88B$10.45B
Dividend YieldN/A4.35%10.82%4.79%
P/E Ratio23.648.3575.6827.06
Price / Sales4.1438.651,615.24188.54
Price / Cash22.5910.6435.7430.17
Price / Book7.763.954.996.69
Net Income$509.17M-$168.54M$4.28B$276.12M
7 Day Performance10.79%-1.91%-1.64%-1.29%
1 Month Performance30.13%13.17%3.54%6.30%
1 Year Performance143.53%44.52%17.36%34.03%

Nextracker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NXT
Nextracker
1.9493 of 5 stars
$87.29
+5.4%
$70.35
-19.4%
+132.3%$12.91B$3.10B23.771,300Analyst Forecast
Gap Up
ARRY
Array Technologies
2.1178 of 5 stars
$8.93
-1.5%
$9.23
+3.3%
+21.9%$1.36B$1.17B-5.131,021Analyst Forecast
Gap Up
UI
Ubiquiti
2.8612 of 5 stars
$664.75
+0.4%
$499.67
-24.8%
+178.1%$40.21B$2.57B56.481,667Positive News
Analyst Forecast
ALAB
Astera Labs
3.058 of 5 stars
$220.81
+10.0%
$159.83
-27.6%
+209.2%$36.70B$396.29M394.30225Gap Up
ERIC
Ericsson
3.1638 of 5 stars
$8.42
flat
$9.80
+16.4%
+9.7%$28.19B$245.86B16.8494,326Trending News
Upcoming Earnings
CLS
Celestica
3.4961 of 5 stars
$235.31
+0.7%
$207.38
-11.9%
+286.8%$27.07B$9.65B50.9326,865Positive News
Gap Up
COMS
COMSovereign
N/A$9,913.80
+1,101,533,410.0%
N/AN/A$26.72B$6.17M0.00140Gap Down
NOK
Nokia
3.048 of 5 stars
$4.96
+1.2%
$5.52
+11.2%
+22.4%$26.69B$20.80B24.8080,361
STM
STMicroelectronics
3.6094 of 5 stars
$28.93
+0.5%
$32.06
+10.8%
-2.9%$25.98B$13.27B41.9349,602Gap Up
CRDO
Credo Technology Group
4.0013 of 5 stars
$147.42
+2.5%
$128.55
-12.8%
+262.9%$25.50B$600.14M220.03380Insider Trade
Gap Up
ASX
ASE Technology
3.4581 of 5 stars
$11.39
+2.8%
N/A+11.4%$25.14B$621.27B24.2397,079

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This page (NASDAQ:NXT) was last updated on 10/13/2025 by MarketBeat.com Staff
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