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Nextracker (NXT) Competitors

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$66.72 -0.54 (-0.80%)
Closing price 04:00 PM Eastern
Extended Trading
$67.07 +0.35 (+0.52%)
As of 06:17 PM Eastern
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NXT vs. ARRY, UI, ALAB, ERIC, STM, NOK, HUBB, ASX, CLS, and ON

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), STMicroelectronics (STM), Nokia (NOK), Hubbell (HUBB), ASE Technology (ASX), Celestica (CLS), and ON Semiconductor (ON).

Nextracker vs. Its Competitors

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

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%

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$2.96B3.34$509.17M$3.6718.18
Array Technologies$915.81M1.53-$240.39M-$1.74-5.26

Nextracker currently has a consensus price target of $65.00, suggesting a potential downside of 2.58%. Array Technologies has a consensus price target of $8.81, suggesting a potential downside of 3.76%. Given Nextracker's stronger consensus rating and higher possible upside, research analysts plainly believe Nextracker is more favorable than Array Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nextracker
0 Sell rating(s)
9 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.67
Array Technologies
0 Sell rating(s)
11 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.45

In the previous week, Nextracker had 8 more articles in the media than Array Technologies. MarketBeat recorded 15 mentions for Nextracker and 7 mentions for Array Technologies. Nextracker's average media sentiment score of 1.47 beat Array Technologies' score of 0.65 indicating that Nextracker is being referred to more favorably in the media.

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

Nextracker has a beta of 2.26, suggesting that its share price is 126% more volatile than the S&P 500. Comparatively, Array Technologies has a beta of 1.76, suggesting that its share price is 76% more volatile than the S&P 500.

67.4% of Nextracker shares are owned by institutional investors. 0.6% of Nextracker shares are owned by company insiders. Comparatively, 0.5% of Array Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Nextracker beats Array Technologies on 17 of the 17 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$9.95B$2.06B$7.76B$9.68B
Dividend YieldN/A4.52%10.75%4.54%
P/E Ratio17.656.9967.2326.40
Price / Sales3.34125.12559.02178.36
Price / Cash18.359.6035.4128.92
Price / Book5.463.063.946.06
Net Income$509.17M-$167.64M$4.28B$266.05M
7 Day Performance-2.71%-4.95%3.68%-0.07%
1 Month Performance17.94%12.92%7.02%5.83%
1 Year Performance64.05%13.58%13.95%17.88%

Nextracker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NXT
Nextracker
2.7392 of 5 stars
$66.72
-0.8%
$65.00
-2.6%
+65.4%$9.95B$2.96B17.651,300Positive News
Gap Down
ARRY
Array Technologies
2.1954 of 5 stars
$9.32
+2.8%
$8.81
-5.5%
+34.3%$1.42B$915.81M-5.361,021Short Interest ↑
Gap Down
UI
Ubiquiti
1.5978 of 5 stars
$521.27
+2.2%
$449.50
-13.8%
+173.6%$31.53B$2.57B44.291,515High Trading Volume
ALAB
Astera Labs
3.4025 of 5 stars
$174.15
-2.8%
$129.13
-25.8%
+323.1%$28.95B$605.55M310.98225Positive News
Analyst Forecast
Gap Down
ERIC
Ericsson
3.8235 of 5 stars
$7.93
flat
$9.80
+23.6%
+5.6%$26.55B$23.45B15.8694,326Dividend Announcement
STM
STMicroelectronics
4.2176 of 5 stars
$27.35
-0.6%
$32.21
+17.8%
-15.4%$24.56B$13.27B39.6449,602News Coverage
Positive News
NOK
Nokia
3.7842 of 5 stars
$4.33
+0.5%
$5.78
+33.4%
-3.7%$23.30B$20.80B21.6580,361Trending News
HUBB
Hubbell
2.9161 of 5 stars
$437.98
-0.7%
$462.29
+5.5%
+7.8%$23.27B$5.63B28.4417,700Positive News
Analyst Upgrade
ASX
ASE Technology
3.8224 of 5 stars
$9.90
+0.4%
N/A-0.8%$21.85B$18.54B21.0697,079News Coverage
Positive News
Gap Up
CLS
Celestica
3.406 of 5 stars
$192.87
+2.1%
$168.92
-12.4%
+283.2%$21.73B$10.59B41.7526,865Positive News
Gap Down
ON
ON Semiconductor
4.6061 of 5 stars
$50.95
-1.7%
$56.84
+11.6%
-36.3%$20.84B$7.08B47.6226,490Trending News
Gap Down

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This page (NASDAQ:NXT) was last updated on 9/2/2025 by MarketBeat.com Staff
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