NXT vs. ARRY, UI, ERIC, CLS, HUBB, ALAB, STM, NOK, ASX, and ON
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Array Technologies (ARRY), Ubiquiti (UI), Ericsson (ERIC), Celestica (CLS), Hubbell (HUBB), Astera Labs (ALAB), STMicroelectronics (STM), Nokia (NOK), ASE Technology (ASX), and ON Semiconductor (ON).
Nextracker vs. Its Competitors
Array Technologies (NASDAQ:ARRY) and Nextracker (NASDAQ:NXT) are both energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their earnings, risk, valuation, profitability, dividends, analyst recommendations, media sentiment and institutional ownership.
Array Technologies currently has a consensus target price of $8.97, suggesting a potential upside of 59.67%. Nextracker has a consensus target price of $64.37, suggesting a potential upside of 18.11%. Given Array Technologies' higher possible upside, research analysts clearly believe Array Technologies is more favorable than Nextracker.
67.4% of Nextracker shares are owned by institutional investors. 0.5% of Array Technologies shares are owned by company insiders. Comparatively, 0.6% of Nextracker shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
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.
In the previous week, Nextracker had 4 more articles in the media than Array Technologies. MarketBeat recorded 12 mentions for Nextracker and 8 mentions for Array Technologies. Nextracker's average media sentiment score of 0.96 beat Array Technologies' score of 0.79 indicating that Nextracker is being referred to more favorably in the news media.
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.
Array Technologies has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.25, suggesting that its share price is 125% more volatile than the S&P 500.
Summary
Nextracker beats Array Technologies on 16 of the 17 factors compared between the two stocks.
Get Nextracker News Delivered to You Automatically
Sign up to receive the latest news and ratings for NXT and its competitors with MarketBeat's FREE daily newsletter.
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.
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.
Nextracker Competitors List
Related Companies and Tools
This page (NASDAQ:NXT) was last updated on 8/13/2025 by MarketBeat.com Staff
MarketBeat All Access