NXT vs. NOK, ERIC, UI, STM, ASX, HUBB, GFS, UMC, FLEX, and ALAB
Should you be buying Nextracker stock or one of its competitors? The main competitors of Nextracker include Nokia Oyj (NOK), Telefonaktiebolaget LM Ericsson (publ) (ERIC), Ubiquiti (UI), STMicroelectronics (STM), ASE Technology (ASX), Hubbell (HUBB), GlobalFoundries (GFS), United Microelectronics (UMC), Flex (FLEX), and Astera Labs (ALAB). These companies are all part of the "electronic equipment" industry.
Nextracker vs.
Nokia Oyj (NYSE:NOK) and Nextracker (NASDAQ:NXT) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their risk, community ranking, valuation, analyst recommendations, earnings, media sentiment, profitability, institutional ownership and dividends.
Nokia Oyj has higher revenue and earnings than Nextracker. Nextracker is trading at a lower price-to-earnings ratio than Nokia Oyj, indicating that it is currently the more affordable of the two stocks.
In the previous week, Nokia Oyj had 1 more articles in the media than Nextracker. MarketBeat recorded 13 mentions for Nokia Oyj and 12 mentions for Nextracker. Nokia Oyj's average media sentiment score of 0.47 beat Nextracker's score of 0.44 indicating that Nokia Oyj is being referred to more favorably in the media.
Nokia Oyj currently has a consensus price target of $5.85, indicating a potential upside of 8.64%. Nextracker has a consensus price target of $60.33, indicating a potential upside of 1.67%. Given Nokia Oyj's higher probable upside, equities analysts clearly believe Nokia Oyj is more favorable than Nextracker.
Nokia Oyj has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500. Comparatively, Nextracker has a beta of 2.39, meaning that its stock price is 139% more volatile than the S&P 500.
5.3% of Nokia Oyj shares are held by institutional investors. Comparatively, 67.4% of Nextracker shares are held by institutional investors. 0.3% of Nextracker shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Nokia Oyj received 908 more outperform votes than Nextracker when rated by MarketBeat users. However, 72.31% of users gave Nextracker an outperform vote while only 61.21% of users gave Nokia Oyj an outperform vote.
Nextracker has a net margin of 20.12% compared to Nokia Oyj's net margin of 6.54%. Nextracker's return on equity of 41.22% beat Nokia Oyj's return on equity.
Summary
Nextracker beats Nokia Oyj on 12 of the 19 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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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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This page (NASDAQ:NXT) was last updated on 6/10/2025 by MarketBeat.com Staff