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Nextracker (NXT) Competitors

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$58.98 -0.04 (-0.07%)
Closing price 04:00 PM Eastern
Extended Trading
$58.73 -0.25 (-0.42%)
As of 07:57 PM Eastern
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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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nokia Oyj$19.17B1.53$1.38B$0.1535.90
Nextracker$2.96B2.93$306.24M$3.4717.10

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nokia Oyj
5 Very Positive mention(s)
1 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Nextracker
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nokia Oyj
1 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.60
Nextracker
0 Sell rating(s)
5 Hold rating(s)
17 Buy rating(s)
2 Strong Buy rating(s)
2.88

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.

CompanyUnderperformOutperform
Nokia OyjOutperform Votes
1002
61.21%
Underperform Votes
635
38.79%
NextrackerOutperform Votes
94
72.31%
Underperform Votes
36
27.69%

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.

Company Net Margins Return on Equity Return on Assets
Nokia Oyj6.54% 10.30% 5.52%
Nextracker 20.12%41.22%18.29%

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

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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

MetricNextrackerSearch & navigation equipment IndustryEnergy SectorNASDAQ Exchange
Market Cap$8.69B$14.69B$7.59B$8.63B
Dividend YieldN/A1.54%11.08%4.19%
P/E Ratio15.1218.2248.0720.18
Price / Sales2.9346.1527,829.29164.37
Price / Cash17.5521.6035.7234.64
Price / Book6.0644.093.704.73
Net Income$306.24M$687.20M$4.33B$248.00M
7 Day Performance2.35%2.64%2.02%4.37%
1 Month Performance27.60%26.08%6.71%10.75%
1 Year Performance2.21%51.95%91.46%15.13%

Nextracker Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
NXT
Nextracker
1.7106 of 5 stars
$58.98
-0.1%
$60.33
+2.3%
+6.1%$8.63B$2.96B15.011,050
NOK
Nokia Oyj
1.5386 of 5 stars
$5.32
+1.8%
$5.85
+10.1%
+38.7%$28.98B$19.17B21.2687,900
ERIC
Telefonaktiebolaget LM Ericsson (publ)
1.643 of 5 stars
$8.55
+1.1%
$9.80
+14.6%
+36.5%$28.49B$249.58B-855,000.00105,500Positive News
UI
Ubiquiti
1.5621 of 5 stars
$395.59
+0.1%
$343.50
-13.2%
+186.9%$23.93B$2.32B53.751,380Positive News
STM
STMicroelectronics
2.5773 of 5 stars
$25.06
+0.2%
$30.97
+23.6%
-33.5%$22.51B$12.32B15.1048,300
ASX
ASE Technology
3.7757 of 5 stars
$9.44
+0.7%
N/A-7.9%$20.85B$610.76B20.9997,800Positive News
HUBB
Hubbell
3.4587 of 5 stars
$381.29
-2.1%
$457.50
+20.0%
+7.1%$20.35B$5.59B26.5516,300Analyst Forecast
GFS
GlobalFoundries
1.5258 of 5 stars
$35.92
+0.3%
$47.09
+31.1%
-19.9%$19.86B$6.79B-74.8314,600Positive News
UMC
United Microelectronics
2.615 of 5 stars
$7.72
+1.5%
$7.40
-4.2%
-7.7%$19.40B$235.53B13.3219,500Positive News
Dividend Increase
Analyst Revision
FLEX
Flex
3.5678 of 5 stars
$42.38
+0.2%
$45.33
+7.0%
+36.8%$15.82B$25.81B17.09172,600Analyst Forecast
ALAB
Astera Labs
2.6864 of 5 stars
$92.92
+2.4%
$100.00
+7.6%
+49.1%$15.32B$490.47M-53.71225

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This page (NASDAQ:NXT) was last updated on 6/10/2025 by MarketBeat.com Staff
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