Nextracker Inc.
Nextracker Inc. (NXT) Stock Overview
Explore Nextracker Inc.’s financial performance, market position, analyst ratings, and future outlook.
NXT Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Nextracker Inc. (NXT) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $32.99.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 16.55 and a market capitalization of 8.5B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Analyst Recommendations
Price Targets
Company Profile
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
Daniel S. Shugar
1,300
6200 Paseo Padre Parkway, Fremont, CA
2023