FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
Company ProfileNextracker Inc.
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NXT
Nextracker Inc. Stock AnalysisComprehensive stock analysis for Nextracker Inc. (NXT) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNXT
NXT
Nextracker Inc.
  • Company Overview
  • Financial Data
  • Peer Comparison
  • Ownership & News
  • Discussion
NXT
Home🔹Stocks🔹Nextracker Inc.

Nextracker Inc.

🇺🇸NXT•NASDAQ

Nextracker Inc.

🇺🇸NXT•NASDAQ
Market cap
$12.87B
Sentiment

Your view on NXT

Mkt Cap
$12.87B
Sentiment
Your view
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Nextracker Inc.

Industry
Solar
Sector
Energy
CEO
Daniel S. Shugar
Headquarters
6200 Paseo Padre Parkway, Fremont, CA, US
Industry
Solar
Sector
Energy
CEO
Daniel S. Shugar
Headquarters
6200 Paseo Padre Parkway, Fremont, CA, US
Description

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.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Nextracker Inc., and the rating behind it. NXT last traded at $84.86, 21.3× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Nextracker Inc.. Starting points for Nextracker Inc.: P/E 21.3, EPS $3.94, beta 1.94 — an Solar name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Nextracker Inc.. Nextracker Inc. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Nextracker Inc.. Trailing twelve-month EPS for Nextracker Inc. stands at $3.94. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Nextracker Inc.. Nextracker Inc. has reported as a listed company since 2023. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Nextracker Inc. valued side by side against its closest peers. Nextracker Inc. is measured against Solar peers within the Energy sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Nextracker Inc., and how their positions are changing. At a $12.87B market value, institutional positions materially move Nextracker Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Nextracker Inc. executives and directors. Shares of Nextracker Inc. have traded between $33.29 and $112.74 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Nextracker Inc.. Nextracker Inc. is a $12.87B Energy company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Nextracker Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Nextracker Inc.. Coverage tracks Nextracker Inc. within Solar (Energy). Press releases and market coverage, newest first.

Discussion

Comments

Comments and replies from FRC members about this company.

Peer companies

  • ARRYArray Technologies, Inc.
  • FTCIFTC Solar, Inc.
  • PNSkycorp Solar Group Limited
  • TURBTurbo Energy, S.A. American Depositary Shares

More Solar companies

  • SPRUSpruce Power Holding Corporation
  • SPWRComplete Solaria, Inc.
  • SPWRWSunPower Corporation
  • SUNWQSunworks, Inc.
  • TAAGThe Awareness Group Inc
  • TOYOTOYO Co., Ltd.
  • TYGOTigo Energy, Inc.
  • VSOLFThree Sixty Solar Ltd.
  • XDSLmPhase Technologies, Inc.
  • XISHYXinyi Solar Holdings Limited
  • XNYIFXinyi Solar Holdings Limited

ETFs holding Nextracker Inc.

Largest holders, then the funds most concentrated in NXT · % = share of the fund

  • IJHiShares Core SP Mid-Cap ETF0.38%
  • XUU.TOiShares Core S&P U.S. Total Market Index ETF0.02%
  • VTIVanguard Total Stock Market ETF0.02%
  • VBVanguard Small-Cap ETF0.14%
  • TANInvesco Solar ETF11.04%
  • ICLNiShares Global Clean Energy ETF6.85%
  • ACESALPS Clean Energy ETF5.63%
  • QCLNFirst Trust NASDAQ Clean Edge Green Energy Index Fund4.29%
NXT Analysis
Good
Past5
Growth1
Health5
Profit4
Value1

News

Latest Market News

No comments yet

Be the first to ask a question or say what you make of Nextracker Inc.