Nextracker Inc. logo

Nextracker Inc.

NXT
EnergyNASDAQUnited States
119.21USD+2.30 (+1.96%)

About Nextracker

Nextracker Inc., an energy solutions company, provides solar tracker solutions for photovoltaic (PV) projects.

The company offers a range of solar trackers, including:

  • Bifacial PV modules: Designed for large-scale solar installations.

  • NX Horizon: Tailored for solar power plants.

  • NX Gemini: A two-in-portrait solar tracker that optimizes the lifetime value and performance of power plants for project developers and asset owners.

  • NX Horizon – XTR: An all-terrain solar tracker.

Additionally, Nextracker provides:

  • TrueCapture: An intelligent, self-adjusting tracker control system for PV power plants.

  • NX Navigator: A software for operational control and risk mitigation.

Founded in 2013, the company is based in Fremont, California, and operates as a subsidiary of Flex Ltd.

Nextracker's Business Strategy

Nextracker is a leading provider of intelligent solar tracker and software solutions for utility-scale and distributed generation solar projects. The company's core offerings include single-axis solar trackers, such as the NX Horizon™ and NX Horizon-XTR™, which enable solar panels to follow the sun's path, thereby…

Available on Finplify

Free account required

Sign up free

Our Take on Nextracker

Pros:

Leading Solar Tracking Technology: Nextracker’s advanced tracking systems help solar panels capture more energy, which improves the long-term returns for project developers.

Growing Market Position: The company is a top player in the fast-growing utility-scale solar sector, with a presence in both mature…

Available on Finplify

Free account required

Sign up free

Company Details

Exchange
NASDAQ
Country
United States
Sector
Energy
Industry
Solar
CEO
Daniel S. Shugar
Employees
1,300
IPO Date
2023-02-09
ISIN
US65290E1010
Website
nextpower.com

Key Metrics

Market Cap
17.70BUSD
P/E Ratio (TTM)
29.31
Net Profit Margin
16.43%
Debt / Asset Ratio
0.00
Dividend Yield (TTM)
0.00%
Volume
162,856
Avg Volume
2.05M
Shares Outstanding
148.39M
Free Float
99.50%
β Beta
2.39
52W Range
36.1 - 131.6

Fundamental Analysis

Proprietary 5-category scoring system

Score Fingerprint

Section Scores

Profitability
4.4/5Excellent
Liquidity
4.6/5Excellent
Leverage
5.0/5Excellent
Cash Flow
5.0/5Excellent
Valuation
3.9/5Good

Full Breakdown & Peer Ranking

See the detailed score for every metric and how this stock ranks against its sector peers

Unlock for free
Free to join

Unlock the full research on Nextracker

Get the full fundamental score breakdown, business strategy, our investment take, live charts and AI-powered briefings. All in one ad-free workspace.

300+ Curated Stocks

A hand-picked universe of world-class businesses across every major market and sector.

AI Analyst Briefings

Deploy your own AI analyst that monitors your portfolio and delivers daily intelligence reports.

Proprietary Fundamentals

Five-category scoring for every stock — profitability, liquidity, leverage, cash flow, and valuation.