Analysts Set Expectations for Nextracker FY2025 Earnings

Nextracker Inc. (NASDAQ:NXT) – Analysts at Northland Capmk boosted their FY2025 earnings estimates for Nextracker in a research report issued to clients and investors on Wednesday, January 29th. Northland Capmk analyst G. Richard now expects that the company will earn $3.30 per share for the year, up from their previous forecast of $2.68. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Nextracker’s current full-year earnings is $2.67 per share. Northland Capmk also issued estimates for Nextracker’s Q4 2025 earnings at $0.82 EPS, Q2 2026 earnings at $0.79 EPS and FY2026 earnings at $3.29 EPS.

Other analysts have also issued reports about the stock. Bank of America decreased their target price on shares of Nextracker from $65.00 to $52.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. UBS Group lifted their price objective on Nextracker from $60.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. BNP Paribas raised Nextracker to a “strong-buy” rating in a report on Wednesday, January 29th. Truist Financial reaffirmed a “buy” rating and issued a $56.00 price target (up previously from $54.00) on shares of Nextracker in a research note on Wednesday, January 29th. Finally, Piper Sandler increased their price objective on Nextracker from $47.00 to $50.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $56.50.

Nextracker Price Performance

Shares of Nextracker stock opened at $50.42 on Monday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.21 and a quick ratio of 1.99. The company has a market cap of $7.34 billion, a PE ratio of 12.83 and a beta of 2.04. The firm has a fifty day moving average price of $39.69 and a two-hundred day moving average price of $39.04. Nextracker has a fifty-two week low of $30.93 and a fifty-two week high of $62.31.

Nextracker (NASDAQ:NXT) last posted its quarterly earnings data on Tuesday, January 28th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.31. Nextracker had a return on equity of 43.83% and a net margin of 20.12%.

Institutional Trading of Nextracker

A number of large investors have recently added to or reduced their stakes in the company. New York State Common Retirement Fund lifted its position in shares of Nextracker by 65.6% in the fourth quarter. New York State Common Retirement Fund now owns 469,163 shares of the company’s stock valued at $17,139,000 after buying an additional 185,858 shares during the last quarter. Venturi Wealth Management LLC raised its stake in Nextracker by 3,781.7% in the 4th quarter. Venturi Wealth Management LLC now owns 3,183 shares of the company’s stock valued at $116,000 after acquiring an additional 3,101 shares during the period. Principal Financial Group Inc. lifted its holdings in Nextracker by 24.6% during the 4th quarter. Principal Financial Group Inc. now owns 873,741 shares of the company’s stock valued at $31,918,000 after purchasing an additional 172,616 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its position in Nextracker by 11.6% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 57,669 shares of the company’s stock worth $2,107,000 after purchasing an additional 5,999 shares during the period. Finally, Allworth Financial LP increased its holdings in shares of Nextracker by 52.4% in the fourth quarter. Allworth Financial LP now owns 803 shares of the company’s stock valued at $29,000 after purchasing an additional 276 shares during the last quarter. Institutional investors and hedge funds own 67.41% of the company’s stock.

Insider Buying and Selling

In other Nextracker news, CAO David P. Bennett sold 9,801 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $49.90, for a total transaction of $489,069.90. Following the sale, the chief accounting officer now directly owns 124,577 shares of the company’s stock, valued at $6,216,392.30. The trade was a 7.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, President Howard Wenger sold 6,066 shares of the firm’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $45.00, for a total value of $272,970.00. Following the completion of the transaction, the president now owns 209,365 shares of the company’s stock, valued at $9,421,425. The trade was a 2.82 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.27% of the company’s stock.

Nextracker Company Profile

Nextracker Inc, an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.