Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NEXTracker, Inc. Class A ( (NXT) ) has provided an announcement.
On May 9, 2025, Jonathan Coslet announced his decision to not stand for reelection to Nextracker’s Board of Directors, leading to a reduction in board size from nine to eight members. Nextracker reported record financial results for Q4 and fiscal year 2025, with a 26% increase in Q4 revenue year-over-year to $924 million. The company also launched its electrical balance of systems business through the acquisition of Bentek Corporation, enhancing its solar power platform and domestic supply chain. These developments position Nextracker for further growth and investment in strategic initiatives, solidifying its market leadership.
The most recent analyst rating on (NXT) stock is a Buy with a $59.00 price target. To see the full list of analyst forecasts on NEXTracker, Inc. Class A stock, see the NXT Stock Forecast page.
Spark’s Take on NXT Stock
According to Spark, TipRanks’ AI Analyst, NXT is a Outperform.
NEXTracker, Inc. Class A scores a solid 76, reflecting its strong financial performance, robust earnings call results, and reasonable valuation. The company shows impressive revenue growth and profitability, supported by strategic investments and a record backlog, which provide confidence in future growth. However, potential risks include international pricing pressures and the lack of a dividend yield. Technical indicators suggest a neutral market position, which aligns with the overall positive outlook tempered by specific challenges.
To see Spark’s full report on NXT stock, click here.
More about NEXTracker, Inc. Class A
Nextracker is a global leader in advanced solar technology solutions, providing solar tracker technologies and innovative solutions that enhance solar power plant performance and reliability. Their products are used in power plants worldwide, enabling the optimization of solar energy capture by following the sun’s movement.
Average Trading Volume: 2,047,212
Technical Sentiment Signal: Strong Buy
Current Market Cap: $7.37B
For an in-depth examination of NXT stock, go to TipRanks’ Stock Analysis page.