Nextracker (NXT) Stock Price

$61.68 0%

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AI Score

Hold
  • Alternative

    7
  • Fundamental

    8
  • Technical

    7

Our AI score evaluates a company's performance on a scale from 0 to 10 by analyzing alternative data points — web traffic, app downloads, job postings, etc - along with financial health and technical signals. Scores below 4 project bearish performance, while scores above 6 project bullish performance.

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NXT AI Stock Analysis

Financial Performance

Nextracker reported a last quarter revenue of $679.4M, which is a 6.9% increase from the previous quarter but a -7.8% decrease year over year. The gross profit was $240.9M, marking an increase of 7.2% from the previous quarter and a decline of -29.2% year over year. Their operating income profit saw an increase by 12.6% from the previous quarter to $150.2M but dropped by -44.5% compared to the same period last year, indicating mixed performance in their operations.

The EBITDA ratio for the last quarter was at 0.25, suggesting that Nextracker has been reasonably profitable.

Stock Price

The stock price currently stands at $66.31 and has seen an upward trend with an increase of 9.2% in the past month and a significant growth of 40% over the past year, reflecting investor confidence in Nextracker's performance and future prospects.

The RSI value is at 71.68 which suggests that the stock may be approaching overbought territory and might see some pullback or consolidation in near term.The PE ratio stands at 19.11 indicating that investors are willing to pay high prices because they expect high growth rates in future earnings.

Alternative Data Signals

Nextracker's web traffic is estimated to be around 37527 visitors per month showing an uptick by 9.1%, however it shows a decrease by -22.% on YoY basis which could indicate decreased interest or engagement among consumers or potential investors.

Job openings have increased significantly both MoM (30%) and YoY (45.5%) suggesting that the company is in expansion mode.

The overall positive business outlook reported by 87% of employees indicates a healthy internal sentiment about the company's future prospects.

Social Media

Nextracker has seen an increase in followers across all social media platforms over the last 90 days, indicating growing interest and engagement from the public.

Conclusion

Based on the financial performance, stock price trends, alternative data signals and social media presence, Nextracker's stock shows signs of strength and growth potential despite some areas of concern such as decreasing YoY revenue and high RSI value. Therefore, it can be considered as moderately bullish.

Note: This AI Stock Analysis is based on data as of July 04. Our members can refresh and get access to an up-to-date AI stock analysis.

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Nextracker (NXT) Price Prediction

Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Nextracker (NXT), currently trading at $61.68, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.

About NXT

LSE

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NXT Alternative Data

Web Traffic

Nextracker receives an estimated 29611 monthly visitors to nextracker.com, which is down by -21.1% over the last month.

  • Web Traffic

    29611

  • Change from Previous Month

    21.1%

  • 3 Month Change

    33.7%

  • YoY Change

    33.7%

Twitter Followers

Nextracker has 3,069 Twitter Followers on its main Twitter (also known as X) account, which is up by 0.5% over the last month.

  • Twitter Followers

    3069

  • Daily Change

    0%

  • 1 Month Change

    0.5%

  • 3 Month Change

    0.2%

  • YoY Change

    0.2%

Facebook Engagement

Nextracker has engaged 13 users via their Facebook Page over the last 7 days.

  • Facebook Engagement

    13

  • Daily Change

    8.3%

  • 1 Month Change

    1200%

  • 3 Month Change

    225%

  • YoY Change

    225%

Instagram Followers

Nextracker has 3,283 Instagram Followers on its main Instagram account, up by 2.2% over the last month.

  • Instagram Followers

    3283

  • Daily Change

    0.1%

  • 1 Month Change

    2.2%

  • 3 Month Change

    6.5%

  • YoY Change

    6.5%

Youtube Subscribers

Nextracker has 3,320 subscribers on its main Youtube channel, up by 0.9% over the last month.

  • Youtube Subscribers

    3320

  • Daily Change

    0.3%

  • 1 Month Change

    0.9%

  • 3 Month Change

    2.5%

  • YoY Change

    2.5%

LinkedIn Followers

89,339 are following Nextracker on LinkedIn, up by 2.7% over the last month.

  • LinkedIn Followers

    89339

  • Daily Change

    0.1%

  • 1 Month Change

    2.7%

  • 3 Month Change

    9%

Job Postings

Nextracker currenly has an estimated 238 open job postings, up by 28.6% over the last month.

  • Job Postings

    238

  • Daily Change

    2.1%

  • 1 Month Change

    28.6%

  • 3 Month Change

    56.6%

  • YoY Change

    56.6%

LinkedIn Employees

According to LinkedIn, Nextracker has 1,382 employees, up by 2.3% over the last month.

  • LinkedIn Employees

    1382

  • Daily Change

    0.2%

  • 1 Month Change

    2.3%

  • 3 Month Change

    12.4%

  • YoY Change

    12.4%

Reddit Mentions

Nextracker has been mentioned an estimated 1 times in investment subreddits on Reddit over the last 24 hours.

  • Reddit Mentions

    1

  • Daily Change

    0%

  • 1 Month Change

    0%

  • 3 Month Change

    0%

Business Outlook

According to employee reviews, the business outlook among employees at Nextracker is 87 out of 100 (very bullish), up by 1.2% over the last month.

  • Business Outlook

    87

  • Change from Previous Month

    1.2%

  • 3 Month Change

    4.8%

  • YoY Change

    4.8%

News Mentions

Nextracker was mentioned 2 times in the news yesterday.

  • News Mentions

    2

  • Daily Change

    0%

  • 1 Month Change

    0%

  • 3 Month Change

    0%

NXT Financials

NXT Key Metrics
  • Total Revenue

    $679.4M

  • Net Income

    $115.3M

  • Earnings per Share

    $0.8

  • Free cash flow

    $134.9M

  • EBITDA

    $150.2M

  • EBITDA Ratio

    0.221142

  • Total Assets

    $3B

NXT 2-year Revenue & Income
NXT 2-year Free Cash Flow

NXT Technicals

NXT SMA
NXT RSI

FAQ

What's the current price of Nextracker (NXT) Stock?
The price of an Nextracker (NXT) share is $61.68.

What's the market cap of Nextracker?
The current market cap of Nextracker is 9.1B.

Should I buy or sell NXT?
Multiple alternative data signals suggest that Nextracker stock could offer a buying opportunity at its current level, with a reasonable expectation for positive performance in the mid term.

Is Nextracker a good investment?
Based on an in-depth analysis that encompasses fundamentals, technical analysis, and alternative data insights, it appears to be a favorable time to consider investing in Nextracker stock. The bullish indicators suggest that Nextracker's growth prospects and market position may lead to a positive performance in the foreseeable future.

Is now a good time to buy Nextracker (NXT) Stock?
Based on an analysis that includes fundamentals, technical analysis, and alternative data insights, it could be a favorable time to consider buying Nextracker stock, given the bullish outlook.

What are some stocks similar to Nextracker (NXT) that investors often compare it to?
Nextracker (NXT) is often compared to similar stocks such as Canadian Solar, First Solar, Sunrun, Enphase Energy and Solaredge.

What is the forecast for Nextracker's stock price in 2026?
Using a mix of financial analysis, technical indicators, and alternative data, we forecast Nextracker's stock price to be around $66.76 in 2026. Starting from the current price of $61.68, this represents a 8.2% change in price, indicating a bullish outlook for the stock.

How to buy Nextracker (NXT) Stock?
Nextracker stock is available for purchase through numerous brokerage firms, including online platforms. Investors can also buy Nextracker shares via trading apps on their smartphones or by utilizing services like robo-advisors for automated investing.