Northland Capmk Increases Earnings Estimates for Nextracker

Nextracker Inc. (NASDAQ:NXTFree Report) – Stock analysts at Northland Capmk upped their FY2025 earnings per share (EPS) estimates for shares of Nextracker in a research report issued to clients and investors on Wednesday, January 29th. Northland Capmk analyst G. Richard now forecasts that the company will post earnings per share of $3.30 for the year, up from their prior estimate of $2.68. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Nextracker’s current full-year earnings is $3.29 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.

Nextracker (NASDAQ:NXTGet Free Report) last released its earnings results on Tuesday, January 28th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.31. Nextracker had a net margin of 20.12% and a return on equity of 41.22%.

A number of other research firms also recently weighed in on NXT. Jefferies Financial Group upgraded shares of Nextracker from a “hold” rating to a “buy” rating and lifted their price target for the stock from $46.00 to $56.00 in a research note on Wednesday, January 29th. Barclays raised shares of Nextracker from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $47.00 to $60.00 in a research report on Wednesday, January 29th. Susquehanna lifted their price objective on Nextracker from $50.00 to $54.00 and gave the company a “positive” rating in a report on Wednesday, January 29th. JPMorgan Chase & Co. raised their target price on Nextracker from $58.00 to $61.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 29th. Finally, Northland Securities reaffirmed an “outperform” rating and issued a $55.00 price target (up previously from $48.00) on shares of Nextracker in a research note on Wednesday, January 29th. Three investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $56.50.

Check Out Our Latest Analysis on Nextracker

Nextracker Trading Up 2.4 %

Shares of NXT stock opened at $49.75 on Monday. The company has a current ratio of 2.20, a quick ratio of 1.96 and a debt-to-equity ratio of 0.10. Nextracker has a 1 year low of $30.93 and a 1 year high of $62.31. The firm’s fifty day simple moving average is $39.85 and its 200 day simple moving average is $38.99. The firm has a market capitalization of $7.24 billion, a P/E ratio of 12.66 and a beta of 2.13.

Insider Transactions at Nextracker

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

Institutional Investors Weigh In On Nextracker

Hedge funds have recently bought and sold shares of the company. State Street Corp increased its holdings in shares of Nextracker by 15.8% in the third quarter. State Street Corp now owns 5,070,473 shares of the company’s stock valued at $190,041,000 after purchasing an additional 690,343 shares during the last quarter. Geode Capital Management LLC grew its stake in Nextracker by 23.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,593,938 shares of the company’s stock valued at $134,724,000 after buying an additional 679,272 shares during the last quarter. Wellington Management Group LLP raised its holdings in Nextracker by 25.5% in the 3rd quarter. Wellington Management Group LLP now owns 3,392,992 shares of the company’s stock valued at $127,169,000 after acquiring an additional 688,810 shares during the period. Victory Capital Management Inc. lifted its position in Nextracker by 15.4% during the third quarter. Victory Capital Management Inc. now owns 2,367,636 shares of the company’s stock worth $88,739,000 after acquiring an additional 315,199 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Nextracker by 36.0% during the fourth quarter. Handelsbanken Fonder AB now owns 2,278,217 shares of the company’s stock worth $83,223,000 after acquiring an additional 602,600 shares during the period. 67.41% of the stock is currently owned by institutional investors and hedge funds.

Nextracker Company Profile

(Get Free Report)

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.

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Earnings History and Estimates for Nextracker (NASDAQ:NXT)

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