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Nextracker Inc. (NXT)

(Delayed Data from NSDQ)

$42.21 USD

42.21
2,747,709

+0.10 (0.24%)

Updated Aug 26, 2024 04:00 PM ET

After-Market: $42.40 +0.19 (0.45%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value A Growth D Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 38% (96 out of 251)

Industry: Solar

Better trading starts here.

Zacks News

Brokers Suggest Investing in Nextracker (NXT): Read This Before Placing a Bet

The average brokerage recommendation (ABR) for Nextracker (NXT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Canadian Solar (CSIQ) Q2 Earnings Beat, Revenues Fall Y/Y

Canadian Solar's (CSIQ) Q2 earnings top estimates. Its revenues decrease 30.8% year over year due to a decline in module ASPs.

Emeren Group (SOL) Q2 Earnings Miss Estimates, Revenues Top

Emeren Group's (SOL) second-quarter earnings lag estimates, while revenues beat. The company's 2024 earnings outlook remains unchanged.

Nextracker Inc. (NXT) Is a Trending Stock: Facts to Know Before Betting on It

Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Wall Street Bulls Look Optimistic About Nextracker (NXT): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Nextracker (NXT). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

SolarEdge Technologies (SEDG) Q2 Loss Widens, Revenues Fall Y/Y

SolarEdge Technologies' (SEDG) second-quarter loss widens. Its revenues decline 73.2% year over year, driven by lower revenues from its solar segment.

Investors Heavily Search Nextracker Inc. (NXT): Here is What You Need to Know

Recently, Zacks.com users have been paying close attention to Nextracker (NXT). This makes it worthwhile to examine what the stock has in store.

Nextracker (NXT) Surpasses Q1 Earnings and Revenue Estimates

Nextracker (NXT) delivered earnings and revenue surprises of 40.91% and 16.47%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

First Solar (FSLR) Q2 Earnings Beat Estimates, Sales Rise Y/Y

First Solar's (FSLR) second-quarter sales and earnings top estimates. The company's 2024 EPS outlook remains unchanged.

Aparajita Dutta headshot

Nextracker (NXT) to Report Q1 Earnings: What's in the Cards?

Nextracker's (NXT) first-quarter fiscal 2025 results are likely to reflect the benefits of soaring solar demand and 45X credit amid the adverse impacts of rising R&D expenses.

Here is What to Know Beyond Why Nextracker Inc. (NXT) is a Trending Stock

Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Enphase Energy (ENPH) Q2 Earnings Miss, Revenues Down Y/Y

Enphase Energy's (ENPH) second-quarter revenues and earnings lag estimates. However, adjusted operating expenses decline 16.8%.

Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nextracker (NXT) closed at $47.14 in the latest trading session, marking a -0.59% move from the prior day.

Aparajita Dutta headshot

3 Solar Stocks to Watch as Interest Rates Remain High

Near-term expectation for solar installation remains solid amid bleak residential installation view and the impact of China's oversupply of solar modules. You may keep FSLR, ENPH and NXT in your portfolio.

Nextracker (NXT) Surpasses Market Returns: Some Facts Worth Knowing

Nextracker (NXT) closed at $48.09 in the latest trading session, marking a +0.67% move from the prior day.

Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know

Zacks.com users have recently been watching Nextracker (NXT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Wall Street Analysts Think Nextracker (NXT) Is a Good Investment: Is It?

The average brokerage recommendation (ABR) for Nextracker (NXT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Here's Why Nextracker (NXT) Gained But Lagged the Market Today

In the latest trading session, Nextracker (NXT) closed at $48.52, marking a +0.41% move from the previous day.

Nextracker (NXT) Is Considered a Good Investment by Brokers: Is That True?

Based on the average brokerage recommendation (ABR), Nextracker (NXT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Investors Heavily Search Nextracker Inc. (NXT): Here is What You Need to Know

Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Nextracker (NXT) Outperforms Broader Market: What You Need to Know

Nextracker (NXT) concluded the recent trading session at $60.53, signifying a +0.41% move from its prior day's close.

Arista Networks and Rockwell Automation have been highlighted as Zacks Bull and Bear of the Day

Arista Networks and Rockwell Automation have been highlighted as Zacks Bull and Bear of the Day

Nilanjan Banerjee headshot

Solar Revolution Gaining Traction: 3 Stocks to Keep an Eye on

With solar energy likely responsible for majority of the increase in domestic power generation, SunPower (SPWR), Nextracker (NXT) and First Solar (FSLR) are well poised to gain.

Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Nextracker (NXT) concluded the recent trading session at $55.81, signifying a -0.91% move from its prior day's close.

Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know

Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.