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Nextracker Inc. (NXT)

(Real Time Quote from BATS)

$36.01 USD

36.01
687,765

-0.11 (-0.31%)

Updated Oct 3, 2024 01:28 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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3-Hold of 5     3    

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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A 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

Bottom 34% (167 out of 252)

Industry: Solar

Better trading starts here.

Zacks News

Why Nextracker (NXT) is Poised to Beat Earnings Estimates Again

Nextracker (NXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Is Nextracker (NXT) a Buy as Wall Street Analysts Look Optimistic?

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?

How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Why the Market Dipped But Nextracker (NXT) Gained Today

In the most recent trading session, Nextracker (NXT) closed at $38.03, indicating a +1.47% shift from the previous trading day.

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

Nextracker (NXT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Nextracker (NXT) Stock Sinks As Market Gains: What You Should Know

Nextracker (NXT) closed at $36.73 in the latest trading session, marking a -0.33% move from the prior day.

Nextracker (NXT) Suffers a Larger Drop Than the General Market: Key Insights

Nextracker (NXT) closed the most recent trading day at $36.84, moving -1.34% from the previous trading session.

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

Nextracker (NXT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Nextracker (NXT) Rises But Trails Market: What Investors Should Know

Nextracker (NXT) closed at $35.83 in the latest trading session, marking a +0.11% move from the prior day.

Nextracker (NXT) Ascends While Market Falls: Some Facts to Note

In the most recent trading session, Nextracker (NXT) closed at $37.46, indicating a +0.62% shift from the previous trading day.

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.

Nextracker (NXT) Stock Moves 0.82%: What You Should Know

The latest trading day saw Nextracker (NXT) settling at $40.57, representing a +0.82% change from its previous close.

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.