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Nextracker Inc. (NXT)

(Delayed Data from NSDQ)

$47.14 USD

47.14
2,194,745

-0.28 (-0.59%)

Updated Jul 23, 2024 04:00 PM ET

After-Market: $47.10 -0.04 (-0.08%) 7:08 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 Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value B Growth C Momentum B 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 14% (216 out of 250)

Industry: Solar

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Zacks News

Are Oils-Energy Stocks Lagging Marathon Petroleum (MPC) This Year?

by Zacks Equity Research

Here is how Marathon Petroleum (MPC) and Nextracker (NXT) have performed compared to their sector so far this year.

Reasons to Add Nextracker (NXT) Stock to Your Portfolio Now

by Zacks Equity Research

Nextracker (NXT) makes a strong case for investment in the Solar space with its rising backlog, improved liquidity and rising earnings estimates.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: NVIDIA, Dell, Modine in Focus

by Abhinab Dasgupta

Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.

Zacks Investment Ideas feature highlights: Textron, Lockheed Martin, AppLovin, Nvidia's and Nextracker

by Zacks Equity Research

Textron, Lockheed Martin, AppLovin, Nvidia's and Nextracker are part of the Zacks Investment Ideas

Benjamin Rains headshot

3 Top-Ranked, Market-Beating Stocks to Buy

by Benjamin Rains

Digging into 3 Zacks Rank #1 (Strong Buy) stocks--Textron (TXT), Nextracker (NXT), and AppLovin (APP)--that have blown away the market in 2024 that investors might want to buy for long-term upside.

Shaun Pruitt headshot

Time to Buy These Top-Rated Solar Industry Stocks for a Rebound

by Shaun Pruitt

Naturally, a more stable inflationary environment is critical for solar industry stocks and many of these equities look poised for an extended rebound with potential rate cuts looming this year.

Occidental (OXY) Gains From Investments, Permian Basin Focus

by Zacks Equity Research

Occidental's (OXY) strong presence in the Permian Basin and systematic investment to expand operations will provide support amid a competitive industry.

Are Oils-Energy Stocks Lagging Murphy USA (MUSA) This Year?

by Zacks Equity Research

Here is how Murphy USA (MUSA) and Nextracker (NXT) have performed compared to their sector so far this year.

Devon (DVN) Gains From Multi-Basin Assets & Debt Management

by Zacks Equity Research

Devon's (DVN) investments, debt management and strong production from multi-basin assets gels well for growth. Yet, competitive industry and volatile commodity price are headwinds.

Duolingo and Sea Limited have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Duolingo and Sea Limited have been highlighted as Zacks Bull and Bear of the Day.

Nilanjan Banerjee headshot

Embrace Clean Energy, Focus on These 3 Shining Solar Stocks

by Nilanjan Banerjee

Almost all the regions of the United States in 2024 will see increasing electricity generation from renewables. Maxeon Solar (MAXN), Nextracker (NXT) and First Solar (FSLR) are thus well poised to gain.

Is Murphy USA (MUSA) Stock Outpacing Its Oils-Energy Peers This Year?

by Zacks Equity Research

Here is how Murphy USA (MUSA) and Nextracker (NXT) have performed compared to their sector so far this year.

Abhinab Dasgupta headshot

Take the Zacks Approach to Beat the Market: Carrols, Nextracker, Costco in Focus

by Abhinab Dasgupta

Our time-tested methodologies were at work to help investors navigate the market well last week. Here are some of our key performance data from the past three months.

SolarEdge (SEDG) Installs Newly Certified 330kW Inverter in US

by Zacks Equity Research

SolarEdge (SEDG), with the installation of its 330 kW inverter, is set to provide efficient and reliable solutions to the community solar segment in the United States.

Andrew Rocco headshot

5 Signs of an IPO Resurgence

by Andrew Rocco

After a string of disappointing years, the IPO market is on the mend. The IPO resurgence is a healthy sign for equity market and will provide investors with more early-stage growth opportunities in 2024.

Nextracker and Archer Daniels Midland have been highlighted as Zacks Bull and Bear of the Day

by Zacks Equity Research

Nextracker and Archer Daniels Midland have been highlighted as Zacks Bull and Bear of the Day.

Andrew Rocco headshot

Bull of the Day: Nextracker (NXT)

by Andrew Rocco

Nextracker stands out as a Zacks Rank #1 (Strong Buy) stock specializing in solar tracking solutions for power plants. While the solar industry faces challenges from higher interest rates, Nextracker defies the trend with its unique technology.

Zacks Investment Ideas feature highlights: Invesco Solar, NextEra, First Solar, Nextracker and Nvidia

by Zacks Equity Research

Invesco Solar, NextEra, First Solar, Nextracker and Nvidia have been highlighted in this Investment Ideas article.

Andrew Rocco headshot

Solar Industry Update: One Solar Company Shines Above the Rest

by Andrew Rocco

Higher interest rates cause challenges to the solar industry due to increased financing costs. Solar stocks have plummeted as a result. However, despite the industry downturn, opportunities exist. Stock Strategist Andrew Rocco explains.

Earnings Estimates Rising for Nextracker (NXT): Will It Gain?

by Zacks Equity Research

Nextracker (NXT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Zacks Industry Outlook Highlights First Solar, Nextracker and SunPower

by Zacks Equity Research

First Solar, Nextracker and SunPower have been highlighted in this Industry Outlook article.

Aparajita Dutta headshot

3 Solar Stocks to Watch Amid Declining Solar Module Pricing

by Aparajita Dutta

Inflation Reduction Act (IRA) benefits and increasing installation activities should benefit U.S. solar industry amid declining module pricing. You may keep FSLR, NXT and SPWR in your watchlist.

Nextracker (NXT) to Report Q3 Earnings: What's in the Cards?

by Zacks Equity Research

Nextracker's (NXT) fiscal third-quarter 2024 results are likely to reflect the benefits of robust product demand amid the impact of higher operating expenses.

Kinder Morgan (KMI) to Report Q4 Earnings: What to Expect?

by Zacks Equity Research

Declining revenues from Kinder Morgan's (KMI) Natural Gas Pipelines and Terminal segments are likely to have affected its Q4 earnings.

First Solar (FSLR) Unveils 3.3 GW Manufacturing Facility in India

by Zacks Equity Research

First Solar (FSLR), with the launch of its manufacturing facility in Tamil Nadu, continues to expand its presence in India's solar market.