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Upturn AI SWOT - About
Nextracker Inc. Class A Common Stock (NXT)
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Upturn Advisory Summary
09/15/2025: NXT (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
30 Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $70.84
1 Year Target Price $70.84
| 16 | Strong Buy |
| 8 | Buy |
| 6 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -44.7% | Avg. Invested days 27 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 10.12B USD | Price to earnings Ratio 18.17 | 1Y Target Price 70.84 |
Price to earnings Ratio 18.17 | 1Y Target Price 70.84 | ||
Volume (30-day avg) 30 | Beta 2.27 | 52 Weeks Range 30.93 - 71.44 | Updated Date 09/15/2025 |
52 Weeks Range 30.93 - 71.44 | Updated Date 09/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.67 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 17.55% | Operating Margin (TTM) 21.67% |
Management Effectiveness
Return on Assets (TTM) 13.81% | Return on Equity (TTM) 37.34% |
Valuation
Trailing PE 18.17 | Forward PE 16.42 | Enterprise Value 9448305825 | Price to Sales(TTM) 3.26 |
Enterprise Value 9448305825 | Price to Sales(TTM) 3.26 | ||
Enterprise Value to Revenue 3.04 | Enterprise Value to EBITDA 13.19 | Shares Outstanding 147964000 | Shares Floating 146932665 |
Shares Outstanding 147964000 | Shares Floating 146932665 | ||
Percent Insiders 0.54 | Percent Institutions 103.61 |
Upturn AI SWOT
Nextracker Inc. Class A Common Stock
Company Overview
History and Background
Nextracker Inc. was founded in 2013 and went public in 2023. It quickly became a leading global provider of intelligent, integrated solar tracker and software solutions for utility-scale and distributed generation solar power plants.
Core Business Areas
- Solar Tracker Systems: Designs, manufactures, and sells advanced solar trackers that optimize energy production by orienting solar panels towards the sun.
- Software and Services: Offers software and services that monitor and control tracker performance, optimize energy yield, and provide operational insights.
Leadership and Structure
Dan Shugar serves as the Chief Executive Officer. The company operates with a functional organizational structure, focusing on engineering, manufacturing, sales, and services.
Top Products and Market Share
Key Offerings
- NX Horizon: Nextracker's flagship product, a horizontal single-axis tracker. Nextracker has held the top global market share position in solar trackers for several years. Competitors include Array Technologies and PV Hardware.
- NX Navigator: Software platform for optimizing solar plant performance. Enhances energy yield and provides real-time monitoring and control. Competitors include Locus Energy and AlsoEnergy.
- TrueCapture: Advanced tracking control system that optimizes energy gains in diffuse light conditions. Improves energy production and plant ROI. Competitors include Arctech Solar and Ideematec.
Market Dynamics
Industry Overview
The solar tracker market is experiencing significant growth driven by the increasing adoption of solar energy worldwide. Factors include declining solar panel costs, government incentives, and growing environmental concerns.
Positioning
Nextracker holds a leading position in the solar tracker market due to its innovative technology, global presence, and strong customer relationships. They compete on price, technology, and service.
Total Addressable Market (TAM)
The TAM for solar trackers is estimated to be in the tens of billions of dollars annually. Nextracker is well-positioned to capture a significant share of this market.
Upturn SWOT Analysis
Strengths
- Market leadership in solar tracking solutions
- Strong brand reputation and customer relationships
- Innovative technology and R&D capabilities
- Global manufacturing and distribution network
- Experienced management team
Weaknesses
- Reliance on the solar energy market, making it susceptible to market fluctuations
- Exposure to commodity price volatility (steel)
- Potential supply chain disruptions
- Dependence on a few key customers
- Relatively new public company.
Opportunities
- Expanding solar energy markets in emerging economies
- Increasing demand for energy storage solutions
- Development of new tracker technologies and software solutions
- Strategic partnerships and acquisitions
- Government incentives for renewable energy projects
Threats
- Intense competition from other solar tracker manufacturers
- Changes in government regulations and policies
- Economic downturns and project delays
- Technological obsolescence
- Rising material costs
Competitors and Market Share
Key Competitors
- ARRY
- PVH
- CRGY
Competitive Landscape
Nextracker holds a competitive advantage through its innovation, technology, scale, and global customer base. It faces competition on pricing and technological advancement.
Growth Trajectory and Initiatives
Historical Growth: Nextracker has experienced rapid growth in revenue and market share over the past few years, driven by the increasing demand for solar energy.
Future Projections: Analyst projections for Nextracker's future growth are generally positive, with expectations for continued expansion in revenue and profitability.
Recent Initiatives: Nextracker has focused on expanding its global presence, investing in R&D, and developing new software solutions to enhance tracker performance.
Summary
Nextracker is a market leader in solar tracking solutions, leveraging its innovation and global presence. While it benefits from the growing solar energy market, it must address potential risks such as competition, commodity price volatility, and regulatory changes. The company's focus on R&D and strategic partnerships positions it for continued growth. It needs to maintain financial stability to ensure investor confidence, since it is a young public company.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Industry Reports
- Analyst Reports
- Company Press Releases
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance may change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Nextracker Inc. Class A Common Stock
Exchange NASDAQ | Headquaters Fremont, CA, United States | ||
IPO Launch date 2023-02-09 | Co-Founder, CEO & Director Mr. Daniel S. Shugar | ||
Sector Technology | Industry Solar | Full time employees 1300 | Website https://www.nextracker.com |
Full time employees 1300 | Website https://www.nextracker.com | ||
Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextracker Inc. was founded in 2013 and is headquartered in Fremont, California.
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