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Upturn AI SWOT - About
Nextracker Inc. Class A Common Stock (NXT)
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Upturn Advisory Summary
10/22/2025: NXT (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
30 Analysts rated it
Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.
1 Year Target Price $83.12
1 Year Target Price $83.12
| 16 | Strong Buy |
| 8 | Buy |
| 6 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -28.42% | Avg. Invested days 29 | 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 10/22/2025 |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 13.27B USD | Price to earnings Ratio 24.44 | 1Y Target Price 83.12 |
Price to earnings Ratio 24.44 | 1Y Target Price 83.12 | ||
Volume (30-day avg) 30 | Beta 2.27 | 52 Weeks Range 30.93 - 93.90 | Updated Date 10/22/2025 |
52 Weeks Range 30.93 - 93.90 | Updated Date 10/22/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 3.67 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date 2025-10-22 | When - | Estimate 0.63 | 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 24.44 | Forward PE 19.53 | Enterprise Value 11345695486 | Price to Sales(TTM) 4.28 |
Enterprise Value 11345695486 | Price to Sales(TTM) 4.28 | ||
Enterprise Value to Revenue 3.66 | Enterprise Value to EBITDA 15.84 | Shares Outstanding 147963974 | Shares Floating 147088027 |
Shares Outstanding 147963974 | Shares Floating 147088027 | ||
Percent Insiders 0.52 | Percent Institutions 104.15 |
Upturn AI SWOT
Nextracker Inc. Class A Common Stock
Company Overview
History and Background
Nextracker Inc. was founded in 2013 and is headquartered in Fremont, California. It became an independent company in 2022, after being acquired by Flex in 2015. It went public in February 2023, offering Class A common stock.
Core Business Areas
- Tracker Systems: Designs, manufactures, and provides advanced solar tracking systems that optimize energy production for utility-scale and distributed generation solar power plants.
- Software and Services: Offers software and services to enhance the performance and manage the operations of solar power plants using its tracking systems.
Leadership and Structure
Dan Shugar is the CEO of Nextracker. The company has a typical corporate structure with various departments reporting to the executive team and board of directors.
Top Products and Market Share
Key Offerings
- NX Horizon: NX Horizon is Nextracker's flagship horizontal single-axis tracker system. It is designed for utility-scale solar projects. Nextracker has consistently maintained a leading market share in the global solar tracker market. Competitors include Array Technologies, PV Hardware (PVH), and Arctech Solar.
- Revenue: Data unavailable for direct listing.
Market Dynamics
Industry Overview
The solar energy industry is experiencing substantial growth, driven by increasing global demand for renewable energy, declining solar panel costs, and government incentives. The solar tracker market is a key component of this industry, enhancing the efficiency of solar power plants.
Positioning
Nextracker is a leading global provider of solar tracker solutions, with a strong reputation for technology innovation, product quality, and customer service. They hold a leading market share position.
Total Addressable Market (TAM)
The global solar tracker market is projected to reach tens of billions of dollars by 2030. Nextracker is well-positioned to capture a significant portion of this TAM with its leading market share and product offerings.
Upturn SWOT Analysis
Strengths
- Leading market share in the solar tracker industry
- Strong brand recognition and reputation
- Innovative technology and product development
- Global presence and customer base
Weaknesses
- Dependence on the solar energy market
- Exposure to commodity price fluctuations (steel)
- Relatively new public company
Opportunities
- Expanding solar energy market growth
- Increased demand for high-efficiency solar solutions
- Geographic expansion into emerging markets
- Product diversification into related energy technologies
Threats
- Competition from other solar tracker manufacturers
- Changes in government regulations and incentives
- Economic downturns impacting solar project development
- Supply chain disruptions and cost increases
Competitors and Market Share
Key Competitors
- ARRY
- PVH
- ASC
Competitive Landscape
Nextracker's advantages include its leading market share, established brand, and innovative technology. Disadvantages might include greater valuation compared to peers and dependence on the solar market.
Growth Trajectory and Initiatives
Historical Growth: Nextracker has experienced strong growth in recent years, driven by the expanding solar energy market and its leading market position.
Future Projections: Analyst estimates for Nextracker's future growth are available from various financial news and research providers. Typically show continued robust growth.
Recent Initiatives: Recent strategic initiatives include expanding manufacturing capacity, developing new tracker technologies, and entering new geographic markets.
Summary
Nextracker is a leading solar tracking company benefiting from the growth in renewable energy. With a strong market position and innovative technology, Nextracker is well-positioned for continued growth. However, it faces competition and dependence on the solar energy market, requiring the company to diversify its offerings and efficiently navigate the supply chain.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings (10-K, 10-Q)
- Company Investor Relations Website
- Industry Reports
- Financial News Providers
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence.
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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