While Nextracker Inc has underperformed by -3.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NXT rose by 75.03%, with highs and lows ranging from $67.87 to $30.93, whereas the simple moving average jumped by 45.80% in the last 200 days.
On May 15, 2025, TD Cowen Reiterated Nextracker Inc (NASDAQ: NXT) to Hold. A report published by Fox Advisors on May 15, 2025, Downgraded its rating to ‘Equal Weight’ for NXT. RBC Capital Mkts Initiated an Outperform rating on March 17, 2025, and assigned a price target of $55. Jefferies January 29, 2025d its ‘Hold’ rating to ‘Buy’ for NXT, as published in its report on January 29, 2025. Barclays’s report from January 29, 2025 suggests a price prediction of $60 for NXT shares, giving the stock a ‘Overweight’ rating. TD Cowen also rated the stock as ‘Hold’.
Analysis of Nextracker Inc (NXT)
Further, the quarter-over-quarter increase in sales is 25.50%, showing a positive trend in the upcoming months.
One of the most important indicators of Nextracker Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 39.33% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.84, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and NXT is recording 2.54M average volume. On a monthly basis, the volatility of the stock is set at 4.86%, whereas on a weekly basis, it is put at 6.62%, with a gain of 17.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $64.65, showing growth from the present price of $63.94, which can serve as yet another indication of whether NXT is worth investing in or should be passed over.
How Do You Analyze Nextracker Inc Shares?
The Solar market is dominated by Nextracker Inc (NXT) based in the USA. When comparing Nextracker Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 18.46, there is a growth in quarterly earnings of -23.90%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.88%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 103.83% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
NXT shares are owned by institutional investors to the tune of 103.83% at present.
