In this article Christoph Dernbach | Picture Alliance | Getty Images But Dan Shugar, the CEO of Nextracker, said the low cost and rapid deployment of solar as well as the ambitious climate goals of Big Tech will make renewable energy the preferred power choice for data centers. Stock Chart IconStock chart icon When including wind power, there are about 1,400 gigawatts of renewables seeking connection, which is more than the entire installed capacity of the U.S. electric grid. Gas projects, on the other hand ...

Shares of the solar energy equipment supplier have appreciated by 28.79% over the course of the past month, outperforming the Oils-Energy sector's loss of 2.35% and the S&P 500's gain of 4.59%. Market participants will be closely following the financial results of Nextracker in its upcoming release. The company's earnings per share (EPS) are projected to be $0.61, reflecting a 27.08% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $618.56 mill ...

Nextracker (NXT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this solar energy equipment supplier have returned +19.7%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Solar industry, which Nextracker falls in, has gained 30.1%. The key question now is: What could be the stock's future direction? Although media r ...

In the latest market close, Nextracker (NXT) reached $56.65, with a +0.6% movement compared to the previous day. The stock's change was more than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow saw a downswing of 0.86%, while the tech-heavy Nasdaq depreciated by 1.08%. Prior to today's trading, shares of the solar energy equipment supplier had gained 31.35% over the past month. This has outpaced the Oils-Energy sector's loss of 3.84% and the S&P 500's gain of 3.15% in that time. Analysts and investors ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-41617 Nextracker Inc. (Exact name of registrant as specified in its charter) | Delaware | | --- | (State or other jurisdiction of (I.R. ...

Nextracker (NXT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this solar energy equipment supplier have returned +5.9%, compared to the Zacks S&P 500 composite's +7.3% change. During this period, the Zacks Solar industry, which Nextracker falls in, has gained 10.9%. The key question now is: What could be the stock's future directi ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Nextracker (NXT) . Nextracker currently has an average brokerage ...

Key Points Nextracker stock surges on solid results, indicating rising demand and another year of outperformance. Analysts are adjusting their price targets and see this stock rising at least 17% and possibly setting a new high. Surging profits and a rapidly improving balance sheet will drive value for shareholders. 5 stocks we like better than Nextracker Nextracker NASDAQ: NXT shares surged more than 10%, giving signs of bottoming and reversal that could return the market to its all-time highs. The surge i ...

Company Participants Conference Call Participants Operator At this time for opening remarks, I'd like to pass the call over to Mary Lai, Vice President of Investor Relations. Mary you may begin. Thank you, and good afternoon, everyone. Welcome to Nextracker's fourth quarter and full fiscal year 2024 earnings call. I'm Mary Lai, Vice President of Investor Relations. I'm joined by Dan Shugar our CEO and Founder; Howard Wenger, our President; and Dave Bennettm our CFO. For more information on those risks and u ...

Key Takeaways Nextracker (NXT) shares jumped nearly 13% in extended trading Tuesday after the maker of intelligent solar tracker solutions topped Wall Street's quarterly estimates amid growing demand in U.S. and global markets. For the fiscal fourth quarter ending March 31, the Fremont, California-based company, which spun off from diversified manufacturer Flex (FLEX) in January, reported adjusted earnings of 96 cents per share, powering past the 78-cents-a-share forecast expected by analysts. Revenue in th ...