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 TakeawaysNextracker shares powered higher in extended trading Tuesday after the maker of solar tracking solutions posted quarterly earnings and revenue above Wall Street expectations.The company recorded a backlog of $4 billion in the 2024 fiscal year, driven by robust demand in U.S. and international markets.Monitor the $47 level, an area where the price encounters key overhead resistance from a horizontal line connecting three chart peaks over the past nine months. Nextracker (NXT) shares jumped nearl ...

Nextracker (NXT) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 62.71%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of $0.49 per share when it actually produced earnings of $0.96, delivering a surprise of 95.92%.Over the last four quar ...

Horizon XTRTM terrain following tracker, first delivered in 2019 This presentation is made by Nextracker Inc. (the "Company") and contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that involve substantial risks and uncertainties. All statements other than historical factual information are forward-looking statements, including without limitation statements regarding: our financi ...