Investors Heavily Search Nextracker Inc. (NXT): Here is What You Need to Know

Shares of this solar energy equipment supplier have returned +30.3% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Solar industry, to which Nextracker belongs, has gained 16.4% over this period. Now the key question is: Where could the stock be headed in the near term? Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present val ...