Why Nextracker Stock Surged Over 25% Today

Shares of solar company Nextracker (NXT 21.53%) are soaring today. The provider of integrated solar trackers that follow the sun's movement reported fiscal third-quarter earnings results and raised its 2025 fiscal year profit outlook.That led to the stock surging as much as 26.2% and pushed analysts to raise price targets on the shares. As of 11:20 a.m. ET, Nextracker stock remained higher by 21.9%.Optimizing solar powerNextracker's intelligent solar trackers optimize the performance of commercial solar pla ...