Nextracker Inc. - Class A Common Stock (NXT)

NEXTRACKER INC-CL A (NASDAQ:NXT) offers strong growth, solid profitability, and reasonable valuation, making it an attractive candidate for investors seeking affordable growth stocks in the solar sector.

Nextracker Inc. (NASDAQ: NXT) surpasses 10 GW of solar tracker deployments in India, opens new office to support growth and clean energy goals.

Stocks were moving lower to end the week as tariff concerns returned; however NVIDIA earnings next week may help investors climb the wall of worry

A number of stocks fell in the morning session after a GOP bill was passed to end some of the tax benefits granted to clean energy companies during the Biden administration. 

Mizuho analyst Maheep Mandloi said the faster phaseout of tax credits was expected but warned that stricter rules on “foreign entities of concern” and a 2026–2028 cut-off pose a greater risk to the sector.

NEXTRACKER INC-CL A (NXT) meets Minervini’s Trend Template with strong technicals and high growth momentum, making it a candidate for growth investors. The stock scores a perfect 10 on technical health but may need consolidation before an optimal entry.

Nextracker is on track to set record-high stock prices in 2025 due to accelerating growth and expanding business. Analysts are leading the way.

According to TheFly, the brokerage lowered the stock’s price target to $4 from $4.50.

Shares of solar tracker company Nextracker (NASDAQ:NXT) jumped 12.9% in the morning session after the company reported impressive first quarter 2025 (fiscal fourth quarter) results which blew past analysts' revenue, EPS, and EBITDA expectations. In addition, its full-year revenue guidance outperformed Wall Street's estimates. Sales grew 26% year-over-year, driven by booming demand for its Hail Pro and XTR solar trackers. 

Its revenue jumped to $924.3 million and topped estimates of $828.1 million.

Solar tracker company Nextracker (NASDAQ:NXT) announced better-than-expected revenue in Q1 CY2025, with sales up 25.5% year on year to $924.3 million. The company’s full-year revenue guidance of $3.3 billion at the midpoint came in 3.7% above analysts’ estimates. Its non-GAAP profit of $1.29 per share was 32% above analysts’ consensus estimates.

Goldman Sachs analysts say the GOP tax proposal is "not as negative as initially feared" particularly for clean energy manufacturers.

Solar tracker company Nextracker (NASDAQ:NXT) will be reporting results tomorrow after market close. Here’s what you need to know.

NEXTRACKER INC-CL A (NASDAQ:NXT) shows strong profitability, healthy finances, and attractive valuation, making it a potential affordable growth stock. Review its fundamentals and sector potential before considering an investment.

NEXTRACKER INC-CL A (NASDAQ:NXT): A Strong Affordable Growth Stock

NEXTRACKER INC-CL A could be undervalued. NASDAQ:NXT is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced.

Discover NEXTRACKER INC-CL A, an undervalued stock. NASDAQ:NXT showcases solid financial health and profitability while maintaining an appealing valuation.