Northland Capmk Forecasts Higher Earnings for Nextracker

Nextracker Inc. (NASDAQ:NXT) – Research analysts at Northland Capmk increased their FY2025 earnings estimates for shares of Nextracker in a report released on Wednesday, January 29th. Northland Capmk analyst G. Richard now anticipates that the company will post earnings per share of $3.30 for the year, up from their previous forecast of $2.68. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Nextracker’s current full-year earnings is $3.29 per share. Northland Capmk also issued estimates for Nextracker’s Q4 2025 earnings at $0.82 EPS, Q2 2026 earnings at $0.79 EPS and FY2026 earnings at $3.29 EPS.

Other equities analysts have also recently issued reports about the stock. UBS Group upped their price objective on shares of Nextracker from $60.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. BNP Paribas raised Nextracker to a “strong-buy” rating in a research note on Wednesday, January 29th. BMO Capital Markets boosted their price target on Nextracker from $48.00 to $50.00 and gave the stock a “market perform” rating in a report on Wednesday, January 29th. Robert W. Baird cut their target price on shares of Nextracker from $71.00 to $53.00 and set an “outperform” rating on the stock in a research report on Thursday, October 31st. Finally, Susquehanna raised their price target on shares of Nextracker from $50.00 to $54.00 and gave the company a “positive” rating in a research note on Wednesday, January 29th. Three analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Nextracker has an average rating of “Moderate Buy” and a consensus target price of $56.50.

Nextracker Stock Performance

Nextracker stock opened at $49.75 on Monday. The company has a quick ratio of 1.96, a current ratio of 2.20 and a debt-to-equity ratio of 0.10. The stock has a market cap of $7.24 billion, a PE ratio of 12.66 and a beta of 2.13. Nextracker has a 12-month low of $30.93 and a 12-month high of $62.31. The business’s 50-day moving average price is $39.85 and its two-hundred day moving average price is $38.99.

Nextracker (NASDAQ:NXT) last announced its quarterly earnings data on Tuesday, January 28th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.58 by $0.31. Nextracker had a net margin of 20.12% and a return on equity of 41.22%.

Insider Activity

In other Nextracker news, President Howard Wenger sold 6,066 shares of the firm’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $45.00, for a total transaction of $272,970.00. Following the transaction, the president now directly owns 209,365 shares in the company, valued at approximately $9,421,425. This trade represents a 2.82 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO David P. Bennett sold 9,801 shares of Nextracker stock in a transaction on Wednesday, January 29th. The stock was sold at an average price of $49.90, for a total transaction of $489,069.90. Following the transaction, the chief accounting officer now directly owns 124,577 shares in the company, valued at $6,216,392.30. This represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NXT. Allworth Financial LP boosted its holdings in shares of Nextracker by 52.4% in the 4th quarter. Allworth Financial LP now owns 803 shares of the company’s stock worth $29,000 after buying an additional 276 shares during the last quarter. Quarry LP grew its position in shares of Nextracker by 61.5% during the 3rd quarter. Quarry LP now owns 1,119 shares of the company’s stock valued at $42,000 after acquiring an additional 426 shares during the period. GAMMA Investing LLC increased its stake in shares of Nextracker by 83.2% during the 3rd quarter. GAMMA Investing LLC now owns 1,209 shares of the company’s stock worth $45,000 after purchasing an additional 549 shares during the last quarter. Principal Securities Inc. increased its stake in shares of Nextracker by 41.8% during the 4th quarter. Principal Securities Inc. now owns 1,390 shares of the company’s stock worth $51,000 after purchasing an additional 410 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Nextracker by 38.4% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,859 shares of the company’s stock worth $68,000 after purchasing an additional 516 shares during the period. 67.41% of the stock is owned by institutional investors.

Nextracker Company Profile

Nextracker Inc, an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.