How to Buy Nextracker Stock
Nextracker Inc
Nextracker Inc. , an energy solutions company, provides solar tracker solutions for PV projects.
Nextracker stock last closed at $39.28, down 2.53% from the previous day, and has decreased 10.73% in one year. It has overperformed other stocks in the Solar industry by 0.85 percentage points. Nextracker stock is currently +27% from its 52-week low of $30.93, and -36.96% from its 52-week high of $62.31.
There are currently 145.62M NXT shares outstanding. The market capitalization of NXT is $5.72B. In the last 24 hours, 964,112 NXT shares were traded.
How to Buy Nextracker Stock
Wondering how to invest in Nextracker stock? Here's how.
- Choose where to buy Nextracker stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you decide where to buy Nextracker stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Choose your method of payment and add your details.
- Evaluate Nextracker stock: The Nextracker ticker symbol is NXT. Is Nextracker stock a good investment? Should you buy shares of NXT? How do NXT's underlying business fundamentals look? Do top analysts think Nextracker is a good buy? Why has NXT's stock price moved recently? (Hint: Our stock analysis website can help you decide if NXT is a good stock to buy).
- Execute your NXT buy order: Decide if you will purchase NXT shares at the current market price or use a limit order to purchase NXT shares at a specific price.
- Get notifications regarding your NXT position: Create a watchlist to get live updates on your position in Nextracker shares.
Step 1: Choose where to buy Nextracker stock
You need a brokerage account in order to access the NASDAQ market and buy NXT shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to invest in NXT stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the best stock app to use, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your new brokerage account.
Step 4: Evaluate Nextracker stock
After you have identified the best place to buy Nextracker stock, it's important to research their stock before you buy, so you actually wrap your head around the risk and upside.
Nextracker stock quick numbers
Fundamentals of Nextracker
WallStreetZen was created to help average investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on NXT's stock page.
Is NXT stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NXT's intrinsic value.
Using relative valuations methods:
- NXT may be undervalued based on its P/E ratio of 8.45x, relative to Solar industry P/E ratio of 22.92x
- NXT could be overvalued based on its P/B ratio of 4.07x, relative to Solar industry P/B ratio of 1.54x
You can do more valuation analysis on NXT's stock here.
NXT Financials at a glance
Positive Financial Indicators:
- NXT profit margin has gone up from 13.2% to 21% in the past year.
- NXT's operating cash flow of $529.96M allows it to safely service it's debt of $145.33M.
- NXT earnings of $756.98M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the NXT balance sheet.
- There are more short-term assets than short-term liabilities on the NXT balance sheet.
Negative Financial Indicators:
- NXT has a relatively high debt to equity ratio of 1.11.
Is it a good time to buy NXT stock, according to Wall Street analysts?
Out of 17 Wall Street analysts who monitor NXT, the consensus analyst rating on Nextracker is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent NXT Analyst Upgrades/Downgrades
Ameet Thakkar, a bottom 3% analyst from BMO Capital maintains NXT with a hold rating and raises their NXT price target from $48.00 to $50.00, on Jan 29, 2025.
Brian Lee, a bottom 1% analyst from Goldman Sachs maintains NXT with a strong buy rating and raises their NXT price target from $54.00 to $61.00, on Jan 29, 2025.
Joseph Osha, a top 4% analyst from Guggenheim maintains NXT with a strong buy rating and raises their NXT price target from $50.00 to $62.00, on Jan 29, 2025.
Guggenheim's Joseph Osha raised their price target on Nextracker (NASDAQ: NXT) by 24% from $50 to $62 on 2025/01/29. The analyst maintained their Strong Buy rating on the stock.
Nextracker reported its Q3 2025 earnings on 2025/01/28.
The company's demand picture is shaping up as predicted, but it was its ability to increase profits by cutting costs that allowed Nextracker to beat Guggenheim's projections, Osha told investors.
Earnings Report
For Q3 2025, Nextracker reported:
- EPS of $1.03, which beat the Zacks Consensus Estimate of $0.59 and, by 7.3%, Q3 2024’s $0.96.
- Revenue of $679.36M, which beat the Zacks Consensus Estimate by 4.61% but missed, by 4.4%, Q3 2024’s $710.43M.
For FY 2025:
- EPS of $3.75 to $3.95.
- Revenue of $2.8B to $2.9B.
- EBITDA of $700M to $740M.
Founder & CEO Dan Shugar commented: “We’re very pleased with the company’s execution, delivering record revenue and profit YTD driven by strong demand.
“In the quarter, we successfully deployed several of our newly launched products and features at scale, expanding our total addressable market.
“In addition, we continue to increase our investment in R&D to drive rapid customer centric innovation ensuring our solutions remain at the forefront of solar technology while driving value for stakeholders worldwide.”
CFO Chuck Boynton added, “Our strong YTD financial performance, coupled with our growth in backlog enables us to raise our FY 2025 profit outlook.
“The company is on incredibly solid financial footing with $418M of operating cash flow YTD, ending the quarter with over $693M in cash and equivalents.”
Biju Perincheril, a bottom 2% analyst from Susquehanna maintains NXT with a strong buy rating and raises their NXT price target from $50.00 to $54.00, on Jan 29, 2025.
Jon Windham, a bottom 8% analyst from UBS maintains NXT with a strong buy rating and raises their NXT price target from $60.00 to $66.00, on Jan 29, 2025.
You can dive deeper into what analysts are forecasting on the Nextracker stock forecast page.
Metrics for Advanced NXT Traders
Is NXT Making Money?
Last year, NXT revenue was $2.77B. Over the past 2 year, NXT's revenue has gone up by 23.28% per year. This was faster than the Solar industry average of 12.26%.
Find out more about NXT's earnings and revenue performance here.
Latest Insiders Trades at NXT
Over the last 12 months, insiders at NXT have sold more shares than they have bought.
David P. Bennett, Chief Accounting Officer of NXT, was the latest NXT insider to sell. They sold $242,898.33 worth of NXT stock on Apr 2, 2025.
Learn more about who owns NXT shares here.
Does NXT provide a stable income stream?
No, Nextracker doesn't provide an income stream by paying out dividends.
NXT Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your NXT buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact price, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your NXT position
Now that you own some NXT shares, you'll want to keep up with your new investment.
Put NXT on a watchlist to track the most important metrics related to your NXT stock.
NXT Feed
How to Buy Stock in Nextracker
To reiterate, here are the 6 steps to buy stock in Nextracker:
- Choose where to buy Nextracker stock
- Open your brokerage account
- Fund your investment account
- Evaluate Nextracker stock
- Execute your NXT buy order
- Get notifications regarding your NXT position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Nextracker, click the button below.
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