Northland Capmk Weighs in on Nextracker Q1 Earnings

Nextracker Inc. (NASDAQ:NXT) – Stock analysts at Northland Capmk issued their Q1 2026 earnings per share estimates for Nextracker in a research report issued on Tuesday, November 19th. Northland Capmk analyst D. Schafer anticipates that the company will post earnings per share of $0.65 for the quarter. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Nextracker’s current full-year earnings is $2.74 per share. Northland Capmk also issued estimates for Nextracker’s Q2 2026 earnings at $0.62 EPS, Q4 2026 earnings at $0.78 EPS and FY2026 earnings at $2.71 EPS.

A number of other equities research analysts also recently weighed in on the company. Roth Mkm decreased their price objective on Nextracker from $70.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, August 2nd. Bank of America dropped their target price on shares of Nextracker from $65.00 to $52.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Wells Fargo & Company decreased their price objective on shares of Nextracker from $64.00 to $58.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Robert W. Baird cut their target price on shares of Nextracker from $71.00 to $53.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Finally, JPMorgan Chase & Co. decreased their price target on Nextracker from $62.00 to $58.00 and set an “overweight” rating on the stock in a research report on Thursday, October 17th. Four analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $55.15.

Nextracker Trading Up 0.3 %

Shares of NXT stock opened at $37.69 on Thursday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.99 and a current ratio of 2.21. The firm has a fifty day moving average of $36.51 and a 200-day moving average of $43.15. Nextracker has a 52-week low of $30.93 and a 52-week high of $62.31. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 9.40 and a beta of 2.32.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Virtu Financial LLC boosted its stake in Nextracker by 228.3% during the 1st quarter. Virtu Financial LLC now owns 38,393 shares of the company’s stock worth $2,160,000 after acquiring an additional 26,700 shares during the last quarter. Diversify Advisory Services LLC bought a new stake in shares of Nextracker in the 2nd quarter valued at $1,270,000. Swedbank AB acquired a new stake in Nextracker during the 2nd quarter worth $4,622,000. Secure Asset Management LLC bought a new position in Nextracker during the third quarter worth about $1,370,000. Finally, Price T Rowe Associates Inc. MD grew its stake in Nextracker by 534.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 175,047 shares of the company’s stock valued at $9,851,000 after acquiring an additional 147,446 shares during the period. Institutional investors and hedge funds own 67.41% of the company’s stock.

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.