| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/15/2025 | Overweight → Equal Weight | Fox Advisors | |
| 5/15/2025 | $47.00 → $55.00 | Hold | TD Cowen |
| 5/14/2025 | Buy → Neutral | Guggenheim | |
| 3/17/2025 | $55.00 | Outperform | RBC Capital Mkts |
| 1/29/2025 | $56.00 | Hold → Buy | Jefferies |
| 1/29/2025 | $47.00 → $60.00 | Equal Weight → Overweight | Barclays |
| 12/19/2024 | $41.00 | Hold | TD Cowen |
| 11/19/2024 | $48.00 | Outperform | Northland Capital |
| 9/4/2024 | $46.00 | Hold | Jefferies |
| 6/28/2024 | $59.00 | Positive | Susquehanna |
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
4 - Nextracker Inc. (0001852131) (Issuer)
Company expands operations in India with new office and R&D facility to address rapid solar growth in the market Nextracker (NASDAQ:NXT), a global leader in advanced solar energy solutions, today announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country's accelerating solar adoption. In response to this growth, Nextracker is expanding its footprint with a new 80,000 sq. ft. office and research and development (R&D) facility in Hyderabad, reinforcing its long-term commitment serving customers throughout the region and India's clean energy future. This press release features multimedia. View t
Acquisition of Bentek Corporation adds electrical balance of system (eBOS) suite of products to core solar tracker platform Nextracker (NASDAQ:NXT), a leading solar technology platform provider, today announced it has acquired U.S.-based Bentek Corporation, an industry pioneer and manufacturer of electrical infrastructure used in all types of solar power plants. The all-cash transaction of approximately $78 million including future contingent earnout consideration combines Bentek's engineered, pre-assembled eBOS solutions with Nextracker's world class solar tracker platform, providing customers streamlined procurement and project logistics from a single source. The eBOS products will be of
Record Q4 FY25 Revenue of $924 Million, a 26% Increase Year-over-Year Launches Electrical Balance of Systems (eBOS) Business With Acquisition of Bentek Nextracker (NASDAQ:NXT), a leading solar technology platform provider, today announced financial results for the fourth quarter and full year results for fiscal year 2025, ended March 31, 2025. Financial Summary (In millions, except per share) Q4 FY25 Q3 FY25 Q4 FY24 Revenue $924 $679 $737 GAAP Gross Profit $306 $241 $340 GAAP Gross Margin 33.1% 35.5% 46.2% GAAP Net Income $158 $117 $223 GAAP Net Income Margin 17.1% 17.3% 30
Nextracker (NASDAQ:NXT) will announce its fourth quarter fiscal 2025 financial results after the market closes on Wednesday, May 14, 2025. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q4 FY2025 Earnings Call May 14, 2025 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of integrated solar trackers, foundations, and software solutions used in ground-mounted utility-scale and distributed g
Reaffirms FY25 Revenue Outlook and Raises FY25 Profit Outlook Nextracker (NASDAQ:NXT), a global market leader of intelligent solar trackers, foundations, and software solutions, today announced financial results for the third quarter of fiscal year 2025, ended December 31, 2024. Financial Summary (In millions, except per share) Q3 FY25* Q2 FY25* Q3 FY24 Revenue $679 $636 $710 GAAP Gross Profit $241 $225 $210 GAAP Gross Margin 35.5% 35.4% 29.5% GAAP Net Income $117 $117 $128 GAAP Net Income Margin 17.3% 18.5% 18.0%
New research center to advance solar power plant technology and develop engineering leaders to support future energy needs Nextracker (NASDAQ:NXT) and the University of California Berkeley Engineering (UC Berkeley) announce a strategic partnership aimed at advancing solar power plant technology to meet rising global energy demand. The collaboration will establish the CALNEXT Center for Solar Energy Research that will drive a leading-edge research program and a planned state-of-the-art solar test field. Nextracker has contributed a $6.5 million gift to support the initiative, which is already soliciting and receiving research proposals from UC Berkeley Engineering faculty and graduate stud
Nextracker (NASDAQ:NXT) will announce its third quarter fiscal 2025 financial results after the market closes on Tuesday, January 28, 2025. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q3 FY2025 Earnings Call January 28, 2025 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading global provider of intelligent, integrated solar tracker, foundations, and software solutions used in utility-scale and
Nextracker (NASDAQ:NXT) announced today that Dan Shugar, Founder and CEO, will participate in a fireside chat at the Goldman Sachs Energy, CleanTech & Utilities Conference. The session is scheduled for 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Tuesday, January 7, 2025. Live webcast will be available on investors.nextracker.com. The webcast replay will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar trackers, foundations, and software solutions used in ground-mounted utility-scale and distributed generation solar projects around the world. Our products enable s
Paul Lundstrom Brings Wealth of Knowledge in Finance, Manufacturing, and Business Transformation Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation
Company Sets New Standard for American Manufacturing, Job Creation, and Supply Chain Resilience Nextracker (NASDAQ:NXT), a global leader in solar tracker technology, today announced it has shipped and delivered the industry's first U.S.-manufactured solar trackers in the United States which are expected to achieve 100% domestic content value for solar trackers under the Inflation Reduction Act (IRA).1 The first project to receive these domestic content trackers is SB Energy's Pelican's Jaw project. The 570 MW solar and 954 MWh storage project is currently under construction by SOLV Energy. This supply chain localization milestone reaffirms Nextracker's industry leadership and commitment t
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144 - Nextracker Inc. (0001852131) (Subject)
144 - Nextracker Inc. (0001852131) (Subject)
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144 - Nextracker Inc. (0001852131) (Subject)
144 - Nextracker Inc. (0001852131) (Subject)
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Fox Advisors downgraded Nextracker from Overweight to Equal Weight
TD Cowen reiterated coverage of Nextracker with a rating of Hold and set a new price target of $55.00 from $47.00 previously
Guggenheim downgraded Nextracker from Buy to Neutral
RBC Capital Mkts initiated coverage of Nextracker with a rating of Outperform and set a new price target of $55.00
Jefferies upgraded Nextracker from Hold to Buy and set a new price target of $56.00
Barclays upgraded Nextracker from Equal Weight to Overweight and set a new price target of $60.00 from $47.00 previously
TD Cowen initiated coverage of Nextracker with a rating of Hold and set a new price target of $41.00
Northland Capital resumed coverage of Nextracker with a rating of Outperform and set a new price target of $48.00
Jefferies initiated coverage of Nextracker with a rating of Hold and set a new price target of $46.00
Susquehanna initiated coverage of Nextracker with a rating of Positive and set a new price target of $59.00
Paul Lundstrom Brings Wealth of Knowledge in Finance, Manufacturing, and Business Transformation Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation
Copeland, a global provider of sustainable climate solutions and leader in the HVAC, Refrigeration (HVACR) and industrial compression industry, has announced that Paul Lundstrom will join the company in August as Chief Financial Officer (CFO). Copeland is a standalone company and a portfolio company of Blackstone, the world's largest alternative asset manager, within its Capital Partners Fund XIII. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240724421467/en/Paul Lundstrom, Copeland's new Chief Financial Officer (Photo: Copeland) "Paul is an excellent addition to the executive team of Copeland, as he brings with him extensive
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Current CFO, David Bennett, to become Chief Accounting Officer Nextracker (NASDAQ:NXT), a global market leader of intelligent solar tracker and software solutions, today announced the appointment of Charles "Chuck" Boynton as Chief Financial Officer (CFO), effective after he completes his tenure with his current employer, which is expected in May 2024. Nextracker's current CFO, David Bennett, will continue to serve in this role until transitioning to Chief Accounting Officer (CAO) once Mr. Boynton joins the company. Mr. Boynton has more than 30 years of finance and accounting experience, as well as significant experience in the solar industry. Mr. Boynton will lead Nextracker's global f
Julie Blunden and Howard Wenger further strengthen Board's expertise in global business executive management, operations and energy infrastructure Nextracker Inc. (NASDAQ:NXT), a leading global provider of intelligent solar tracker and software solutions, today announced the appointment of Julie Blunden and Howard Wenger to its Board of Directors, effective January 2, 2024. Blunden is an accomplished executive leader and strategic advisor currently serving on the Board of four organizations in the energy sector. Wenger is a solar industry pioneer and has served as president of Nextracker since February 2022 with former roles as president and Board member for Solaria Corporation, president
Acquisition of Bentek Corporation adds electrical balance of system (eBOS) suite of products to core solar tracker platform Nextracker (NASDAQ:NXT), a leading solar technology platform provider, today announced it has acquired U.S.-based Bentek Corporation, an industry pioneer and manufacturer of electrical infrastructure used in all types of solar power plants. The all-cash transaction of approximately $78 million including future contingent earnout consideration combines Bentek's engineered, pre-assembled eBOS solutions with Nextracker's world class solar tracker platform, providing customers streamlined procurement and project logistics from a single source. The eBOS products will be of
Nextracker (NASDAQ:NXT) will announce its fourth quarter fiscal 2025 financial results after the market closes on Wednesday, May 14, 2025. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q4 FY2025 Earnings Call May 14, 2025 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of integrated solar trackers, foundations, and software solutions used in ground-mounted utility-scale and distributed g
Nextracker (NASDAQ:NXT) will announce its third quarter fiscal 2025 financial results after the market closes on Tuesday, January 28, 2025. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q3 FY2025 Earnings Call January 28, 2025 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading global provider of intelligent, integrated solar tracker, foundations, and software solutions used in utility-scale and
Nextracker (NASDAQ:NXT) will announce its second quarter fiscal 2025 financial results after the market closes on Wednesday, October 30, 2024. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q2 FY2025 Earnings Call October 30, 2024 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker, foundations, and software solutions used in utility-scale and ground-m
Nextracker (NASDAQ:NXT) will announce its first quarter fiscal 2025 financial results after the market closes on Thursday, August 1, 2024. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q1 FY2025 Earnings Call August 1, 2024 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation s
Nextracker (NASDAQ:NXT), a global provider of intelligent solar tracker and software solutions, today announced it has acquired Ojjo in an all-cash transaction for approximately $119 million. The purchase price is subject to working capital and other customary purchase price adjustments. Ojjo is a U.S.-based renewable energy company specializing in foundation technology and services used in utility-scale ground-mount applications for solar power generation. Combining Nextracker's industry-leading smart solar tracker system with Ojjo's foundation technology will enable engineering procurement construction companies (EPCs) and solar power plant developers to benefit from a more complete, inte
Nextracker (NASDAQ:NXT) will announce its fourth quarter fiscal 2024 and full-year financial results after the market closes on Tuesday, May 14, 2024. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q4 FY2024 Earnings Call May 14, 2024 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed ge
AUSTIN, Texas, Jan. 31, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its third quarter ended December 31, 2023. Third Quarter Fiscal Year 2024 Highlights: Net Sales: $7.1 billionGAAP Operating Income: $348 millionAdjusted Operating Income: $477 millionGAAP Net Income attributable to Flex Ltd: $197 millionAdjusted Net Income attributable to Flex Ltd: $309 millionGAAP Earnings Per Share: $0.45Adjusted Earnings Per Share: $0.71An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "Overall, fiscal Q3 was another quarter of strong execution," said Revathi Advaithi, CEO o
Nextracker (NASDAQ:NXT) will announce its third quarter fiscal 2024 financial results after the market closes on Wednesday, January 31, 2024. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Q3 FY2024 Earnings Call January 31, 2024 1:30 p.m. PT / 4:30 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generat
Nextracker (NASDAQ:NXT) will announce its second quarter fiscal 2024 financial results after the market closes on Wednesday, October 25, 2023. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Q2 FY2024 Earnings Call October 25, 2023 1:30 p.m. PT / 4:30 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed genera