Roth Capital Affirms Buy Rating for Nextracker, Keeps $120 Price Target Intact
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
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Source: Benzinga
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Analyst Views on NXT
Wall Street analysts forecast NXT stock price to fall
20 Analyst Rating
15 Buy
5 Hold
0 Sell
Strong Buy
Current: 119.270
Low
76.00
Averages
105.33
High
125.00
Current: 119.270
Low
76.00
Averages
105.33
High
125.00
About NXT
Nextpower Inc. is a global provider of solar and energy technology solutions for utility-scale power plants. The Company specializes in solar tracking systems. The Company delivers an integrated suite of structural, electrical, and digital solutions across the full lifecycle of solar power plants, from design and construction through operations and maintenance. The Company delivers intelligent power generation systems and services. The Company has developed solar trackers that enable rows to move independently. Its TrueCapture energy yield management system addresses power production shortfalls due to the variability of real-world site conditions. Its customers include engineering, procurement and construction firms (EPCs), as well as solar project developers and owners. Its products include trackers, foundations, software, eBOS, controls, and module frames. Its trackers include NX Horizon, NX Horizon-XTR and NX Horizon Low Carbon. Its solutions include AgriPV, and Risk and Resilience.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Overview of Green ETF Investments
- Global Clean Energy ETF: The iShares Global Clean Energy ETF tracks the S&P Global Clean Energy Transition Index with 105 holdings, priced at $20.63 and an expense ratio of 0.39%, offering broad investment opportunities in clean energy suitable for long-term holders.
- Focused Solar Industry: The Invesco Solar ETF targets solar equipment and project development with 32 stocks, currently priced at $61.83; despite a higher expense ratio of 0.70%, it has gained about 25% this year, appealing to investors seeking specific solar exposure.
- ESG-Friendly Investment: The SPDR S&P 500 ESG ETF tracks the S&P 500 ESG Index, excluding companies that do not meet ESG criteria, priced at $71.73 with a low expense ratio of 0.10%, ideal for investors looking to balance ESG principles in their portfolios.
- Market Volatility Consideration: While these ETFs offer diverse investment strategies, investors should be aware of the volatility in clean energy and solar sectors, as policy changes and market factors can significantly impact investment returns.
See More
Analysis of Clean Energy ETF Market
- iShares Global Clean Energy ETF: This ETF tracks the S&P Global Clean Energy Transition Index with 105 holdings and an expense ratio of 0.39%, providing investors with easy access to leaders in the clean energy sector, ideal for those seeking global exposure.
- Invesco Solar ETF: Focused on the solar industry, this ETF tracks the MAC Global Solar Energy Index with 32 stocks and a 0.70% expense ratio; despite its higher costs, it has gained about 25% this year, making it suitable for investors targeting solar investments.
- ESG-Friendly Investment: Another ETF tracks the S&P 500 Scored & Screened Index with a 0.10% expense ratio, excluding companies that do not meet ESG criteria, offering broad exposure to large-cap U.S. equities while appealing to ESG-conscious investors.
- Market Volatility Considerations: The clean energy and solar sectors are significantly affected by policy changes and market fluctuations, necessitating careful risk assessment by investors, particularly those seeking stable income, as these high-volatility assets may not be suitable.
See More
GameChange Energy Responds to Patent Infringement Lawsuit
- Patent Lawsuit Response: GameChange Energy denies the patent infringement allegations made by Nextpower and intends to mount a full defense, demonstrating the company's commitment to protecting its market position and technological innovations.
- Industry-Leading Technology: The Genius Tracker system from GameChange Energy is recognized as the leading tracker for challenging weather conditions, with over 63 GW delivered, solidifying its position as one of the top three tracker companies globally, thereby enhancing customer trust and market competitiveness.
- Integrated Energy Solutions: As a global energy infrastructure company, GameChange Energy offers a range of solutions including solar trackers, fixed-tilt mounting systems, and battery energy storage systems, aimed at reducing risk and improving performance to promote the widespread adoption of renewable energy.
- Future Clean Energy Infrastructure: GameChange Energy is engineering the future of clean energy infrastructure, leveraging its innovative technologies and project management capabilities to drive the development of global renewable energy and critical power applications, showcasing strong market prospects.
See More
GameChange Energy Responds to Nextpower Patent Lawsuit
- Patent Lawsuit Response: GameChange Energy denies the patent infringement allegations made by Nextpower and intends to mount a full defense, demonstrating the company's commitment to protecting its market position and technological innovations in the energy sector.
- Industry Leadership: The Genius Tracker system from GameChange Energy is recognized as a leading tracker for challenging weather environments, with over 63 GW delivered, solidifying its position among the top three tracker companies globally, thereby enhancing customer trust and competitive edge.
- Technological Advantages: The company offers solutions including solar trackers, fixed-tilt mounting systems, and eBOS solutions, designed to reduce risks and improve performance, thus driving the successful implementation of renewable energy projects in line with global clean energy trends.
- Global Business Presence: GameChange Energy delivers integrated energy infrastructure solutions worldwide, supporting the infrastructure development for renewable energy, data centers, and battery energy storage systems, highlighting its significant role in engineering the future of clean energy infrastructure.
See More
Nextracker Acquires Prevalon to Strengthen Energy Storage Position
- Strategic Acquisition: Nextracker's $365 million acquisition of battery storage company Prevalon not only strengthens its position in the rapidly growing solar-plus-storage market but also reflects the company's strategic shift from a pure solar equipment supplier to a diversified power infrastructure player.
- Significant Market Potential: According to BNP Paribas, Prevalon's profitability in the battery storage market surpasses that of Fluence Energy, despite being only one-quarter of its size, with current EBITDA margins around 10%, indicating strong growth potential for Nextracker in the storage sector.
- Financial Growth Outlook: While concerns exist that adding a lower-margin storage business could dilute Nextracker's profitability, analysts argue that the acquisition will enhance the company's long-term growth outlook, diversify revenue streams, and reduce reliance on solar market incentives.
- Price Target Increase: BNP Paribas raised its price target for Nextracker from $177 to $182, implying approximately 33% upside from the closing price of $137.20 on May 28, with expectations that this acquisition will serve as a catalyst for revenue growth and market diversification.
See More
US Stock Indices Reach All-Time Highs Amid Positive Economic Signals
- Strong Market Performance: The S&P 500 rose by 0.22%, the Dow Jones Industrial Average increased by 0.72%, and the Nasdaq 100 climbed by 0.36%, with all three indices reaching new all-time highs, reflecting market confidence in economic recovery.
- Tech Stocks Lead Gains: Dell Technologies surged 32% after reporting Q1 total revenue of $43.84 billion, significantly exceeding the consensus estimate of $35.52 billion, and raised its 2027 revenue forecast to between $165 billion and $169 billion, indicating strong market demand and growth potential.
- Positive Economic Data: The May Chicago PMI rose by 13.5 to 62.7, far surpassing expectations of 50.3, marking the fastest expansion pace in 4.25 years, which further bolstered market confidence in stocks.
- Oil Price Decline Benefits Stocks: Crude oil prices fell over 1% to a five-week low due to a preliminary agreement between the US and Iran, easing inflation concerns and supporting the upward trend in the stock market.
See More
Overview of Green ETF Investments
- Global Clean Energy ETF: The iShares Global Clean Energy ETF tracks the S&P Global Clean Energy Transition Index with 105 holdings, priced at $20.63 and an expense ratio of 0.39%, offering broad investment opportunities in clean energy suitable for long-term holders.
- Focused Solar Industry: The Invesco Solar ETF targets solar equipment and project development with 32 stocks, currently priced at $61.83; despite a higher expense ratio of 0.70%, it has gained about 25% this year, appealing to investors seeking specific solar exposure.
- ESG-Friendly Investment: The SPDR S&P 500 ESG ETF tracks the S&P 500 ESG Index, excluding companies that do not meet ESG criteria, priced at $71.73 with a low expense ratio of 0.10%, ideal for investors looking to balance ESG principles in their portfolios.
- Market Volatility Consideration: While these ETFs offer diverse investment strategies, investors should be aware of the volatility in clean energy and solar sectors, as policy changes and market factors can significantly impact investment returns.
See More
Analysis of Clean Energy ETF Market
- iShares Global Clean Energy ETF: This ETF tracks the S&P Global Clean Energy Transition Index with 105 holdings and an expense ratio of 0.39%, providing investors with easy access to leaders in the clean energy sector, ideal for those seeking global exposure.
- Invesco Solar ETF: Focused on the solar industry, this ETF tracks the MAC Global Solar Energy Index with 32 stocks and a 0.70% expense ratio; despite its higher costs, it has gained about 25% this year, making it suitable for investors targeting solar investments.
- ESG-Friendly Investment: Another ETF tracks the S&P 500 Scored & Screened Index with a 0.10% expense ratio, excluding companies that do not meet ESG criteria, offering broad exposure to large-cap U.S. equities while appealing to ESG-conscious investors.
- Market Volatility Considerations: The clean energy and solar sectors are significantly affected by policy changes and market fluctuations, necessitating careful risk assessment by investors, particularly those seeking stable income, as these high-volatility assets may not be suitable.
See More
GameChange Energy Responds to Patent Infringement Lawsuit
- Patent Lawsuit Response: GameChange Energy denies the patent infringement allegations made by Nextpower and intends to mount a full defense, demonstrating the company's commitment to protecting its market position and technological innovations.
- Industry-Leading Technology: The Genius Tracker system from GameChange Energy is recognized as the leading tracker for challenging weather conditions, with over 63 GW delivered, solidifying its position as one of the top three tracker companies globally, thereby enhancing customer trust and market competitiveness.
- Integrated Energy Solutions: As a global energy infrastructure company, GameChange Energy offers a range of solutions including solar trackers, fixed-tilt mounting systems, and battery energy storage systems, aimed at reducing risk and improving performance to promote the widespread adoption of renewable energy.
- Future Clean Energy Infrastructure: GameChange Energy is engineering the future of clean energy infrastructure, leveraging its innovative technologies and project management capabilities to drive the development of global renewable energy and critical power applications, showcasing strong market prospects.
See More
GameChange Energy Responds to Nextpower Patent Lawsuit
- Patent Lawsuit Response: GameChange Energy denies the patent infringement allegations made by Nextpower and intends to mount a full defense, demonstrating the company's commitment to protecting its market position and technological innovations in the energy sector.
- Industry Leadership: The Genius Tracker system from GameChange Energy is recognized as a leading tracker for challenging weather environments, with over 63 GW delivered, solidifying its position among the top three tracker companies globally, thereby enhancing customer trust and competitive edge.
- Technological Advantages: The company offers solutions including solar trackers, fixed-tilt mounting systems, and eBOS solutions, designed to reduce risks and improve performance, thus driving the successful implementation of renewable energy projects in line with global clean energy trends.
- Global Business Presence: GameChange Energy delivers integrated energy infrastructure solutions worldwide, supporting the infrastructure development for renewable energy, data centers, and battery energy storage systems, highlighting its significant role in engineering the future of clean energy infrastructure.
See More
Nextracker Acquires Prevalon to Strengthen Energy Storage Position
- Strategic Acquisition: Nextracker's $365 million acquisition of battery storage company Prevalon not only strengthens its position in the rapidly growing solar-plus-storage market but also reflects the company's strategic shift from a pure solar equipment supplier to a diversified power infrastructure player.
- Significant Market Potential: According to BNP Paribas, Prevalon's profitability in the battery storage market surpasses that of Fluence Energy, despite being only one-quarter of its size, with current EBITDA margins around 10%, indicating strong growth potential for Nextracker in the storage sector.
- Financial Growth Outlook: While concerns exist that adding a lower-margin storage business could dilute Nextracker's profitability, analysts argue that the acquisition will enhance the company's long-term growth outlook, diversify revenue streams, and reduce reliance on solar market incentives.
- Price Target Increase: BNP Paribas raised its price target for Nextracker from $177 to $182, implying approximately 33% upside from the closing price of $137.20 on May 28, with expectations that this acquisition will serve as a catalyst for revenue growth and market diversification.
See More
US Stock Indices Reach All-Time Highs Amid Positive Economic Signals
- Strong Market Performance: The S&P 500 rose by 0.22%, the Dow Jones Industrial Average increased by 0.72%, and the Nasdaq 100 climbed by 0.36%, with all three indices reaching new all-time highs, reflecting market confidence in economic recovery.
- Tech Stocks Lead Gains: Dell Technologies surged 32% after reporting Q1 total revenue of $43.84 billion, significantly exceeding the consensus estimate of $35.52 billion, and raised its 2027 revenue forecast to between $165 billion and $169 billion, indicating strong market demand and growth potential.
- Positive Economic Data: The May Chicago PMI rose by 13.5 to 62.7, far surpassing expectations of 50.3, marking the fastest expansion pace in 4.25 years, which further bolstered market confidence in stocks.
- Oil Price Decline Benefits Stocks: Crude oil prices fell over 1% to a five-week low due to a preliminary agreement between the US and Iran, easing inflation concerns and supporting the upward trend in the stock market.
See More
