Stock Price & Analysis

Based on the provided data and current market conditions, here's a concise analysis for NXT:

Technical Analysis

• Strong upward trend with price currently at $48.11 in pre-market
• RSI-14 at 60.54 indicates moderate bullish momentum without being overbought
• MACD shows positive trend (1.56) but with slight bearish divergence (-0.20)
• Price trading above all major SMAs (5,10,20,60,200-day), indicating strong bullish trend

Fundamental Strength

• Record backlog of over $4.5 billion in orders, more than doubled since IPO
• Revenue grew 15% year-over-year with strong Q3 2025 performance of $679 million
• Leading provider in solar tracker systems with expanding global presence

Market Position

• Ranked 5th among best young stocks to buy and hold
• Strong institutional interest with 32 hedge funds holding positions
• Growing demand in utility-scale solar projects globally

Buy Signal: Based on current price action and fundamentals, NXT shows a strong buy signal for the following reasons:

• Technical indicators suggest continued upward momentum
• Strong fundamental growth with expanding backlog
• Leading market position in growing solar industry
• Current price ($48.11) has support at Fibonacci S1 level ($44.45)

Target prices:

• Short-term: $49.49 (Fibonacci R1)
• Medium-term: $51.04 (Fibonacci R2)
• Stop-loss: $44.45 (Fibonacci S1)

Based on the available data and market analysis, here's the price prediction for NXT stock in 2025:

Technical Analysis

The stock is currently trading at $48.11 with a strong upward momentum since January 2025. Key technical indicators show:

• RSI-14 at 60.54 indicates moderate bullish momentum
• MACD is positive at 1.56 with slight bearish divergence (-0.20)
• Stock trading above all major moving averages (SMA 5,10,20,60,200)

Price Target Analysis

Based on Fibonacci projections and technical patterns:

• Support levels: $44.45 (S1), $42.90 (S2)
• Resistance levels: $49.49 (R1), $51.04 (R2)
• Pivot point: $46.97

Growth Catalysts According to recent analysis:

• Strong backlog of over $4.5 billion in orders (doubled since IPO)
• 27.96% 3-year CAGR as of February 2025
• Robust demand for solar tracker systems with $679 million revenue in FQ3 2025
• Growing institutional interest with 32 hedge funds holding positions

2025 Price Prediction Target price: $55-60 by end of 2025, representing ~15-25% upside from current levels. This projection is supported by:

• Continued solar industry growth
• Strong order backlog execution
• Technical breakout above $50 resistance level
• Positive analyst sentiment with maintained Buy ratings

The S1 support level for NXT Stock is $44.44 ,The R1 resistant level for NXT Stock is $49.19.

As of the end of day on 2025-02-21, the price of NXT Stock was $46.53.

The target price for NXT Stock according to analyst rating is 55.67, with the highest price target at 69.00 and the lowest at 45.00. Analysts have a Strong Buy rating on NXT Stock overall.

The market cap of NXT is $6.7B.

Based on the provided data and context, here's a concise analysis of NXT's valuation:

Technical Analysis

• RSI-14 at 60.54 indicates neutral momentum, not showing overbought conditions
• MACD shows bullish momentum with positive value at 1.56, though histogram (-0.20) suggests slight weakening
• Price is trading above major moving averages (SMA 20, 60, 200), indicating overall uptrend
• Bollinger Band position (BBP) at 0.63 suggests moderate upward momentum without being overbought

Fundamental Valuation

• Trading at a forward P/E of 16x, which is reasonable for a growth company with 15% YoY revenue growth
• Record backlog of over $4.5 billion, more than doubled since IPO, indicating strong demand
• Q3 FY2025 revenue reached $679 million with continued margin expansion
• 32 hedge funds hold positions, showing institutional confidence

Growth & Market Position

• Leading provider in solar tracker systems with strong competitive positioning
• Revenue growing at 15% YoY with expanding margins
• Significant market opportunity in utility-scale solar projects
• Strong product innovation with NX Horizon, Hail Pro systems, and TrueCapture software solutions

Based on these factors, NXT appears fairly valued at current levels, supported by:

• Strong revenue growth
• Healthy backlog expansion
• Solid market position
• Reasonable valuation metrics relative to growth

Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance. It has operations in the United States, Mexico, Spain, India, Australia, the Middle East and Brazil. Its products include NX Horizon, NX Horizon-XTR, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield.

Based on the available data and market analysis, here's the price prediction for NXT stock by 2030:

Nextracker (NXT) is projected to reach $95-105 by 2030, driven by strong solar industry growth and market leadership. The company's record $4.5 billion backlog and 15% year-over-year revenue growth demonstrate robust demand fundamentals. The 27.96% 3-year CAGR suggests sustained momentum in the renewable energy sector.

The solar tracker market's expansion and Nextracker's innovative product portfolio, including NX Horizon and TrueCapture optimization systems, position it well for long-term growth in the utility-scale solar segment.

NXT has a total of 606 employees.