At the time of writing, Nextracker Inc [NXT] stock is trading at $43.77, up 2.05%. An important factor to consider is whether the stock is rising or falling in short-term value. The NXT shares have gain 7.78% over the last week, with a monthly amount glided 15.49%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Nextracker Inc [NASDAQ: NXT] stock has seen the most recent analyst activity on March 17, 2025, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $55. Previously, Jefferies upgraded its rating to Buy on January 29, 2025, and kept the price target unchanged to $56. On January 29, 2025, upgrade upgraded it’s rating to Overweight and revised its price target to $60 on the stock. TD Cowen started tracking the stock assigning a Hold rating and suggested a price target of $41 on December 19, 2024. Jefferies started tracking with a Hold rating for this stock on September 04, 2024, and assigned it a price target of $46. In a note dated June 28, 2024, Susquehanna initiated an Positive rating and provided a target price of $59 on this stock.
For the past year, the stock price of Nextracker Inc fluctuated between $30.93 and $62.31. Currently, Wall Street analysts expect the stock to reach $49 within the next 12 months. Nextracker Inc [NASDAQ: NXT] shares were valued at $43.77 at the most recent close of the market. An investor can expect a potential return of 11.95% based on the average NXT price forecast.
Analyzing the NXT fundamentals
According to Nextracker Inc [NASDAQ:NXT], the company’s sales were 2.77B for trailing twelve months, which represents an -4.37% plunge. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.19, Equity is 0.47 and Total Capital is 0.34. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.24 points at the first support level, and at 42.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.23, and for the 2nd resistance point, it is at 44.69.
Ratios To Look Out For
It is important to note that Nextracker Inc [NASDAQ:NXT] has a current ratio of 2.20. On the other hand, the Quick Ratio is 1.89, and the Cash Ratio is 0.77. Considering the valuation of this stock, the price to sales ratio is 2.30, the price to book ratio is 4.47 and price to earnings (TTM) ratio is 11.53.
Transactions by insiders
Recent insider trading involved Bennett David P, Officer, that happened on Apr 02 ’25 when 5637.0 shares were purchased. Officer, Miller Nicholas Marco completed a deal on Apr 02 ’25 to buy 6479.0 shares. Meanwhile, Officer SHUGAR DANIEL S bought 27114.0 shares on Apr 02 ’25.
