At the time of writing, Nextracker Inc [NXT] stock is trading at $59.31, down -3.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NXT shares have gain 27.44% over the last week, with a monthly amount glided 49.32%, 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 May 15, 2025, when TD Cowen reiterated its Hold rating and also boosted its price target to $55 from $47. Previously, Fox Advisors downgraded its rating to Equal Weight on May 15, 2025. On May 14, 2025, downgrade downgraded it’s rating to Neutral. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $55 on March 17, 2025. Jefferies upgraded its rating to a Buy but $56 remained the price target by the analyst firm on January 29, 2025. Barclays upgraded its rating to Overweight for this stock on January 29, 2025, and upped its price target to $60. In a note dated December 19, 2024, TD Cowen initiated an Hold rating and provided a target price of $41 on this stock.
For the past year, the stock price of Nextracker Inc fluctuated between $30.93 and $63.19. Currently, Wall Street analysts expect the stock to reach $49 within the next 12 months. Nextracker Inc [NASDAQ: NXT] shares were valued at $59.31 at the most recent close of the market. An investor can expect a potential drop of -17.38% based on the average NXT price forecast.
Analyzing the NXT fundamentals
According to Nextracker Inc [NASDAQ:NXT], the company’s sales were 2.96B for trailing twelve months, which represents an 25.50% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.38 and Total Capital is 0.3.
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 57.77 points at the first support level, and at 56.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 61.23, and for the 2nd resistance point, it is at 63.14.
Ratios To Look Out For
It is important to note that Nextracker Inc [NASDAQ:NXT] has a current ratio of 2.09. Also, the Quick Ratio is 1.89, while the Cash Ratio stands at 0.74. Considering the valuation of this stock, the price to sales ratio is 2.92, the price to book ratio is 6.06 and price to earnings (TTM) ratio is 17.15.
Transactions by insiders
Recent insider trading involved LEDESMA BRUCE, Chief Legal & Compliance Ofc, that happened on May 16 ’25 when 27453.0 shares were sold. President, Wenger Howard completed a deal on May 15 ’25 to sell 5703.0 shares. Meanwhile, Officer LEDESMA BRUCE bought 27453.0 shares on May 16 ’25.
