A share price of Nextracker Inc [NXT] is currently trading at $61.04, up 6.12%. An important factor to consider is whether the stock is rising or falling in short-term value. The NXT shares have gain 6.05% over the last week, with a monthly amount glided 10.40%, 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.
Nextracker Inc experienced fluctuations in its stock price throughout the past year between $30.93 and $63.19. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. Nextracker Inc [NASDAQ: NXT] shares were valued at $61.04 at the most recent close of the market. An investor can expect a potential drop of -8.26% based on the average NXT price forecast.
Analyzing the NXT fundamentals
Trailing Twelve Months sales for Nextracker Inc [NASDAQ:NXT] were 2.96B which represents 25.50% growth. 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 58.44 points at the first support level, and at 55.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.97, and for the 2nd resistance point, it is at 64.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Nextracker Inc [NASDAQ:NXT] is 2.09. On the other hand, the Quick Ratio is 1.84, and the Cash Ratio is 0.74. Considering the valuation of this stock, the price to sales ratio is 3.05, the price to book ratio is 5.46 and price to earnings (TTM) ratio is 17.62.
Transactions by insiders
Recent insider trading involved Miller Nicholas Marco, Chief Operating Officer, that happened on Jul 01 ’25 when 946.0 shares were sold. Officer, Miller Nicholas Marco completed a deal on Jul 01 ’25 to buy 946.0 shares. Meanwhile, Chief Operating Officer Miller Nicholas Marco sold 5588.0 shares on Jun 25 ’25.
