Nextracker (NXT)

• Market cap: $10.1B
• 1 day: 1.27%
• 5 days: 6.48%
• 1 month: 1.18%
• 3 months: 12.76%
• 6 months: 49.24%
• Year to date: 73.42%
• 1 year: 85.04%
• 5 years: 124.89%
• 10 years: 124.89%
• Sector: Technology
• Industry: Solar

About: Nextracker (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. Nextracker has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

Employees: 1,300

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

76% more first-time investments, than exits

New positions opened: 102 | Existing positions closed: 58

44% more call options, than puts

Call options by funds: $330M | Put options by funds: $229M

28% more capital invested

Capital invested by funds: $5.98B [Q1] → $7.68B (+$1.7B) [Q2]

8% more funds holding

Funds holding: 469 [Q1] → 507 (+38) [Q2]

3.15% less ownership

Funds ownership: 98.71% [Q1] → 95.55% (-3.15%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 154 | Existing positions reduced: 177

30% less funds holding in top 10

Funds holding in top 10: 10 [Q1] → 7 (-3) [Q2]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $65
• Avg. target: $73
• High target: $80

9 analyst ratings

• positive: 8 89%
• neutral: 1 11%
• negative: 0 0%

Guggenheim Joseph Osha	$74	Buy Upgraded	18 Aug 2025
Barclays Christine Cho	$69	Overweight Maintained	31 Jul 2025
UBS Jon Windham	$75	Buy Maintained	31 Jul 2025
Wells Fargo Praneeth Satish	$72	Overweight Maintained	30 Jul 2025
B of A Securities Dimple Gosa	$69	Buy Maintained	30 Jul 2025