Nextracker
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 107 | Existing positions closed: 65
25% more funds holding in top 10
Funds holding in top 10: 8 [Q4 2024] → 10 (+2) [Q1 2025]
23% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 128
10% more capital invested
Capital invested by funds: $5.45B [Q4 2024] → $5.98B (+$523M) [Q1 2025]
8% more funds holding
Funds holding: 430 [Q4 2024] → 464 (+34) [Q1 2025]
5.17% less ownership
Funds ownership: 103.78% [Q4 2024] → 98.62% (-5.17%) [Q1 2025]
64% less call options, than puts
Call options by funds: $46.7M | Put options by funds: $129M
Research analyst outlook
11 Wall Street Analysts provided 1 year price targets over the past 3 months
11 analyst ratings
Mizuho Anthony Crowdell | 10%upside $67 | Outperform Maintained | 2 Jun 2025 |
Wells Fargo Praneeth Satish | 17%upside $71 | Overweight Maintained | 19 May 2025 |
Barclays Christine Cho | 5%upside $64 | Overweight Maintained | 16 May 2025 |
Roth Capital Philip Shen | 15%upside $70 | Buy Reiterated | 15 May 2025 |
Goldman Sachs Brian Lee | 12%upside $68 | Buy Maintained | 15 May 2025 |
Financial journalist opinion
Based on 24 articles about NXT published over the past 30 days









