Nextracker (NXT) ended the recent trading session at $87.58, demonstrating a -5.95% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.63%. At the same time, the Dow lost 0.65%, and the tech-heavy Nasdaq lost 0.47%.
Shares of the solar energy equipment supplier have appreciated by 35.53% over the course of the past month, outperforming the Oils-Energy sector's loss of 0.65%, and the S&P 500's gain of 0.92%.
Analysts and investors alike will be keeping a close eye on the performance of Nextracker in its upcoming earnings disclosure. The company's earnings report is set to go public on October 23, 2025. On that day, Nextracker is projected to report earnings of $0.99 per share, which would represent year-over-year growth of 2.06%. Alongside, our most recent consensus estimate is anticipating revenue of $827.35 million, indicating a 30.17% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $4.12 per share and a revenue of $3.34 billion, signifying shifts of -2.37% and +12.78%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Nextracker. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.17% increase. At present, Nextracker boasts a Zacks Rank of #3 (Hold).
With respect to valuation, Nextracker is currently being traded at a Forward P/E ratio of 22.59. This denotes a premium relative to the industry average Forward P/E of 16.82.
It's also important to note that NXT currently trades at a PEG ratio of 1.97. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Solar industry held an average PEG ratio of 1.01.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 45, positioning it in the top 19% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Nextracker Inc. (NXT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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