Nextracker Inc. specializes in providing intelligent solar tracking technology and software solutions that enhance the efficiency and performance of solar energy systems
The company designs and manufactures innovative solar tracking systems that enable solar panels to align with the sun throughout the day, maximizing energy capture. By integrating advanced monitoring and analytics tools, Nextracker empowers solar project developers and operators to optimize the operation of their renewable energy projects, thereby contributing to the global transition towards sustainable energy sources.
NEXTRACKER INC-CL A could be undervalued. NASDAQ:NXT is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced.
Shares of solar tracker company Nextracker (NASDAQNXT)
jumped 26% in the morning session after the company reported a solid "beat-and-raise" quarter. Fourth quarter results blew past analysts' revenue, EPS, and EBITDA expectations. Looking ahead, the company raised its full-year EPS and EBITDA guidance. Management pointed to a stronger sales pipeline, with contributions from all regions and new products, a positive sign for future demand. Overall, this was an impressive quarter.
Nextracker stock traded higher on Wednesday after the company reported better-than-expected 2025 fiscal-year third-quarter financial results and raised its guidance.
Solar tracker company Nextracker (NASDAQNXT) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 4.4% year on year to $679.4 million. The company expects the full year’s revenue to be around $2.85 billion, close to analysts’ estimates. Its non-GAAP profit of $1.03 per share was 74.1% above analysts’ consensus estimates.
After the conclusion of the US market's regular session on Tuesday, let's examine the after-hours session and unveil the notable performers among the top gainers and losers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the renewable energy industry, including Enphase (NASDAQENPH) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q3, starting with EnerSys (NYSEENS).
