Q1 EPS Estimates for Nextracker Boosted by Northland Capmk

Nextracker Inc. (NASDAQ:NXT) – Analysts at Northland Capmk lifted their Q1 2026 EPS estimates for Nextracker in a research note issued to investors on Wednesday, January 29th. Northland Capmk analyst G. Richard now anticipates that the company will post earnings per share of $0.79 for the quarter, up from their previous forecast of $0.65. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Nextracker’s current full-year earnings is $2.67 per share. Northland Capmk also issued estimates for Nextracker’s Q3 2026 earnings at $0.77 EPS and Q4 2026 earnings at $0.94 EPS.

Other equities research analysts have also issued reports about the stock. Bank of America decreased their target price on shares of Nextracker from $65.00 to $52.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. Northland Securities reissued an “outperform” rating and issued a $55.00 price objective (up from $48.00) on shares of Nextracker in a research note on Wednesday. UBS Group increased their price objective on shares of Nextracker from $60.00 to $66.00 and gave the company a “buy” rating in a report on Wednesday. Robert W. Baird dropped their price target on Nextracker from $71.00 to $53.00 and set an “outperform” rating for the company in a research note on Thursday, October 31st. Finally, Jefferies Financial Group raised shares of Nextracker from a “hold” rating to a “buy” rating and upped their price target for the company from $46.00 to $56.00 in a research note on Wednesday. Three research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $56.50.

Nextracker Price Performance

NXT opened at $50.63 on Friday. The company’s 50-day simple moving average is $39.20 and its two-hundred day simple moving average is $39.00. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.99 and a current ratio of 2.21. The stock has a market capitalization of $7.37 billion, a P/E ratio of 12.88 and a beta of 2.04. Nextracker has a 52-week low of $30.93 and a 52-week high of $62.31.

Nextracker (NASDAQ:NXT) last announced its quarterly earnings results on Tuesday, January 28th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.31. Nextracker had a return on equity of 43.83% and a net margin of 20.12%.

Insider Transactions at Nextracker

In related news, President Howard Wenger sold 6,066 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $45.00, for a total value of $272,970.00. Following the completion of the transaction, the president now directly owns 209,365 shares of the company’s stock, valued at $9,421,425. This trade represents a 2.82 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.27% of the company’s stock.

Hedge Funds Weigh In On Nextracker

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in Nextracker by 52.4% during the 4th quarter. Allworth Financial LP now owns 803 shares of the company’s stock valued at $29,000 after acquiring an additional 276 shares during the period. Quarry LP boosted its stake in shares of Nextracker by 61.5% in the third quarter. Quarry LP now owns 1,119 shares of the company’s stock worth $42,000 after buying an additional 426 shares during the last quarter. GAMMA Investing LLC grew its holdings in Nextracker by 83.2% during the third quarter. GAMMA Investing LLC now owns 1,209 shares of the company’s stock worth $45,000 after acquiring an additional 549 shares during the period. Principal Securities Inc. raised its position in Nextracker by 41.8% during the fourth quarter. Principal Securities Inc. now owns 1,390 shares of the company’s stock valued at $51,000 after acquiring an additional 410 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in Nextracker by 38.4% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,859 shares of the company’s stock valued at $68,000 after acquiring an additional 516 shares during the period. Hedge funds and other institutional investors own 67.41% of the company’s stock.

About Nextracker

Nextracker Inc, an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.