Nextracker (NXT) News Today

$43.81
-2.17 (-4.72%)
(As of 05:18 PM ET)
Nextracker (NASDAQ:NXT) Shares Down 4.7% Following Analyst Downgrade
Nextracker (NASDAQ:NXT) Trading Down 4.7% on Analyst Downgrade
Nextracker: Solar Stock Rising With New Highs in Sight
Nextracker NASDAQ: NXT shares surged more than 10%, giving signs of bottoming and reversal that could return the market to its all-time highs. The surge is driven by strength in results, including a solid outlook for demand and a growing backlog that will keep the company business for the next few years.
Nextracker: Solar Stock Rising With New Highs in Sight
Nextracker had a blowout quarter driven by rising demand and a growing backlog. Results are highlighted by wider margins and surging profits.
Nextracker Target of Unusually Large Options Trading (NASDAQ:NXT)
Nextracker (NASDAQ:NXT) Shares Gap Up to $43.01
Nextracker (NASDAQ:NXT) Shares Gap Up to $43.01
Nextracker's (NXT) "Buy" Rating Reaffirmed at Truist Financial
Truist Financial reissued a "buy" rating and set a $70.00 price target on shares of Nextracker in a report on Wednesday.
Traders Purchase Large Volume of Nextracker Call Options (NASDAQ:NXT)
Nextracker Inc. (NASDAQ:NXT - Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock traders purchased 10,129 call options on the company. This is an increase of approximately 173% compared to the average daily volume of 3,706 call options.
Nextracker (NASDAQ:NXT) PT Lowered to $56.00 at BMO Capital Markets
BMO Capital Markets decreased their target price on shares of Nextracker from $62.00 to $56.00 and set a "market perform" rating on the stock in a report on Wednesday.
Fox Advisors Upgrades Nextracker (NASDAQ:NXT) to "Overweight"
Fox Advisors raised shares of Nextracker from an "equal weight" rating to an "overweight" rating and set a $60.00 target price for the company in a research report on Wednesday.
Nextracker (NASDAQ:NXT) Updates FY 2025 Earnings Guidance
Nextracker (NASDAQ:NXT) updated its FY 2025 earnings guidance. The company provided EPS guidance of 2.890-3.090 for the period, compared to the consensus estimate of 3.150. The company also issued revenue guidance of $2.8 billionillion-$2.9 billionillion, compared to the consensus estimate of $2.9 billionillion.
Nextracker Reports Q4 and FY24 Financial Results
National Bank of Canada FI Buys Shares of 49,166 Nextracker Inc. (NASDAQ:NXT)
National Bank of Canada FI acquired a new stake in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,166 shares of the comp
Nextracker Inc. (NASDAQ:NXT) Stock Position Reduced by New York State Common Retirement Fund
New York State Common Retirement Fund trimmed its position in Nextracker Inc. (NASDAQ:NXT - Free Report) by 71.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,534 shares of the company's stock after selling 52,512 shar
Seven Grand Managers LLC Invests $1.87 Million in Nextracker Inc. (NASDAQ:NXT)
Seven Grand Managers LLC purchased a new position in Nextracker Inc. (NASDAQ:NXT - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 40,000 shares of the company's stock, valued
Nextracker (NASDAQ:NXT) Stock Price Down 7%
Nextracker (NASDAQ:NXT) Shares Down 7%
Van ECK Associates Corp Takes $2.18 Million Position in Nextracker Inc. (NASDAQ:NXT)
Van ECK Associates Corp bought a new stake in Nextracker Inc. (NASDAQ:NXT - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 46,448 shares of the company's stock, valued at approximately $2,176,0
Nextracker (NXT) to Release Earnings on Tuesday
Lisanti Capital Growth LLC Decreases Stock Holdings in Nextracker Inc. (NASDAQ:NXT)
Lisanti Capital Growth LLC reduced its stake in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) by 38.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,900 shares of the company's stock after selling 49,160 sh
Nextracker Inc. (NASDAQ:NXT) Shares Bought by Victory Capital Management Inc.
Victory Capital Management Inc. lifted its holdings in Nextracker Inc. (NASDAQ:NXT - Free Report) by 31.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,689,656 shares of the company's stock after buying an
23,925 Shares in Nextracker Inc. (NASDAQ:NXT) Purchased by Tower View Wealth Management LLC
Tower View Wealth Management LLC purchased a new stake in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,925 shares of the company's sto
Scotiabank Cuts Nextracker (NASDAQ:NXT) Price Target to $50.00
Scotiabank decreased their target price on shares of Nextracker from $55.00 to $50.00 and set a "sector outperform" rating on the stock in a research note on Monday.
Nextracker (NASDAQ:NXT) Downgraded to "Market Perform" at Northland Securities
Northland Securities downgraded shares of Nextracker from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $60.00 to $44.00 in a report on Friday.
abrdn plc Makes New $13.91 Million Investment in Nextracker Inc. (NASDAQ:NXT)
abrdn plc acquired a new stake in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 296,864 shares of the company's stock, valued at approximately $
Nextracker Inc. (NXT)
Sycomore Asset Management Buys New Holdings in Nextracker Inc. (NASDAQ:NXT)
Sycomore Asset Management bought a new position in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 261,985 shares of the company's stock, valued at approximately $12,759,000. Nextracker
Nextracker (NASDAQ:NXT) Price Target Cut to $60.00
Guggenheim decreased their price objective on Nextracker from $73.00 to $60.00 and set a "buy" rating for the company in a report on Tuesday.
Handelsbanken Fonder AB Grows Stake in Nextracker Inc. (NASDAQ:NXT)
Handelsbanken Fonder AB boosted its holdings in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) by 30.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,927,825 shares of the company's stock after purchasing an additiona
Nextracker (NASDAQ:NXT) PT Lowered to $59.00
Mizuho lowered their target price on Nextracker from $64.00 to $59.00 and set a "buy" rating on the stock in a report on Friday.
Nextracker Inc. (NASDAQ:NXT) Short Interest Update
Nextracker Inc. (NASDAQ:NXT - Get Free Report) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 9,820,000 shares, a growth of 27.2% from the March 15th total of 7,720,000 shares. Approximately 7.6% of the shares of the company are short sold. Based on an average trading volume of 4,120,000 shares, the days-to-cover ratio is currently 2.4 days.
Allspring Global Investments Holdings LLC Has $18.20 Million Position in Nextracker Inc. (NASDAQ:NXT)
Allspring Global Investments Holdings LLC boosted its position in shares of Nextracker Inc. (NASDAQ:NXT - Free Report) by 330.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 388,364 shares of the company's stock after purchasing an addit
Nextracker shares target cut by Piper Sandler
Piper Sandler Cuts Nextracker (NASDAQ:NXT) Price Target to $64.00
Piper Sandler cut their target price on shares of Nextracker from $66.00 to $64.00 and set an "overweight" rating for the company in a research note on Thursday.
Bank of America Raises Nextracker (NASDAQ:NXT) Price Target to $60.00
Bank of America increased their price objective on Nextracker from $53.00 to $60.00 and gave the company a "buy" rating in a research report on Wednesday.
Moody Aldrich Partners LLC Has $6.30 Million Stock Holdings in Nextracker Inc. (NASDAQ:NXT)
Moody Aldrich Partners LLC grew its position in Nextracker Inc. (NASDAQ:NXT - Free Report) by 117.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,357 shares of the company's stock after acquiring
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NXT Media Mentions By Week

NXT Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

NXT
News Sentiment

0.77

0.56

Average
Oils/Energy
News Sentiment

NXT News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

NXT Articles
This Week

32

4

NXT Articles
Average Week

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This page (NASDAQ:NXT) was last updated on 5/16/2024 by MarketBeat.com Staff

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