Nextracker (NXT) Expected to Announce Quarterly Earnings on Thursday

Nextracker (NASDAQ:NXT) is expected to issue its Q2 2026 results after the market closes on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.98 per share and revenue of $839.5320 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earningreport page for the latest details on the call scheduled for Thursday, October 23, 2025 at 5:00 PM ET.

Nextracker Stock Up 1.0%

NXT stock opened at $89.70 on Wednesday. The company has a market capitalization of $13.27 billion, a price-to-earnings ratio of 24.44, a P/E/G ratio of 2.21 and a beta of 2.27. Nextracker has a 12 month low of $30.93 and a 12 month high of $93.90. The firm has a 50 day moving average of $72.59 and a two-hundred day moving average of $60.32.

Insider Activity at Nextracker

In related news, Director William D. Watkins sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $56.79, for a total transaction of $567,900.00. Following the completion of the transaction, the director directly owned 7,666 shares in the company, valued at $435,352.14. This represents a 56.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Howard Wenger sold 5,703 shares of the company’s stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $70.00, for a total transaction of $399,210.00. Following the transaction, the president owned 414,256 shares of the company’s stock, valued at approximately $28,997,920. The trade was a 1.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 32,400 shares of company stock valued at $2,053,385 in the last 90 days. 0.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Nextracker

Several large investors have recently bought and sold shares of NXT. EverSource Wealth Advisors LLC raised its stake in shares of Nextracker by 179.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,127 shares of the company’s stock valued at $61,000 after buying an additional 724 shares in the last quarter. Vident Advisory LLC acquired a new position in shares of Nextracker in the 2nd quarter valued at $209,000. M&T Bank Corp acquired a new position in shares of Nextracker in the 2nd quarter valued at $223,000. Redwood Investment Management LLC raised its stake in shares of Nextracker by 4.1% in the 2nd quarter. Redwood Investment Management LLC now owns 5,177 shares of the company’s stock valued at $281,000 after buying an additional 204 shares in the last quarter. Finally, Quantinno Capital Management LP raised its stake in shares of Nextracker by 10.6% in the 2nd quarter. Quantinno Capital Management LP now owns 5,379 shares of the company’s stock valued at $292,000 after buying an additional 514 shares in the last quarter. 67.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NXT has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Nextracker in a research report on Tuesday, September 30th. They issued a “buy” rating and a $88.00 target price for the company. Citigroup raised shares of Nextracker from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $66.00 to $114.00 in a report on Tuesday. JPMorgan Chase & Co. upped their price objective on shares of Nextracker from $77.00 to $92.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Nextracker in a report on Wednesday, October 8th. Finally, Northland Capmk downgraded shares of Nextracker from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $76.05.

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.