Cramer's Mad Dash: Nextracker
- CNBC's Jim Cramer delivers his daily Mad Dash.
- 06/28/2024
|
3 Secret Stocks to Turn $10K into $1 Million by 2029
- These days, finding high-growth equities involves more consideration than just possible profits. It's about making sure your assets have the potential to grow massively in the future.
- 06/28/2024
|
Jim Cramer just loaded up on Nextracker stock: should you too?
- Famed investor Jim Cramer is tapping on an over 20% hit to Nextracker Inc (NASDAQ: NXT) in recent weeks to build a position. Shares of the solar energy solutions company are roughly flat for the year.
- 06/27/2024
|
USDA Approves Merck Animal Health's NOBIVAC® NXT Canine Flu H3N2 – The First and Only RNA-Particle Technology Vaccine for Canine Influenza
- RAHWAY, N.J.--(BUSINESS WIRE)--Merck Animal Health, known as MSD Animal Health outside of the United States and Canada, a division of Merck & Co., Inc., Rahway, N.J., USA (NYSE:MRK), announced today the U.S. Department of Agriculture (USDA) approval of NOBIVAC® NXT Canine Flu H3N2, a next-level solution to help safeguard dogs against the ongoing threat of canine influenza. The product is expected to be available at veterinary clinics and hospitals nationwide late this summer. Merck Animal H.
- 06/25/2024
|
Nextracker (NXT) Is Considered a Good Investment by Brokers: Is That True?
- Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
- 06/25/2024
|
Wall Street Favorites: 3 Renewable Energy Stocks With Strong Buy Ratings for June 2024
- The International Energy Agency's Renewables 2023 report highlights a rapid 50% expansion in renewable power capacity, driven by China, Europe, the United States, and Brazil. Solar photovoltaic (PV) and wind led this growth, underscoring the potential of strong buy renewable energy stocks.
- 06/21/2024
|
3 Solar Stocks to Buy Now: June 2024
- The demand for solar energy is jumping in the U.S. as more electricity consumption increases, CNBC reported, leading to a lucrative opportunity in solar stocks to buy now. What's more, multiple industry sources say that the sector is reaching a positive turning point because Big Tech companies, in order to comply with their low-carbon pledges and power their data centers, will have to invest a great deal of money in solar.
- 06/21/2024
|
Nextracker Acquires Ojjo to Expand Utility-Scale Solar Tracker Foundations Business
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (NASDAQ: NXT), a global provider of intelligent solar tracker and software solutions, today announced it has acquired Ojjo in an all-cash transaction for approximately $119 million. The purchase price is subject to working capital and other customary purchase price adjustments. Ojjo is a U.S.-based renewable energy company specializing in foundation technology and services used in utility-scale ground-mount applications for solar power generation. Co.
- 06/20/2024
|
Investors Heavily Search Nextracker Inc. (NXT): Here is What You Need to Know
- Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/18/2024
|
Nextracker and Unimacts Dedicate Second Nevada Factory to Serve Solar Power Demand
- LAS VEGAS--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global market leader in solar tracker and software solutions, and Unimacts (UNX), a leading provider of industrial manufacturing and supply chain solutions, today jointly announced a new factory in the Las Vegas area. This is the second Nextracker-dedicated manufacturing line that Unimacts has opened in the last year. The new, 160,000-square-foot facility in Sloan, Nevada, produces steel torque tubes used to hold and rotate solar panels in.
- 06/18/2024
|
Top 3 Jim Cramer recommended stocks to own in 2024
- Famed investor Jim Cramer remains convinced that the current environment is suitable for owning stocks. Here are the top three must-own stocks that he recommends buying for 2024.
- 06/16/2024
|
Nextracker (NXT) Outperforms Broader Market: What You Need to Know
- Nextracker (NXT) concluded the recent trading session at $60.53, signifying a +0.41% move from its prior day's close.
- 06/13/2024
|
Solar Stocks Shine As Inflation Cools; First Solar, Nextracker, Enphase Drive TAN ETF Higher
- Economic data highlighted slowing inflation, raising hopes for interest rate cuts — and boding well for solar stocks, including First Solar.
- 06/12/2024
|
Solar Revolution Gaining Traction: 3 Stocks to Keep an Eye on
- With solar energy likely responsible for majority of the increase in domestic power generation, SunPower (SPWR), Nextracker (NXT) and First Solar (FSLR) are well poised to gain.
- 06/12/2024
|
Meta Leads Five Stocks Near Buy Points As Market Rally Flashes Deep Green
- Meta stock rebounded above a key level last week, clearing an early entry. Meta Platforms one of five stocks near buy points.
- 06/08/2024
|
Renewable energy will be the predominant power source for data centers, Nextracker CEO says
- Nextracker CEO Dan Shugar said renewable energy will be the predominant power source for data centers as opposed to natural gas. Nextracker is a leading provider of systems that allow solar panels to track the position of the sun, improving performance.
- 06/07/2024
|
IPO Stock Of The Week Nextracker Approaches New Buy Point After 28% Surge
- IPO Stock Of The Week, Nextracker stock, is approaching a new buy point on the stock market today. Here's the buy trigger.
- 06/07/2024
|
Nextracker (NXT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
- Nextracker (NXT) concluded the recent trading session at $55.81, signifying a -0.91% move from its prior day's close.
- 06/06/2024
|
Nextracker to Present at the J.P. Morgan Energy, Power & Renewables Conference
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) announced today that Company leaders will present at the upcoming investor conference: J.P. Morgan Energy, Power & Renewables Conference Fireside Chat June 17, 2024 10:10 a.m. PT / 1:10 p.m. ET Live webcast will be available on investors.nextracker.com The webcast replay will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent, integrated s.
- 06/04/2024
|
Nextracker Inc. (NXT) is Attracting Investor Attention: Here is What You Should Know
- Nextracker (NXT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
- 06/03/2024
|
Next and Harley Davidson in dispute over ‘copycat' t-shirt
- Next PLC (LSE:NXT) has been accused by Harley Davidson of copying the motorbike maker's logo for a children's t-shirt it sold. In a high-court dispute between the two companies, Harley Davidson has demanded Next remove from sale and destroy all its long-sleeve “motorbike-inspired” t-shirts.
- 06/03/2024
|
NXT Announces Fully Subscribed US$2.0 Million Convertible Debenture
- CALGARY, AB / ACCESSWIRE / June 3, 2024 / NXT Energy Solutions Inc. ("NXT" or the "Company") (TSX:SFD)(OTCQB:NSFDF) is pleased to announce it has issued convertible debentures (the "Debentures") to MCAPM LP for the principal amount of US$2,000,000, being approximately CDN$2,742,800, pursuant to the terms of a subscription agreement with NXT. The Toronto Stock Exchange (the "TSX") has provided conditional approval of the private placement.
- 06/03/2024
|
Solar Leader Nears Buy Point With Strong Sales Growth
- Solar stock Nextracker is nearing a buy point after rallying 20% year to date. Nextracker provides tracking software and products for solar projects.
- 05/31/2024
|
3 Growth Stocks to Invest in Now for Life-Changing Returns
- The ingenuity shown by the most innovative companies means that the stock market keeps producing life-changing growth stocks every year. These young companies continue to become behemoths.
- 05/31/2024
|
Why the Market Dipped But Nextracker (NXT) Gained Today
- Nextracker (NXT) closed the most recent trading day at $56.65, moving +0.6% from the previous trading session.
- 05/30/2024
|
Want to Make a Million? 3 High-Growth Stocks to Invest in NOW.
- Finding high-growth investment opportunities in the middle of volatile markets is like finding gold. These days, three exceptional businesses have surfaced, all displaying eye-catching numbers and bright futures that attract the attention of astute investors throughout the globe.
- 05/27/2024
|
Spinoff Speed Demons: How Much Further Can These 3 Stocks Run?
- Despite being unwanted and unloved, spinoff stocks are often excellent stocks to buy and hold. Since investors bought shares in the parent company, they are often not interested in the business.
- 05/26/2024
|
Investing on Steroids: 7 High-Growth Stocks for the Bold and Daring
- To use a baseball analogy, high-growth stocks to buy is the equivalent of going up to the plate to do some damage. It's the exact opposite of laying down a bunt to bring a runner home.
- 05/24/2024
|
Nextracker Inc. (NXT) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Nextracker (NXT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 05/22/2024
|
Panagora Asset Management Inc. Sells 36,135 Shares of Nextracker Inc. (NASDAQ:NXT)
- Panagora Asset Management Inc. reduced its position in shares of Nextracker Inc. (NASDAQ:NXT – Free Report) by 36.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 61,764 shares of the company’s stock after selling 36,135 shares during the period. Panagora Asset Management Inc.’s holdings in Nextracker were worth $2,894,000 at the end of the most recent quarter. A number of other large investors also recently made changes to their positions in the company. Jacobs Levy Equity Management Inc. lifted its position in shares of Nextracker by 2,652.9% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 994,981 shares of the company’s stock worth $39,958,000 after buying an additional 958,838 shares in the last quarter. Handelsbanken Fonder AB lifted its holdings in Nextracker by 30.1% during the fourth quarter. Handelsbanken Fonder AB now owns 1,927,825 shares of the company’s stock worth $90,319,000 after acquiring an additional 446,034 shares during the period. Victory Capital Management Inc. boosted its position in Nextracker by 31.4% in the fourth quarter. Victory Capital Management Inc. now owns 1,689,656 shares of the company’s stock worth $79,160,000 after purchasing an additional 404,146 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new position in Nextracker in the 3rd quarter valued at $13,023,000. Finally, Allspring Global Investments Holdings LLC grew its stake in Nextracker by 330.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 388,364 shares of the company’s stock valued at $18,195,000 after purchasing an additional 298,088 shares during the period. 67.41% of the stock is owned by institutional investors. Analyst Upgrades and Downgrades A number of equities analysts recently weighed in on NXT shares. Fox Advisors raised shares of Nextracker from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Wednesday, May 15th. Bank of America boosted their target price on shares of Nextracker from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Scotiabank decreased their price target on shares of Nextracker from $55.00 to $50.00 and set a “sector outperform” rating for the company in a research note on Monday, April 29th. Piper Sandler dropped their price objective on Nextracker from $66.00 to $64.00 and set an “overweight” rating on the stock in a research note on Thursday, April 11th. Finally, Northland Securities downgraded Nextracker from an “outperform” rating to a “market perform” rating and decreased their target price for the stock from $60.00 to $44.00 in a research report on Friday, April 26th. Four research analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, Nextracker currently has an average rating of “Moderate Buy” and an average price target of $58.52. Get Our Latest Stock Report on NXT Nextracker Stock Performance Nextracker stock opened at $44.20 on Monday. Nextracker Inc. has a fifty-two week low of $32.14 and a fifty-two week high of $62.14. The stock has a market cap of $6.04 billion, a P/E ratio of 13.15 and a beta of 2.42. The firm’s fifty day moving average price is $49.79 and its 200-day moving average price is $47.92. Insider Buying and Selling In other Nextracker news, COO Nicholas Marco Miller sold 8,355 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $52.67, for a total value of $440,057.85. Following the sale, the chief operating officer now owns 11,114 shares of the company’s stock, valued at approximately $585,374.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Leah Schlesinger sold 2,149 shares of the stock in a transaction on Wednesday, April 3rd. The stock was sold at an average price of $51.91, for a total value of $111,554.59. Following the transaction, the insider now owns 11,910 shares of the company’s stock, valued at $618,248.10. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Nicholas Marco Miller sold 8,355 shares of Nextracker stock in a transaction dated Tuesday, April 2nd. The stock was sold at an average price of $52.67, for a total value of $440,057.85. Following the sale, the chief operating officer now directly owns 11,114 shares of the company’s stock, valued at approximately $585,374.38. The disclosure for this sale can be found here. 0.09% of the stock is owned by company insiders. Nextracker Company Profile (Free Report) Nextracker Inc, an energy solutions company, provides solar tracker and software solutions for utility-scale and ground-mounted distributed generation solar projects worldwide. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; NX Gemini, a two-in-portrait format tracker, which holds two rows of solar panels along the central support beam; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.
- 05/20/2024
|
10,066 Shares in Crane NXT, Co. (NYSE:CXT) Acquired by International Assets Investment Management LLC
- International Assets Investment Management LLC purchased a new stake in Crane NXT, Co. (NYSE:CXT – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 10,066 shares of the company’s stock, valued at approximately $572,000. A number of other institutional investors and hedge funds have also recently modified their holdings of CXT. Hudson Bay Capital Management LP acquired a new position in shares of Crane NXT during the 3rd quarter valued at $3,319,000. Clearbridge Investments LLC acquired a new position in shares of Crane NXT during the third quarter valued at about $10,781,000. Swiss National Bank bought a new position in shares of Crane NXT during the 3rd quarter worth about $5,890,000. Signaturefd LLC acquired a new stake in shares of Crane NXT in the 3rd quarter valued at about $109,000. Finally, J.P. Morgan Private Wealth Advisors LLC bought a new stake in Crane NXT in the 3rd quarter valued at about $610,000. 77.49% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several analysts recently issued reports on the stock. DA Davidson lifted their price target on shares of Crane NXT from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Northland Securities began coverage on shares of Crane NXT in a report on Monday, April 8th. They set an “outperform” rating and a $91.00 price objective for the company. Read Our Latest Stock Analysis on Crane NXT Crane NXT Stock Performance Shares of CXT stock opened at $60.41 on Monday. Crane NXT, Co. has a 52 week low of $48.42 and a 52 week high of $63.89. The firm’s 50-day simple moving average is $60.95 and its two-hundred day simple moving average is $57.67. The firm has a market cap of $3.45 billion, a price-to-earnings ratio of 19.06 and a beta of 1.36. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.56 and a current ratio of 2.12. Crane NXT (NYSE:CXT – Get Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.85 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.01). Crane NXT had a net margin of 13.26% and a return on equity of 25.50%. The firm had revenue of $313.60 million during the quarter, compared to analysts’ expectations of $311.72 million. During the same quarter in the previous year, the company posted $0.96 EPS. Crane NXT’s revenue for the quarter was down 4.7% on a year-over-year basis. As a group, equities analysts forecast that Crane NXT, Co. will post 4.3 earnings per share for the current year. Crane NXT Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Friday, May 31st will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 1.06%. The ex-dividend date of this dividend is Friday, May 31st. Crane NXT’s dividend payout ratio (DPR) is currently 20.19%. About Crane NXT (Free Report) Crane NXT, Co operates as an industrial technology company that provides technology solutions to secure, detect, and authenticate customers' important assets. The company operates through Crane Payment Innovations and Crane Currency segments. The Crane Payment Innovations segment offers electronic equipment and associated software, as well as advanced automation solutions, processing systems, field service solutions, remote diagnostics, and productivity software solutions.
- 05/20/2024
|
Renewable Riches: 3 Stocks Harnessing the Power of Green Energy
- Are you looking for renewable energy stocks to buy? Indeed, global economies are taking major steps to shift to clean energy and reach steep climate change targets to address the need to reduce carbon footprint and emissions.
- 05/18/2024
|
Wall Street Analysts See Nextracker (NXT) as a Buy: Should You Invest?
- The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
- 05/16/2024
|
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.
- 05/16/2024
|
Nextracker Stock Shines as Earnings Benefit From Strong Demand and Cost Discipline
- Nextracker post adjusted fiscal fourth-quarter earnings of 96 cents a share on revenue of $736.5 million.
- 05/15/2024
|
Nextracker Inc. (NXT) Q4 2024 Earnings Call Transcript
- Nextracker Inc. (NASDAQ:NXT ) Q4 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Mary Lai - Vice President, Investor Relations Daniel Shugar - Founder & Chief Executive Officer Howard Wenger - President David Bennett - Chief Financial Officer Conference Call Participants Praneeth Satish - Wells Fargo Philip Shen - ROTH MTM Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Vikram Bagri - Citi Christine Cho - Barclays Dylan Nassano - Wolfe Research Maheep Mandloi - Mizuho Operator Good afternoon, everyone and thank you for standing by. My name is Sierra, and I will be your conference operator today.
- 05/14/2024
|
Nextracker Stock Jumps as Demand for Solar Tracking Solutions Drives Earnings Beat
- Nextracker (NXT) shares jumped nearly 13% in extended trading Tuesday after the maker of intelligent solar tracker solutions topped Wall Street's quarterly estimates amid growing demand in U.S. and global markets.
- 05/14/2024
|
Nextracker (NXT) Tops Q4 Earnings and Revenue Estimates
- Nextracker (NXT) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.21 per share a year ago.
- 05/14/2024
|
Nextracker Reports Q4 and FY24 Financial Results
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the fourth quarter and fiscal year ended March 31, 2024. Full FY2024 Financial Highlights Revenue $2.5 billion, up 31% YoY GAAP net income $496 million, diluted EPS $3.37 Adjusted EBITDA $521 million, up 150% YoY (excludes IRA 45X tax credit benefits) Adjusted net income $451 million, adjusted diluted EPS $3.06 (excludes IR.
- 05/14/2024
|
Why Nextracker (NXT) Could Beat Earnings Estimates Again
- Nextracker (NXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 05/10/2024
|
Is a Surprise Coming for Nextracker (NXT) This Earnings Season?
- Nextracker (NXT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 05/10/2024
|
Nextracker (NXT) Stock Declines While Market Improves: Some Information for Investors
- Nextracker (NXT) reachead $46.02 at the closing of the latest trading day, reflecting a -1.86% change compared to its last close.
- 05/07/2024
|
Nextracker (NXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
- Nextracker (NXT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/07/2024
|
Nextracker (NXT) Ascends While Market Falls: Some Facts to Note
- In the closing of the recent trading day, Nextracker (NXT) stood at $42.87, denoting a +0.19% change from the preceding trading day.
- 05/01/2024
|
Should You Invest in Nextracker (NXT) Based on Bullish Wall Street Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/30/2024
|
3 Solar Stocks to Watch Amid Bleak Residential Installation View
- Solid solar installations, along with the Inflation Reduction Act, should drive solar capacity growth in 2024, amid a weak outlook for residential installations. You may keep a watch on ENPH, NXT and CSIQ.
- 04/26/2024
|
Nextracker and JENNMAR Subsidiary JM Steel Bolster U.S. Supply Chain with New Facility Expansion to Triple Capacity for Solar Energy Projects
- PITTSBURGH--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global provider of intelligent solar tracker and software solutions, and JENNMAR Holdings ("JENNMAR”) subsidiary JM Steel, a premier steel processing provider, jointly announced the completion of a major expansion of Nextracker-dedicated manufacturing lines at JM Steel's Leetsdale steel facility achieving 4 GW of capacity. Inaugurated and reopened in 2022, the refurbished historic factory produces American-made, critical steel components.
- 04/26/2024
|
Nextracker (NXT) Stock Slides as Market Rises: Facts to Know Before You Trade
- In the latest trading session, Nextracker (NXT) closed at $43.88, marking a -1.22% move from the previous day.
- 04/24/2024
|
Protect Our Earth With 5 ETF & Stock Investing Strategies (Revised)
- Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.
- 04/24/2024
|
Nextracker Launches Industry's First Low Carbon Solar Tracker Solution
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global provider of intelligent solar tracker and software solutions, today announced the availability of its flagship NX Horizon™ solar tracker system with up to 35% lower carbon footprint. Marking a significant milestone for solar energy, the NX Horizon low carbon tracker solution culminates Nextracker's technology leadership and robust supply chain solutions including the use of electric arc furnace (EAF) manufacturing, recycled st.
- 04/23/2024
|
Protect Our Earth With 5 ETF & Stock Investing Strategies
- Rising global warming and its adverse impact on Earth makes it important for investors to be socially responsive while creating their investment portfolio. While these stocks and ETFs should gain, rising natural disasters should also boost businesses of disaster recovery stocks.
- 04/22/2024
|
Nextracker (NXT) Declines More Than Market: Some Information for Investors
- In the closing of the recent trading day, Nextracker (NXT) stood at $44.54, denoting a -0.49% change from the preceding trading day.
- 04/18/2024
|
Will Nextracker (NXT) Beat Estimates Again in Its Next Earnings Report?
- Nextracker (NXT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 04/09/2024
|
Nextracker (NXT) Ascends While Market Falls: Some Facts to Note
- Nextracker (NXT) closed at $50.99 in the latest trading session, marking a +1.88% move from the prior day.
- 04/08/2024
|
The 3 Best Growth Stocks to Buy in April 2024
- Growth stocks rocketed in the first quarter as markets priced in Federal Reserve rate cuts. Indeed, based on history, the best growth stocks to buy in April will benefit if the Fed cuts rates.
- 04/07/2024
|
What To Buy After You Sell The Russell 2000
- What To Buy After You Sell The Russell 2000
- 04/03/2024
|
Reasons to Add Nextracker (NXT) Stock to Your Portfolio Now
- Nextracker (NXT) makes a strong case for investment in the Solar space with its rising backlog, improved liquidity and rising earnings estimates.
- 04/01/2024
|
Time to Buy These Top-Rated Solar Industry Stocks for a Rebound
- Naturally, a more stable inflationary environment is critical for solar industry stocks and many of these equities look poised for an extended rebound with potential rate cuts looming this year.
- 03/20/2024
|
Embrace Clean Energy, Focus on These 3 Shining Solar Stocks
- Almost all the regions of the United States in 2024 will see increasing electricity generation from renewables. Maxeon Solar (MAXN), Nextracker (NXT) and First Solar (FSLR) are thus well poised to gain.
- 03/05/2024
|
Nextracker ($NXT) to Provide All-Terrain Smart Solar Trackers for 1.17 GW Saudi Arabia Solar Project
- Nextracker (NASDAQ: NXT), a global leader in intelligent solar tracker solutions, has been chosen by ACWA Power and Larsen & Toubro Limited to supply its all-terrain tracker NX Horizon-XTR for a 1.17 GW installation in Saudi Arabia. The project will utilize Nextracker's smart solar tracker systems.
- 02/21/2024
|
7 Solar Stocks That Could Make Your February Unforgettable
- There are some great solar stocks to buy for February. These companies trade at attractive valuations and have great growth prospects.
- 02/18/2024
|
The 3 Most Undervalued Growth Stocks to Buy in February 2024
- As this bull market heats up, frothy valuations are beginning to show up. Some companies are garnering unwarranted attention by just mentioning AI in their earnings call.
- 02/12/2024
|
3 Renewable Energy Stocks to Own Before the Election Frenzy Begins
- This week, the World Resources Institute released a report on the current outlook for renewable energy. The report, which objectively covered many recent renewable wins, admitted that “the biggest factor influencing the future of U.S. clean energy development will be results of the 2024 presidential election.
- 02/11/2024
|
5 Signs of an IPO Resurgence
- After a string of disappointing years, the IPO market is on the mend. The IPO resurgence is a healthy sign for equity market and will provide investors with more early-stage growth opportunities in 2024.
- 02/09/2024
|
3 Strong Buy Renewable Energy Stocks to Add to Your February Must-Watch List
- Renewable energy has been one of the fastest-growing sectors over the past decades. The federal energy subsidies and incentives for renewable energy companies have more than doubled from 7.4 billion in FY 2016 to 15.6 billion in FY 2022.
- 02/09/2024
|
Solar Industry Update: One Solar Company Shines Above the Rest
- Higher interest rates cause challenges to the solar industry due to increased financing costs. Solar stocks have plummeted as a result.
- 02/07/2024
|
Earnings Estimates Rising for Nextracker (NXT): Will It Gain?
- Nextracker (NXT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/06/2024
|
3 Solar Stocks to Watch Amid Declining Solar Module Pricing
- Inflation Reduction Act (IRA) benefits and increasing installation activities should benefit U.S. solar industry amid declining module pricing. You may keep FSLR, NXT and SPWR in your watchlist.
- 02/05/2024
|
2 solar tracker stocks to make your portfolio sizzle in 2024
- Solar energy stocks have had a rollercoaster ride in the past few years. From solar panels to microinverters, there is no part of a solar energy system that can't experience supply and demand shock.
- 02/05/2024
|
Nextracker CEO says 'solar is unstoppable' as market sees 'unprecedented demand growth'
- Nextracker's soared this week after the company reported earnings that beat expectations by a wide margin, raised its guidance and reported a record backlog.
- 02/02/2024
|
Nextracker: The sun is rising for this solar stock
- Solar stocks struggled in 2023 and early 2024 due to sluggish demand and a deteriorating outlook for growth, but Nextracker Inc. NASDAQ: NXT is not your run-of-the-mill solar stock.
- 02/02/2024
|
Nextracker stock price targets raised after an impressive Q3
- Wall Street is racing up to raise its price target on Nextracker Inc (NASDAQ: NXT) after the solar tracker solutions company reported exceptionally strong results for its fiscal third quarter. Nextracker stock has upside to $73 Nextracker stock is already up a whopping 20% at writing.
- 02/01/2024
|
Nextracker Inc. (NXT) Q3 2024 Earnings Call Transcript
- Nextracker Inc. (NXT) Q3 2024 Earnings Call Transcript
- 01/31/2024
|
Nextracker Inc.: Riding The Solar Power Tide While Growing Profitably
- Nextracker is a global leader in the solar tracking industry. The company benefits from the solar power ecosystem growth. NXT is growing profitably, presents a healthy balance sheet, strong consecutive ER, and has the potential to be a successful and fruitful investment.
- 01/14/2024
|
Nextracker to Announce Third Quarter Fiscal 2024 Results on January 31, 2024
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its third quarter fiscal 2024 financial results after the market closes on Wednesday, January 31, 2024. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Q3 FY2024 Earnings Call January 31, 2024 1:30 p.m. PT / 4:30 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available.
- 01/08/2024
|
3 Renewable Energy Stocks Poised to Beat the Market in 2024
- The International Energy Agency projects cumulative world renewable capacity to reach more than 4500 gigawatts (GW) at the end of 2024. This should encourage one to buy stocks like CEG, RNW and NXT.
- 12/26/2023
|
The 2023 IPO scene: Biggest hits and misses
- After navigating treacherous waters in the preceding year, the US initial public offering (IPO) market embarked on a path of recovery in 2023, signaling the inception of a new upcycle.
- 12/25/2023
|
New Strong Buy Stocks for December 19th
- BECN, SUN, NXT, FPAY and HGTY have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2023.
- 12/19/2023
|
Nextracker to Present at the Goldman Sachs Energy, CleanTech & Utilities Conference
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) announced today that Company leaders will present at the upcoming investor conference: 2024 Goldman Sachs Energy, CleanTech & Utilities Conference Fireside Chat January 5, 2024 7:00 a.m. PT / 10:00 a.m. ET Live webcast will be available on investors.nextracker.com The webcast replay will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker is a leading provider of intelligent,.
- 12/12/2023
|
2023's most anticipated IPOs weren't always the big winners
- So far in 2023, 146 companies have gone public in the U.S. markets, down 16.09% from the same time last year. Although the IPO market has been choppy amid higher interest rates and broad equity market uncertainty, the new companies as a whole have outperformed the S&P 500.
- 11/29/2023
|
US Solar Electricity Generation to Beat Hydro: Stocks to Buy
- The solar capacity increase is projected to reduce generation from fossil fuel-fired power plants in the nation. You may buy JKS, NXT and SHLS.
- 11/27/2023
|
Nextracker: What's Next After Flex?
- Nextracker's shares have performed well since its IPO in February, benefiting from a strong earnings report and a positive outlook. The company's former parent company, Flex, plans to divest all of its shares in Nextracker, which raises caution in the near term. NXT has seen success as a publicly listed company, but the current headwinds in the solar industry may impact its future performance.
- 11/24/2023
|
3 Solar Stocks to Watch Amid Consistent Supply-Chain Hurdles
- The growth prospects for the U.S. solar industry remain bleak on account of consistent supply-chain challenges amid solid installation activities and IRA benefits. You may still keep FSLR, NXT and JKS in your watchlist.
- 11/13/2023
|
Why Flex Stock Popped Today
- Flex announced stronger-than-expected earnings for its fiscal second quarter, driven by margin expansion initiatives. The manufacturing leader also announced a plan to spin off its 51.47% interest in Nextracker to Flex shareholders.
- 10/26/2023
|
Nextracker to Announce Second Quarter Fiscal 2024 Results on October 25, 2023
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its second quarter fiscal 2024 financial results after the market closes on Wednesday, October 25, 2023. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). Q2 FY2024 Earnings Call October 25, 2023 1:30 p.m. PT / 4:30 p.m. ET Live webcast available on investors.nextracker.com The webcast replay, along with supporting materials, will be available.
- 10/09/2023
|
5 Cheap Ways to Ride The AI Supercycle to Profits
- The AI revolution is upon us, and few sectors are better positioned to profit from it than the electronics manufacturing industry. These companies are already leaning hard into AI to improve their operations, increase productivity, and deliver returns for investors, and their clients are doing the same.
- 09/28/2023
|
From Dust to Diamonds: 7 Undervalued Stocks With Sparkling Prospects
- In the vast equities landscape, hidden gems are waiting to be unearthed. Like diamonds in the rough, these undervalued stocks possess the potential to shine brightly in an investment portfolio.
- 09/27/2023
|
Navigating the IPO Minefield: 3 Hidden Gems
- IPOs are the lifeblood of the stock market but can also present risk. Strategist Andrew Rocco walks you through pitfalls to watch, and 3 IPOs set to outperform over the next 6-12 months.
- 09/22/2023
|
Nextracker: Industry Positioning, Legislative Tailwinds Are Bullish Factors, Rate Buy
- Nextracker is an attractive investment within the cleantech thematic, boasting a global fleet of productive infrastructure and heavy institutional ownership. The company provides solar tracker solutions and software for large-scale solar power installations, with a global network of partners. A buy rating is supported by regulatory tailwinds and projected industry growth, as well as positive financial performance and sentiment.
- 09/12/2023
|
3 Up-and-Coming IPOs to Put on Your Must-Buy List
- Initial public offering (IPO) is the stock issuance process onto the public market. There are a few different methods by which a company will first become listed on a stock exchange.
- 08/29/2023
|
Why Nextracker (NXT) Might Surprise This Earnings Season
- Nextracker (NXT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 07/25/2023
|
What Makes Nextracker (NXT) a New Buy Stock
- Nextracker (NXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 07/20/2023
|
Two stocks for investors who want to ride along as electric utilities build more solar fields
- When thinking about how to make money from solar power, investors may tend to focus the three best-known names among equipment manufacturers. But digging a bit deeper can highlight companies that may be set to grow sales and profits more rapidly.
- 07/17/2023
|
Flex Ltd.: Nextracker IPO And Enphase Microinverter Partnership Are Positive Catalysts
- Enphase Energy has invested $60 million to manufacture its microinverters in the US, with the finished product to be built by Flex Ltd. Flex, a global leader in contract supply-chain electronic manufacturing services, saw a 16.5% year-on-year revenue growth in FY23 and a 20.4% increase in non-GAAP income EPS. Flex recently completed the IPO of its solar-technology based Nextracker segment and reduced its debt by over $300 million in FY23.
- 07/15/2023
|
Nextracker Announces Date for First Quarter Fiscal 2024 Earnings Call
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT) will announce its first quarter fiscal 2024 financial results after the market closes on Wednesday, July 26, 2023. The company will hold a conference call to discuss the results on the same day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). The live webcast presentation will be available on the Nextracker Investor Relations (IR) website located at investors.nextracker.com. The webcast replay, along with supporting materials, will b.
- 07/10/2023
|
The 3 Hottest IPOs to Buy Before They Soar
- It has been a tough, quiet year in the market for initial public stock offerings (IPOs) which has investors eagerly searching for high potential IPOs. In the global IPO landscape, the first quarter of 2023 witnessed a total of 299 IPOs, raising an amount of $21.5 billion.
- 06/28/2023
|
Nextracker: Tracking Higher
- Nextracker has been doing alright since the Flex spin-off went public in February. This is driven by solid fourth quarter results and a convincing fiscal 2024 outlook. I like the operating performance, but fear that the valuations are too demanding to create a compelling risk-reward here.
- 06/17/2023
|
Nextracker to Participate in Upcoming Investor Conference
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), one of the world's leading providers of intelligent solar tracker and software solutions, has announced members of its leadership team will participate in the upcoming investor conference: J.P. Morgan 2023 Energy, Powers and Renewables Conference Date: June 21, 2023 Presentation time: 4:40am PT / 7:40am ET The presentation will be available as a live webcast accessible through the Nextracker Investor Relations website at https://invest.
- 06/13/2023
|
Load Up on These 5 Exceptional Relative Price Strength Stocks
- IDCC, TMHC, NXT, GRBK and LGND are five stocks with explosive relative price strength.
- 05/16/2023
|
Love French Fries? You May Want To Taste This Growth Stock
- Nextracker and Lamb Weston made it to new highs on Friday. The post Love French Fries?
- 05/12/2023
|
3 New Stocks to Watch in April 2023 for Potential Breakout Opportunities
- If you're looking for new stocks to watch in 2023 for potential breakout opportunities, the most logical options would be new initial public offerings (IPOs). According to Renaissance Capital, there have been 36 IPOs year-to-date.
- 04/19/2023
|
3 IPOs to Watch Out for in 2023
- If you've been looking for IPOs to watch out for in 2023, you've likely come up empty-handed. According to Renaissance Capital, just 29 companies have gone public in the United States so far this year, raising $2.3 billion in proceeds.
- 04/01/2023
|
IPO Stock Of The Week: Nextracker Breaks Out Past New Buy Point
- IPO Stock Of The Week Nextracker broke out to new high and is one of the top IPO stocks to watch. The post IPO Stock Of The Week: Nextracker Breaks Out Past New Buy Point appeared first on Investor's Business Daily.
- 03/31/2023
|
Nextracker Announces Date for Fourth Quarter and Fiscal 2023 Earnings Call
- FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (NASDAQ: NXT) will announce its fourth quarter and fiscal 2023 financial results after the market closes on Wednesday, May 10, 2023. The company will hold a conference call to discuss the results on the same day at 2:30 p.m. Pacific Time (5:30 p.m. Eastern Time). The live webcast presentation will be available on the Nextracker Investor Relations (IR) website located at investors.nextracker.com.
- 03/29/2023
|
Nextracker stock could climb to $40: Bank of America
- Shares of Nextracker Inc (NASDAQ: NXT) have already gained more than 20% in recent days but a Bank of America analyst is convinced that it's still not too late to invest in this solar solutions company.
- 03/29/2023
|
Why Solar Energy Stocks Were on Fire This Week
- Canadian Solar and Array Technologies reported earnings that point to higher demand broadly for solar energy. Interest rates continued to ease, making solar more economical for developers.
- 03/24/2023
|
IPO Stock Of The Week: Hot New Issue Nextracker Triggers Key Sell Rule In Today's Stock Market Sell-Off
- IPO stock and solar leader Nextracker triggered a key sell rule Friday, with the stock diving around 8% in today's stock market. The post IPO Stock Of The Week: Hot New Issue Nextracker Triggers Key Sell Rule In Today's Stock Market Sell-Off appeared first on Investor's Business Daily.
- 03/10/2023
|
Solar Tech-Services; Nextracker Should Be On Your Radar
- Nextracker (NASDAQ: NXT) IPOd only a few weeks ago but is already building momentum for a sustained rally. The company provides equipment, software, and services for the solar industry and is a high-demand business.
- 03/06/2023
|
NEXTracker: Keeping Track Off
- Nextracker Inc. is a solar tracking business being spun out from Flex. The company has seen a successful public debut, after the IPO market was closed for a long time.
- 02/10/2023
|
Nextracker's $638M IPO market brings wave of relief to barren IPO market
- The IPO market got a dose of good news Thursday, as solar energy company Nextracker Inc raised $638 million in its IPO. The maker of solar tracker systems was the largest US IPO since Mobileye Global Inc's October debut on Nasdaq.
- 02/10/2023
|
NXT Stock Alert: 5 Things to Know as Nextracker Starts Trading
- Nextracker (NASDAQ: NXT ) has officially begun trading and it's enjoying an impressive start. Since debuting on the Nasdaq this morning, the solar tracking innovator has made a lot of progress.
- 02/09/2023
|
Nextracker IPO Tops Expectations As Solar Company Raises $638.4 Million
- The Nextracker IPO is the largest initial public offering since Mobileye in October, raising $638 million for the solar tracker maker. The post Nextracker IPO Tops Expectations As Solar Company Raises $638.4 Million appeared first on Investor's Business Daily.
- 02/09/2023
|
IPOs ride stock-market surge with debuts from Nextracker, Hesai Group and others
- Two initial public offerings underwritten by major investment banks added shares ahead of their trading debuts on Thursday, as the new-issues market taps into strong gains by the broad equities market so far in 2023.
- 02/09/2023
|
Nextracker prices IPO above range for Thursday debut
- Flex Ltd. FLEX, -1.23% said Thursday its solar tracker software maker unit Nextracker Inc. NXT, increased the size of its initial public offering to 26.6 million shares from 23.26 million shares and priced it at $24 a share, above the estimated range of $20 to $23 for its stock market debut on Thursday on the Nasdaq. Fremont, Calif.
- 02/09/2023
|
Solar tech firm Nextracker raises $638 mln in upsized U.S. IPO
- Solar technology firm Nextracker raised $638 million in its U.S. IPO, pricing it slightly higher than its indicated target range, parent company Flex Ltd said in a statement on Wednesday, adding that the number of shares sold was increased.
- 02/08/2023
|
Solar tech company Nextracker expected to price at upper end of range in good sign for IPO market
- The Nextracker initial public offering, which had sought to raise up to $535 million, will likely be the biggest U.S. listing since October.
- 02/08/2023
|
Nextracker Seeks $500 Million IPO As China Reportedly Bans Solar Tech
- Nextracker has filed proposed terms to raise $500 million in a U.S. IPO. The firm sells solar cell array tracking for utility-scale installations.
- 02/02/2023
|
