- ISIN
- US65290E1010
- Sector
- Technology
- Industry
- Solar
- IPO Date
- Feb 9, 2023
Highlights
- Market Cap
- $19.96B
- Enterprise Value
- $18.87B
- EPS (TTM)
- $3.83
- PE Ratio
- 33.68
- PEG Ratio
- 0.01
- Total Revenue (TTM)
- $3.56B
- Gross Profit (TTM)
- $1.16B
- EBITDA (TTM)
- $731.65M
- Year Range
- $51.69 - $163.13
- Target Price
- $124.00
- ROA (TTM)
- 14.38%
- ROE (TTM)
- 25.10%
Share Price Chart
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Performance
NXT Performance Chart
Nextracker Inc (NXT) is up 48.2% since the beginning of the year. At $129 per share, NXT is trading 20.9% below its 52-week high of $163.
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Returns By Period
Nextracker Inc (NXT) has returned 48.17% so far this year and 124.00% over the past 12 months.
Nextracker Inc
- 1D
- 2.52%
- 1M
- -1.10%
- YTD
- 48.17%
- 6M
- 39.70%
- 1Y
- 124.00%
- 3Y*
- 49.50%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NXT Monthly Returns History
Based on dividend-adjusted daily data since Feb 9, 2023, NXT's average daily return is +0.24%, while the average monthly return is +4.87%. At this rate, an investment would double in approximately 1.2 years.
Historically, 51% of months were positive and 49% were negative. The best month was May 2025 with a return of +39.6%, while the worst month was Apr 2024 at -24.0%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, NXT closed higher 50% of trading days. The best single day was Feb 1, 2024 with a return of +24.8%, while the worst single day was Jun 5, 2026 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 34.42% | -10.24% | 14.70% | -1.18% | 31.29% | -17.47% | 48.17% | ||||||
| 2025 | 38.02% | -12.69% | -4.27% | -3.63% | 39.60% | -4.09% | 7.15% | 15.45% | 10.01% | 36.80% | -9.48% | -4.92% | 138.46% |
| 2024 | -3.37% | 24.23% | 0.05% | -23.96% | 28.93% | -15.03% | 4.82% | -17.24% | -7.84% | 6.24% | -4.17% | -4.27% | -22.03% |
| 2023 | 0.43% | 19.12% | -13.15% | 21.47% | 4.08% | 6.38% | -0.54% | -4.65% | -13.45% | 16.92% | 15.28% | 54.57% |
Benchmark Metrics
Nextracker Inc has an annualized alpha of 43.45%, beta of 1.33, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since February 09, 2023.
- This stock captured 342.30% of S&P 500 Index gains and 198.84% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.11 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 43.45%
- Beta
- 1.33
- R²
- 0.11
- Upside Capture
- 342.30%
- Downside Capture
- 198.84%
Return for Risk
Risk / Return Rank
NXT ranks 86 for risk / return — in the top 86% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Nextracker Inc (NXT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NXT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | 2.78 | +1.60 |
| Martin ratioReturn relative to average drawdown | 10.61 | 12.44 | -1.83 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Nextracker Inc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nextracker Inc was 48.61%, occurring on Oct 24, 2024. Recovery took 138 trading sessions.
The current Nextracker Inc drawdown is 17.47%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2024 bear market2024 | -48.61%Oct 2024 | 8mo 12d | 6mo 23d | 1y 3moFeb 2024 - May 2025 |
2026 bear market2026 | -28.42%Jun 2026 | 9d | — | 22d 3hJun 2026 - now |
2023 bear market2023 | -25.21%Oct 2023 | 2mo 9d | 2mo 10d | 4mo 19dJul 2023 - Dec 2023 |
2025 bear market2025 | -23.27%Nov 2025 | 14d | 2mo 9d | 2mo 23dNov 2025 - Jan 2026 |
2025 correction2025 | -19.04%Aug 2025 | 1mo 4d | 7d | 1mo 11dJul 2025 - Aug 2025 |
Drawdown Indicators
| NXT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.61% | -56.78% | +8.17% |
Max Drawdown (1Y)Largest decline over 1 year | -28.42% | -9.10% | -19.32% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -18.90% | -29.71% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -17.47% | -1.80% | -15.67% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -10.71% | -4.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.73% | 2.03% | +9.70% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of Nextracker Inc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how Nextracker Inc is priced in the market compared to other companies in the Solar industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for NXT, comparing it with other companies in the Solar industry. Currently, NXT has a P/E ratio of 33.7. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for NXT compared to other companies in the Solar industry. NXT currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for NXT relative to other companies in the Solar industry. Currently, NXT has a P/S ratio of 5.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for NXT in comparison with other companies in the Solar industry. Currently, NXT has a P/B value of 8.6. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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