NXT — Nextracker Inc. Class A Common Stock

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Nextracker Inc. Class A Common Stock

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizo… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$131.21
Market Cap$18.42B
Float148.7M
Shares Outstanding150.3M
P/E (Forward)26.81
P/E (TTM)31.52
Price/Sales (TTM)5.17
vs. Analyst Target+8.9% to analyst PT
Profit Margin16.46%
Operating Margin (TTM)18.16%
Revenue (TTM)$3.56B
Earnings Growth (YoY)-7.10%
Dividend RateNone
Analyst Target Price$142.92 (30 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 $1.20B $124M $232M $175M
2022 $1.46B $50.9M $147M $90.0M
2023 $1.90B $119M $287M $175M
2024 $2.50B $306M $692M $591M
2025 $2.96B $509M $998M $653M
2026 $3.56B $586M $1.16B $728M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $864M $157M
Sep 2025 $905M $147M
Dec 2025 $909M $131M
Mar 2026 $881M $151M

Ownership & Float

Insider Ownership0.5%
Institutional Ownership114.3%
Short Float5.9%
% of All Funds Holding7.91%
Number of Funds Holding650

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$123.57Near-term / short-term trend
Weekly40-Week SMA$101.63Medium-term trend
Weekly80-Week SMA$75.17Cyclical trend (business cycle)
Weekly200-Week SMA$0.00Secular trend (multi-year)
Monthly10-Month SMA$101.43Near-term monthly trend
Monthly20-Month SMA$73.77Medium-term monthly trend
Monthly40-Month SMA$58.21Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$75.00 support 1.13x 6 months ago
$41.00 support 1.20x 11 months ago

Historical Earnings Reactions (14 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 9.90% 12.22% 71.43% 25.95% -7.32%
1 Day 8.73% 8.76% 78.57% 24.81% -10.36%
1 Week 8.04% 7.43% 71.43% 29.34% -15.84%
2 Weeks 8.83% 13.21% 69.23% 33.75% -16.85%
1 Month 8.70% 7.04% 69.23% 34.48% -20.01%

Next earnings: July 30, 2026 (63 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.02% 48.4% 155
Tuesday 0.15% 47.1% 170
Wednesday 0.31% 49.4% 168
Thursday 0.35% 49.7% 163
Friday 0.43% 53.9% 167

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 114.3%

Insider Transactions — Smart Summary

Total insider ownership: 0.5%

Founder-led management: Dan Shugar (Chief Executive Officer), Marco Miller (Chief Operating Officer)

12-Month Insider Activity Summary

Total Filings21
Net Value-$49.1M
Net Shares Change-472,080
% of Float-0.3%
C-Suite Filings18
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Wenger Howard President -$14.6M 1 N/A
SHUGAR DANIEL S Chief Executive Officer -$10.3M 2 N/A
Miller Nicholas Marco Chief Operating Officer -$7.3M 2 N/A
Bennett David P Chief Accounting Officer -$4.9M 2 N/A
WATKINS WILLIAM D -$2.1M 3 3 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-11-18 – 2025-12-02 3 3 -$5.7M 2 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-02 WATKINS WILLIAM D -$592,850 Transaction at $118.57, now +10.7%
2026-03-06 SHUGAR DANIEL S Chief Executive Officer -$4.0M Transaction at $101.04, now +29.9%
2025-11-19 WATKINS WILLIAM D -$918,520 Transaction at $91.85, now +42.8%
2025-08-05 WATKINS WILLIAM D -$567,900 Transaction at $56.79, now +131.0%
2026-05-22 Miller Nicholas Marco Chief Operating Officer -$3.1M Transaction at $127.32, now +3.1%
2026-03-09 SHUGAR DANIEL S Chief Executive Officer -$6.3M Transaction at $105.17, now +24.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Nextracker Inc. Class A Common Stock (NXT) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NXT on Trend Edge →