Nextracker Inc - Class A
Research Nextracker Inc - Class A (NXT) on Bullrun: valuation model: 17.2% undervalued, market cap USD 12.86B, P/E 22.0. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNXT
- ExchangeNASDAQ
- CountryUnited States
- SectorTechnology
- IndustrySolar
- CurrencyUSD
- Valuation signal17.2% undervalued
- Market capUSD 12.86B
- P/E22.0
- Financial periodFY2026
- RevenueUSD 3.56B
- Revenue growth20.3%
- Net incomeUSD 585.88M
- Free cash flowUSD 513.63M
- Gross margin32.6%
Valuation Snapshot
Bullrun's latest valuation model marks Nextracker Inc - Class A as 17.2% undervalued; latest market cap is USD 12.86B; P/E is 22.0.
Peer valuation comparison
Latest P/E is 21.98x versus a Technology sector median of 28.57x (23.1% below).
Latest P/E is 21.98x versus a United States median of 24.87x (11.6% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2026 | USD 3.56B | USD 585.88M | USD 513.63M | 32.6% | 3.84 | USD 1.09B | n/a | USD 2.33B |
| FY2025 | USD 2.96B | USD 509.17M | USD 621.87M | 34.1% | 3.47 | USD 766.10M | USD 0 | USD 1.63B |
| FY2024 | USD 2.50B | USD 306.24M | USD 422.81M | 32.5% | 3.37 | USD 474.05M | USD 147.72M | USD 992.03M |
| FY2023 | USD 1.90B | USD 1.14M | USD 104.49M | 15.1% | 0.02 | USD 130.01M | USD 147.15M | -USD 3.08B |
| FY2022 | USD 1.46B | USD 0 | -USD 153.03M | 10.1% | n/a | USD 29.07M | USD 0 | USD 0 |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 12.86B | 22.0 | n/a | n/a |
| 2025 | 2025-12-31 | USD 12.93B | 22.3 | n/a | n/a |
| 2024 | 2024-12-31 | USD 5.25B | 9.6 | n/a | n/a |
| 2023 | 2023-12-29 | USD 2.91B | 24.1 | n/a | n/a |
About Nextracker Inc - Class A
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;
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Frequently asked questions
Is Nextracker Inc - Class A overvalued or undervalued?
Bullrun's valuation model currently marks Nextracker Inc - Class A as 17.2% undervalued.
What is Nextracker Inc - Class A's market cap?
Nextracker Inc - Class A's market capitalization is USD 12.86B.
What is Nextracker Inc - Class A's P/E ratio?
Nextracker Inc - Class A's price-to-earnings (P/E) ratio is 22.0.
What does Nextracker Inc - Class A do?
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 Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint.