Nextpower Inc. (NXT) is a Technology stock trading at $103.13 (as of 2026-07-17), with a market capitalization of $15.75B and a trailing P/E of 26.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. The company was incorporated in 2013 and is based in Fremont, California. Nextracker Inc. operates as a subsidiary of Flex Ltd.
Nextpower Inc. provides solar tracker solutions, intelligent control systems, and operational software for PV power plants, earning money from selling solar tracker hardware and related control and software offerings to project developers and asset owners.
Profitability is tied to converting PV project demand into delivered tracker systems and then monetizing the installed base through intelligent tracker controls (TrueCapture) and operational control and risk mitigation software (NX Navigator).
Business quality (Strong): For 2025-12-31, the company reported 31.7% gross margin and 19.4% operating margin, indicating solid profitability for its business model. However, the provided data has limited segment visibility (only International revenue is listed), and most operating KPIs are cumulative counts rather than current-period growth.
Valuation: At 28× earnings, NXT trades 46% below the Semiconductors average (51×). Note: one-time items can distort reported P/E.
| Price | $103.13 |
| Market Cap | $15.75B |
| P/E Ratio | 26.9 |
| EV / EBITDA | 20.1 |
| Price / Book | 6.75 |
| Price / Sales | 4.42 |
| FCF Yield | 3.3% |
| DCF Value (model) | $81.53 |
| DCF Upside vs Price | -20.9% |
| Revenue (TTM) | $3.56B |
| Net Margin | 16.5% |
| Revenue Growth (YoY) | -4.7% |
| EPS Growth (YoY) | -6.1% |
| FCF Growth (YoY) | -32.4% |
| Altman Z-Score | 6.69 (safe) |
| Stock P/E | 26.9 |
| Sector P/E (Technology) | 34.7 |
| Industry P/E (Electronic Equipment) | 40.6 |
| vs Sector | -22.5% |
| vs Industry | -33.7% |
| Top Institutional Holder | BlackRock, Inc. ($3.00B) |
| Institutional Holders Tracked | 10 |
| Sector | Technology |
| Industry | Electronic Equipment |
| CEO | Daniel S. Shugar |
| Employees | 1,300 |
| Country | US |
| IPO Date | 2023-02-09 |
Data as of 2026-07-17.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.