NEXTRACKER INC-CL A (NXT) meets Minervini’s Trend Template with strong technicals and high growth momentum, making it a candidate for growth investors. The stock scores a perfect 10 on technical health but may need consolidation before an optimal entry.
Shares of solar tracker company Nextracker (NASDAQ:NXT)
jumped 12.9% in the morning session after the company reported impressive first quarter 2025 (fiscal fourth quarter) results which blew past analysts' revenue, EPS, and EBITDA expectations. In addition, its full-year revenue guidance outperformed Wall Street's estimates. Sales grew 26% year-over-year, driven by booming demand for its Hail Pro and XTR solar trackers.
Solar tracker company Nextracker (NASDAQ:NXT) announced better-than-expected revenue in Q1 CY2025, with sales up 25.5% year on year to $924.3 million. The company’s full-year revenue guidance of $3.3 billion at the midpoint came in 3.7% above analysts’ estimates. Its non-GAAP profit of $1.29 per share was 32% above analysts’ consensus estimates.
NEXTRACKER INC-CL A (NASDAQ:NXT) shows strong profitability, healthy finances, and attractive valuation, making it a potential affordable growth stock. Review its fundamentals and sector potential before considering an investment.
NEXTRACKER INC-CL A could be undervalued. NASDAQ:NXT is scoring impressively in terms of growth while demonstrating strong financials. On top of that, it remains attractively priced.
Discover NEXTRACKER INC-CL A, an undervalued stock. NASDAQ:NXT showcases solid financial health and profitability while maintaining an appealing valuation.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
A number of stocks jumped in the afternoon session after investor sentiment improved on renewed optimism that the US-China trade conflict might be nearing a resolution. According to reports, Treasury Secretary Scott Bessent reinforced this positive outlook by describing the trade war as "unsustainable," and emphasized that a potential agreement between the two economic powers "was possible."
His comments signaled to markets that both sides might be motivated to seek common ground, raising expectations for reduced tariffs and more stability across markets.
Wall Street is overwhelmingly bullish on the stocks in this article, with price targets suggesting significant upside potential.
However, it’s worth remembering that analysts rarely issue sell ratings, partly because their firms often seek other business from the same companies they cover.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at renewable energy stocks, starting with ChargePoint (NYSE:CHPT).
