Nextracker Inc
NASDAQ:NXT

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Nextracker Inc
NASDAQ:NXT
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Price: 35.5231 USD 3.6% Market Closed
Market Cap: 5.2B USD
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Nextracker Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Nextracker Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
Nextracker Inc
NASDAQ:NXT
Revenue
$2.5B
CAGR 3-Years
28%
CAGR 5-Years
30%
CAGR 10-Years
N/A
AMETEK Inc
NYSE:AME
Revenue
$6.9B
CAGR 3-Years
10%
CAGR 5-Years
6%
CAGR 10-Years
6%
Emerson Electric Co
NYSE:EMR
Revenue
$17.5B
CAGR 3-Years
-1%
CAGR 5-Years
-1%
CAGR 10-Years
-3%
Hubbell Inc
NYSE:HUBB
Revenue
$5.6B
CAGR 3-Years
16%
CAGR 5-Years
4%
CAGR 10-Years
5%
Rockwell Automation Inc
NYSE:ROK
Revenue
$8.3B
CAGR 3-Years
6%
CAGR 5-Years
4%
CAGR 10-Years
2%
Vertiv Holdings Co
NYSE:VRT
Revenue
$7.5B
CAGR 3-Years
15%
CAGR 5-Years
18%
CAGR 10-Years
N/A
No Stocks Found

Nextracker Inc
Glance View

Market Cap
5.2B USD
Industry
Electrical Equipment

Nextracker Inc. stands out as a compelling narrative within the clean energy sector, providing a blend of innovation and pragmatic solutions crafted to tackle today's pressing energy challenges. Nextracker, a pioneer in the solar technology space, has made its mark with its advanced solar tracker systems that optimize the efficiency of solar power plants. At the heart of their operations, these systems use sophisticated software and hardware to tilt solar panels toward the sun throughout the day, thereby capturing the maximum possible sunlight. This crucial technology not only boosts the energy yield of solar installations but also significantly lowers the overall cost of solar energy. Installed across various terrains and climates globally, Nextracker’s innovative solutions cater to utility-scale solar projects, exemplifying their pivotal role in enhancing the scalability and feasibility of solar power. The company's business model thrives on the increasing global appetite for renewable energy. Nextracker earns its revenue through the design, manufacture, and sale of its solar tracker systems. By focusing on R&D and enhancing the technological prowess of their products, the firm ensures the performance of solar plants is maximized, promising substantial energy savings to their clients. The efficiency boost delivered by their trackers reduces the solar power plant's payback period, making the switch to green energy not just environmentally conscious, but also economically rational for operators. Additionally, Nextracker invests in customer support and ongoing maintenance services, which create a sustainable revenue stream while fostering long-term partnerships with clients. Through this model, Nextracker seamlessly intertwines innovation with strategic market positioning, reinforcing its reputation as a leader in the renewable energy industry.

NXT Intrinsic Value
43.6893 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is Nextracker Inc's Revenue?
Revenue
2.5B USD

Based on the financial report for Mar 31, 2024, Nextracker Inc's Revenue amounts to 2.5B USD.

What is Nextracker Inc's Revenue growth rate?
Revenue CAGR 5Y
30%

Over the last year, the Revenue growth was 31%. The average annual Revenue growth rates for Nextracker Inc have been 28% over the past three years , 30% over the past five years .

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