Professional
Added to YB: 2025-08-14
Pitch date: 2025-07-28
NXT [neutral]
Nextracker Inc.
+32.14%
current return
Author Info
No bio for this author
Company Info
Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.
Market Cap
$8.0B
Pitch Price
$65.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
10.48
P/E
14.66
EV/Sales
2.33
Sector
Electrical Equipment
Category
growth
Harry Qelm Baabsman Portfolio Holding: Nextracker Inc.
NXT (holding update): Solar tracking manufacturer w/ $2.7B revenue growing 20-30% when sector faltered. 10-20% margins, minimal debt ($145M vs $2.98B assets). Spun off from Flex, short public history limits position size to 5%. Systems boost panel output 25-40%. Entry point $40 in 2024-25.
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