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Added to YB: 2024-06-28

Pitch date: 2024-06-28

NXT [bullish]

Nextpower Inc.

+157.71%

current return

Author Info

No bio for this author

Company Info

Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally.

Market Cap

$20.0B

Pitch Price

$46.96

Price Target

N/A

Dividend

N/A

EV/EBITDA

25.93

P/E

35.02

EV/Sales

5.30

Sector

Electrical Equipment

Category

growth

Show full summary:
Nextracker Inc. (NXT): Positioned for Success in the Booming Solar Industry

NXT: Solar tracker leader, ~1/3 global mkt share. 30% yield boost. $4bn backlog vs $2.5bn rev. 20%+ EBITDA margin, 70% FCF conv. $300m net cash. HSD EBITDA multiple, mid-teens P/E. Risks: Trump presidency, pricing pressure. Bull case: high 20s CAGR, M&A potential, trusted CEO. Capacity constrained, strong customer feedback.

Read full article (2 min)