Nextracker (NXT) reported a sharp 58.9% average annual earnings growth over the past five years, though growth moderated to 19.3% in the latest year. Net profit margin edged down slightly to 17.1% from last year’s 17.2%. With revenue forecast to grow at 10.2% per year, just ahead of the US market, while earnings growth is projected at 7.8%, the company trades at a Price-to-Earnings ratio of 25.2x. This is lower than its peers, but with a share price of $98.28 that sits above its estimated fair value of $88.82. Investors are taking note of the company’s strong track record, consistent growth, and high-quality earnings, though expectations have been tempered by shorter-term earnings growth and a premium share price.
See our full analysis for Nextracker.
Now, let’s see how these headline numbers stack up next to the narratives widely followed in the market and within the Simply Wall St community.
See what the community is saying about Nextracker
NasdaqGS:NXT Earnings & Revenue History as at Oct 2025
Nextracker’s record backlog now exceeds $4.5 billion, providing a strong forward-looking buffer as strategic R&D expansion and global partnerships continue to underpin growth potential.
Analysts’ consensus view strongly supports the idea that the company’s investment in new R&D facilities across the U.S., Brazil, and India, and high-profile partnerships such as the UC Berkeley collaboration, will reinforce its innovation lead and extend revenue visibility.
Sustained demand and a localized supply chain, highlighted by the $4.5 billion backlog, directly counter worries about cyclical slowdowns and offer competitive advantages in retaining market share.
The future annual revenue growth forecast of 11.8 percent, just ahead of the broader U.S. market, supports the view that Nextracker’s innovation pipeline is a mainstay for future financial performance rather than a temporary catalyst.
What stands out in these results is how closely the consensus links innovation investments to future revenue growth and why analyst confidence persists even as some metrics edge lower. 📊 Read the full Nextracker Consensus Narrative.
Net profit margin declined slightly to 17.1 percent this year from 17.2 percent, with consensus expectations predicting a further decrease to 15.3 percent over the next three years as cost and pricing pressures mount.
Consensus narrative notes that this expected margin squeeze, despite innovation and revenue momentum, demonstrates how competitive pricing and geographic concentration in the U.S. could test the company’s ability to sustain high profitability.
U.S. market dominance exposes Nextracker to downside if policy or demand shifts, particularly because of the anticipated contraction in profit margin and international pricing pressure.
Analysts also note that ongoing project complexity and significant R&D spending could challenge net earnings growth unless revenue keeps close pace with new costs.
Nextracker’s Price-to-Earnings ratio is 25.2 times, which is below the peer average of 40.7 times and sector average of 30.7 times, but its $98.28 share price stands above the DCF fair value estimate of $88.82, highlighting a disconnect between market optimism and discounted cash flow fundamentals.
From the analysts’ consensus view, this valuation gap suggests that investors are awarding a quality premium for steady results and a robust growth profile, but the current share price exceeds both fair value and consensus price targets, creating friction if growth trends slow.
To match consensus targets, the market would need confidence in future earnings reaching $663.3 million and a sustained PE of 22 times, which is noticeably different from today’s higher multiple and more moderate recent earnings growth.
The current valuation puts added pressure on management to deliver ambitious revenue and margin milestones, or risk near-term price adjustment if sentiment shifts.
To see how these results tie into long-term growth, risks, and valuation, check out the full range of community narratives for Nextracker on Simply Wall St. Add the company to your watchlist or portfolio so you’ll be alerted when the story evolves.
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A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Nextracker.
Nextracker’s share price commands a premium to fair value and is under pressure to maintain margins as revenue growth moderates and costs rise.
If you’re seeking better value or lower risk of overpricing, compare alternatives using these 881 undervalued stocks based on cash flows for companies where market optimism is better supported by fundamentals.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NXT.
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(Bloomberg) — Policymakers in Washington and Ottawa will take the spotlight in the coming week, with interest-rate cuts in those two capitals likely while the rest of the Group of Seven stays on hold.
North America will probably be the main setting for monetary action as a global quartet of major central-bank decisions plays out over little more than 24 hours, starting Wednesday with widely anticipated quarter-point reductions from the US Federal Reserve and Bank of Canada.
The Bank of Japan, which is inching toward a potential rate hike, is predicted to hold off on such a move the following day, while European Central Bank officials have firmly signaled that their own meeting won’t lead to any further easing for now. The following week, the Bank of England is likely to keep its rate steady as officials await the government’s budget.
The impetus for action in North America reflects how worries about economic growth and the labor market on both sides side of the US-Canadian border are acute enough to justify immediate moves — even though policymakers remain focused on the danger of possible inflation pressure.
Across the Group of Seven industrialized nations as a whole, however, officials remain tentative, watching the impact of US President Donald Trump’s tariffs on global growth while gauging the domestic strength of consumer prices.
Aside from Japan’s slow push to tighten monetary policy, the current bias remains toward possible rate cuts, though without urgency. The outlook may become clearer by the final round of rate meetings for the year among G-7 members, in December.
What Bloomberg Economics Says:
“Fed Chair Jerome Powell will likely characterize the cut as insurance against downside risks to employment. While the government shutdown has delayed official data, alternative data suggest continued downside risks to employment. Policymakers have little reason to adjust their outlook from September, keeping another cut on the table for December.”
—Anna Wong, Stuart Paul, Eliza Winger, Estelle Ou, Chris G. Collins and Troy Durie, economists. For full analysis, click here
Elsewhere, inflation numbers from Australia to the euro zone, Chinese purchasing manager indexes and rate decisions in Chile and Colombia will be among the week’s highlights.
Meanwhile, Trump’s latest moves on trade will also be in focus. The US president is slated to meet a host of Asian leaders during his three-nation tour of the region, with a Thursday sit-down with Chinese President Xi Jinping watched most closely.
His visit coincides with the Association of Southeast Asian Nations summit in Malaysia and that of the Asia-Pacific Economic Cooperation in South Korea. He’ll also have a stopover in Tokyo.
Click here for what happened in the past week, and below is our wrap of what’s coming up in the global economy.
US and Canada
Friday’s mostly favorable September inflation data reinforced widespread expectations that the Fed will cut rates by another quarter point. Most officials are now primarily concerned by signs of weakness in the labor market, many also remain deeply uncomfortable with the current level of inflation.
In addition to lowering rates, policymakers may also halt the runoff of Treasury securities from the central bank’s balance sheet. Money markets have flashed warnings that a continued runoff might soon imperil overnight liquidity.
Economic data releases in the coming week will be sparse given the ongoing government shutdown. On Tuesday, the Conference Board is expected to report that consumer confidence retreated for a third straight month amid anxiety about jobs. National Association of Realtors data due Wednesday is projected to show a gauge of contract signings for previously owned homes increased as mortgage rates eased.
For more, read Bloomberg Economics’ full Week Ahead for the US The Bank of Canada is seen cutting its benchmark rate by 25 basis points to 2.25% on Wednesday, despite recent inflation and jobs reports surprising to the upside.
Policymakers are likely to conclude that headline inflation of 2.4% and core measures averaging 3.15% are contained enough to justify delivering aid to the tariff-bruised economy.
On Friday, Statistics Canada will report gross domestic product by industry for August and a flash estimate for September. The data is likely to point to tepid third-quarter growth after expenditure-based figures showed a contraction between April and June.
Asia
The final week of October brings a wave of inflation, trade and confidence readings that will indicate how solid the region’s recovery remains as central banks pivot toward easier policy settings.
The spotlight falls first on Australia, where the third-quarter inflation print on Wednesday will shape expectations for the Reserve Bank’s Nov. 4 rate decision. Price pressures have eased overall, but sticky services costs and a recent firming in goods may keep policymakers cautious.
Attention will then turn to the Bank of Japan, where Thursday’s meeting caps months of speculation about the timing of further normalization. A majority of economists in a Bloomberg survey predict the BOJ will leave its benchmark rate unchanged on Thursday at the end of its two-day policy meeting after Sanae Takaichi, known as an advocate of monetary easing, became Japan’s prime minister.
There’ll be a focus on the vote split within the nine-member policy board, though. The BOJ surprised investors at its September meeting with two dissenters calling for a hike.
Japan’s central bank will also release its quarterly economic outlook, together with a policy statement. Some economists say any notable change could hint at the possibility of a near-term rate shift.
The Japanese jobless rate and industrial output along with Tokyo CPI figures due on Friday will further sharpen the economic picture.
China’s official PMIs arrive the same day, and are likely to show factory sentiment improving only marginally despite fiscal and credit support. Earlier in the week, China publishes industrial profits while Thailand will get customs data. Pakistan’s central bank is expected to leave rates at 11% on Monday.
Across Southeast Asia, trade will anchor the flow of news. Thailand and the Philippines report export and import figures that will test whether global demand for electronics and consumer goods remains strong.
South Korea publishes retail sales and department store sales for September as well as consumer confidence and industrial production that will capture the tug-of-war between improving exports and hesitant domestic consumption.
For more, read Bloomberg Economics’ full Week Ahead for Asia Europe, Middle East, Africa
The ECB’s decision on Thursday will be taken amid the Renaissance splendor of Florence, as Italy hosts one of the central bank’s annual policy meetings away from headquarters in Frankfurt.
It’s likely to be uneventful as officials reaffirm their deposit rate at 2%. New forecasts aren’t scheduled until December. President Christine Lagarde’s comments will be scrutinized for any hints at the possibility of a further cut at that point.
Hours before the outcome, growth data from across the region will highlight the damage wrought so far from Trump’s tariffs. The euro zone probably eked out growth of just 0.1% during the third quarter, according to the median forecast of economists.
Officials will need to wait until Friday for the latest reading of inflation in the region. Weakening in both the headline measure and the underlying core gauge toward the 2% target is predicted by forecasters, which would offer some comfort to policymakers.
Among the national reports scheduled, Germany may be the most prominent. Its Ifo business gauge on Monday is seen showing only mild improvement at the start of the fourth quarter, while data on Thursday will probably reveal no growth in the prior three months.
Meanwhile, chronic political instability in Paris may have had only a limited impact on France’s economy so far. Expansion there, to be revealed in its report on Thursday, is forecast to have slowed slightly in the third quarter, to 0.2%.
Investors will watch closely as Prime Minister Sebastien Lecornu attempts to negotiate a budget with a fractured National Assembly. He’s already been forced to ditch President Emmanuel Macron’s signature pension reform in order to cling to power, and may yet have to offer the Socialists more concessions while attempting to keep France on the long road to fiscal repair.
The outcome of elections in the Netherlands on Wednesday may also draw market attention in the region. The snap poll was triggered by the collapse of Premier Dick Schoof’s coalition government.
Elsewhere in the European Union, Bulgaria’s government may publish its budget bill for next year, seeking to keep its deficit within the bloc’s 3%-of-output goal despite challenging circumstances.
The Swiss National Bank, confronting the franc’s approach to near decade-highs against the euro, will release nine-month earnings on Friday that may reveal a potential swing to profit.
The UK has a quieter time ahead, with BOE officials on the sidelines in advance of their meeting the following week. Mortgage approvals are among the few reports due. Chancellor Rachel Reeves delivers her November budget a month, so noise and speculation about its contents may pick up.
Further afield, a recession in Botswana will likely see policymakers leave their key rate unchanged at 1.9% on Thursday to support the economy.
For more, read Bloomberg Economics’ full Week Ahead for EMEA Latin America
Brazil’s market readout and Mexico’s September trade data get the week rolling, right into Tuesday’s rate decision in Chile.
Chile’s economy is downshifting but inflation is running above the top of the central bank’s target range and is sticky, likely kicking any fourth-quarter reduction in borrowing costs down the road to the December policy meeting.
From there, officials may have as many as two quarter-point cuts left for 2026, especially should inflation grind lower to 3% in the third quarter, as the bank has forecast.
Mexico on Thursday kicks off region’s third-quarter output reports. The flash reading may show negative quarterly and annual readings as declines in manufacturing outweigh resilient household consumption.
Most analysts are on board with the central bank’s view that the economy will pick up into year end — Banxico has revised its 2025 GDP estimate to 0.6% from 0.1% previously.
Brazil, Mexico, Colombia and Chile all post unemployment readings for September, following the month’s 5.7% surprise from Peru’s megacity capital of Lima.
Monetary policy closes out the week, with the split board at Colombia’s BanRep confronted by some uncooperative inflation readings.
The country’s president, Gustavo Petro, is pushing for lower rates to bolster growth, while one central banker at mid-month went so far as to say that — given unanchored expectations — a rate hike “is on the table.” Analysts are tuning out the jawboning and look for a fourth straight hold at 9.25%.
For more, read Bloomberg Economics’ full Week Ahead for Latin America –With assistance from Swati Pandey, Robert Jameson, Monique Vanek, Mark Evans, Laura Dhillon Kane, Christopher Condon, Vince Golle, Piotr Skolimowski, Alexander Weber and William Horobin.
For their new movie, Jay Kelly, George Clooney had a special rule on set: he didn’t want the cast referring to Adam Sandler by his nickname “Sandman,” in an effort to take the comedian more seriously as an actor.
Interventional cardiology will be in the spotlight during TCT 2025 in San Francisco and amongst the Featured Clinical Research are presentations looking at outcomes in patients following coronary procedures and the risk of radiation for operators.
A substudy from the randomized FAME 3 trial, simultaneously published in JACC, found that PCI was more cost-effective than CABG in 1,500 patients with three-vessel coronary artery disease, while quality-adjusted life-years were similar at five years in the two groups (4.05 vs. 4.03, respectively). PCI was guided by fractional flow reserve and zotarolimus drug-eluting stents were implanted.
Researchers reported that cumulative costs over five years were 30% higher in patients randomized to CABG ($36,990 vs. $25,667 for PCI; p<0.001).
No significant difference was observed for all-cause mortality or for a composite outcome of mortality, myocardial infarction or stroke. More patients who were younger than 65 when they had a CABG vs. PCI were still working at five years (56% vs. 47%).
“The equal survival rates at five-years in FAME 3 means there was no long-term survival benefit from CABG to justify its substantially higher costs, which is the main reason we found PCI to be the more cost-effective alternative, both at five years and in lifetime projections,” write study investigators Mark A. Hlatky, MD, FACC; Victoria Ding, MS; et al.
The DOSE study, simultaneously published in JACC: Cardiovascular Interventions, found no significant differences in the amount of radiation exposure of operators who used a strategy of left distal radial access (DRA) vs. right transradial access (TRA) during coronary procedures.
Conducted at three sites in South Korea, this prospective, open-label trial randomized patients who were undergoing a coronary procedure to DRA (n=501) or right TRA (n=500).
The radiation dose in the left DRA and right TRA groups was 4.76 vs. 5.20 μSv (p=0.342) measured at the left wrist, 2.00 vs. 1.83 μSv (p=0.416) measured at the head and 1.28 vs. 1.07 μSv (p=0.199) measured at the chest.
Looking a secondary endpoints, investigators found no significant differences in the incidence of crossover (6.6% vs. 5.2%), fluoroscopy time (4.5 vs. 4.2 min), procedure time (16.0 vs. 15.0 min) or contrast volume (80 Ml for both).
“The present study is of particular significance in that it provides direct evidence that left DRA does not increase radiation exposure compared to right TRA,” write study authors Oh-Hyun Lee, MD; Ji Woong Roh, MD, PhD, et al. “This finding suggests that radiation hazard should not be considered a limiting factor for the adoption of left DRA in routine clinical practice.”
Clinical Topics:
Cardiac Surgery, Cardiovascular Care Team, Invasive Cardiovascular Angiography and Intervention, Atherosclerotic Disease (CAD/PAD), Aortic Surgery, Interventions and Coronary Artery Disease
LOS ANGELES — June Lockhart, who became a mother figure for a generation of television viewers whether at home in “Lassie” or up in the stratosphere in “Lost In Space,” has died. She was 100.
