Latest news with #Nextracker
Yahoo
14-07-2025
- Business
- Yahoo
Mizuho cuts ratings on Fluence, Nextracker, Shoals, Enlight after energy bill
-- Mizuho Securities downgraded several clean energy companies in response to President Trump's One Big Beautiful Bill (OBBB), which reshapes the federal energy subsidy landscape, in a note dated Monday. The brokerage lowered ratings on Fluence Energy, Nextracker, and Shoals Technologies to 'neutral,' and cut Enlight Renewable Energy to 'underperform.' The new policy accelerates the expiration of solar and wind tax credits by 2030. To qualify for full benefits, projects must begin construction within the next year. By the end of 2025, projects will also need to avoid the use of Chinese-linked materials to remain eligible. Mizuho analysts expect these conditions to limit short-term demand, particularly for utility-scale solar developers, which face interconnection delays and stricter regulatory compliance. Nextracker's price target was reduced by 3% to $65, while Shoals Technologies' target was left unchanged due to rounding. Despite raising Fluence Energy's price target by 67% to $10, Mizuho moved the stock to Neutral, citing that the value of its domestic supply chain is now priced in. The report also noted an expected rise in domestic competition within one to two years. Enlight Renewable Energy's price target was increased 11% to $21 following a recent stock rally. However, the brokerage downgraded the company to Underperform, citing limited visibility in pulling forward project development beyond 2028. Mizuho's updated stance favors domestic manufacturers and residential solar leasing firms over utility developers and system component providers. The OBBB maintains the 45X manufacturing tax credit established under the Inflation Reduction Act while tightening content requirements to exclude materials linked to China. As a result, Mizuho named First Solar (NASDAQ:FSLR), Bloom Energy (NYSE:BE), and Sunrun (NASDAQ:RUN) as its top picks under the new policy environment. First Solar's price target was raised by 1% to $278, and Bloom Energy's by 19% to $31. Sunrun's target was increased 62% to $21, with analysts expecting the market to shift fully to solar leases, which remain eligible for the Investment Tax Credit through 2030. In contrast, the 25D credit for cash and loan purchases ends on December 31, 2025. Among inverter manufacturers, SolarEdge's price target was raised 61% to $29, though its Neutral rating was maintained. Enphase Energy's target was reduced 6% to $50 due to anticipated declines in solar loan demand, but Mizuho kept an 'outperform' rating based on expected cost savings from the company's IQ9 platform. The report also cited stable support for battery energy storage systems under the OBBB, with continued tax credits and stricter foreign content thresholds. Fuel cells received an unexpected boost, with the reinstatement of a 30% tax credit for natural gas-based systems enhancing Bloom Energy's competitiveness. Related articles Mizuho cuts ratings on Fluence, Nextracker, Shoals, Enlight after energy bill Street Calls of the Week Air India crash probe reveals pilot moved fuel switch to CUTOFF Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-07-2025
- Business
- Yahoo
Why Nextracker Could Be the Next Big Money Outlier
NXT products enable solar panels installed at power plants to follow the sun's movement across the sky and optimize the plant's performance. Its fourth-quarter fiscal 2024 earnings report showed a record $924 million of quarterly revenue (a 26% year-over-year increase), full-year revenue of roughly $3 billion (18% rise), and diluted per-share earnings of $4.22 for the year. No wonder NXT shares are up 75% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock. Institutional volumes reveal plenty. In the last year, NXT has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in NXT shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of industrials names are under accumulation right now. But there's a powerful fundamental story happening with Nextracker. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, NXT has had strong sales and earnings growth: 3-year sales growth rate (+26.8%) 3-year EPS growth rate (+5,250%) Source: FactSet Also, EPS is estimated to ramp higher this year by +12.1%. Now it makes sense why the stock has been generating Big Money interest. NXT is generating strong financial performance. Marrying great fundamentals with MoneyFlows software has found some big winning stocks over the long term. Nextracker became a top-rated stock at MoneyFlows last year. That's when the stock saw unusual buy pressure with its growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. Since its first outlier inflow signal in February 2024, NXT is up 12.3%. The blue bars below show when NXT was a top pick…the Big Money bumps could continue: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. The NXT action isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author holds no position in NXT at the time of publication. If you are a Registered Investment Advisor (RIA) or a serious investor, learn how institutional trading flows can take your investing to the next level. This article was originally posted on FX Empire Identify Superstar Stocks Like DoorDash Before the Crowd S&P 500 and Nasdaq 100 Analysis: Golden Cross, Golden Opportunity Meta Shares: What's Next After Record Performance? Credo's Revenue Soars, Attracts Big Money Inflows Vistra's Nuclear AI Option, Renewables Draw Inflows Has the U.S. Dollar Found Support? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
10-07-2025
- Business
- Business Wire
Nextracker to Announce First Quarter Fiscal 2026 Financial Results on July 29, 2025
FREMONT, Calif.--(BUSINESS WIRE)-- Nextracker (Nasdaq: NXT) will announce its first quarter fiscal 2026 financial results after the market closes on Tuesday, July 29, 2025. The company will hold a conference call to discuss the results on the same day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Q1 FY2026 Earnings Call 2:00 p.m. PT / 5:00 p.m. ET Live webcast available on The webcast replay, along with supporting materials, will be available on the Nextracker IR website following the conclusion of the event. About Nextracker Nextracker innovates and delivers the global leading solar power technology platform with integrated tracker, electrical solutions, and yield optimization and control systems for utility-scale and distributed generation projects. Our advanced technology enables solar power plants to follow the sun's movement across the sky and optimize performance. With systems operating in more than 40 countries worldwide, Nextracker offers innovative solutions that accelerate solar power plant construction, increase energy output, and enhance long-term reliability. For more information, visit Nextracker.
Yahoo
07-07-2025
- Business
- Yahoo
Nextracker (NXT) Expands Market Lead with Major Greece Project
NEXTracker Inc. (NASDAQ:NXT) is one of the 10 best sustainability stocks to buy now. The company produces solar tracking systems that enhance the performance of utility-scale photovoltaic installations by allowing panels to track the sun throughout the day. Its NX Horizon platform has been deployed globally on over 100 GW of solar capacity (as of mid-2024), significantly increasing solar output without requiring additional land use. This contributes directly to lowering the levelized cost of solar energy. A panoramic view of a concentrated solar power plant swathed in bright sunshine. On June 25, Nextracker reported that it has been selected to supply its NX Horizon solar trackers for one of Europe's largest solar initiatives, the 550 MW Oricheio PPC Ptolemaida project in Western Macedonia, Greece. Developed on repurposed coal mine land and owned by PPC Renewables, the plant is now in its final construction phase and is expected to deliver nearly 1.8% of Greece's electricity annually once operational. This project is a key component of Greece's revised energy plan, which aims to achieve 82% renewable electricity generation by 2030. It will also support European efforts towards energy independence and emissions reduction. For Nextracker, the project will strengthen its growing presence in the European solar market, where it now holds the top market share, according to Wood Mackenzie. While we acknowledge the potential of NXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None.
Yahoo
06-07-2025
- Business
- Yahoo
First Solar, Inc. (FSLR) Is Benefiting From Domestic Production, Says Jim Cramer
We recently published . First Solar, Inc. (NASDAQ:FSLR) is one of the stocks Jim Cramer recently discussed. First Solar, Inc. (NASDAQ:FSLR) is an American solar energy company that makes and sells solar panels. The firm's shares have experienced significant volatility in 2025 and are flat year-to-date. First Solar, Inc. (NASDAQ:FSLR)'s stock gained an unbelievable 52% in May after a House panel surprised investors and left a lot of tax credits in place for solar energy. However, the shares sank by 18% in June after a Senate committee proposed ending credits for solar firms in 2028. Yet, the shares have gained 29% since late June, which Cramer believes might be influenced due to the firm's domestic manufacturing exposure: 'First Solar, which was up a lot yesterday because they make it here.' A solar panel farm with an orange sky illuminating the vast landscape. The CNBC TV host had last discussed First Solar, Inc. (NASDAQ:FSLR) in January. Here's what he said: 'It is a very inexpensive stock. I'm telling you, I'm still reeling from the fact that NXT, Nextracker… actually reported an upside surprise tonight. And… when I look into that and it says that it's good for solar, I will tell people who belong to the Charitable Trust, to CNBC Investing Club, whether it's time to get a little more aggressive on solar.' While we acknowledge the potential of FSLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
