Nextracker Inc. Class A Common Stock
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terr… Read more
Market Cap & Net Worth: Nextracker Inc. Class A Common Stock (NXT)
Nextracker Inc. Class A Common Stock (NASDAQ:NXT) has a market capitalization of $18.09 Billion ($18.09 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #1122 globally and #867 in its home market, demonstrating a 12.68% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nextracker Inc. Class A Common Stock's stock price $121.84 by its total outstanding shares 148475843 (148.48 Million).
Nextracker Inc. Class A Common Stock Market Cap History: 2023 to 2026
Nextracker Inc. Class A Common Stock's market capitalization history from 2023 to 2026. Data shows growth from $6.96 Billion to $18.09 Billion (56.36% CAGR).
Index Memberships
Nextracker Inc. Class A Common Stock is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.05% | #156 of 3165 |
|
S&P Midcap 400
MID
|
$3.04 Trillion | 0.22% | #23 of 401 |
Weight: Nextracker Inc. Class A Common Stock's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Nextracker Inc. Class A Common Stock Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nextracker Inc. Class A Common Stock's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.37x
Nextracker Inc. Class A Common Stock's market cap is 4.37 times its annual revenue
0.20x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
25.40x
Nextracker Inc. Class A Common Stock's market cap is 25.40 times its annual earnings
6.04x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2023 | $6.96 Billion | $1.90 Billion | $118.89 Million | 3.66x | 58.51x |
| 2024 | $5.54 Billion | $2.50 Billion | $306.24 Million | 2.22x | 18.09x |
| 2025 | $12.93 Billion | $2.96 Billion | $509.17 Million | 4.37x | 25.40x |
Competitor Companies of NXT by Market Capitalization
Companies near Nextracker Inc. Class A Common Stock in the global market cap rankings as of March 18, 2026.
Key companies related to Nextracker Inc. Class A Common Stock by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #957 globally with a market cap of $20.32 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2454 globally with a market cap of $5.96 Billion USD ( CN¥43.70 Billion CNY).
- Enphase Energy Inc (NASDAQ:ENPH): Ranked #2639 globally with a market cap of $5.36 Billion USD.
- Xinyi Solar Holdings Limited (PINK:XISHY): Ranked #3091 globally with a market cap of $4.29 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #957 | First Solar Inc | NASDAQ:FSLR | $20.32 Billion | $200.42 |
| #2454 | Tongwei Co Ltd | SHG:600438 | $5.96 Billion | CN¥19.32 |
| #2639 | Enphase Energy Inc | NASDAQ:ENPH | $5.36 Billion | $44.70 |
| #3091 | Xinyi Solar Holdings Limited | PINK:XISHY | $4.29 Billion | $7.07 |
Nextracker Inc. Class A Common Stock Historical Marketcap From 2023 to 2026
Between 2023 and today, Nextracker Inc. Class A Common Stock's market cap moved from $6.96 Billion to $ 18.09 Billion, with a yearly change of 56.36%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $18.09 Billion | +39.87% |
| 2025 | $12.93 Billion | +133.51% |
| 2024 | $5.54 Billion | -20.37% |
| 2023 | $6.96 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Nextracker Inc. Class A Common Stock was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $18.09 Billion USD |
| MoneyControl | $18.09 Billion USD |
| MarketWatch | $18.09 Billion USD |
| marketcap.company | $18.09 Billion USD |
| Reuters | $18.09 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.