Nextracker Inc. Class A Common Stock (NASDAQ:NXT) — Market Cap & Net Worth
Market Cap & Net Worth: Nextracker Inc. Class A Common Stock (NXT)
Nextracker Inc. Class A Common Stock (NASDAQ:NXT) has a market capitalization of $13.34 Billion ($13.34 Billion) as of August 3, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #1774 globally and #670 in its home market, demonstrating a -13.99% decrease 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 $89.87 by its total outstanding shares 148475843 (148.48 Million). See NXT capex to operating cash flow ratio to understand how much of operating cash flow is reinvested back into capital assets.
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 $13.34 Billion (36.54% 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
|
$40.26 Trillion | 0.03% | #204 of 3165 |
|
S&P Midcap 400
MID
|
$3.44 Trillion | 0.22% | #56 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
Latest Price to Earnings (P/E) Ratio
25.40x
Nextracker Inc. Class A Common Stock's market cap is 25.40 times its annual earnings
What 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 August 3, 2026.
Key companies related to Nextracker Inc. Class A Common Stock by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1144 globally with a market cap of $22.68 Billion USD.
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2521 globally with a market cap of $8.34 Billion USD ( Rs770.96 Billion INR).
- Tongwei Co Ltd (SHG:600438): Ranked #2653 globally with a market cap of $7.69 Billion USD ( CN¥52.58 Billion CNY).
- Premier Energies Limited (NSE:PREMIERENE): Ranked #3544 globally with a market cap of $4.99 Billion USD ( Rs461.32 Billion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1144 | First Solar Inc | NASDAQ:FSLR | $22.68 Billion | $211.03 |
| #2521 | Waaree Energies Limited | NSE:WAAREEENER | $8.34 Billion | Rs2680.20 |
| #2653 | Tongwei Co Ltd | SHG:600438 | $7.69 Billion | CN¥11.68 |
| #3544 | Premier Energies Limited | NSE:PREMIERENE | $4.99 Billion | Rs1022.20 |
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 $ 13.34 Billion, with a yearly change of 36.54%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $13.34 Billion | +3.17% |
| 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 Aug 2nd, 2026 the market cap of Nextracker Inc. Class A Common Stock was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $13.34 Billion USD |
| MoneyControl | $13.34 Billion USD |
| MarketWatch | $13.34 Billion USD |
| marketcap.company | $13.34 Billion USD |
| Reuters | $13.34 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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