Nextracker Inc. Class A Common Stock (NXT)
Nextracker Inc. (Ticker: NXT) is a leading provider of advanced solar tracker solutions, designed to optimize the performance and efficiency of photovoltaic (PV) projects. Headquartered in Fremont, California, Nextracker specializes in innovative technologies that enhance solar energy generation, positioning itself as a critical player in the renewable energy landscape. With a strong commitment to sustainability and a growing portfolio of global installations, Nextracker is well-poised to benefit from the accelerating shift towards clean energy solutions.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 140.64% per annum.
- NXT price at the close of January 30, 2026 was $117.09 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 208.71% per annum.
- NXT price at the close of January 30, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of NXT price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: October 2, 2024
End date: January 30, 2026
a = 2.0023
b = 0.0024
s = 0.1079
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0024) – 1
= 140.64%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1079) – 1
= 53.97%
October 2, 2024 calculations
Top border of price channel:
Exp(Y413)
= Exp(a + b × X413 + 2 × s)
= Exp(a + b × 601 + 2 × s)
= Exp(2.0023 + 0.0024 × 601 + 2 × 0.1079)
= Exp(3.6640)
= $39.02
Bottom border of price channel:
Exp(Y413)
= Exp(a + b × X413 – 2 × s)
= Exp(a + b × 601 – 2 × s)
= Exp(2.0023 + 0.0024 × 601 – 2 × 0.1079)
= Exp(3.2324)
= $25.34
January 30, 2026 calculations
Top border of price channel:
Exp(Y745)
= Exp(a + b × X745 + 2 × s)
= Exp(a + b × 1,086 + 2 × s)
= Exp(2.0023 + 0.0024 × 1,086 + 2 × 0.1079)
= Exp(4.8308)
= $125.32
Bottom border of price channel:
Exp(Y745)
= Exp(a + b × X745 – 2 × s)
= Exp(a + b × 1,086 – 2 × s)
= Exp(2.0023 + 0.0024 × 1,086 – 2 × 0.1079)
= Exp(4.3992)
= $81.39
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 140.64% per annum.
- NXT price at the close of January 30, 2026 was $117.09 and was inside the primary price channel.
Secondary Trend
Start date: March 26, 2025
End date: January 30, 2026
a = 1.3479
b = 0.0031
s = 0.0989
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0031) – 1
= 208.71%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0989) – 1
= 48.51%
March 26, 2025 calculations
Top border of price channel:
Exp(Y532)
= Exp(a + b × X532 + 2 × s)
= Exp(a + b × 776 + 2 × s)
= Exp(1.3479 + 0.0031 × 776 + 2 × 0.0989)
= Exp(3.9422)
= $51.53
Bottom border of price channel:
Exp(Y532)
= Exp(a + b × X532 – 2 × s)
= Exp(a + b × 776 – 2 × s)
= Exp(1.3479 + 0.0031 × 776 – 2 × 0.0989)
= Exp(3.5467)
= $34.70
January 30, 2026 calculations
Top border of price channel:
Exp(Y745)
= Exp(a + b × X745 + 2 × s)
= Exp(a + b × 1,086 + 2 × s)
= Exp(1.3479 + 0.0031 × 1,086 + 2 × 0.0989)
= Exp(4.8995)
= $134.23
Bottom border of price channel:
Exp(Y745)
= Exp(a + b × X745 – 2 × s)
= Exp(a + b × 1,086 – 2 × s)
= Exp(1.3479 + 0.0031 × 1,086 – 2 × 0.0989)
= Exp(4.5040)
= $90.38
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 208.71% per annum.
- NXT price at the close of January 30, 2026 was inside the secondary price channel.