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Benzinga
Benzinga
Business
Triveni Kothapalli

Nextracker Keeps Winning With Record Bookings And Fresh Analyst Optimism

Nextracker NXT Goldman Sachs INC Nasdaq United States
Konskie,,Poland,-,March,11,,2025:,Nextracker,Inc,Company,Logo

Nextracker Inc. (NASDAQ:NXT) reported second-quarter results that surpassed top- and bottom-line expectations, driven by robust demand across U.S. and international markets and continued momentum from its recently acquired businesses.

Goldman Sachs analysts, led by Brian Lee, reiterated their Buy rating and raised their 12-month price forecast to $125 from $89, implying a 38% upside from the latest close.

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