Nextracker Raises 2026 Fiscal Year Revenue Target to $3.475 Billion

Deep News

2025/10/24

In early trading on Friday, shares of smart solar tracker and software solutions provider Nextracker (NXT) surged 9.5% after the company raised its fiscal 2026 revenue outlook to a maximum of $3.475 billion, supported by a 42% year-over-year increase in second-quarter revenue. The company is expanding its global platform through new product launches and strategic partnerships, including the establishment of a joint venture in the Middle East.

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