Nextpower Inc. Class A Common Stock
NXTNextracker Inc. Class A (NXT) is a solar tracking solutions company that designs and manufactures advanced solar tracker systems to optimize energy production and efficiency for photovoltaic power plants. The company focuses on innovation in solar technology, providing utility-scale and commercial solar solutions to enhance the performance and reliability of renewable energy projects worldwide.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| December 19, 2008 | $0.26 | 2008-12-15 | 2008-12-17 |
| July 11, 2008 | $0.28 | 2008-07-07 | 2008-07-09 |
| July 11, 2008 | $0.22 | 2008-07-07 | 2008-07-09 |
Dividends Summary
- Nextpower Inc. Class A Common Stock has issued 3 dividend payments over the past 0 years
- The most recent dividend was paid 6198 days ago, on December 19, 2008
- The highest dividend payed out to investors during this period was $0.28 per share
- The average dividend paid during this period was $0.25 per share.
Company News
Nextpower, a solar tracking technology company, is expanding beyond its core business into structural and electrical components. The company has a strong financial position with a $5 billion backlog and no debt, making it attractive for aggressive growth investors.
SolarEdge Technologies reported strong Q3 results with 18% sequential and 44.5% year-over-year revenue growth, beating consensus estimates. The company also announced a collaboration with Infineon to develop next-generation solid-state transformer technology for AI and hyperscale data centers.
Nextracker Inc reported strong Q1 results with 20% revenue growth, focusing on AI and solar tracking technologies. The company has a robust backlog of over $4.75 billion and is expanding internationally, with institutional investors showing significant interest.
Nextracker Inc. (NXT) is facing a class action lawsuit alleging the company made false and/or misleading statements about the impact of project delays on its business, financial results, and prospects.
Based on the average brokerage recommendation (ABR), Nextracker (NXT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
