The average brokerage recommendation (ABR) for Nextracker (NXT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
GameStop and AMC shares tumble following meteoric rises this week, Monday.com surges after better-than-expected earnings, and dLocal falls sharply after a profit miss.
Nextracker post adjusted fiscal fourth-quarter earnings of 96 cents a share on revenue of $736.5 million.