Nextpower (NASDAQ:NXT – Get Free Report) and T1 Energy (NYSE:TE – Get Free Report) are both energy companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.
Valuation & Earnings
This table compares Nextpower and T1 Energy”s revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Nextpower | $2.96 billion | 6.00 | $509.17 million | $3.91 | 30.60 |
| T1 Energy | $2.94 million | 549.49 | -$450.15 million | ($3.78) | -2.01 |
Volatility and Risk
Nextpower has a beta of 2.41, indicating that its share price is 141% more volatile than the S&P 500. Comparatively, T1 Energy has a beta of 1.66, indicating that its share price is 66% more volatile than the S&P 500.
Profitability
This table compares Nextpower and T1 Energy’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Nextpower | 16.43% | 32.01% | 17.25% |
| T1 Energy | -133.07% | -121.17% | -14.59% |
Insider & Institutional Ownership
67.4% of Nextpower shares are owned by institutional investors. Comparatively, 52.3% of T1 Energy shares are owned by institutional investors. 0.6% of Nextpower shares are owned by insiders. Comparatively, 15.7% of T1 Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and price targets for Nextpower and T1 Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Nextpower | 0 | 7 | 18 | 1 | 2.77 |
| T1 Energy | 1 | 1 | 4 | 1 | 2.71 |
Nextpower currently has a consensus target price of $110.01, indicating a potential downside of 8.05%. T1 Energy has a consensus target price of $7.50, indicating a potential downside of 1.41%. Given T1 Energy’s higher possible upside, analysts plainly believe T1 Energy is more favorable than Nextpower.
Summary
Nextpower beats T1 Energy on 11 of the 14 factors compared between the two stocks.
About Nextpower
Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. (Nextpower) was formerly a subsidiary of Flex Ltd.
About T1 Energy
T1 Energy Inc. is an energy solutions provider building an integrated supply chain for solar and batteries. T1 Energy Inc. , formerly known as FREYR Battery, is based in NEW YORK.
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