Nextracker Inc.

Enphase Energy, Inc. ENPH reported second-quarter 2025 adjusted earnings of 69 cents per share, which increased 60.5% from 43 cents reported in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 62 cents by 11.3%.
Including one-time adjustments, the company posted GAAP earnings of 28 cents per share compared with the GAAP earnings of 8 cents in the year-ago quarter.
The year-over-year earnings improvement can be attributed to higher revenues and income from operations from the year-ago quarter.
ENPH’s Q2 Revenues
Enphase Energy’s second-quarter revenues of $363.2 million surpassed the Zacks Consensus Estimate of $357 million by 1.9%. The top line also increased 19.7% from the prior-year quarter’s reported figure of $303.5 million.
The year-over-year jump was driven by higher sales in the United States and Europe. While seasonality drove U.S. sales, higher microinverter and battery shipments boosted sales in Europe.
Enphase Energy, Inc. Price, Consensus and EPS Surprise
Enphase Energy’s Operational Update
The company’s shipments amounted to approximately 1.53 million microinverters and 190.9 megawatt-hours (MWh) of Enphase IQ Batteries.
The company’s adjusted gross margin increased 150 basis points year over year to 48.6%.
Adjusted operating expenses dropped 4.8% year over year to $77.8 million.
The adjusted operating income totaled $98.6 million, up 61.4% from the year-ago quarter.
Financial Details of ENPH
Enphase Energy had $370.5 million in cash and cash equivalents as of June 30, 2025 compared with $369.1 million as of Dec. 31, 2024.
Cash flow from operating activities amounted to $75 million as of June 30, 2025 compared with $176.3 million a year ago.
Q3 Guidance of Enphase Energy
For the third quarter of 2025, ENPH expects revenues in the range of $330-$370 million. The Zacks Consensus Estimate for third-quarter revenues is pegged at $366.2 million, which lies near the high-end of the company’s guided range.
Enphase Energy expects to ship IQ batteries in the range of 190-210 MWh in the third quarter.
Adjusted operating expenses are expected between $78 million and $82 million. This excludes approximately $52 million estimated for stock-based compensation expenses and acquisition-related costs and amortization, as well as restructuring and asset impairment charges.
The adjusted gross margin is expected in the range of 43-46%, excluding stock-based compensation expenses and acquisition-related amortization.
ENPH’s Zacks Rank
Enphase Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Solar Releases
Nextracker Inc. NXT is slated to report first-quarter fiscal 2025 results on July 29, after market close. The Zacks Consensus Estimate for NXT’s first-quarter earnings is pegged at $1.04 per share, which implies a year-over-year improvement of 11.8%.
The Zacks Consensus Estimate for NXT’s first-quarter sales is pegged at $853.4 million, which implies a rise of 18.5% from the prior-year quarter’s figure.
First Solar, Inc. FSLR is scheduled to report second-quarter 2025 results on July 31, after market close. The Zacks Consensus Estimate for FSLR’s second-quarter earnings is pegged at $2.68 per share, which suggests a year-over-year decline of 17.5%.
The Zacks Consensus Estimate for FSLR’s second-quarter sales is pegged at $1.02 billion, which implies an improvement of 1.1% from the prior-year quarter’s figure.
SolarEdge Technologies SEDG is slated to report second-quarter 2025 results on Aug. 7, before market open. The Zacks Consensus Estimate for SEDG’s second-quarter earnings is pegged at a loss of 82 cents per share, calling for an improvement from the prior-year quarter’s reported loss of $1.79.
The Zacks Consensus Estimate for SEDG’s second-quarter sales is pegged at $273.7 million, which indicates an improvement of 3.1% from the prior-year quarter’s figure.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Enphase Energy Q2 Earnings Beat Estimates, Revenues Rise Y/Y

TotalEnergies SE TTE is set to report second-quarter 2025 results on July 24, before the opening bell. The company reported a negative earnings surprise of 2.66% in the last reported quarter.
TTE’s Q2 Expectation
TotalEnergies expects second-quarter 2025 production volumes to improve in the range of 2-3% year over year. The company expects production volume to be adversely impacted by planned maintenance outages.
The Zacks Consensus Estimate for earnings and revenues is pegged at $1.68 per share and $36.24 billion, respectively. The bottom and top-line estimates indicate a decline of 15.15% and 26.32%, respectively, from the year-ago quarter.
Factors to Shape TotalEnergy’s Q2 Earnings
TotalEnergies continues to pursue strategic acquisitions and partnerships in high-growth regions while divesting non-core assets that no longer align with its long-term vision. These initiatives have allowed the company to streamline operations and focus on core strengths. Contributions from recent acquisitions, project startups and organic growth initiatives are anticipated to have positively influenced its second-quarter performance.
The company has been reinforcing its footprint in natural gas, liquefied natural gas and low-carbon electricity. TTE’s growing supply of clean energy is likely to have supported second-quarter earnings growth, indicating its transition toward more sustainable energy solutions.
Unlike many of its peers, TotalEnergies has limited exposure to North America’s mature market. Its upstream portfolio consists of assets with lower natural decline rates and extended productive lifespans, offering the company a competitive advantage over other oil majors. Robust production from its diversified global asset base is also expected to have contributed to second-quarter performance.
However, TotalEnergies’ extensive global operations expose it to intense competition from both national and international energy firms. The company competes for exploration and production licenses, hydrocarbon assets and refined product markets. In addition, currency volatility and inflation, particularly in emerging markets where the company is expanding, present ongoing financial challenges.
What Does Our Model Predict for TTE Stock?
Per our proven model, stocks with a combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) are likely to beat on earnings. But that is not the case here.
At present, TotalEnergies has an Earnings ESP of -0.10% and a Zacks Rank of 3.
You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
TotalEnergies SE Sponsored ADR Price and EPS Surprise
Stocks to Consider
Investors can consider a few stocks from the same sector before the release, as our model shows that these have the right combination of elements to beat on earnings this season.
Nextracker NXT is likely to beat estimates when it reports first-quarter fiscal 2026 earnings on July 29, 2025. NXT currently has a Zacks Rank #2 and an Earnings ESP of +4.56%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for NXT’s first-quarter fiscal 2026 earnings per share indicates year-over-year growth of 11.83%.
ONEOK Inc. OKE is likely to beat earnings estimates when it reports second-quarter 2025 earnings on Aug. 4, 2025. OKE presently has a Zacks Rank #2 and an Earnings ESP of +6.04%.
The Zacks Consensus Estimate for OKE’s second-quarter 2025 earnings per share implies year-over-year growth of 3.76%.
Venture Global, Inc. VG has a Zacks Rank #2 and an Earnings ESP of +25.40% at present. The Zacks Consensus Estimate for VG’s second-quarter 2025 earnings per share indicates an increase of 9.52% in the past 60 days.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

TotalEnergies to Post Q2 Earnings: How to Play the Stock This Season?

The following are the top rated Industrial stocks according to Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
VALMONT INDUSTRIES INC (VMI) is a mid-cap growth stock in the Constr. - Supplies & Fixtures industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Valmont Industries, Inc. is a manufacturer of products and services for the infrastructure and agricultural markets. The Company operates through two segments: Infrastructure and Agriculture. The Infrastructure segment consists of the manufacture and distribution of products and solutions to serve the infrastructure markets of utility, solar, lighting, transportation, and telecommunications, along with coatings services to protect metal products. Its Infrastructure segment is comprised of five primary product lines: Utility; Lighting and Transportation (L&T); Coatings; Telecommunications, and Solar. The Agriculture segment consists of the manufacture of center pivot components and linear irrigation equipment for agricultural markets, including parts and tubular products, and advanced technology solutions for precision agriculture. The Company manufactures and distributes center pivot and lateral move irrigation equipment, along with service parts under its Valley brand.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of VALMONT INDUSTRIES INC
COVENANT LOGISTICS GROUP INC (CVLG) is a small-cap growth stock in the Trucking industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Companys primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management, and freight brokerage capability. Its Expedited segment primarily provides truckload services to customers with high service freight and delivery standards. Its Dedicated segment provides customers with committed truckload capacity over contracted periods. Its Managed Freight segment includes its brokerage services and transport management services (TMS). Its Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of COVENANT LOGISTICS GROUP INC
CUMMINS INC (CMI) is a large-cap growth stock in the Misc. Capital Goods industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Cummins Inc. offers complementary business segments that design, manufacture, distribute and service a portfolio of power solutions. Its segments include Components, Engine, Distribution, Power Systems and Accelera. The Components segment sells axles, drivelines, brakes and suspension systems. The Engine segment produces engines and associated parts for sale to customers in on-highway and various off-highway markets. The Distribution segment includes distributorships engaged in wholesaling engines, generator sets, service parts, performing service and repair activities. The Power Systems segment is an integrated power provider, which designs, manufactures and sells engines for industrial applications, standby and prime power generator sets, alternators and others. The Accelera segment designs, manufactures, sells and supports hydrogen production technologies as well as electrified power systems. It sells products to OEMs, distributors, dealers and other customers worldwide.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of CUMMINS INC
LSI INDUSTRIES INC (LYTS) is a small-cap growth stock in the Furniture & Fixtures industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: LSI Industries Inc. is a producer of non-residential lighting and retail display solutions. The Company operates through two segments: Lighting and Display Solutions. The Lighting Segment manufactures, markets, and sells outdoor and indoor lighting fixtures and control solutions in the vertical markets: refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive dealership, sports court and field, and warehouse. It services these markets through multiple channels: project business sold through electrical distributors and agents and shipped directly to the customer; standard products sold to and stocked by distributors, and direct to end-use customers. The Display Solutions Segment also manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, refrigerated displays, and custom display elements.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of LSI INDUSTRIES INC
NEXTRACKER INC (NXT) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch is 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Nextracker Inc. is a provider of integrated solar tracker, foundations and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the suns movement across the sky and optimize plant performance. Its products and services include NX Horizon, NX Foundation, Electrical Balance of System (eBOS), TrueCapture, NX Navigator and PowerworX. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield. NX Navigator assists solar power plant owners and operators in monitoring, controlling and protecting their solar projects.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of NEXTRACKER INC
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Validea's Top Industrial Stocks Based On Peter Lynch - 7/20/2025

Enphase Energy, Inc. (ENPH) is scheduled to report second-quarter 2025 results on July 22, 2025, after the closing bell.
Enphase Energy reported a negative earnings surprise in three of the trailing four quarters, with an average negative earnings surprise of 1.95%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Factors to Note Ahead of ENPH’s Results
New product launches across diverse nations are expected to have boosted Enphase Energy’s quarterly revenues. Evidently, in the second quarter, ENPH launched its IQ Battery 5P with FlexPhase in Luxembourg, Poland, Spain, Portugal, France, Sweden, Denmark, Belgium and the Netherlands.
Moreover, in April 2025, ENPH started shipments of its IQ8 Microinverters in Japan. In May, the company launched its IQ Balcony Solar System in Germany and Belgium, as well as IQ Energy Management in France.
Apart from these product launches, strong shipments of its microinverters and batteries in existing markets, backed by solid solar demand, are likely to have aided ENPH’s top-line performance.
Region-wise, within the United States, lower sell-through of microinverters due to soft customer demand is likely to have had some adverse impact on overall revenues in the second quarter.
Within Europe, countries like the United Kingdom and Germany are expected to have delivered solid sales performance. However, reduced demand in France is likely to have had some adverse impact on its overall sales from Europe.
The Zacks Consensus Estimate for ENPH’s second-quarter sales is pinned at $356.3 million, which indicates year-over-year growth of 17.4%.
As Enphase Energy continues to make steady investments in new products and customer service, favorable returns and decreasing operating expenses are expected to have boosted its earnings. A robust top-line performance is also likely to have bolstered its overall bottom-line performance.
However, the newly announced U.S. import tariffs, including a 145% tariff on products from China and 10% reciprocal tariffs on imports from other countries, are likely to have partially impacted ENPH, which currently sources battery cell packs from China. To this end, the company expects the tariffs to reduce its second-quarter gross margin by approximately 2%. However, ENPH expects this tariff’s impact on its second-quarter results to be smaller as it is projected to have used pre-tariff inventory batteries.
The Zacks Consensus Estimate for earnings per share is pinned at 62 cents, which indicates year-over-year growth of 44.2%.
Enphase Energy, Inc. Price and EPS Surprise
What the Zacks Model Unveils
Our proven model does not conclusively predict an earnings beat for Enphase Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
Earnings ESP: Enphase Energy’s Earnings ESP is -4.24%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: Enphase Energy currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks to Consider
Here are three companies from the same sector that have the right combination of elements to post an earnings beat this reporting cycle.
Array Technologies (ARRY) is set to report second-quarter 2025 earnings on Aug. 7, 2025. It has an Earnings ESP of +28.57% and a Zacks Rank of 2.
The Zacks Consensus Estimate for ARRY’s earnings is pegged at 21 cents per share, indicating year-over-year growth of 5%. The consensus estimate for its sales is pegged at $290.3 million, indicating year-over-year growth of 13.5%.
ONEOK (OKE) is set to report second-quarter 2025 earnings on Aug. 4, 2025. It has an Earnings ESP of +6.04% and a Zacks Rank of 3.
The Zacks Consensus Estimate for OKE’s earnings is pegged at $1.38 per share, indicating year-over-year growth of 3.8%. The consensus estimate for its sales is pegged at $6.78 billion, indicating year-over-year growth of 38.5%.
Nextracker Inc. (NXT) is slated to report fiscal first-quarter 2026 earnings on July 29, 2025. It has an Earnings ESP of +4.56% and a Zacks Rank of 2.
The Zacks Consensus Estimate for NXT’s fiscal first-quarter earnings is pegged at $1.04 per share, indicating year-over-year growth of 11.8%. The consensus estimate for its sales is pegged at $853.4 million, indicating year-over-year growth of 18.5%.
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Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Enphase Energy is Set to Report Q2 Earnings: What's in Store?

As clean energy investments continue to escalate worldwide, solar power has emerged as the fastest-growing energy source, brightening the growth prospects for key industry players like First Solar FSLR and Nextracker Inc. NXT. With increasing investor interest in green energy, these two solar giants offer compelling yet contrasting opportunities worth exploring.
While First Solar specializes in manufacturing advanced thin-film photovoltaic (PV) solar modules and focuses on deploying utility-scale solar projects, Nextracker provides solar tracker technologies, solutions for utility-scale and distributed generation solar applications.
As global solar power generation has doubled in the past three years, investors are attracted to solar stocks. However, they may find it challenging to choose between these two promising solar players. Let’s do a comparative analysis to help them make an informed decision.
Financial Stability & Future Growth Drivers: FSLR vs NXT
At the end of March 31, 2025, First Solar’s cash and cash equivalents were $891 million. Its long-term debt as of the same date totaled $328 million and the current debt level was $197 million. So, we may safely conclude that First Solar boasts a strong solvency position. This, in turn, should enable FSLR to meet its investment target of $1.0-$1.5 billion in building new manufacturing facilities, expanding the existing ones, as well as upgrading machinery and equipment. Such a robust capital expenditure plan can be expected to allow the company to meet its targeted manufacturing capacity enhancement.
As of March 31, 2025, NXT’s cash and cash equivalents were $766 million. The company did not report any notable debt as of March 2025, indicating a solid financial footing. This strong liquidity position should support the continued upgradation of its solar trackers along with its operational and growth-related activities in the near future.
From the perspective of future growth drivers, the solar energy market is showing enhanced demand, supported by favorable government policies, declining technology costs and greater awareness of clean energy. Its strong potential and alignment with global sustainability goals make it an attractive area for continued investment and development. This trend is likely to benefit both FSLR and NXT.
First Solar’s total installed nameplate production capacity across all its facilities was approximately 21 gigawatts (GW) as of March 31, 2025, and it expects to have an annual manufacturing capacity of more than 25 GW by the end of 2026. Such a solid manufacturing enhancement strategy should attract more customers, thereby boosting its revenue stream. As of March 31, 2025, First Solar entered into contracts with customers for the future sale of 66.1 GW of solar modules for an aggregate transaction price of $19.8 billion, which it expects to recognize as revenues through 2030.
In June 2025, Nextracker’s NX Horizon solar trackers were chosen for the 550 MW “Oricheio PPC Ptolemaida” solar park in Western Macedonia, one of Europe’s largest solar firms. A month earlier, Nextracker surpassed 10 GW of tracker deployments in India—a major milestone—and announced plans for a new 80,000 sq. ft. office and R&D facility in Hyderabad to support further expansion. Also in May, the company acquired US-based Bentek Corporation for $78 million. The acquisition aims to enhance Nextracker’s domestic supply chain, simplify project logistics and accelerate solar plant construction through integrated and standalone eBOS solutions. These announcements underscore Nextracker’s commitment to global expansion and are poised to serve as key growth catalysts in strengthening its position in the solar market.
Risks of Investing in FSLR and NXT
Both Nextracker and First Solar are facing challenges due to recent changes in U.S. trade policy. In April 2025, a new 10% base tariff was introduced on most imports, including from countries like India, Vietnam and Malaysia—where First Solar manufactures some of its modules. Such higher tariffs bear every possibility of increasing production costs and affect FSLR’s ability to supply the U.S. market.
Nextracker may also experience higher costs due to tariffs imposed on imported steel and solar components. In addition, steep tariffs on Chinese products—some as high as 145%—remain in place, which may also push up manufacturing expenses for NXT.
First Solar is also facing technical issues with some Series 7 modules made in 2023 and 2024, which may result in early power loss in the field. The company expects losses related to this issue to be between $56 million and $100 million, which could weigh on its near-term operating results.
How Does the Zacks Estimate Compare for FSLR & NXT?
The Zacks Consensus Estimate for FSLR’s 2025 sales implies a year-over-year rise of 16.3%, and the same for its earnings implies growth of 20.6%. The consensus estimates for 2026 also reflect an improvement. However, the stock’s near-term bottom-line estimates have moved south over the past 60 days.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for NXT’s fiscal 2026 sales implies a year-over-year rise of 12.6%, while the same for its earnings suggests a decline of 8.3%. The consensus estimate for fiscal 2027 reflects an improvement on both counts. The stock’s near-term bottom-line estimates have moved north over the past 60 days.
Image Source: Zacks Investment Research
Stock Price Performance: FSLR vs NXT
NXT (up 38.4%) has outperformed FSLR (up 20.3%) over the past three months and it has done the same in the past year as well. While NXT’s shares have gained 26.5%, FSLR plunged 31.6%.
Image Source: Zacks Investment Research
Valuation of FSLR More Attractive Than NXT
First Solar is trading at a forward earnings multiple of 8.32X, below its median of 9.42X over the past year and Nextracker’s forward earnings multiple of 14.55X.
Image Source: Zacks Investment Research
Conclusion
Both First Solar and Nextracker stand out as promising players in the fast-growing solar sector, backed by strong financials and ambitious growth plans.
First Solar offers greater visibility with its long-term contracts, aggressive capacity expansion and more attractive valuation, making it a solid choice for value-focused investors. However, the downward trend in its near-term estimate revisions signals some caution.
Nextracker, on the other hand, is gaining momentum through global project wins and strategic acquisitions, with strong stock performance reflecting investor optimism. Its earnings estimates, while showing a short-term dip, have been revised upward recently, suggesting improving analysts’ sentiment in this stock.
Ultimately, while FSLR may appeal to those seeking long-term returns, NXT offers dynamic growth potential, making it the better solar player for the moment, largely dependent on an investor’s risk appetite and investment horizon.
Both FSLR and NXT currently carry a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

First Solar or Nextracker? Uncovering the Smarter Solar Investment Play

Stora Enso Oyj (SEOAY) shares soared 11.3% in the last trading session to close at $10.62. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.8% loss over the past four weeks.
Stora Enso shares climbed after the company launched a strategic review of its Swedish forest assets, including a potential partial demerger and separate public listing. The initiative aims to sharpen strategic focus, streamline operations and unlock greater value from both its core packaging and forest businesses.
If pursued, the split would create two standalone entities: Stora Enso, maintaining leadership in renewable packaging with strong market positions and efficient production, and a new listed forest company—the largest of its kind in Europe—with unique long-term asset value and new revenue potential.
Last month, Stora Enso agreed to sell 175,000 hectares of Swedish forestland for EUR 900 million. Stora Enso retains ownership of more than 1.2 million hectares in Sweden, with a fair value of approximately EUR 5.8 billion as of 31 March 2025.
This company is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of -37.5%. Revenues are expected to be $2.74 billion, up 10.8% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Stora Enso Oyj, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on SEOAY going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Stora Enso Oyj is a member of the Zacks Paper and Related Products industry. One other stock in the same industry, International Paper (IP), finished the last trading session 0.4% higher at $46.12. IP has returned -8.2% over the past month.
International Paper's consensus EPS estimate for the upcoming report has changed -3.4% over the past month to $0.38. Compared to the company's year-ago EPS, this represents a change of -30.9%. International Paper currently boasts a Zacks Rank of #5 (Strong Sell).
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Strength Seen in Stora Enso Oyj (SEOAY): Can Its 11.3% Jump Turn into More Strength?

Nextracker Inc. NXT recently announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India, marking a significant milestone for it. To further support its growth and strengthen its presence in the nation, the company revealed that it is establishing a new 80,000 sq. ft. office and research & development (R&D) facility in Hyderabad.
Indian Solar Energy Market
India’s solar energy market is seeing strong growth in recent times, supported by government policies, decreasing technology costs and rising awareness about clean energy. The country’s high solar potential and focus on sustainability make it an ideal environment for solar adoption.
Customers are increasingly choosing solar solutions for their homes and businesses to reduce electricity bills and support eco-friendly practices. This shift is especially noticeable in urban areas and among younger consumers.
This is likely to have led the Statista firm to predict that the Indian solar energy market will witness a CAGR of 7.5% during the 2025-2029 period. This must be providing profitable incentives to solar companies like NXT to enhance their footprint in this nation’s solar market. Its Hyderabad facility announcement also seems to be in line with that strategy.
Other Stocks Expanding in India
Other stocks that are also expanding their footprint in the Indian solar market are discussed below:
Enphase Energy ENPH: In December 2024, Enphase began shipping its IQ Battery 5P in India. The IQ Battery 5P delivers reliable, uninterrupted backup power to keep homes powered, even during grid outages.
The Zacks Consensus Estimate for ENPH’s 2025 earnings per share is pinned at $2.42, indicating year-over-year growth of 2.1%. The consensus estimate for 2025 sales is pinned at $1.43 billion, indicating year-over-year growth of 7.3%.
First Solar FSLR: First Solar has established a significant presence in India. In January 2024, the company launched a manufacturing facility in Tamil Nadu, India, with an annual capacity of 3.3 gigawatts.
The Zacks Consensus Estimate for FSLR’s 2025 earnings per share is pinned at $14.59, indicating year-over-year growth of 21.4%. The consensus estimate for 2025 sales is pinned at $4.91 billion, indicating year-over-year growth of 16.8%.
TotalEnergies SE TTE: In September 2024, the company entered into a joint venture (JV) with Adani Green Energy Limited. This will be equally owned by TotalEnergies and AGEL, with a 1,150 MWac solar portfolio in Khavda, Gujarat.
TotalEnergies boasts a long-term (three to five years) earnings growth rate of 7.1%. The Zacks Consensus Estimate for TTE’s 2026 earnings per share is pinned at $7.03, indicating year-over-year growth of 3.2%.
Price Performance
Shares of NXT have gained 30.9% in the past three months compared with the industry’s 0.4% growth.
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Zacks Rank
NXT currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.
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Nextracker Surpasses 10 GW Solar Tracker Installations in India

Nextracker Inc. NXT is slated to report fourth-quarter fiscal 2025 results on May 14, after market close.
In the last reported quarter, the company delivered an earnings surprise of 74.58%. It also has a trailing four-quarter average earnings surprise of 57.44%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
Factors to Note Ahead of NXT’s Q4 Results
Solid deliveries of its solar tracking products and software, backed by growing solar demand, are likely to have boosted Nextracker’s top-line performance in the fiscal fourth quarter.
Region-wise, NXT is expected to have witnessed solid sales growth from the United States as well as the international market, including Latin America, Europe, Australia and the MEIA region of the Middle East, India and Africa. Notably, in the fiscal third quarter, the company signed 15 new projects, each with a capacity in the range of 100-750 megawatts in Australia, Brazil, Chile, Europe, India, Peru and Saudi Arabia. These projects are likely to have boosted Nextracker’s revenues in the soon-to-be-reported quarter.
The Zacks Consensus Estimate for revenues is pegged at $828.3 million, indicating a 12.5% improvement from the prior-year quarter’s figure.
As Nextracker continues to increase its investments in research and development (R&D), with an emphasis on innovation and development, including software enhancements through additional headcount, its fiscal fourth-quarter results are likely to reflect higher R&D expenses.
Nevertheless, solid revenue growth is likely to have bolstered NXT’s overall bottom-line performance. Also, reduced cost of sales due to 45X credit earned on components manufactured in the United States is expected to have benefited its earnings.
The Zacks Consensus Estimate for earnings is pegged at 98 cents per share, implying an improvement of 2.1% from the prior-year quarter’s figure.
Nextracker Inc. Price and EPS Surprise
Nextracker Inc. price-eps-surprise | Nextracker Inc. Quote
What the Zacks Model Unveils for NXT
Our proven model does not conclusively predict an earnings beat for Nextracker this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.
Earnings ESP: NXT’s Earnings ESP is -0.51%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Zacks Rank: Nextracker currently carries a Zacks Rank #4 (Sell).
You can see the complete list of today’s Zacks #1 Rank stocks here.
Recent Solar Release
Enphase Energy, Inc. ENPH reported first-quarter 2025 adjusted earnings of 68 cents per share, which missed the Zacks Consensus Estimate of 71 cents by 4.2%. The company’s revenues of $356.1 million missed the Zacks Consensus Estimate of $362 million by 1.7%.
SolarEdge Technologies, Inc. SEDG reported a first-quarter 2025 adjusted loss of $1.14 per share, narrower than the Zacks Consensus Estimate of a loss of $1.20. The bottom line also improved from the prior-year quarter’s loss of $1.90 per share.
First Solar, Inc. FSLR reported first-quarter 2025 earnings of $1.95 per share, which were down 11.4% from the prior-year quarter’s figure of $2.20. The bottom line also missed the Zacks Consensus Estimate of $2.50 per share by 22%.
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Nextracker Set to Report Q4 Earnings: What's in the Cards?

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Capri Holdings Ltd (Symbol: CPRI), where a total of 18,389 contracts have traded so far, representing approximately 1.8 million underlying shares. That amounts to about 58.9% of CPRI's average daily trading volume over the past month of 3.1 million shares. Especially high volume was seen for the $7.50 strike put option expiring November 21, 2025, with 2,924 contracts trading so far today, representing approximately 292,400 underlying shares of CPRI. Below is a chart showing CPRI's trailing twelve month trading history, with the $7.50 strike highlighted in orange:
Knight-Swift Transportation Holdings Inc (Symbol: KNX) saw options trading volume of 17,977 contracts, representing approximately 1.8 million underlying shares or approximately 57.8% of KNX's average daily trading volume over the past month, of 3.1 million shares. Particularly high volume was seen for the $47.50 strike call option expiring May 16, 2025, with 9,559 contracts trading so far today, representing approximately 955,900 underlying shares of KNX. Below is a chart showing KNX's trailing twelve month trading history, with the $47.50 strike highlighted in orange:
And Nextracker Inc (Symbol: NXT) saw options trading volume of 9,927 contracts, representing approximately 992,700 underlying shares or approximately 57.4% of NXT's average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $60 strike call option expiring January 16, 2026, with 2,410 contracts trading so far today, representing approximately 241,000 underlying shares of NXT. Below is a chart showing NXT's trailing twelve month trading history, with the $60 strike highlighted in orange:
For the various different available expirations for CPRI options, KNX options, or NXT options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Monday Option Activity: CPRI, KNX, NXT

First Solar, Inc. FSLR reported first-quarter 2025 earnings of $1.95 per share, which were down 11.4% from the prior-year quarter’s figure of $2.20. The bottom line also missed the Zacks Consensus Estimate of $2.50 per share by 22%. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)
The year-over-year decline in the bottom line can be attributed to higher cost of sales and total operating expenses from the prior-year quarter.
FSLR’s Sales Update
First Solar’s first-quarter net sales were $844.6 million, which missed the Zacks Consensus Estimate of $851 million by 0.7%. However, the top line improved 6.4% from the year-ago quarter’s $794.1 million.
First Solar, Inc. Price, Consensus and EPS Surprise
First Solar, Inc. price-consensus-eps-surprise-chart | First Solar, Inc. Quote
Operational Highlights of FSLR
In the first quarter, the company’s gross profit was $344.4 million, which slipped 0.5% from $346 million in the year-ago quarter.
Total operating expenses rose 18.4% year over year to $123.2 million.
FSLR reported an operating income of $221.2 million compared with $243.1 million in the year-ago quarter.
Financial Performance of First Solar
First Solar had $0.84 billion in cash and cash equivalents as of March 31, 2025, down from $1.62 billion as of Dec. 31, 2024.
The long-term debt totaled $327.9 million as of the same date compared with $373.4 million as of Dec. 31, 2024.
The net cash used in operating activities amounted to $608 million during the first three months of 2025 against cash generated from operating activities of $267.7 million during the first three months of 2024.
First Solar’s 2025 Guidance
First Solar has lowered its 2025 guidance, taking into account the expected impact of the implementation of new tariffs in April 2025.
FSLR now expects to generate earnings in the range of $12.50-$17.50 per share, much lower than the earlier guided range of $17.00-$20.00. The Zacks Consensus Estimate for earnings is pegged at $18.22 per share, higher than the company’s guided range.
FSLR now expects to record sales in the range of $4.50-$5.50 billion, lower than its earlier guided range of $5.30-$5.80 billion. The consensus estimate for sales is pegged at $5.48 billion, which lies just below the upper range of the company’s guided range.
First Solar now expects gross profit to be in the band of $1.96-$2.47 billion, lower than the previous guided range of $2.45-$2.75 billion. Its operating income is now anticipated to be in the $1.45-$2.00 billion range compared with the earlier guidance of $1.95-$2.30 billion.
The company currently expects module shipments to be in the band of 15.5-19.3 gigawatts (GW) compared with the prior guidance of 18-20 GW. First Solar has also narrowed its 2025 capital expenditure guidance range from $1.30-$1.50 billion to $1.00-$1.50 billion.
FSLR’s Zacks Rank
First Solar currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A Recent Solar Release
Enphase Energy, Inc. ENPH reported first-quarter 2025 adjusted earnings of 68 cents per share, which missed the Zacks Consensus Estimate of 71 cents by 4.2%. The company’s revenues of $356.1 million missed the Zacks Consensus Estimate of $362 million by 1.7%.
Upcoming Solar Releases
Nextracker Inc. NXT is scheduled to report its fiscal fourth-quarter 2025 results on May 14, after market close.
The Zacks Consensus Estimate for sales is pegged at $828.3 million, which indicates a 12.5% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at 98 cents per share, which indicates year-over-year growth of 2.1%.
Array Technologies ARRY is scheduled to report its first-quarter 2025 results on May 6, before market open.
The Zacks Consensus Estimate for sales is pegged at $263.1 million, which indicates a 71.5% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at nine cents per share, which indicates year-over-year growth of 50%.
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First Solar, Inc. (FSLR) : Free Stock Analysis Report
Enphase Energy, Inc. (ENPH) : Free Stock Analysis Report
Array Technologies, Inc. (ARRY) : Free Stock Analysis Report
Nextracker Inc. (NXT) : Free Stock Analysis Report
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