Nextracker is trading at $95.65 (up 5.2%), extending its post-earnings rally following a strong fiscal Q1 FY27 report that featured a significant revenue and EPS beat.
- The company reported a record $5.5 billion backlog and raised its full-year FY27 outlook, reinforcing investor confidence in its pivot toward a broader energy infrastructure platform.
- Shares are seeing significant follow-through buying today, notably outperforming the wider energy sector which remains under pressure.