에 대한 최신 뉴스 NEXTracker (NASDAQ:NXT) 주식

NEXTracker

Nextracker (and its subsidiaries) is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar projects around the world. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. Nextracker has operations in the United States, Mexico, Spain and other countries in Europe, India, Australia, the Middle East, Africa, and Brazil.

Analyst Color

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Markets

Analyst Ratings

Trading Ideas

BEPC

FSLR

Hannon Armstrong Sustainable Infrastructure Capital

HASI

2024년은 청정(클린) 에너지 주식에게 힘든 한 해였던 반면, JP모건의 애널리스트 마크 스트라우스(Mark Strouse)는 2025년을 이 섹터에서 선택적인 기회의 해로 보고 있다. 스트라우스는 투자자들이 청정 에너지 잠재력을 탐색할 수 있는 최고의 주식으로 퍼스트 솔라(NASDAQ:FSLR), 넥스트래커(NASDAQ:NXT), HA 서스테이너블 인프라 캐피털(NYSE:HASI) 및 브룩필드 리뉴어블(NYSE:BEP) (NYSE:BEPC) 네 개를 지목하고 있다.

2025년 청정 에너지의 부활: 분석가가 시장의 동요 속에 숨겨진 4가지 보석을 공개

Government

Politics

ARRY

ENPH

TSLA

골드만삭스의 애널리스트들은 인플레이션 감축법(IRA) 인센티브에 대한 상당한 수익 노출이 있는 아홉 개의 회사를 강조했다. 도널드 트럼프가 1월에 백악관으로 돌아오면서, 시장은 그의 정책이 재생 가능 에너지 투자에 어떤 영향을 미칠지 평가하고 있다. 골드만의 보고서는 주로 청정 기술 부문에 있는 회사들을 포함하고 있으며, 이들 회사는 IRA의 인센티브가 운영에 필수적이 되었다.

인플레이션 감소법으로 큰 상승이 예상되는 3개의 주식 - 테슬라가 이 목록에 빠진 이유

Mid Cap

News

Topics

Movers

AAPL

GSAT

MDGL

OMCL

PRCT

이들 7개 중형주는 지난주 최고의 성과를 거두었다. 그것들이 당신의 포트폴리오에 있나요? 1. 마드리갈 파마슈티컬스(NASDAQ:MDGL)의 주식은 회사가 예상보다 좋은 실적을 발표한 후 51.70% 상승했다.

글로벌스타와 넥스트래커는 지난주 최고 성과를 보여준 7개 중형주 중 일부 (10월 28일-11월 1일)

NEXTracker Inc

NEXT BIOMETRICS GRP ORD by Next Biometrics Group AS

Next Biometrics Group ASA

NextCure Inc

Investment Managers Series Trust II AXS Green Alpha ETF

NEXTRACTION ENERGY CORP by Nextraction Energy Corp.

Nextraction Energy Corp

First Trust Indxx NextG ETF

NXT NUTRITIONALS HLDG INC by NXT Nutritionals Holdings, Inc.

NXT Nutritionals Holdings Inc

Simplify Exchange Traded Funds Simplify Next Intangible Core Index ETF

Next10 Inc

Nexstim Oyj

NEXTPLAY TECHS INC by NextPlay Technologies, Inc.

NextPlay Technologies Inc

Next Technology Holding Inc. - Ordinary Shares

Next Technology Holding Inc

Lifeist Wellness Inc

Simplify Exchange Traded Funds Simplify Next Intangible Value Index ETF

NEXITY FINANCIAL CORP by Nexity Financial Corp.

Nexity Financial Corp

Biotech

Health Care

General

AVIR

Atea Pharmaceuticals Has Engaged Evercore Investment Bank, To Identify Potential Opportunities, Including The Exploration Of Strategic Partnerships Related To Its Phase 3-Ready Program For Hepatitis C Virus

Sony Group Corp&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SONY#NYSE">SONY</a>) Astro Bot has been awarded the Game of the Year title at the 2024 Game Awards, stirring a significant online debate among gaming enthusiasts.
What Happened: Sony&#8217;s Astro Bot, a PlayStation 5 platform game, clinched the Game of the Year award at the 2024 Game Awards last week.&nbsp;
Developed by Team Asobi, the game was released globally on the PS5 on Sept. 6, 2024. The game is a 3D platformer where players guide the character Astro Bot through imaginative worlds.
It has received widespread acclaim, boasting a 94-critic score and a 9.2-user score on Metacritic.
See Also: <a href="https://www.benzinga.com/tech/24/12/42453840/how-to-unlock-apple-intelligence-features-with-ios-18-2-everything-you-need-to-know?itm_source=parsely-api">How To Unlock Apple Intelligence Features With iOS 18.2: Everything You Need To Know</a>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Thank you to all our fans around the globe who cheered ASTRO BOT to become Game of the Year 2024! You are the ones who make our hearts beat every day. Love from Astro and all of us at Team ASOBI!&#x1f495; <a href="https://t.co/7kaSRztHsD">pic.twitter.com/7kaSRztHsD</a>
&mdash; Team ASOBI (@TeamAsobi) <a href="https://twitter.com/TeamAsobi/status/1867989033315709294?ref_src=twsrc%5Etfw">December 14, 2024</a></blockquote>
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Despite its success, the game&#8217;s victory at the Game Awards has ignited a heated debate across social media platforms.
Many users expressed anger and disbelief, taking to X, formerly Twitter to voice their discontent. Memes and negative posts have flooded platforms, reflecting the intense emotions surrounding the win.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">me after astrobot won GAME OF THE YEAR <a href="https://t.co/PsT0R8wF9f">pic.twitter.com/PsT0R8wF9f</a>
&mdash; asyc (@AsycLoL) <a href="https://twitter.com/AsycLoL/status/1867420145238650958?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Astro Bot winning GOTY is a MASSIVE joke wtf &#x1f480;&#x1f480;&#x1f480;&#x1f480; <a href="https://t.co/xtERob6X3f">pic.twitter.com/xtERob6X3f</a>
&mdash; Popcorp (@PopcorpGFX) <a href="https://twitter.com/PopcorpGFX/status/1867420249756512642?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">No disrespect on Astro Bot but how tf did that beat Black Myth Wukong for game of the year bruh? Telling me Astro bot is worthy to be with God of War, Elden Ring, and the Last of us? <a href="https://twitter.com/hashtag/GameAwards2024?src=hash&amp;ref_src=twsrc%5Etfw">#GameAwards2024</a> <a href="https://t.co/vzlW7mzz6P">pic.twitter.com/vzlW7mzz6P</a>
&mdash; Lawfvl COLLEGE PREP ERA (@Lawfvl_) <a href="https://twitter.com/Lawfvl_/status/1867421676549378475?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">guys I think it&#39;s time to stop taking the game awards seriously <a href="https://t.co/JpiKJuUJS9">https://t.co/JpiKJuUJS9</a>
&mdash; zanny (@TheOnlyZanny) <a href="https://twitter.com/TheOnlyZanny/status/1867420984787239134?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
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Conversely, a strong contingent of fans has defended Astro Bot&#8217;s triumph. Some argue that its win could positively impact the gaming industry.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">every mf saying astro bot didn&#39;t deserve GOTY when they go and play the game for the first time <a href="https://t.co/zVcabzpOqU">https://t.co/zVcabzpOqU</a> <a href="https://t.co/7ZzqPfnAq7">pic.twitter.com/7ZzqPfnAq7</a>
&mdash; Stormfall (@stormfall33) <a href="https://twitter.com/stormfall33/status/1867977857554915414?ref_src=twsrc%5Etfw">December 14, 2024</a></blockquote>
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">astrobot winning shows companies people want actual games with heart and soul and joy in it and not hyper realistic boring cutscene fodder slop this is a win for gaming as a whole no matter who you wanted to win this is objectively good and will steer gaming in a good direction <a href="https://t.co/iIbFU8SrGx">pic.twitter.com/iIbFU8SrGx</a>
&mdash; Liz (@Vocliz) <a href="https://twitter.com/Vocliz/status/1867421056358551639?ref_src=twsrc%5Etfw">December 13, 2024</a></blockquote>
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Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: The Game Awards 2024, held at the Peacock Theater in Los Angeles, saw Astro Bot triumph over formidable contenders like Metaphor: ReFantazio, Final Fantasy VII: Rebirth, and Elden Ring Shadow of the Erdtree.
The PlayStation 5 exclusive not only secured the Game of the Year title but also won in three additional categories: Best Game Direction, Best Family Game, and Best Action Adventure.
Atlus' RPG Metaphor ReFantazio also scored big at The Game Awards 2024, earning wins in three major categories: Best Narrative, Best Art Direction, and Best RPG.
The indie sensation Balatro took home trophies for Best Independent Game, Best Debut Indie Game, and Best Mobile Game.
Final Fantasy VII: Rebirth from Square Enix, which tied with Astro Bot for the <a href="https://www.benzinga.com/general/gaming/24/11/42046762/the-game-awards-2024-nominees-are-here-dlc-and-remakes-make-the-list">most nominations at seven</a>, secured just one win for Best Score and Music.
The action RPG Black Myth: Wukong by Chinese developer Game Science was crowned Best Action Game, while Tekken 8 triumphed in the Best Fighting Game category.
Sony's popular live-service shooter Helldivers 2 also made waves, claiming victories in Best Ongoing Game and Best Multiplayer Game.
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.&nbsp;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42499609/micron-gets-investment-from-white-house-china-launches-antitrust-investigation-on-nvidia-apple-faces-1-2-billion-lawsuit-in-california-more-consumer-tech-news-december-9-13?itm_source=parsely-api">Micron Gets Investment From White House, China Launches Antitrust Investigation On Nvidia, Apple Faces $1.2 Billion Lawsuit In California &amp; More: Consumer Tech News</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Image Via Playstation

Gaming

Tech

Sony Group Corporation American Depositary Shares

SONY

Sony's Astro Bot Takes 'Game Of The Year' Crown, But The PlayStation 5 Platformer Divides The Internet

Deutsche Bank analyst Bryan Keane maintains Affirm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) with a Hold and raises the price target from $45 to $75.

Price Target

AFRM

Deutsche Bank Maintains Hold on Affirm Holdings, Raises Price Target to $75

In a recent discussion on the All In Podcast, Chamath Palihapitiya delved into the potential advantages of tariffs suggested by Donald Trump. 
He pointed out that these tariffs could function as a &#8220;reverse subsidy for American companies,&#8221; helping them to compete more effectively against Chinese firms. Palihapitiya highlighted the importance of understanding which markets and products these tariffs would target.
He cited the electrification of the U.S. economy as an example, noting the necessity for electric motors and batteries, which rely on permanent magnets containing rare earth elements. Currently, Chinese manufacturers lead in producing these magnets due to economic benefits and subsidies, as discussed in the podcast.
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<iframe loading="lazy" title="Trump&#039;s Cabinet, Google&#039;s Quantum Chip, Apple&#039;s iOS Flop, TikTok Ban, State of VC with Keith Rabois" width="500" height="281" src="https://www.youtube.com/embed/9p-vCUB5AA8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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See Also: <a href="https://www.benzinga.com/markets/24/12/42485284/billionaire-warren-buffett-paid-120000-for-a-home-but-took-out-a-mortgage-to-do-it-investing-that-money-instead-made-him-2-billion?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Billionaire Warren Buffett Paid $120,000 For A Home But Took Out A Mortgage To Do It – Investing That Money Instead Made Him $2 Billion</a>
Palihapitiya suggested that tariffs could disrupt these advantages, preventing the continuation of such practices. He argued that when combined with existing U.S. government subsidies and support, these tariffs could create substantial opportunities for the American economy. 
Why It Matters: The discussion comes amid broader debates on Trump&#8217;s proposed tariff policies. The Trump administration plans to increase tariffs on Chinese imports by an <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42421528/trumps-tariff-storm-3-survival-strategies-us-companies-are-using-to-fight-back">average of 20 percentage points</a>, with some non-consumer goods facing hikes as high as 60 percentage points. This move has prompted U.S. companies to devise strategies to mitigate potential impacts.
However, not everyone agrees with the effectiveness of these tariffs. Paul Gambles from MBMG Family Office Group criticized Trump&#8217;s tariff policies, describing them as <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42383874/expert-slams-trumps-tariff-policies-as-completely-and-utterly-wrong-but-says-we-dont-think-they-are-going-to-do-anything">&#8220;completely and utterly wrong.&#8221;</a> He warned that these tariffs could harm the U.S.&#8217;s competitive advantage, although he expressed skepticism about the full implementation of Trump&#8217;s proposals.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/24/12/42483873/sylvester-stallone-gifts-a-knockout-25-million-hamptons-estate-to-his-daughters-another-addition-to-his-curated-property-portfolio?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Sylvester Stallone Gifts A Knockout $25 Million Hamptons Estate To His Daughters – Another Addition To His Curated Property Portfolio</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo by TechCrunch on Flickr

Chamath Palihapitiya Says Trump's Proposed Tariffs Would Act As 'Reverse Subsidy For American Companies' To Compete With Chinese Counterparts

Macro Economic Events

Econ #s

Economics

U.K. Services Purchasing Managers Index Preliminary For December 51.4 Vs. 50.9 Est.; 50.8 Prior

U.K. Manufacturing Purchasing Managers Index Preliminary For December 47.3 Vs. 48.4 Est.; 48.0 Prior

U.K. Composite Purchasing Managers' Index Preliminary For December 50.5 Vs. 50.5 Prior

Eurozone Services Purchasing Managers Index Preliminary For December 51.4 Vs. 49.5 Est.; 49.5 Prior

HCOB Eurozone Composite Purchasing Managers Index Preliminary For December 49.5 Vs. 48.3 Prior

Eurozone Manufacturing Purchasing Managers Index Preliminary For December 45.2 Vs. 45.3 Est.; 45.2 Prior

Germany Services Purchasing Managers Index Preliminary For December 51.0 Vs. 49.5 Est.; 49.3 Prior

Germany Manufacturing Purchasing Managers Index Preliminary For December 42.5 Vs. 43.1 Est.; 43.0 Prior

France Services Purchasing Managers Index Preliminary For December 48.2 Vs. 46.9 Est.; 46.9 Prior

France Manufacturing Purchasing Managers Index Preliminary For December 41.9 Vs. 43.2 Est.; 43.1 Prior

Wedbush Securities analyst and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull Dan Ives said on Sunday that he is raising the price target on the EV giant&#8217;s stock from $400 to $515. 
What Happened: &#8220;&#8230;we believe the Trump White House will be a &#8216;total game changer&#8217; for the autonomous and AI story for Tesla and Musk over the coming years,&#8221; Ives said in a post on social media platform X. 
&#8220;Bull case is $650 for 2025. AI/autonomous opportunity is worth at least $1 trillion.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Raising price target on Tesla to $515 as we believe the Trump White House will be a &quot;total game changer&quot; for the autonomous and AI story for Tesla and Musk over the coming years. Bull case is $650 for 2025. AI/autonomous opportunity is worth at least $1 trillion &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;&#x1f4cd;
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1868365307636801629?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
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Ives believes Tesla could touch a market cap of $2 trillion by 2025-end with the company&#8217;s vision for autonomous driving finding a more concrete structure. Wedbush&#8217;s current price target, however, assumes no value for the company&#8217;s Optimus humanoid robot which Ives said &#8220;could be a major upside catalyst for the Tesla story.&#8221;
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We believe Tesla could reach a $2 trillion market cap by the end of 2025 as the company&#39;s autonomous vision starts to take shape. Importantly, our price target conservatively assumes no value today for Optimus which could be a major upside catalyst for the Tesla story &#x1f525;&#x1f3c6;&#x1f402;&#x1f37f;&#x1f447; <a href="https://t.co/IBxilcLgC3">https://t.co/IBxilcLgC3</a>
&mdash; Dan Ives (@DivesTech) <a href="https://twitter.com/DivesTech/status/1868414138105618765?ref_src=twsrc%5Etfw">December 15, 2024</a></blockquote>
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Why It Matters: Tesla stock closed up 4.3% at $436.23 on Friday. The stock is up by around 76% year-to-date, according to data from <a href="http://pro.benzinga.com">Benzinga Pro.</a>
33 analysts together have a consensus rating of &#8220;Buy&#8221; on Tesla. Brokerage Stifel gave Tesla a price target of $411 earlier this month while maintaining a &#8220;buy rating.&#8221;
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Many, including Ives, are hopeful that Musk&#8217;s newly forged friendship with President-elect Donald Trump will enable a better environment for the deployment of autonomous vehicles while his other policies against EVs will harm smaller rival players, effectively reducing competition for Tesla. 
Last week, it was reported that a trump transition team responsible for devising a 100-day strategy for automotive policy wants the incoming administration to<a href="https://www.benzinga.com/24/12/42495770/trump-transition-team-advocates-for-abolishing-car-crash-reporting-rule-tesla-stands-to-gain"> abolish the requirement to report car crashes</a> if advanced driver assistance or autonomous driving technologies are engaged within 30 seconds of impact. Tesla has been a critic of the requirement. 
Musk's Tesla is developing a set of advanced driver assistance features called full self-driving with which it intends to enable&nbsp;<a href="https://www.benzinga.com/trading-ideas/movers/24/11/42038624/tesla-stock-is-trading-higher-monday-whats-going-on" target="_blank" rel="noreferrer noopener">vehicle autonomy in due time.</a>
In November, it was also reported that Trump&nbsp;is planning to&nbsp;<a href="https://www.benzinga.com/news/global/24/11/41999238/ross-gerber-blasts-teslas-support-for-ending-ev-tax-credit-as-insanity-amid-reported-policy-shift-under-trump-administration" target="_blank" rel="noreferrer noopener">end the $7,500 consumer tax credit</a>&nbsp;for purchasing EVs under the Inflation Reduction Act (IRA).
&nbsp;"In my view, we should end all government subsidies, including those for EVs, oil and gas," <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42005034/elon-musk-backs-calls-for-end-to-ev-subsidies-but-former-tesla-exec-warns-of-massive-drop-in-manufacturing-investments-if-trump-follows-through">Musk then wrote</a> on X.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/24/12/42501487/cybertruck-production-rate-was-reduced-even-before-decembers-production-pause-says-tesla-researcher" target="_blank" rel="noreferrer noopener">Tesla's Cybertruck Production Rate Was Reduced Even Before December's Pause, Says Researcher</a></li>
</ul>
Image via Tesla

Tech Bull Raises Tesla Price Target To $515, Predicts $1 Trillion AI Opportunity Under Trump White House: 'Total Game Changer'

Goldman Sachs analyst Eric Sheridan initiates coverage on Grindr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GRND#NYSE">GRND</a>) with a Buy rating and announces Price Target of $20.

Initiation

GRND

Goldman Sachs Initiates Coverage On Grindr with Buy Rating, Announces Price Target of $20

Ascendiant Capital analyst Edward Woo maintains Alzamend Neuro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALZN#NASDAQ">ALZN</a>) with a Buy and lowers the price target from $35 to $32.

ALZN

Ascendiant Capital Maintains Buy on Alzamend Neuro, Lowers Price Target to $32

HEICO Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) will release its fourth-quarter financial results, after the <a href="https://www.benzinga.com/quote/hei/earnings">closing bell, on Tuesday, Dec. 17</a>.
Analysts expect the Hollywood, Florida-based retailer to report quarterly earnings at 98 cents per share, up from 74 cents per share in the year-ago period. Heico projects quarterly revenue of $1.03 billion, compared to $936.45 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Aug 26, the company reported upbeat earnings for its third quarter.
Heico shares gained 0.6% to close at $256.89 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/HEI/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Truist Securities analyst Michael Ciarmoli maintained a Buy rating and raised the price target from $264 to $282 on Oct. 18. This analyst has an accuracy rate of 82%.</li>
<li>Morgan Stanley analyst Kristine Liwag maintained an Equal-Weight rating and boosted the price target from $245 to $265 on Oct. 18. This analyst has an accuracy rate of 71%.</li>
<li>B of A Securities analyst Ronald Epstein maintained a Buy rating and raised the price target from $250 to $285 on Sept. 19. This analyst has an accuracy rate of 61%.</li>
<li>Deutsche Bank analyst Scott Deuschle maintained a Buy rating and increase the price target from $235 to $271 on Sept. 4. This analyst has an accuracy rate of 70%.</li>
<li>RBC Capital analyst Ken Herbert maintained an Outperform rating and increased the price target from $250 to $272 on Aug. 28. This analyst has an accuracy rate of 68%.</li>
</ul>
Considering buying HEI stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="408" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-1024x408.png" alt="" class="wp-image-693386" style="width:530px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-1024x408.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-300x119.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120-768x306.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16042422/image-120.png 1512w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Earnings

Heico Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Ascendiant Capital analyst Edward Woo maintains Surgepays (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SURG#NASDAQ">SURG</a>) with a Buy and lowers the price target from $9 to $8.5.

SURG

Ascendiant Capital Maintains Buy on Surgepays, Lowers Price Target to $8.5

Ascendiant Capital analyst Edward Woo maintains Genasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) with a Buy and raises the price target from $4.75 to $5.5.

GNSS

Ascendiant Capital Maintains Buy on Genasys, Raises Price Target to $5.5

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Nextracker Non-GAAP EPS of $0.97 beats by $0.36, revenue of $636M beats by $22.23M

Nextracker Inc. (NXT) Q2 2025 Earnings Call Transcript

Nextracker: Tracking Well On Quality Metrics

Powell Industries (POWL) reported solid financial results in the third quarter of 2024, easily beating analysts' expectations. While the industrial machinery company's long-term prospects are robust with a wide product portfolio, increasing demand, and market expansion, it faces short-term uncertainties amid upcoming earnings report and rigid competition. So, should you add this stock to your watchlist? Read more to find out... Powell Industries, Inc. (<a href="https://stocknews.com/stock/POWL/">POWL</a>) is a leading provider of custom-engineered equipment and systems. The company engaged in the designing, development, manufacturing, sale, and services of these systems. In the last reported quarter, the company's revenue of $288.17 million surpassed the analysts' expectations of $222.18 million. Also, its EPS of $3.79 was above the estimate of $2.16.
The revenue increase from the prior period was primarily driven by strong growth in the Oil and Gas sector, which increased 56% year-over-year to $114.3 million. Also, revenues from the Electric Utility sector amounted to $57 million, indicating an increase of 30%.
During the third quarter, POWL's new orders totaled $356 million, which were spread broadly across its key end markets, and its backlog was $1.30 billion as of June 30, 2024. The orders represent the estimated value of contracts added to the company's existing backlog and its continuous strides toward further expansion.
Amid the growth in the manufacturing industry and overall economic growth, the global industrial machinery market has grown strongly in recent years. The market is poised to grow to $777.35 billion by 2028, at a <a href="https://www.researchandmarkets.com/reports/5939714/industrial-machinery-global-market-report#:~:text=The%20industrial%20machinery%20market%20size,(CAGR)%20of%207.8%25.">CAGR of 7.2%</a>, driven by technological advances, market expansion, and adoption of robotics and automation.
Powell stands to capitalize on the industry's solid standing with its wide product portfolio. The company plays a crucial role in the industrial sector, especially with its electrical equipment products like electrical houses and medium-voltage circuit breakers.
Currently, a certain degree of uncertainty is lingering around the future prospects of POWL as it prepares to announce its financial results for the fiscal fourth quarter and year ended September 30, 2024, on November 19, 2024. Analysts have mostly projected optimistic expectations on its revenue and EPS for the quarter, with some alternate opinions.
Shares of POWL have gained 114.4% over the past six months and 317.3% over the past year to close its last trading session at $343.86.
Let's look at factors that could influence POWL's performance in the upcoming months.
Robust Financials
For the third quarter that ended June 30, 2024, POWL's revenues increased 49.8% year-over-year to $288.17 million. Its <a href="https://www.investopedia.com/terms/g/grossprofit.asp">gross profit</a> grew 91.6% from the year-ago value to $81.74 million. The company's operating income of $57.29 million indicates growth of 165.8% year-over-year.
Furthermore, the company reported net income and EPS of $46.22 million and $3.79, reflecting increases of 150.5% and 149.3% from the prior year's quarter, respectively. Also, POWL's total assets stood at $868.98 million as of June 30, 2024, compared to $752.24 million as of September 30, 2023.
Favorable Analyst Estimates
Analysts expect POWL's revenue for the fourth quarter (ended September 2024) to come in at $286.49 million, indicating an increase of 37.3% year-over-year. The consensus EPS estimate of $3.55 for the same period reflects an 82.1% year-over-year improvement. Further, the company has maintained an impressive earning history, having topped the consensus revenue and EPS estimates in each trailing four quarters.
For the fiscal year 2024, the company's revenue and EPS are anticipated to grow 50.2% and 185.9% year-over-year to $1.05 billion and $11.78, respectively. In addition, Street expects its revenue and EPS for the fiscal year 2025 to grow 6% and 4.9% from the prior year to $1.11 billion and $12.36, respectively.
Robust Profitability
POWL's trailing-12-month EBIT margin and net income margin of 16.12% and 13.77% are 56.3% and 114.2% higher than the 10.31% and 6.43% industry average, respectively. Its trailing-12-month Levered FCF margin of 16.81% is significantly higher than the industry average of 6.66%.
Elevated Valuation
In terms of forward non-GAAP P/E, POWL is currently trading at 29.19x, 36.4% higher than the industry average of 21.40x. The stock's forward EV/Sales and Price/Sales of 3.57x and 3.92x are considerably higher than the industry average of 2.04x and 1.64x, respectively.
Additionally, the stock's forward EV/EBITDA and Price/Book of 20.42x and 8.75x are currently 63.2% and 167% higher than the industry averages of 12.51x and 3.28x, respectively.
POWR Ratings Reflect Uncertainty
POWL's mixed fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of C, translating to a Neutral in our proprietary system. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
Our proprietary rating system also evaluates each stock based on eight distinct categories. POWL has an A grade for Quality, consistent with its higher-than-industry profitability.
However, the company's elevated valuation has earned it a C grade for Value.
POWL is ranked #42 among the 79 stocks in the A-rated <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry.
Beyond what I have stated above, we have also given POWL grades for Momentum, Sentiment, Stability, and Growth. Get access to all the POWL ratings <a href="https://stocknews.com/stock/POWL/">here</a>.
Bottom Line
POWL reported solid financial results in the last reported quarter. Further, the company's long-term growth opportunities are solid, driven by the increasing number of new orders, innovative products, and widening sector scope. However, it continues to grapple with elevated valuation, short-term uncertainties, and rigid competition from its peers like Fluence Energy, Inc. (<a href="https://stocknews.com/stock/FLNC/">FLNC</a>) and Nextracker, Inc. (<a href="https://stocknews.com/stock/NXT/">NXT</a>).
Given POWL's elevated valuation and near-term prospects, waiting for a better entry point in this stock seems prudent.
Stocks to Consider Instead of Powell Industries, Inc. (POWL)
Given its near-term uncertain prospects, the odds of POWL outperforming in the weeks and months ahead are compromised. However, there are many industry peers with much more impressive POWR Ratings. So, consider these A (Strong Buy) or B (Buy) stocks from the <a href="https://stocknews.com/category/industrial-machinery/">Industrial - Machinery</a> industry instead:
Smiths Group PLC (<a href="https://stocknews.com/stock/SMGZY/">SMGZY</a>)
Donaldson Company, Inc. (<a href="https://stocknews.com/stock/DCI/">DCI</a>)
Techtronic Industries Co. Ltd. ADR (<a href="https://stocknews.com/stock/TTNDY/">TTNDY</a>)
For exploring more A and B-rated industrial stocks, <a href="https://stocknews.com/category/industrial-machinery/">click here</a>.
What To Do Next?
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<hr />
POWL shares were trading at $317.63 per share on Wednesday afternoon, down $26.23 (-7.63%). Year-to-date, POWL has gained 261.12%, versus a 26.92% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rjkumari Saxena</h2> <img src='https:/wp-content/uploads/2024/04/Rajkumari-Saxena_Image-1.jpeg' style="float:left; padding:5px;width:125px;">Rajkumari started her career as a writer but gradually shifted her focus to financial journalism, leveraging her educational background in Commerce. Fascinated by the interplay of business and economic shifts in equities, she aspires to evolve as an analyst. With a knack for simplifying complex financial concepts, her mission is to empower investors with insights that lead to profitable decisions.<a href="https://stocknews.com/authors/?author=rajkumari-saxena">More...</a>The post <a href=https://stocknews.com/news/powl-smgzy-dci-ttndy-flnc-nxt-should-you-watch-powell-industries-amidst-industrial-sector-growth/>Should You Watch Powell Industries Amidst Industrial Sector Growth?</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

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