Nextpower (NASDAQ:NXT) vs. T1 Energy (NYSE:TE) Critical Analysis

T1 Energy (NYSE:TEGet Free Report) and Nextpower (NASDAQ:NXTGet Free Report) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, dividends, valuation, profitability and analyst recommendations.

Profitability

This table compares T1 Energy and Nextpower’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
T1 Energy -133.07% -121.17% -14.59%
Nextpower 16.43% 32.01% 17.25%

Analyst Recommendations

This is a breakdown of recent ratings and target prices for T1 Energy and Nextpower, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
T1 Energy 1 1 4 1 2.71
Nextpower 0 7 17 1 2.76

T1 Energy presently has a consensus target price of $7.50, indicating a potential upside of 10.95%. Nextpower has a consensus target price of $108.32, indicating a potential upside of 6.79%. Given T1 Energy’s higher probable upside, equities analysts plainly believe T1 Energy is more favorable than Nextpower.

Earnings & Valuation

This table compares T1 Energy and Nextpower”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
T1 Energy $2.94 million 488.31 -$450.15 million ($3.78) -1.79
Nextpower $2.96 billion 5.09 $509.17 million $3.91 25.94

Nextpower has higher revenue and earnings than T1 Energy. T1 Energy is trading at a lower price-to-earnings ratio than Nextpower, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

52.3% of T1 Energy shares are held by institutional investors. Comparatively, 67.4% of Nextpower shares are held by institutional investors. 15.7% of T1 Energy shares are held by insiders. Comparatively, 0.6% of Nextpower shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Volatility and Risk

T1 Energy has a beta of 1.66, suggesting that its share price is 66% more volatile than the S&P 500. Comparatively, Nextpower has a beta of 2.41, suggesting that its share price is 141% more volatile than the S&P 500.

Summary

Nextpower beats T1 Energy on 11 of the 14 factors compared between the two stocks.

About T1 Energy

(Get Free Report)

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.

About Nextpower

(Get Free Report)

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.

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