Comparing Nextpower (NASDAQ:NXT) & T1 Energy (NYSE:TE)

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

Analyst Ratings

This is a breakdown of current ratings for Nextpower and T1 Energy, as provided by MarketBeat.com.

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

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

Earnings & Valuation

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

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

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.

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%

Volatility & 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.

Insider & Institutional Ownership

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

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.