Nextracker Inc. (NASDAQ:NXT) is one of the Best Performing Tech Stocks According to Hedge Funds. On June 25, Nextracker Inc.

Nextracker's Q1'26 results beat estimates, but shares fell due to margin pressure, high investments, and guidance concerns.

GAAP adjusted EPS of $1.16 beat expectations by 7.4% in Q1 FY2026, but GAAP revenue of $864 million missed estimates by 4.2% in Q1 FY2026. Gross margin (GAAP) edged down to 32.6% in Q1 FY2026.

NXT, BEP, and VWDRY are tapping into soaring demand for renewables and battery storage with global expansion moves.