11 Cheap Clean Energy Stocks to Buy Right Now

3. Nextracker Inc. (NASDAQ:NXT)

Number of Hedge Fund Holders: 50

Forward P/E: 17.02

With significant upside potential, Nextracker Inc. (NASDAQ:NXT) secures a spot on our list of the 11 Cheap Clean Energy Stocks to Buy Right Now.

On September 15, 2025, Nextracker Inc. (NASDAQ:NXT) announced that its Chief Accounting Officer, David P. Bennett, sold 29,178 shares at $67.08 per share for $1.96 million under a pre-arranged 10b5-1 trading plan.

Meanwhile, Nextracker Inc. (NASDAQ:NXT)’s share price has risen over 96% and 58% on a yearly and year-to-date basis, respectively. Analysts believe the company’s stock is undervalued, with several analysts projecting significant upside for NXT’s shares. Furthermore, the company reported stronger-than-expected quarterly results.

Nextracker Inc. (NASDAQ:NXT) offers advanced solar tracker technologies and solutions for utility-scale and distributed generation projects in the U.S. and internationally. It is one of the Best Clean Energy Stocks.