** Nextracker's shares jump 15.7% to $36.98 premarket after solar tracking equipment maker posted qtrly beat and boosted full-year earnings outlook

** Stock on course for biggest one-day pct gain since Feb 2, if gains hold ** Co late Weds said fiscal Q2 rev rose 11% y/y to $635.6 mln, topping LSEG estimate of $615.4 mln

** Adj EPS in qtr of 97 cents exceeded consensus view of 61 cents ** “We finished Q2 with strong execution and operational discipline, driving meaningful improvements in margins, which allows us to raise our FY25 profit outlook,” CFO

** Co now expects adj EPS of $3.10-$3.30 for FY25, up from prior outlook of $2.89-$3.09, and reaffirmed full-year rev forecast of $2.8-$2.9 bln

** Reacting to report, Truist hikes its PT by $4 to $54 and Jefferies raises PT by $5 to $42, while BofA reduces its target by $7 to $58

** Of 28 Wall Street analysts covering NXT, recommendation breakdown is 5 "strong buy", 17 "buy" and 6 "hold" ratings; median PT of $55 down from $61 a month ago - LSEG

** Through Weds close, shares shed ~32% YTD

(Lance Tupper is a Reuters market analyst. The views expressed are his own) ((lance.tupper@thomsonreuters.com lance.tupper@tr.com 1-646-279-6380))