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Nextracker (NXT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

NXT Stock Forecast

Nextracker (NXT) stock forecast, based on 20 Wall Street analysts, predicts a 12-month average price target of $49.00, with a high of $49.00 and a low of $49.00. This represents a 13.77% increase from the last price of $43.07.

$35 $40 $45 $50 $55 $60 High: $49 Avg: $49 Low: $49 Last Closed Price: $43.07

NXT Stock Rating

Nextracker stock's rating consensus is Buy, based on 20 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 18 Buy (90.00%), 2 Hold (10.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 20 0 2 18 Strong Sell Sell Hold Buy Strong Buy

NXT Price Target Upside V Benchmarks

TypeNameUpside
StockNextracker13.77%
SectorEnergy Stocks 35.40%

Price Target Trends

1M3M12M
# Anlaysts119
Avg Price Target$49.00$49.00$56.67
Last Closing Price$43.07$43.07$43.07
Upside/Downside13.77%13.77%31.58%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 258165-130
Mar, 257165-129
Feb, 257175-130
Jan, 257177-132
Dec, 246177-131
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 21, 2025Piper Sandler$49.00$39.2824.75%13.77%
Oct 29, 2024Philip ShenRoth Capital$55.00$32.5668.92%27.70%
Sep 03, 2024Julian Dumoulin-SmithJefferies$46.00$37.2323.56%6.80%
Aug 16, 2024Joseph OshaGuggenheim$55.00$38.9041.39%27.70%
Jul 29, 2024Jordan LevyTruist Financial$65.00$47.2837.48%50.92%
May 15, 2024Steven FoxUS Capital Advisors$60.00$47.7725.60%39.31%
May 15, 2024Kashy HarrisonPiper Sandler$60.00$47.7925.55%39.31%
May 15, 2024Ameet ThakkarBMO Capital$56.00$43.0130.20%30.02%
May 15, 2024Praneeth SatishWells Fargo$64.00$43.0148.80%48.60%
Apr 23, 2024Joseph OshaGuggenheim$60.00$44.0036.36%39.31%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 29, 2025BMO CapitalMarket PerformMarket Performhold
Jan 29, 2025Cowen & Co.HoldHoldhold
Jan 29, 2025SusquehannaPositivePositivehold
Jan 29, 2025JefferiesHoldBuyupgrade
Jan 29, 2025GuggenheimBuyBuyhold
Dec 19, 2024Cowen & Co.HoldHoldinitialise
Oct 29, 2024Wells FargoMarket PerformMarket Performhold
Oct 11, 2024Piper SandlerOverweightOverweighthold
Oct 03, 2024J.P. MorganBuyBuyhold
Sep 03, 2024JefferiesHoldinitialise

Financial Forecast

EPS Forecast

$0 $1 $2 $3 $4 $5 $6 Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$0.02------
Avg Forecast$1.00$2.71$3.78$3.68$3.93$4.21$4.83
High Forecast$1.04$2.86$4.01$4.03$4.44$4.39$5.04
Low Forecast$0.97$2.63$3.49$3.10$3.26$4.10$4.70
Surprise %-98.00%------

Revenue Forecast

$2B $2B $3B $4B $4B $5B Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$1.90B$2.50B-----
Avg Forecast$1.89B$2.45B$2.86B$3.19B$3.44B$3.89B$4.60B
High Forecast$1.95B$2.49B$2.87B$3.27B$3.45B$4.01B$4.75B
Low Forecast$1.85B$2.44B$2.85B$3.10B$3.42B$3.81B$4.51B
Surprise %0.86%2.14%-----

Net Income Forecast

$0 $150M $300M $450M $600M $750M Mar 23 Mar 24 Mar 25 Mar 26 Mar 27 Mar 28 Mar 29
Mar 23Mar 24Mar 25Mar 26Mar 27Mar 28Mar 29
Reported$1.14M$306.24M-----
Avg Forecast$146.85M$403.77M$551.92M$477.26M$492.11M$620.46M$711.38M
High Forecast$153.14M$420.81M$589.98M$594.03M$654.59M$647.02M$741.83M
Low Forecast$143.05M$386.73M$513.86M$456.08M$480.74M$604.39M$692.96M
Surprise %-99.22%-24.15%-----

NXT Forecast FAQ

Is Nextracker stock a buy?

Nextracker stock has a consensus rating of Buy, based on 20 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 18 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Nextracker is a favorable investment for most analysts.

What is Nextracker's price target?

Nextracker's price target, set by 20 Wall Street analysts, averages $49 over the next 12 months. The price target range spans from $49 at the low end to $49 at the high end, suggesting a potential 13.77% change from the previous closing price of $43.07.

How does Nextracker stock forecast compare to its benchmarks?

Nextracker's stock forecast shows a 13.77% upside, underperforming the average forecast for the energy stocks sector (35.40%).

What is the breakdown of analyst ratings for Nextracker over the past three months?

  • April 2025: 26.67% Strong Buy, 53.33% Buy, 16.67% Hold, 0% Sell, 3.33% Strong Sell.
  • March 2025: 24.14% Strong Buy, 55.17% Buy, 17.24% Hold, 0% Sell, 3.45% Strong Sell.
  • February 2025: 23.33% Strong Buy, 56.67% Buy, 16.67% Hold, 0% Sell, 3.33% Strong Sell.

What is Nextracker’s EPS forecast?

Nextracker's average annual EPS forecast for its fiscal year ending in March 2025 is $3.78, marking a 0% decrease from the reported $0 in 2024. Estimates for the following years are $3.68 in 2026, $3.93 in 2027, $4.21 in 2028, and $4.83 in 2029.

What is Nextracker’s revenue forecast?

Nextracker's average annual revenue forecast for its fiscal year ending in March 2025 is $2.86B, reflecting a 14.54% increase from the reported $2.5B in 2024. The forecast for 2026 is $3.19B, followed by $3.44B for 2027, $3.89B for 2028, and $4.6B for 2029.

What is Nextracker’s net income forecast?

Nextracker's net income forecast for the fiscal year ending in March 2025 stands at $551.92M, representing an 80.22% increase from the reported $306.24M in 2024. Projections indicate $477.26M in 2026, $492.11M in 2027, $620.46M in 2028, and $711.38M in 2029.