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Nextracker - NXT Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $40.08
  • Forecasted Upside: 28.47%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 11 Buy Ratings
  • 0 Strong Buy Ratings
$31.20 As of 03/24/2023 01:00 AM ET
▼ -1.01 (-3.14%)

This chart shows the closing price for NXT by one month, three months, or twelve months.

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Analyst Price Target for NXT

Analyst Price Target is $40.08
▲ +28.47% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Nextracker in the last 3 months. The average price target is $40.08, with a high forecast of $45.00 and a low forecast of $36.00. The average price target represents a 28.47% upside from the last price of $31.20.

This chart shows the closing price for NXT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 14 polled investment analysts is to buy stock in Nextracker.

Past Monthly Recommendations

Move your mouse over past months for details

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/1/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/30/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/30/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/26/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/25/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/23/2023
  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2023

Latest Recommendations

  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/22/2023Craig HallumInitiated CoverageBuy$41.00Low
3/6/2023BNP ParibasInitiated CoverageOutperformLow
3/6/2023Roth MkmInitiated CoverageBuy$45.00Low
3/6/2023Roth CapitalReiterated RatingBuy$45.00Low
3/6/2023Bank of AmericaInitiated CoverageNeutral$36.00Low
3/6/2023Truist FinancialInitiated CoverageBuy$40.00Low
3/6/2023ScotiabankInitiated CoverageSector Outperform$38.00Low
3/6/2023Credit Suisse GroupInitiated CoverageOutperform$36.00Low
3/6/2023MizuhoInitiated CoverageBuy$40.00Low
3/6/2023CitigroupInitiated CoverageNeutral$36.00Low
3/6/2023JPMorgan Chase & Co.Initiated CoverageOverweight$42.00Low
3/6/2023KeyCorpInitiated CoverageSector Weight ➝ Sector WeightLow
3/6/2023BarclaysInitiated CoverageOverweight$42.00Low
3/3/2023Cantor FitzgeraldInitiated CoverageOverweight$40.00Low
(Data available from 3/26/2018 forward)

News Sentiment Rating

0.36 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/28/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/27/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/26/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/26/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/25/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/24/2023
  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/26/2023

Current Sentiment

  • 1 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Nextracker logo
Nextracker Inc. is a provider of intelligent, integrated solar tracker and software solutions used in utility-scale and distributed generation solar power plants. Nextracker Inc. is based in SAN JOSE, Calif.
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Today's Range

Now: $31.20
Low: $30.66
High: $32.43

50 Day Range

MA: N/A

52 Week Range

Now: $31.20
Low: $28.24
High: $35.10

Volume

898,221 shs

Average Volume

1,635,223 shs

Market Capitalization

$1.43 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Nextracker?

The following Wall Street research analysts have issued research reports on Nextracker in the last year: Bank of America Co., Barclays PLC, BNP Paribas, Cantor Fitzgerald, Citigroup Inc., Craig Hallum, Credit Suisse Group AG, JPMorgan Chase & Co., KeyCorp, Mizuho, Roth Capital, Roth Mkm, Scotiabank, and Truist Financial Co..
View the latest analyst ratings for NXT.

What is the current price target for Nextracker?

12 Wall Street analysts have set twelve-month price targets for Nextracker in the last year. Their average twelve-month price target is $40.08, suggesting a possible upside of 28.5%. Roth Capital has the highest price target set, predicting NXT will reach $45.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $36.00 for Nextracker in the next year.
View the latest price targets for NXT.

What is the current consensus analyst rating for Nextracker?

Nextracker currently has 3 hold ratings and 11 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NXT will outperform the market and that investors should add to their positions of Nextracker.
View the latest ratings for NXT.

What other companies compete with Nextracker?

Other companies that are similar to Nextracker include Archrock, World Fuel Services, Delek US, Vista Energy and Calumet Specialty Products Partners. Learn More about companies similar to Nextracker.

How do I contact Nextracker's investor relations team?

The company's listed phone number is 510-270-2500 and its investor relations email address is [email protected] The official website for Nextracker is www.nextracker.com. Learn More about contacing Nextracker investor relations.