Nextracker (NXT) Stock Forecast & Price Target

$47.22 -1.20 (-2.48%)

As of 11:04 AM Eastern

Nextracker - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 24 Analyst Ratings

Sell
0

Hold
3

Buy
21

Based on 24 Wall Street analysts who have issued ratings for Nextracker in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 24 analysts, 3 have given a hold rating, 19 have given a buy rating, and 2 have given a strong buy rating for NXT.

Consensus Price Target

$56.50
19.65% Upside

According to the 24 analysts' twelve-month price targets for Nextracker, the average price target is $56.50. The highest price target for NXT is $69.00, while the lowest price target for NXT is $41.00. The average price target represents a forecasted upside of 19.65% from the current price of $47.22.

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NXT Analyst Ratings Over Time

Type	Current Forecast 2/22/24 to 2/21/25	1 Month Ago 1/23/24 to 1/22/25	3 Months Ago 11/24/23 to 11/23/24	1 Year Ago 2/22/23 to 2/22/24
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	19 Buy rating(s)	16 Buy rating(s)	16 Buy rating(s)	22 Buy rating(s)
Hold	3 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$56.50	$53.10	$54.30	$53.78
Forecasted Upside	19.65% Upside	28.87% Upside	39.77% Upside	-6.43% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

NXT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NXT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Nextracker Stock vs. The Competition

Type	Nextracker	Oils/Energy Companies	S&P 500
Consensus Rating Score	2.96	2.62	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	16.69% Upside	2,193.63% Upside	12.82% Upside
News Sentiment Rating	Neutral News See Recent NXT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/29/2025	BNP Paribas 3 of 5 stars	M. Sutton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
1/29/2025	BMO Capital Markets 4 of 5 stars	Ameet Thakkar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform ➝ Market Perform	$48.00 ➝ $50.00	+6.27%
1/29/2025	The Goldman Sachs Group 2 of 5 stars	Brian Lee Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$54.00 ➝ $61.00	+26.29%
1/29/2025	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating	Joseph Osha Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$50.00 ➝ $62.00	+27.02%
1/29/2025	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Biju Perincheril Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Positive ➝ Positive	$50.00 ➝ $54.00	+10.47%
1/29/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jon Windham Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$60.00 ➝ $66.00	+33.90%
1/29/2025	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kashy Harrison Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$47.00 ➝ $50.00	+4.40%
1/29/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mark Strouse Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$58.00 ➝ $61.00	+53.96%
1/29/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jordan Levy Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$54.00 ➝ $56.00	+41.34%
1/29/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Julien Dumoulin-Smith Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$46.00 ➝ $56.00	+41.34%
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1/29/2025	Northland Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Gus Richard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform ➝ Outperform	$48.00 ➝ $55.00	+38.82%
1/29/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Christine Cho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$47.00 ➝ $60.00	+51.44%
1/8/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$70.00 ➝ $69.00	+64.25%
1/8/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$50.00 ➝ $45.00	+2.46%
12/19/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Osborne Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold	$41.00	+17.18%
11/19/2024	Northland Capmk Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Richard Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
11/7/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$65.00 ➝ $52.00	+24.91%
10/31/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$71.00 ➝ $53.00	+65.78%
8/2/2024	Roth Mkm Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$70.00 ➝ $65.00	+58.77%
8/2/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$55.00 ➝ $55.00	+30.05%
5/15/2024	Fox Advisors Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$60.00	+39.50%
4/29/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$55.00 ➝ $50.00	+12.61%
4/19/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$64.00 ➝ $59.00	+32.70%
4/1/2024	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$63.00	+11.96%
10/16/2023	Janney Montgomery Scott Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$43.00	+22.47%
9/22/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$52.00	+26.52%
7/27/2023	Craig Hallum Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$43.00 ➝ $50.00	+12.76%
7/14/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$46.00	+17.89%
4/11/2023	Johnson Rice Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$39.00	+14.71%
3/6/2023	Roth Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Shen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$45.00	+34.93%
3/6/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$36.00	+7.95%
3/6/2023	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Sector Weight ➝ Sector Weight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 11:04 AM ET.

NXT Forecast - Frequently Asked Questions

: According to the research reports of 24 Wall Street equities research analysts, the average twelve-month stock price forecast for Nextracker is $56.50, with a high forecast of $69.00 and a low forecast of $41.00.
: 24 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nextracker in the last twelve months. There are currently 3 hold ratings, 19 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NXT shares.
: According to analysts, Nextracker's stock has a predicted upside of 19.65% based on their 12-month stock forecasts.
: Over the previous 90 days, Nextracker's stock had 3 upgrades by analysts.
: Nextracker has been rated by research analysts at Barclays, BMO Capital Markets, BNP Paribas, Citigroup, Guggenheim, Jefferies Financial Group, JPMorgan Chase & Co., Northland Securities, Piper Sandler, Susquehanna, TD Cowen, The Goldman Sachs Group, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Nextracker more than other "oils/energy" companies. The consensus rating score for Nextracker is 2.96 while the average consensus rating score for "oils/energy" companies is 2.62. Learn more on how NXT compares to other companies.

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This page (NASDAQ:NXT) was last updated on 2/21/2025 by MarketBeat.com Staff

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Nextracker (NXT) Stock Forecast & Price Target