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NextSource Materials (NEXT) Stock Forecast & Price Target

NextSource Materials logo
C$0.55 -0.03 (-5.17%)
(As of 12/3/2024 ET)

NextSource Materials - 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

Sell
0
Hold
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for NextSource Materials in the last 12 months, the stock has a consensus rating of "Buy." Out of the 1 analysts, 1 has given a buy rating for NEXT.

Consensus Price Target

C$1.00
81.82% Upside
According to the 1 analysts' twelve-month price targets for NextSource Materials, the average price target is C$1.00. The highest price target for NEXT is C$1.00, while the lowest price target for NEXT is C$1.00. The average price target represents a forecasted upside of 81.82% from the current price of C$0.55.
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NEXT Analyst Ratings Over Time

TypeCurrent Forecast
12/5/23 to 12/4/24
1 Month Ago
11/5/23 to 11/4/24
3 Months Ago
9/6/23 to 9/5/24
1 Year Ago
12/5/22 to 12/5/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$1.00C$1.00C$1.00C$4.00
Forecasted Upside81.82% Upside66.67% Upside40.85% Upside270.37% Upside
Consensus Rating
Buy
Buy
Buy
Buy

NEXT 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.
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NEXT 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.
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NextSource Materials Stock vs. The Competition

TypeNextSource MaterialsBasic Materials Companies
Consensus Rating Score
3.00
2.76
Consensus RatingBuyModerate Buy
News Sentiment Rating
Positive News

See Recent NEXT News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024BMO Capital Markets
4 of 5 stars
 Set TargetOutperformC$1.00+42.86%
6/15/2023Eight Capital
5 of 5 stars
 Set TargetBuyC$4.00+107.25%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:03 AM ET.


NEXT Forecast - Frequently Asked Questions

According to the research reports of 1 Wall Street equities research analysts, the average twelve-month stock price forecast for NextSource Materials is C$1.00, with a high forecast of C$1.00 and a low forecast of C$1.00.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NextSource Materials in the last twelve months. There is currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" NEXT shares.

According to analysts, NextSource Materials's stock has a predicted upside of 81.82% based on their 12-month stock forecasts.

Analysts like NextSource Materials more than other "basic materials" companies. The consensus rating for NextSource Materials is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how NEXT compares to other companies.


This page (TSE:NEXT) was last updated on 12/4/2024 by MarketBeat.com Staff
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