NEXT plc (LON:NXT)

NEXT plc Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, NEXT plc stock has a consensus rating of "Buy" and an average price target of 16,229p. The average 1-year stock price forecast is 10.51% higher than the current stock price, while the lowest is 13,900p (-5.35%) and the highest is 18,700p (+27.34%).

Price Target: 16,229p (+10.51%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	13,900p	16,229p	16,000p	18,700p
Change	-5.35%	+10.51%	+8.95%	+27.34%

Analyst Ratings

The average analyst rating for NEXT plc stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	7	7	8	8	8	8
Buy	2	2	2	2	2	2
Hold	10	10	10	10	10	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	19	20	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Monique Pollard Citi	Citi	Buy Upgrades 15,500p → 18,400p	Buy	Upgrades	15,500p → 18,400p	+25.30%	Aug 25, 2026
Richard Chamberlain RBC Capital	RBC Capital	Buy Maintains 16,000p → 17,000p	Buy	Maintains	16,000p → 17,000p	+15.76%	Aug 11, 2026
Grace Smalley Morgan Stanley	Morgan Stanley	Buy Maintains 16,000p → 16,800p	Buy	Maintains	16,000p → 16,800p	+14.40%	Aug 6, 2026
Adam Cochrane Deutsche Bank	Deutsche Bank	Hold Reiterates 14,000p → 16,000p	Hold	Reiterates	14,000p → 16,000p	+8.95%	Aug 6, 2026
Unknown Analyst Shore Capital No rating	Shore Capital	Buy Reiterates 17,500p	Buy	Reiterates	17,500p	+19.17%	Aug 6, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

7.33B

Increased by 6.19%

from 6.90B

Revenue Next Year

7.74B

Increased by 5.66%

from 7.33B

EPS This Year

8.16

Increased by 10.86%

from 7.36

EPS Next Year

8.78

Increased by 7.55%

from 8.16

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 29, 2022	Jan 28, 2023	Jan 27, 2024	Jan 25, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	4.63B	5.03B	5.49B	6.12B	6.90B	7.33B
Revenue Growth	30.88%	8.82%	9.08%	11.42%	12.80%	6.19%
Gross Profit	1.98B	2.21B	2.46B	2.66B	3.05B	3.31B
Gross Margin	42.90%	43.83%	44.74%	43.50%	44.25%	45.18%
Operating Income	881.90M	943.50M	968.70M	1.09B	1.28B	1.34B
Net Income	677.50M	711.70M	802.30M	736.10M	888.50M	934.13M
EPS	-	-	-	-	7.36	8.16
EPS Growth	-	-	-	-	18.24%	10.86%
Forward PE	13.66	12.90	14.28	13.88	17.21	18.00
Dividend / Share	1.27	2.06	2.07	2.33	2.68	2.89
Dividend Growth	-	62.21%	0.49%	12.56%	15.02%	7.98%
Free Cash Flow	381.63M	416.80M	689.06M	694.04M	829.13M	843.40M
No. Analysts	-	-	-	-	-	17

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is GBP.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	7.6B
Avg	7.3B
Low	7.0B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	9.7%
Avg	6.2%
Low	0.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	8.44
Avg	8.16
Low	7.97

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	14.6%
Avg	10.9%
Low	8.3%

Data Sources: S&P Global Market Intelligence and TipRanks Last updated: Aug 25, 2026

Price targets, consensus ratings and financial forecasts are provided by S&P Global Market Intelligence. Individual analyst data is provided by TipRanks. Price targets and consensus ratings update every hour to every three days, while individual analyst data updates in near real-time.

Data Sources Report a data error