Nextracker Inc. (NXT)
NASDAQ: NXT · Real-Time Price · USD
61.59
+6.55 (11.90%)
At close: May 15, 2025, 4:00 PM
60.00
-1.59 (-2.58%)
After-hours: May 15, 2025, 7:54 PM EDT

Nextracker Stock Forecast

Stock Price Forecast

According to 19 professional analysts, the 12-month price target for Nextracker stock ranges from a low of $41 to a high of $70. The average analyst price target of $58.63 forecasts a -4.81% decrease in the stock price over the next year.

Price Target: $58.63 (-4.81%)
Analyst Consensus: Buy
Target Low Average Median High
Price $41 $58.63 $59 $70
Change -33.43% -4.81% -4.21% +13.65%

Analyst Ratings

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

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 688886
Buy 899101010
Hold 533333
Sell 000000
Strong Sell 000000
Total 192020212119

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Roth Capital
Roth Capital
Strong Buy
Reiterates
$55$70
Strong Buy Reiterates $55$70 +13.65% May 15, 2025
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$61$68
Strong Buy Maintains $61$68 +10.41% May 15, 2025
Susquehanna
Susquehanna
Buy
Maintains
$54$66
Buy Maintains $54$66 +7.16% May 15, 2025
Truist Securities
Truist Securities
Buy
Maintains
$49$65
Buy Maintains $49$65 +5.54% May 15, 2025
B of A Securities
B of A Securities
Strong Buy
Maintains
$55$65
Strong Buy Maintains $55$65 +5.54% May 15, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
3.21B
from 2.96B
Increased by 8.58%
Revenue Next Year
3.46B
from 3.21B
Increased by 7.66%
EPS This Year
3.91
from 3.47
Increased by 12.59%
EPS Next Year
4.12
from 3.91
Increased by 5.53%
Fiscal Year FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Period Ending Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027 Mar 31, 2028
Revenue
1.20B1.46B1.90B2.50B2.96B3.21B3.46B3.83B
Revenue Growth
2.08%21.91%30.50%31.42%18.38%8.58%7.66%10.64%
EPS
--0.023.373.473.914.124.53
EPS Growth
---13,591.61%3.00%12.59%5.53%9.94%
Forward PE
-----15.7614.9413.59
No. Analysts
-----29216
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20262027202820292030
High 3.6B 4.1B 4.4B
Avg 3.2B 3.5B 3.8B
Low 3.0B 3.0B 3.6B

Revenue Growth

Revenue Growth 20262027202820292030
High
21.8%
26.7%
28.1%
Avg
8.6%
7.7%
10.6%
Low
0.5%
-7.0%
3.2%

EPS Forecast

EPS 20262027202820292030
High 4.60 4.89 5.22
Avg 3.91 4.12 4.53
Low 3.09 3.27 3.60

EPS Growth

EPS Growth 20262027202820292030
High
32.5%
25.2%
26.6%
Avg
12.6%
5.5%
9.9%
Low
-11.0%
-16.2%
-12.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.