Nextracker Inc. (NXT)
NASDAQ: NXT · Real-Time Price · USD
36.97
+0.23 (0.63%)
At close: Dec 26, 2024, 4:00 PM
36.81
-0.16 (-0.43%)
After-hours: Dec 26, 2024, 6:30 PM EST
Nextracker Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for Nextracker stock have an average target of 52, with a low estimate of 41 and a high estimate of 65. The average target predicts an increase of 40.65% from the current stock price of 36.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Nextracker stock from 19 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 8 | 6 | 6 | 6 |
| Buy | 7 | 7 | 7 | 7 | 8 | 8 |
| Hold | 3 | 3 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 18 | 19 | 17 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Hold Initiates $41 | Hold | Initiates | $41 | +10.90% | Dec 19, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $63 → $54 | Strong Buy | Maintains | $63 → $54 | +46.06% | Dec 17, 2024 |
| Guggenheim | Guggenheim | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +48.77% | Nov 22, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $60 → $47 | Buy | Maintains | $60 → $47 | +27.13% | Nov 22, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Initiates $48 | Buy | Initiates | $48 | +29.84% | Nov 19, 2024 |
Financial Forecast
Revenue This Year
2.88B
from 2.50B
Increased by 15.25%
Revenue Next Year
3.19B
from 2.88B
Increased by 10.76%
EPS This Year
3.30
from 3.37
Decreased by -2.13%
EPS Next Year
3.41
from 3.30
Increased by 3.39%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.1B | 3.6B | 4.1B | ||
| Avg | 2.9B | 3.2B | 3.5B | ||
| Low | 2.8B | 2.9B | 3.1B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.2% | 25.1% | 27.0% | ||
| Avg | 15.2% | 10.8% | 9.4% | ||
| Low | 10.1% | 0.2% | -2.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 3.82 | 4.36 | 4.35 | ||
| Avg | 3.30 | 3.41 | 3.66 | ||
| Low | 2.70 | 2.82 | 2.71 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.4% | 32.1% | 27.5% | ||
| Avg | -2.1% | 3.4% | 7.5% | ||
| Low | -20.0% | -14.4% | -20.4% |
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.