Nextracker Inc. (NXT)

Nextracker Stock Forecast

Stock Price Forecast

According to 20 professional analysts, the 12-month price target for Nextracker stock ranges from a low of $41 to a high of $71. The average analyst price target of $59.45 forecasts a 0.90% increase in the stock price over the next year.

Price Target: $59.45 (+0.90%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$41	$59.45	$62	$71
Change	-30.41%	+0.90%	+5.23%	+20.50%

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	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	8	8	8	8	6	6
Buy	9	9	10	10	10	11
Hold	3	3	3	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	20	21	21	19	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anthony Crowdell Mizuho	Mizuho	Buy Maintains $60 → $67	Buy	Maintains	$60 → $67	+13.71%	Jun 2, 2025
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $69 → $71	Buy	Maintains	$69 → $71	+20.50%	May 19, 2025
Christine Cho Barclays	Barclays	Buy Maintains $58 → $64	Buy	Maintains	$58 → $64	+8.62%	May 16, 2025
Philip Shen Roth Capital	Roth Capital	Strong Buy Reiterates $55 → $70	Strong Buy	Reiterates	$55 → $70	+18.81%	May 15, 2025
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $61 → $68	Strong Buy	Maintains	$61 → $68	+15.41%	May 15, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.25B

Increased by 9.86%

from 2.96B

Revenue Next Year

3.55B

Increased by 9.14%

from 3.25B

EPS This Year

3.94

Increased by 13.71%

from 3.47

EPS Next Year

4.27

Increased by 8.45%

from 3.94

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	1.20B	1.46B	1.90B	2.50B	2.96B	3.25B	3.55B	3.86B
Revenue Growth	2.08%	21.91%	30.50%	31.42%	18.38%	9.86%	9.14%	8.71%
EPS	-	-	0.02	3.37	3.47	3.94	4.27	4.69
EPS Growth	-	-	-	13,591.61%	2.85%	13.71%	8.45%	9.85%
Forward PE	-	-	-	-	-	14.95	13.79	12.55
No. Analysts	-	-	-	-	-	29	24	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	3.6B	4.1B	4.4B
Avg	3.3B	3.5B	3.9B
Low	3.0B	3.0B	3.6B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	21.8%	25.3%	24.9%
Avg	9.9%	9.1%	8.7%
Low	0.3%	-8.1%	0.6%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	4.60	5.44	6.18
Avg	3.94	4.27	4.69
Low	3.38	3.52	3.59

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	32.7%	38.0%	44.7%
Avg	13.7%	8.5%	9.8%
Low	-2.5%	-10.7%	-16.1%

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.