Nextracker Stock Forecast

Stock Price Forecast

The 20 analysts with 12-month price forecasts for Nextracker stock have an average target of 56, with a low estimate of 41 and a high estimate of 69. The average target predicts an increase of 32.04% from the current stock price of 42.41.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$41	$56	$56	$69
Change	-3.32%	+32.04%	+32.04%	+62.70%

* Price targets were last updated on Jan 29, 2025.

Analyst Ratings

The average analyst rating for Nextracker stock from 20 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	8	6	6	6	8	8
Buy	7	7	8	8	9	9
Hold	4	4	4	5	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	19	17	18	19	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Julien Dumoulin-Smith Jefferies	Jefferies	Hold → Strong Buy Upgrades $46 → $56	Hold → Strong Buy	Upgrades	$46 → $56	+32.04%	Jan 29, 2025
Ameet Thakkar BMO Capital	BMO Capital	Hold Maintains $48 → $50	Hold	Maintains	$48 → $50	+17.90%	Jan 29, 2025
Brian Lee Goldman Sachs	Goldman Sachs	Strong Buy Maintains $54 → $61	Strong Buy	Maintains	$54 → $61	+43.83%	Jan 29, 2025
Joseph Osha Guggenheim	Guggenheim	Strong Buy Maintains $50 → $62	Strong Buy	Maintains	$50 → $62	+46.19%	Jan 29, 2025
Biju Perincheril Susquehanna	Susquehanna	Buy Maintains $50 → $54	Buy	Maintains	$50 → $54	+27.33%	Jan 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

2.90B

from 2.50B

15.81%

from 2.50B

Revenue Next Year

3.22B

from 2.90B

11.30%

from 2.90B

EPS This Year

3.89

from 3.37

15.34%

from 3.37

EPS Next Year

3.90

from 3.89

0.24%

from 3.89

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	1.17B	1.20B	1.46B	1.90B	2.50B	2.90B	3.22B	3.48B
Revenue Growth	77.27%	2.08%	21.91%	30.50%	31.42%	15.81%	11.30%	7.91%
EPS	-	-	-	0.02	3.37	3.89	3.90	4.05
EPS Growth	-	-	-	-	13,591.61%	15.34%	0.24%	4.08%
Forward PE	-	-	-	-	-	10.91	10.89	10.46
No. Analysts	-	-	-	-	-	29	29	20

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

Revenue Forecast

Revenue	2025	2026	2027
High	3.1B	3.6B	4.1B
Avg	2.9B	3.2B	3.5B
Low	2.8B	3.0B	3.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	22.3%	24.5%	26.4%
Avg	15.8%	11.3%	7.9%
Low	11.0%	4.4%	-4.7%

EPS Forecast

EPS	2025	2026	2027
High	4.19	4.60	4.89
Avg	3.89	3.90	4.05
Low	3.20	3.09	2.97

EPS Growth

EPS Growth	2025	2026	2027
High	24.4%	18.3%	25.6%
Avg	15.3%	0.2%	4.1%
Low	-4.9%	-20.6%	-23.8%

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.