Nextracker Inc. (NXT)

Nextracker Stock Forecast

Stock Price Forecast

The 20 analysts that cover Nextracker stock have a consensus rating of "Buy" and an average price target of $60.75, which forecasts a -3.46% decrease in the stock price over the next year. The lowest target is $41 and the highest is $76.

Price Target: $60.75 (-3.46%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$41	$60.75	$64	$76
Change	-34.85%	-3.46%	+1.70%	+20.77%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	7	7	7	6	6	6
Buy	10	11	11	11	11	10
Hold	3	3	3	3	3	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	20	21	21	20	20	20

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Anthony Crowdell Mizuho	Mizuho	Buy → Hold Downgrades $67 → $65	Buy → Hold	Downgrades	$67 → $65	+3.29%	Jul 14, 2025
Ben Kallo Baird	Baird	Buy Maintains $67 → $76	Buy	Maintains	$67 → $76	+20.77%	Jul 8, 2025
Anthony Crowdell Mizuho	Mizuho	Buy Maintains $60 → $67	Buy	Maintains	$60 → $67	+6.47%	Jun 2, 2025
Praneeth Satish Wells Fargo	Wells Fargo	Buy Maintains $69 → $71	Buy	Maintains	$69 → $71	+12.82%	May 19, 2025
Christine Cho Barclays	Barclays	Buy Maintains $58 → $64	Buy	Maintains	$58 → $64	+1.70%	May 16, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.36B

Increased by 13.51%

from 2.96B

Revenue Next Year

3.72B

Increased by 10.60%

from 3.36B

EPS This Year

3.95

Increased by 13.91%

from 3.47

EPS Next Year

4.39

Increased by 11.17%

from 3.95

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	3.36B	3.72B	4.12B
Revenue Growth	2.08%	21.91%	30.50%	31.42%	18.38%	13.51%	10.60%	10.79%
EPS	-	-	0.02	3.37	3.47	3.95	4.39	4.77
EPS Growth	-	-	-	13,591.61%	2.85%	13.91%	11.17%	8.62%
Forward PE	-	-	-	-	-	15.94	14.34	13.20
No. Analysts	-	-	-	-	-	28	24	11

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	3.6B	4.5B	4.9B
Avg	3.4B	3.7B	4.1B
Low	3.1B	3.2B	3.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	21.8%	34.2%	30.6%
Avg	13.5%	10.6%	10.8%
Low	6.1%	-4.9%	-1.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	4.53	5.44	6.18
Avg	3.95	4.39	4.77
Low	3.54	3.68	3.59

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	30.7%	37.8%	40.9%
Avg	13.9%	11.2%	8.6%
Low	2.1%	-6.8%	-18.3%

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.