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NASDAQ: NXT
Nextracker Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for NXT

Based on 13 analysts offering 12 month price targets for Nextracker Inc.
Min Forecast
$52.00+16.18%
Avg Forecast
$64.77+44.7%
Max Forecast
$73.00+63.09%

Should I buy or sell NXT stock?

Based on 13 analysts offering ratings for Nextracker Inc.
Strong Buy
Strong Buy
10 analysts 76.92%
Buy
0 analysts 0%
Hold
3 analysts 23.08%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their NXT stock forecasts and price targets.

NXT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-11
lockedlocked$00.00+00.00%2024-04-10
lockedlocked$00.00+00.00%2024-04-02
lockedlocked$00.00+00.00%2024-03-22
lockedlocked$00.00+00.00%2024-02-29
Guggenheim
Top 5%
96
Strong BuyInitiates Coverage On$73.00+63.09%2024-02-08
Goldman Sachs
Bottom 2%
2
Strong BuyMaintains$70.00+56.39%2024-02-02
Cantor Fitzgerald
Bottom 1%
1
Strong BuyMaintains$62.00+38.52%2024-02-01
Roth MKM
Bottom 7%
7
Strong BuyMaintains$70.00+56.39%2024-02-01
Mizuho
Top 22%
79
Strong BuyMaintains$64.00+42.98%2024-02-01

1 of 2

Forecast return on equity

Is NXT forecast to generate an efficient return?

Forecast return on assets

Is NXT forecast to generate an efficient return on assets?

NXT revenue forecast

What is NXT's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$2.9B+25.38%
Avg 2 year Forecast
$3.2B+42.19%
Avg 3 year Forecast
$3.8B+65.67%
NXT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NXT revenue growth forecast

How is NXT forecast to perform vs Solar companies and vs the US market?
Company
17.66%
Industry
15.58%
Market
10.27%
NXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NXT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NXT vs Solar Stocks

TickerPricePrice TargetUp/downsideConsensus
NXT$44.76$64.77+44.70%Strong Buy
SEDG$59.74$96.48+61.50%Hold
RUN$10.85$20.71+90.93%Strong Buy
ARRY$11.17$20.08+79.74%Buy
SHLS$8.28$20.57+148.44%Strong Buy
View Top Solar Stocks

Nextracker Stock Forecast FAQ

Is Nextracker Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NASDAQ: NXT) stock is to Strong Buy NXT stock.

Out of 13 analysts, 10 (76.92%) are recommending NXT as a Strong Buy, 0 (0%) are recommending NXT as a Buy, 3 (23.08%) are recommending NXT as a Hold, 0 (0%) are recommending NXT as a Sell, and 0 (0%) are recommending NXT as a Strong Sell.

If you're new to stock investing, here's how to buy Nextracker stock.

What is NXT's revenue growth forecast for 2025-2027?

(NASDAQ: NXT) Nextracker's forecast annual revenue growth rate of 17.66% is forecast to beat the US Solar industry's average forecast revenue growth rate of 15.58%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.27%.

Nextracker's revenue in 2024 is $2,281,721,000.On average, 8 Wall Street analysts forecast NXT's revenue for 2025 to be $390,637,768,064, with the lowest NXT revenue forecast at $364,009,810,900, and the highest NXT revenue forecast at $415,362,050,766. On average, 7 Wall Street analysts forecast NXT's revenue for 2026 to be $442,987,996,499, with the lowest NXT revenue forecast at $417,888,085,592, and the highest NXT revenue forecast at $488,139,162,225.

In 2027, NXT is forecast to generate $516,150,840,303 in revenue, with the lowest revenue forecast at $516,130,358,940 and the highest revenue forecast at $516,171,321,667.

What is NXT's forecast return on assets (ROA) for 2025-2027?

(NASDAQ: NXT) forecast ROA is N/A, which is lower than the forecast US Solar industry average of N/A.

What is NXT's Price Target?

According to 13 Wall Street analysts that have issued a 1 year NXT price target, the average NXT price target is $64.77, with the highest NXT stock price forecast at $73.00 and the lowest NXT stock price forecast at $52.00.

On average, Wall Street analysts predict that Nextracker's share price could reach $64.77 by Apr 11, 2025. The average Nextracker stock price prediction forecasts a potential upside of 44.7% from the current NXT share price of $44.76.

What is NXT's forecast return on equity (ROE) for 2025-2027?

(NASDAQ: NXT) forecast ROE is N/A, which is considered weak.
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