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

OverviewForecast
EarningsDividendOwnership

Analyst price target for NXT

Based on 12 analysts offering 12 month price targets for Nextracker Inc.
Min Forecast
$32.00-19.19%
Avg Forecast
$40.75+2.9%
Max Forecast
$45.00+13.64%

Should I buy or sell NXT stock?

Based on 12 analysts offering ratings for Nextracker Inc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
3 analysts 25%
Hold
2 analysts 16.67%
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
Exane BNP Paribas
Bottom 46%
46
BuyUpgrades$45.00+13.64%2023-05-16
Bank of America
Top 9%
92
Strong BuyMaintains$42.00+6.06%2023-05-12Find out why
Cantor Fitzgerald
Bottom 1%
1
Strong BuyMaintains$44.00+11.11%2023-05-11
Truist Securities
Bottom 6%
6
Strong BuyMaintains$44.00+11.11%2023-05-11
Northland Securities
Bottom 16%
16
HoldInitiates Coverage On$32.00-19.19%2023-05-01
Craig-Hallum
Top 7%
94
BuyInitiates Coverage On$41.00+3.54%2023-03-22
Credit Suisse
Bottom 8%
8
BuyInitiates Coverage On$36.00-9.09%2023-03-06
Roth Capital
Bottom 12%
12
Strong BuyInitiates Coverage On$45.00+13.64%2023-03-06
Mizuho
Top 38%
63
Strong BuyInitiates Coverage On$40.00+1.01%2023-03-06
Citigroup
Bottom 12%
12
HoldInitiates Coverage On$36.00-9.09%2023-03-06

1 of 2

NXT vs Defense Stocks

TickerPricePrice TargetUp/downsideConsensus
NXT$39.60$40.75+2.90%Strong Buy
BWXT$64.55$75.00+16.19%Strong Buy
HXL$72.18$71.00-1.63%Hold
WWD$109.03$108.40-0.58%Hold
AJRD$54.70$58.00+6.03%Hold
View Top Defense Stocks

Nextracker Stock Forecast FAQ

Is Nextracker Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: NXT) stock is to Strong Buy NXT stock.

Out of 12 analysts, 7 (58.33%) are recommending NXT as a Strong Buy, 3 (25%) are recommending NXT as a Buy, 2 (16.67%) 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 Price Target?

According to 12 Wall Street analysts that have issued a 1 year NXT price target, the average NXT price target is $40.75, with the highest NXT stock price forecast at $45.00 and the lowest NXT stock price forecast at $32.00.

On average, Wall Street analysts predict that Nextracker's share price could reach $40.75 by May 16, 2024. The average Nextracker stock price prediction forecasts a potential upside of 2.9% from the current NXT share price of $39.60.
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