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NEXTracker

NXTNASDAQ
Logo brought to you by Benzinga Data
$36.80
-2.96-7.44%
At close: -
$37.50
0.71.90%
After Hours: Nov 15, 7:23 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$70.00
Lowest Price Target1
$32.00
Consensus Price Target1
$50.78

NEXTracker (NASDAQ:NXT) Stock, Analyst Ratings, Price Targets, Forecasts

NEXTracker Inc has a consensus price target of $50.78 based on the ratings of 28 analysts. The high is $70 issued by Goldman Sachs on February 2, 2024. The low is $32 issued by Northland Capital Markets on May 1, 2023. The 3 most-recent analyst ratings were released by B of A Securities, Truist Securities, and Baird on November 7, 2024, November 1, 2024, and October 31, 2024, respectively. With an average price target of $53 between B of A Securities, Truist Securities, and Baird, there's an implied 41.33% upside for NEXTracker Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
4
Aug
0
0
0
0
Sep
4
2
Oct
2
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B of A Securities
Truist Securities
Baird
Wells Fargo
JP Morgan

1calculated from analyst ratings

Analyst Ratings for NEXTracker

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for NEXTracker (NXT) stock?

A

The latest price target for NEXTracker (NASDAQ:NXT) was reported by B of A Securities on November 7, 2024. The analyst firm set a price target for $52.00 expecting NXT to rise to within 12 months (a possible 38.67% upside). 48 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for NEXTracker (NXT)?

A

The latest analyst rating for NEXTracker (NASDAQ:NXT) was provided by B of A Securities, and NEXTracker maintained their buy rating.

Q

When was the last upgrade for NEXTracker (NXT)?

A

The last upgrade for NEXTracker Inc happened on January 8, 2024 when Wells Fargo raised their price target to $57. Wells Fargo previously had an equal-weight for NEXTracker Inc.

Q

When was the last downgrade for NEXTracker (NXT)?

A

The last downgrade for NEXTracker Inc happened on April 2, 2024 when Barclays changed their price target from $55 to $63 for NEXTracker Inc.

Q

When is the next analyst rating going to be posted or updated for NEXTracker (NXT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of NEXTracker, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for NEXTracker was filed on November 7, 2024 so you should expect the next rating to be made available sometime around November 7, 2025.

Q

Is the Analyst Rating NEXTracker (NXT) correct?

A

While ratings are subjective and will change, the latest NEXTracker (NXT) rating was a maintained with a price target of $65.00 to $52.00. The current price NEXTracker (NXT) is trading at is $37.50, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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