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NEXTracker Inc has a consensus price target of $52.03 based on the ratings of 30 analysts. The high is $69 issued by Wells Fargo on January 8, 2025. The low is $32 issued by Northland Capital Markets on May 1, 2023. The 3 most-recent analyst ratings were released by Jefferies, BMO Capital, and Goldman Sachs on January 29, 2025, respectively. With an average price target of $55.67 between Jefferies, BMO Capital, and Goldman Sachs, there's an implied 10.67% upside for NEXTracker Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for NEXTracker (NASDAQ:NXT) was reported by Jefferies on January 29, 2025. The analyst firm set a price target for $56.00 expecting NXT to rise to within 12 months (a possible 11.33% upside). 51 analyst firms have reported ratings in the last year.
The latest analyst rating for NEXTracker (NASDAQ:NXT) was provided by Jefferies, and NEXTracker upgraded their buy rating.
The last upgrade for NEXTracker Inc happened on January 29, 2025 when Jefferies raised their price target to $56. Jefferies previously had a hold for NEXTracker Inc.
The last downgrade for NEXTracker Inc happened on April 2, 2024 when Barclays changed their price target from $55 to $63 for NEXTracker Inc.
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 January 29, 2025 so you should expect the next rating to be made available sometime around January 29, 2026.
While ratings are subjective and will change, the latest NEXTracker (NXT) rating was a upgraded with a price target of $46.00 to $56.00. The current price NEXTracker (NXT) is trading at is $50.30, which is within the analyst’s predicted range.
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