Nextracker Inc. (NXT)
NASDAQ: NXT · Real-Time Price · USD
50.63
+4.09 (8.79%)
At close: May 12, 2025, 4:00 PM
50.42
-0.21 (-0.41%)
After-hours: May 12, 2025, 6:54 PM EDT

Nextracker Stock Forecast

Stock Price Forecast

The 19 analysts with 12-month price forecasts for Nextracker stock have an average target of 55.53, with a low estimate of 41 and a high estimate of 69. The average target predicts an increase of 9.68% from the current stock price of 50.63.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $41 $55.53 $55 $69
Change -19.02% +9.68% +8.63% +36.28%

Analyst Ratings

The average analyst rating for Nextracker stock from 19 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Dec '24Jan '25Feb '25Mar '25Apr '25May '25
Strong Buy 688887
Buy 89910109
Hold 533333
Sell 000000
Strong Sell 000000
Total 192020212119

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Truist Securities
Truist Securities
Strong Buy
Maintains
$56$52
Strong Buy Maintains $56$52 +2.71% Apr 17, 2025
Baird
Baird
Buy
Maintains
$59$48
Buy Maintains $59$48 -5.19% Apr 15, 2025
Barclays
Barclays
Buy
Maintains
$60$58
Buy Maintains $60$58 +14.56% Apr 10, 2025
RBC Capital
RBC Capital
Buy
Initiates
$55
Buy Initiates $55 +8.63% Mar 17, 2025
Jefferies
Jefferies
Strong Buy
Upgrades
$46$56
Strong Buy Upgrades $46$56 +10.61% Jan 29, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
2.90B
from 2.50B
Increased by 15.93%
Revenue Next Year
3.21B
from 2.90B
Increased by 10.87%
EPS This Year
3.90
from 3.37
Increased by 15.63%
EPS Next Year
3.91
from 3.90
Increased by 0.29%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Mar 31, 2020 Mar 31, 2021 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Mar 31, 2025 Mar 31, 2026 Mar 31, 2027
Revenue
1.17B1.20B1.46B1.90B2.50B2.90B3.21B3.46B
Revenue Growth
77.27%2.08%21.91%30.50%31.42%15.93%10.87%7.66%
EPS
---0.023.373.903.914.12
EPS Growth
----13,591.61%15.63%0.29%5.53%
Forward PE
-----13.0012.9612.28
No. Analysts
-----292921
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027202820292030
High 3.1B 3.6B 4.1B
Avg 2.9B 3.2B 3.5B
Low 2.8B 3.0B 3.0B

Revenue Growth

Revenue Growth 202520262027202820292030
High
23.2%
24.4%
26.7%
Avg
15.9%
10.9%
7.7%
Low
10.8%
2.7%
-7.0%

EPS Forecast

EPS 202520262027202820292030
High 4.39 4.60 4.89
Avg 3.90 3.91 4.12
Low 3.20 3.09 3.27

EPS Growth

EPS Growth 202520262027202820292030
High
30.3%
18.1%
25.2%
Avg
15.6%
0.3%
5.5%
Low
-4.9%
-20.8%
-16.2%
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.