$46.75
0.77[1.67%]
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NEXTracker
(NASDAQ:NXT)NEXTracker Stock (NASDAQ:NXT), Analyst Ratings, Price Targets, Predictions
NEXTracker Inc has a consensus price target of $52.24, established from looking at the 60 latest analyst ratings. The last 3 analyst ratings were released from Truist Securities, Roth MKM, and BMO Capital on May 15, 2024. With an average price target of $65.33 between Truist Securities, Roth MKM, and BMO Capital, there's an implied 47.88% upside for NEXTracker Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Truist Securities
Roth MKM
BMO Capital
Wells Fargo
Scotiabank
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for NEXTracker
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 05/15/2024 | Buy Now | 58.44% | Truist Securities | Jordan Levy | → $70 | Maintains | Buy | Get Alert |
| 05/15/2024 | Buy Now | 58.44% | Roth MKM | Philip Shen | $70 → $70 | Reiterates | Buy → Buy | Get Alert |
| 05/15/2024 | Buy Now | 26.75% | BMO Capital | Ameet Thakkar | $62 → $56 | Maintains | Market Perform | Get Alert |
| 05/15/2024 | Buy Now | 44.86% | Wells Fargo | Praneeth Satish | $68 → $64 | Maintains | Overweight | Get Alert |
| 04/29/2024 | Buy Now | 13.17% | Scotiabank | Tristan Richardson | $55 → $50 | Maintains | Sector Outperform | Get Alert |
| 04/23/2024 | Buy Now | 35.81% | Guggenheim | Joseph Osha | $73 → $60 | Maintains | Buy | Get Alert |
| 04/19/2024 | Buy Now | 33.54% | Mizuho | Anthony Crowdell | $64 → $59 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 44.86% | Piper Sandler | Kashy Harrison | $66 → $64 | Maintains | Overweight | Get Alert |
| 04/10/2024 | Buy Now | 35.81% | B of A Securities | Dimple Gosa | $53 → $60 | Maintains | Buy | Get Alert |
| 04/02/2024 | Buy Now | 42.6% | Barclays | Christine Cho | $55 → $63 | Downgrade | Overweight → Equal-Weight | Get Alert |
| 03/22/2024 | Buy Now | 56.18% | BMO Capital | Ameet Thakkar | → $69 | Initiates | → Market Perform | Get Alert |
| 03/11/2024 | Buy Now | 49.39% | Piper Sandler | Kashy Harrison | $63 → $66 | Maintains | Overweight | Get Alert |
| 02/29/2024 | Buy Now | 51.65% | JP Morgan | Mark Strouse | $73 → $67 | Maintains | Overweight | Get Alert |
| 02/08/2024 | Buy Now | 65.23% | Guggenheim | Joseph Osha | → $73 | Initiates | → Buy | Get Alert |
| 02/02/2024 | Buy Now | 58.44% | Goldman Sachs | Brian Lee | $62 → $70 | Maintains | Buy | Get Alert |
| 02/01/2024 | Buy Now | 42.6% | Piper Sandler | Kashy Harrison | $60 → $63 | Maintains | Overweight | Get Alert |
| 02/01/2024 | Buy Now | 44.86% | Mizuho | Anthony Crowdell | $56 → $64 | Maintains | Buy | Get Alert |
| 02/01/2024 | Buy Now | 40.33% | Cantor Fitzgerald | Derek Soderberg | $52 → $62 | Maintains | Overweight | Get Alert |
| 02/01/2024 | Buy Now | 58.44% | Roth MKM | Philip Shen | $60 → $70 | Maintains | Buy | Get Alert |
| 02/01/2024 | Buy Now | 65.23% | JP Morgan | Mark Strouse | $61 → $73 | Maintains | Overweight | Get Alert |
| 02/01/2024 | Buy Now | 58.44% | Goldman Sachs | Brian Lee | $62 → $70 | Maintains | Buy | Get Alert |
| 02/01/2024 | Buy Now | 53.92% | Wells Fargo | Praneeth Satish | $57 → $68 | Maintains | Overweight | Get Alert |
| 01/31/2024 | Buy Now | 17.7% | Citigroup | Ryan Levine | $45 → $52 | Maintains | Neutral | Get Alert |
| 01/23/2024 | Buy Now | 35.81% | Truist Securities | Jordan Levy | $52 → $60 | Maintains | Buy | Get Alert |
| 01/22/2024 | Buy Now | 15.44% | Barclays | Christine Cho | $50 → $51 | Maintains | Overweight | Get Alert |
| 01/16/2024 | Buy Now | 40.33% | Goldman Sachs | Brian Lee | → $62 | Initiates | → Buy | Get Alert |
| 01/08/2024 | Buy Now | 29.02% | Wells Fargo | Praneeth Satish | → $57 | Upgrade | Equal-Weight → Overweight | Get Alert |
| 01/03/2024 | Buy Now | 26.75% | Mizuho | Anthony Crowdell | $50 → $56 | Maintains | Buy | Get Alert |
| 12/19/2023 | Buy Now | 35.81% | Piper Sandler | Kashy Harrison | → $60 | Initiates | → Overweight | Get Alert |
| 10/27/2023 | Buy Now | 17.7% | Truist Securities | Jordan Levy | $50 → $52 | Maintains | Buy | Get Alert |
| 10/26/2023 | Buy Now | 17.7% | Cantor Fitzgerald | Derek Soderberg | → $52 | Reiterates | Overweight → Overweight | Get Alert |
| 10/19/2023 | Buy Now | 17.7% | JP Morgan | Mark Strouse | $55 → $52 | Maintains | Overweight | Get Alert |
| 10/16/2023 | Buy Now | -2.67% | Janney Montgomery Scott | Sean Milligan | → $43 | Initiates | → Buy | Get Alert |
| 10/02/2023 | Buy Now | 13.17% | UBS | Jon Windham | → $50 | Initiates | → Buy | Get Alert |
| 09/28/2023 | Buy Now | 13.17% | Barclays | Christine Cho | $52 → $50 | Maintains | Overweight | Get Alert |
| 09/22/2023 | Buy Now | 17.7% | Wolfe Research | Steve Fleishman | → $52 | Initiates | → Outperform | Get Alert |
| 09/18/2023 | Buy Now | -0.41% | Wells Fargo | Praneeth Satish | → $44 | Initiates | → Equal-Weight | Get Alert |
| 07/28/2023 | Buy Now | 17.7% | Barclays | Christine Cho | $42 → $52 | Maintains | Overweight | Get Alert |
| 07/27/2023 | Buy Now | 13.17% | Craig-Hallum | Christian Schwab | $43 → $50 | Maintains | Buy | Get Alert |
| 07/27/2023 | Buy Now | 24.49% | JP Morgan | Mark Strouse | $50 → $55 | Maintains | Overweight | Get Alert |
| 07/25/2023 | Buy Now | 13.17% | Truist Securities | Jordan Levy | $44 → $50 | Maintains | Buy | Get Alert |
| 07/19/2023 | Buy Now | -4.93% | Citigroup | Ryan Levine | → $42 | Assumes | → Neutral | Get Alert |
| 06/14/2023 | Buy Now | 1.86% | Mizuho | Anthony Crowdell | $40 → $45 | Maintains | Buy | Get Alert |
| 05/16/2023 | Buy Now | 1.86% | Exane BNP Paribas | Thomas Martin | → $45 | Upgrade | Neutral → Outperform | Get Alert |
| 05/12/2023 | Buy Now | -4.93% | B of A Securities | Julien Dumoulin-Smith | $40 → $42 | Maintains | Buy | Get Alert |
| 05/11/2023 | Buy Now | -0.41% | Cantor Fitzgerald | Andres Sheppard | $40 → $44 | Maintains | Overweight | Get Alert |
| 05/11/2023 | Buy Now | -0.41% | Truist Securities | Jordan Levy | $40 → $44 | Maintains | Buy | Get Alert |
| 05/01/2023 | Buy Now | -27.57% | Northland Capital Markets | Donovan Schafer | → $32 | Initiates | → Market Perform | Get Alert |
| 03/29/2023 | Buy Now | -9.46% | B of A Securities | Julien Dumoulin-Smith | $36 → $40 | Upgrade | Neutral → Buy | Get Alert |
| 03/22/2023 | Buy Now | -7.2% | Craig-Hallum | Christian Schwab | → $41 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | -18.52% | B of A Securities | Julien Dumoulin-Smith | → $36 | Initiates | → Neutral | Get Alert |
| 03/06/2023 | Buy Now | -18.52% | Credit Suisse | Maheep Mandloi | → $36 | Initiates | → Outperform | Get Alert |
| 03/06/2023 | Buy Now | -9.46% | Truist Securities | Jordan Levy | → $40 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | 1.86% | Roth Capital | Philip Shen | → $45 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | — | Scotiabank | Tristan Richardson | — | Initiates | → Sector Outperform | Get Alert |
| 03/06/2023 | Buy Now | -9.46% | Mizuho | Anthony Crowdell | → $40 | Initiates | → Buy | Get Alert |
| 03/06/2023 | Buy Now | -18.52% | Citigroup | Ryan Levine | → $36 | Initiates | → Neutral | Get Alert |
| 03/06/2023 | Buy Now | -4.93% | JP Morgan | Mark Strouse | → $42 | Initiates | → Overweight | Get Alert |
| 03/06/2023 | Buy Now | -4.93% | Barclays | Christine Cho | → $42 | Initiates | → Overweight | Get Alert |
| 03/06/2023 | Buy Now | — | Keybanc | Sophie Karp | — | Initiates | → Sector Weight | Get Alert |
FAQ
What is the target price for NEXTracker (NXT)?
The latest price target for NEXTracker (NASDAQ: NXT) was reported by Truist Securities on May 15, 2024. The analyst firm set a price target for $70.00 expecting NXT to rise to within 12 months (a possible 49.73% upside). 43 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for NEXTracker (NXT)?
The latest analyst rating for NEXTracker (NASDAQ: NXT) was provided by Truist Securities, and NEXTracker maintained their buy rating.
When was the last upgrade for NEXTracker (NXT)?
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.
When was the last downgrade for NEXTracker (NXT)?
The last downgrade for NEXTracker Inc happened on April 2, 2024 when Barclays changed their price target from $55 to $63 for NEXTracker Inc.
When is the next analyst rating going to be posted or updated for NEXTracker (NXT)?
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 May 15, 2024 so you should expect the next rating to be made available sometime around May 15, 2025.
Is the Analyst Rating NEXTracker (NXT) correct?
While ratings are subjective and will change, the latest NEXTracker (NXT) rating was a maintained with a price target of $0.00 to $70.00. The current price NEXTracker (NXT) is trading at is $46.75, which is within the analyst’s predicted range.
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