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Nextracker Analyst Ratings

NXTNASDAQ
Logo brought to you by Benzinga Data
$57.86
At close: May 22 EDT
$55.26
-2.60-4.49%
Pre-Market: 9:03 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$71.00
Lowest Price Target1
$32.00
Consensus Price Target1
$55.31

Nextracker Analyst Ratings and Price Targets | NASDAQ:NXT | Benzinga

Nextracker Inc has a consensus price target of $55.31 based on the ratings of 29 analysts. The high is $71 issued by Wells Fargo on May 19, 2025. The low is $32 issued by Northland Capital Markets on May 1, 2023. The 3 most-recent analyst ratings were released by Wells Fargo, Barclays, and Roth Capital on May 19, 2025, May 16, 2025, and May 15, 2025, respectively. With an average price target of $68.33 between Wells Fargo, Barclays, and Roth Capital, there's an implied 23.66% upside for Nextracker Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Dec 24
10
2
Jan
1
Mar
3
Apr
6
1
May
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Barclays
Roth Capital
Goldman Sachs
Susquehanna

1calculated from analyst ratings

Analyst Ratings for Nextracker

Buy NowGet Alert
05/19/2025Buy Now28.48%Wells Fargo
Praneeth Satish56%
$69 → $71MaintainsOverweightGet Alert
05/16/2025Buy Now15.82%Barclays
Christine Cho53%
$58 → $64MaintainsOverweightGet Alert
05/15/2025Buy Now26.67%Roth Capital
Philip Shen47%
$55 → $70ReiteratesBuy → BuyGet Alert
05/15/2025Buy Now23.05%Goldman Sachs
Brian Lee53%
$61 → $68MaintainsBuyGet Alert
05/15/2025Buy Now19.44%Susquehanna
Biju Perincheril47%
$54 → $66MaintainsPositiveGet Alert
05/15/2025Buy Now17.63%Truist Securities
Jordan Levy40%
$49 → $65MaintainsOverweightGet Alert
05/15/2025Buy Now17.63%B of A Securities
Dimple Gosa57%
$55 → $65MaintainsBuyGet Alert
05/15/2025Buy Now6.77%BMO Capital
Ameet Thakkar45%
$51 → $59MaintainsMarket PerformGet Alert
04/17/2025Buy Now-5.9%Truist Securities
Jordan Levy40%
$56 → $52MaintainsBuyGet Alert
04/15/2025Buy Now-13.14%Baird
Ben Kallo46%
$59 → $48MaintainsOutperformGet Alert
04/10/2025Buy Now4.96%Barclays
Christine Cho53%
$60 → $58MaintainsOverweightGet Alert
03/17/2025Buy Now-0.47%RBC Capital
Christopher Dendrinos81%
→ $55Initiates → OutperformGet Alert
01/29/2025Buy Now1.34%Jefferies
Julien Dumoulin-Smith68%
$46 → $56UpgradeHold → BuyGet Alert
01/29/2025Buy Now-9.52%BMO Capital
Ameet Thakkar45%
$48 → $50MaintainsMarket PerformGet Alert
01/29/2025Buy Now10.39%Goldman Sachs
Brian Lee53%
$54 → $61MaintainsBuyGet Alert
01/29/2025Buy Now12.2%Guggenheim
Joseph Osha79%
$50 → $62MaintainsBuyGet Alert
01/29/2025Buy Now-2.28%Susquehanna
Biju Perincheril47%
$50 → $54MaintainsPositiveGet Alert
01/29/2025Buy Now19.44%UBS
Jon Windham64%
$60 → $66MaintainsBuyGet Alert
01/29/2025Buy Now-9.52%Piper Sandler
Kashy Harrison43%
$47 → $50MaintainsOverweightGet Alert
01/29/2025Buy Now1.34%Truist Securities
Jordan Levy40%
$54 → $56ReiteratesBuy → BuyGet Alert
01/29/2025Buy Now10.39%JP Morgan
Mark Strouse66%
$58 → $61MaintainsOverweightGet Alert
01/29/2025Buy Now-0.47%Northland Capital Markets
Gus Richard61%
$48 → $55ReiteratesOutperform → OutperformGet Alert
01/29/2025Buy Now8.58%Barclays
Christine Cho53%
$47 → $60UpgradeEqual-Weight → OverweightGet Alert
01/08/2025Buy Now24.86%Wells Fargo
Praneeth Satish56%
$70 → $69MaintainsOverweightGet Alert
01/08/2025Buy Now-18.57%Citigroup
Ryan Levine69%
$50 → $45MaintainsNeutralGet Alert
12/19/2024Buy Now-25.81%TD Cowen
Jeff Osborne29%
→ $41Initiates → HoldGet Alert
12/17/2024Buy Now-2.28%Goldman Sachs
Brian Lee53%
$63 → $54MaintainsBuyGet Alert
11/22/2024Buy Now-0.47%Guggenheim
Joseph Osha79%
$55 → $55ReiteratesBuy → BuyGet Alert
11/22/2024Buy Now-14.95%Piper Sandler
Kashy Harrison43%
$60 → $47MaintainsOverweightGet Alert
11/19/2024Buy Now-13.14%Northland Capital Markets
Gus Richard61%
→ $48Reinstates → OutperformGet Alert
11/07/2024Buy Now-5.9%B of A Securities
Dimple Gosa57%
$65 → $52MaintainsBuyGet Alert
11/01/2024Buy Now-2.28%Truist Securities
Jordan Levy40%
$50 → $54MaintainsBuyGet Alert
10/31/2024Buy Now-4.09%Baird
Ben Kallo46%
$71 → $53MaintainsOutperformGet Alert
10/29/2024Buy Now4.96%Wells Fargo
Praneeth Satish56%
$64 → $58MaintainsOverweightGet Alert
10/17/2024Buy Now4.96%JP Morgan
Mark Strouse66%
$62 → $58MaintainsOverweightGet Alert
10/16/2024Buy Now-9.52%Susquehanna
Biju Perincheril47%
$59 → $50MaintainsPositiveGet Alert
10/16/2024Buy Now-9.52%Truist Securities
Jordan Levy40%
$65 → $50MaintainsBuyGet Alert
10/14/2024Buy Now-20.38%BMO Capital
Ameet Thakkar45%
$56 → $44MaintainsMarket PerformGet Alert
10/03/2024Buy Now-14.95%Barclays
Christine Cho53%
$61 → $47MaintainsEqual-WeightGet Alert
09/04/2024Buy Now-16.76%Jefferies
Julien Dumoulin-Smith68%
→ $46Initiates → HoldGet Alert
08/16/2024Buy Now-0.47%Guggenheim
Joseph Osha79%
$60 → $55MaintainsBuyGet Alert
08/02/2024Buy Now12.2%JP Morgan
Mark Strouse66%
$65 → $62MaintainsOverweightGet Alert
08/02/2024Buy Now17.63%Roth MKM
Philip Shen47%
$70 → $65MaintainsBuyGet Alert
08/02/2024Buy Now-0.47%Cantor Fitzgerald
Derek Soderberg34%
$55 → $55ReiteratesOverweight → OverweightGet Alert
07/29/2024Buy Now17.63%Truist Securities
Jordan Levy40%
$70 → $65MaintainsBuyGet Alert
07/17/2024Buy Now19.44%B of A Securities
Dimple Gosa57%
$64 → $66MaintainsBuyGet Alert
07/16/2024Buy Now10.39%Barclays
Christine Cho53%
$63 → $61MaintainsEqual-WeightGet Alert
07/16/2024Buy Now17.63%JP Morgan
Mark Strouse66%
$63 → $65MaintainsOverweightGet Alert
06/28/2024Buy Now6.77%Susquehanna
Biju Perincheril47%
→ $59Initiates → PositiveGet Alert
05/15/2024Buy Now26.67%Truist Securities
Jordan Levy40%
$70 → $70MaintainsBuyGet Alert
05/15/2024Buy Now26.67%Roth MKM
Philip Shen47%
$70 → $70ReiteratesBuy → BuyGet Alert
05/15/2024Buy Now1.34%BMO Capital
Ameet Thakkar45%
$62 → $56MaintainsMarket PerformGet Alert
05/15/2024Buy Now15.82%Wells Fargo
Praneeth Satish56%
$68 → $64MaintainsOverweightGet Alert
04/29/2024Buy Now-9.52%Scotiabank
Tristan Richardson42%
$55 → $50MaintainsSector OutperformGet Alert
04/23/2024Buy Now8.58%Guggenheim
Joseph Osha79%
$73 → $60MaintainsBuyGet Alert
04/19/2024Buy Now6.77%Mizuho
Anthony Crowdell64%
$64 → $59MaintainsBuyGet Alert
04/11/2024Buy Now15.82%Piper Sandler
Kashy Harrison43%
$66 → $64MaintainsOverweightGet Alert
04/10/2024Buy Now8.58%B of A Securities
Dimple Gosa57%
$53 → $60MaintainsBuyGet Alert
04/02/2024Buy Now14.01%Barclays
Christine Cho53%
$55 → $63DowngradeOverweight → Equal-WeightGet Alert
03/22/2024Buy Now24.86%BMO Capital
Ameet Thakkar45%
→ $69Initiates → Market PerformGet Alert
03/11/2024Buy Now19.44%Piper Sandler
Kashy Harrison43%
$63 → $66MaintainsOverweightGet Alert
02/29/2024Buy Now21.25%JP Morgan
Mark Strouse66%
$73 → $67MaintainsOverweightGet Alert
02/08/2024Buy Now32.1%Guggenheim
Joseph Osha79%
→ $73Initiates → BuyGet Alert
02/02/2024Buy Now26.67%Goldman Sachs
Brian Lee53%
$62 → $70MaintainsBuyGet Alert
02/01/2024Buy Now14.01%Piper Sandler
Kashy Harrison43%
$60 → $63MaintainsOverweightGet Alert
02/01/2024Buy Now15.82%Mizuho
Anthony Crowdell64%
$56 → $64MaintainsBuyGet Alert
02/01/2024Buy Now12.2%Cantor Fitzgerald
Derek Soderberg34%
$52 → $62MaintainsOverweightGet Alert
02/01/2024Buy Now26.67%Roth MKM
Philip Shen47%
$60 → $70MaintainsBuyGet Alert
02/01/2024Buy Now32.1%JP Morgan
Mark Strouse66%
$61 → $73MaintainsOverweightGet Alert
02/01/2024Buy Now26.67%Goldman Sachs
Brian Lee53%
$62 → $70MaintainsBuyGet Alert
02/01/2024Buy Now23.05%Wells Fargo
Praneeth Satish56%
$57 → $68MaintainsOverweightGet Alert
01/31/2024Buy Now-5.9%Citigroup
Ryan Levine69%
$45 → $52MaintainsNeutralGet Alert
01/23/2024Buy Now8.58%Truist Securities
Jordan Levy40%
$52 → $60MaintainsBuyGet Alert
01/22/2024Buy Now-7.71%Barclays
Christine Cho53%
$50 → $51MaintainsOverweightGet Alert
01/16/2024Buy Now12.2%Goldman Sachs
Brian Lee53%
→ $62Initiates → BuyGet Alert
01/08/2024Buy Now3.15%Wells Fargo
Praneeth Satish56%
→ $57UpgradeEqual-Weight → OverweightGet Alert
01/03/2024Buy Now1.34%Mizuho
Anthony Crowdell64%
$50 → $56MaintainsBuyGet Alert
12/19/2023Buy Now8.58%Piper Sandler
Kashy Harrison43%
→ $60Initiates → OverweightGet Alert
10/27/2023Buy Now-5.9%Truist Securities
Jordan Levy40%
$50 → $52MaintainsBuyGet Alert
10/26/2023Buy Now-5.9%Cantor Fitzgerald
Derek Soderberg34%
→ $52ReiteratesOverweight → OverweightGet Alert
10/19/2023Buy Now-5.9%JP Morgan
Mark Strouse66%
$55 → $52MaintainsOverweightGet Alert
10/16/2023Buy Now-22.19%Janney Montgomery Scott
Sean Milligan41%
→ $43Initiates → BuyGet Alert
10/02/2023Buy Now-9.52%UBS
Jon Windham64%
→ $50Initiates → BuyGet Alert
09/28/2023Buy Now-9.52%Barclays
Christine Cho53%
$52 → $50MaintainsOverweightGet Alert
09/22/2023Buy Now-5.9%Wolfe Research
Steve Fleishman51%
→ $52Initiates → OutperformGet Alert
09/18/2023Buy Now-20.38%Wells Fargo
Praneeth Satish56%
→ $44Initiates → Equal-WeightGet Alert
07/28/2023Buy Now-5.9%Barclays
Christine Cho53%
$42 → $52MaintainsOverweightGet Alert
07/27/2023Buy Now-9.52%Craig-Hallum
Christian Schwab73%
$43 → $50MaintainsBuyGet Alert
07/27/2023Buy Now-0.47%JP Morgan
Mark Strouse66%
$50 → $55MaintainsOverweightGet Alert
07/25/2023Buy Now-9.52%Truist Securities
Jordan Levy40%
$44 → $50MaintainsBuyGet Alert
07/19/2023Buy Now-24%Citigroup
Ryan Levine69%
→ $42Assumes → NeutralGet Alert
06/14/2023Buy Now-18.57%Mizuho
Anthony Crowdell64%
$40 → $45MaintainsBuyGet Alert
05/16/2023Buy Now-18.57%Exane BNP Paribas
Thomas Martin65%
→ $45UpgradeNeutral → OutperformGet Alert
05/12/2023Buy Now-24%B of A Securities
Julien Dumoulin-Smith68%
$40 → $42MaintainsBuyGet Alert
05/11/2023Buy Now-20.38%Cantor Fitzgerald
Andres Sheppard85%
$40 → $44MaintainsOverweightGet Alert
05/11/2023Buy Now-20.38%Truist Securities
Jordan Levy40%
$40 → $44MaintainsBuyGet Alert
05/01/2023Buy Now-42.09%Northland Capital Markets
Donovan Schafer43%
→ $32Initiates → Market PerformGet Alert
03/29/2023Buy Now-27.61%B of A Securities
Julien Dumoulin-Smith68%
$36 → $40UpgradeNeutral → BuyGet Alert
03/22/2023Buy Now-25.81%Craig-Hallum
Christian Schwab73%
→ $41Initiates → BuyGet Alert
03/06/2023Buy Now-34.85%B of A Securities
Julien Dumoulin-Smith68%
→ $36Initiates → NeutralGet Alert

FAQ

Q

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

A

The latest price target for Nextracker (NASDAQ:NXT) was reported by Wells Fargo on May 19, 2025. The analyst firm set a price target for $71.00 expecting NXT to rise to within 12 months (a possible 28.48% upside). 49 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 Wells Fargo, and Nextracker maintained their overweight rating.

Q

When was the last upgrade for Nextracker (NXT)?

A

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.

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 May 19, 2025 so you should expect the next rating to be made available sometime around May 19, 2026.

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 $69.00 to $71.00. The current price Nextracker (NXT) is trading at is $55.26, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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