Nextracker Inc. Class A Common Stock (NXT) Stock Forecast & Price Target
Nextracker Inc. Class A Common Stock · NASDAQ
$103.73+3.70 (+3.70%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 24 firms covering Nextracker Inc. Class A Common Stock, 20 rate it Buy or better, 4 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $108.00 to $182.00, a moderate spread. The average target of $146.16 sits 41% above the current $103.73. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 17 to 20 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.16 next quarter toward $5.92 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS24 ratings
Moderate Buy
Strong Buy00%
Buy2083%
Hold417%
Sell00%
Strong Sell00%
Based on 24 analysts giving stock ratings to Nextracker Inc. Class A Common Stock.
As of Jul, 20 of 24 firms rate NXT a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
NXT EPS & revenue forecast
EPS · NEXT QUARTER
$1.16
Range $1.04 – $1.34 · 17 analysts · -2% YoY
Next period, 17 analysts expect Nextracker Inc. Class A Common Stock to earn $1.16 a share (range $1.04 – $1.34), versus $1.19 a year earlier. Full-year consensus is $4.72, growing to $5.92 the year after.
REVENUE · NEXT QUARTER
$1.1B
Range $990.0M – $1.2B · 17 analysts · +19% YoY
Revenue is expected to reach $1.1B (range $990.0M – $1.2B), +18.8% year-over-year. Full-year consensus is $4.3B, rising to $5.2B next year.
Top analysts covering Nextracker Inc. Class A Common Stock
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on NXT.
#1
Ben Kallo
Baird · Rank #237
Buy
$156.00+50.4% to target
Overall win rate
28%
+ Follow
#2
Gus Richard
Northland Capital Markets · Rank #289
Buy
$162.00+56.2% to target
Overall win rate
31%
+ Follow
#3
BL
Brian Lee
Goldman Sachs
Buy
$148.00+42.7% to target
Coverage
—
+ Follow
#4
GL
Gordon L. Johnson
GLJ Research
Buy
$149.44+44.1% to target
Coverage
—
+ Follow
#5
Praneeth Satish
Wells Fargo
Buy
$151.00+45.6% to target
Coverage
—
+ Follow
NXT stock forecast FAQ
What is NXT's average 12-month price target?+
The 22 analysts with a live target average $146.16 for Nextracker Inc. Class A Common Stock over the next 12 months, ranging from a $182.00 high to a $108.00 low.
Is NXT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 24 analyst ratings, 20 are Buy or Strong Buy, 4 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for NXT?+
The Street-high target is $182.00 (BNP Paribas), and the Street-low is $108.00 (B of A Securities). The average of all 22 active targets is $146.16.
How many Wall Street analysts cover NXT?+
24 analysts have an active rating on Nextracker Inc. Class A Common Stock, and 22 firms carry a live 12-month price target.
Who is the most accurate analyst covering NXT?+
Among analysts who currently cover NXT, Ben Kallo of Baird has the strongest overall Quantellect track record (Rank #237). Their current call is Buy with a $156.00 target.
What is Nextracker Inc. Class A Common Stock's projected EPS for next quarter?+
The consensus estimate is $1.16 per share (range $1.04 – $1.34) across 17 analysts. Full-year EPS is projected at $4.72, rising to $5.92 the following year.
How much revenue is Nextracker Inc. Class A Common Stock expected to report next quarter?+
Consensus revenue is $1.1B (range $990.0M – $1.2B). Full-year revenue is projected at $4.3B, growing to $5.2B next year.
Have analysts been upgrading or downgrading NXT lately?+
As of Jul, 20 of 24 firms rate NXT a Buy (4 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their NXT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
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