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NEXTracker, Inc. Class A (NXT)
NASDAQ:NXT
RESEARCH TOOLSreports
Holding NXT?
Track your performance easily
See the Price Targets and Ratings of:
NXT Analyst Ratings
Strong Buy
13 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
NXT Stock 12 Month Forecast
Average Price Target
$52.85
▲(48.71% Upside)
| Highest Price Target$70.00 | Average Price Target$52.85 | Lowest Price Target$44.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Goldman Sachs
Reiterated
12/16/24
Craig-Hallum
Reiterated
12/02/24
Piper Sandler
Assigned
11/22/24
Northland Securities
Initiated
11/19/24
Bank of America Securities
Reiterated
11/06/24
Truist Financial
Reiterated
11/05/24
Barclays
Reiterated
11/01/24
Wells Fargo
Assigned
10/31/24
Roth MKM
Assigned
10/31/24
Robert W. Baird
Reiterated
10/31/24
Mizuho Securities
―
Buy
―
Reiterated
10/31/24
Positive Outlook for NEXTracker, Inc. Amid Strong Performance and Strategic Growth Initiatives
Cantor Fitzgerald
$55
Buy
54.76%
Upside
Reiterated
10/30/24
Analysts Offer Insights on Technology Companies: Procore Technologies (NYSE: PCOR), NEXTracker, Inc. Class A (NASDAQ: NXT) and KLA (NASDAQ: KLAC)
J.P. Morgan
$62→$58
Buy
63.20%
Upside
Reiterated
10/17/24
Nextracker price target lowered to $58 from $62 at JPMorganNextracker price target lowered to $58 from $62 at JPMorgan
Susquehanna
$59→$50
Buy
40.69%
Upside
Reiterated
10/16/24
Nextracker price target lowered to $50 from $59 at SusquehannaNextracker price target lowered to $50 from $59 at Susquehanna
BMO Capital
$56→$44
Hold
23.80%
Upside
Reiterated
10/14/24
Nextracker price target lowered to $44 from $56 at BMO CapitalNextracker price target lowered to $44 from $56 at BMO Capital
Best Analysts Covering NEXTracker, Inc. Class A
Which Analyst Should I Follow If I Want to Buy NXT and Sell After:
1 Month
xxx
Success Rate
6/8 ratings generated profit
Average Return
+6.51%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 75.00% of your transactions generating a profit, with an average return of +6.51% per trade.
3 Months
xxx
Success Rate
4/8 ratings generated profit
Average Return
+3.70%
reiterated a xxx
rating 4 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +3.70% per trade.
1 Year
Success Rate
6/13 ratings generated profit
Average Return
-2.13%
reiterated a buy rating last month
Copying Jordan Levy's trades and holding each position for 1 Year would result in 46.15% of your transactions generating a profit, with an average return of -2.13% per trade.
2 Years
xxx
Success Rate
4/10 ratings generated profit
Average Return
-12.01%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 40.00% of your transactions generating a profit, with an average return of -12.01% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
NXT Analyst Recommendation Trends
Rating
Aug 24
Sep 24
Oct 24
Nov 24
Dec 24
Strong Buy
9
14
20
12
7
Buy
13
12
15
13
13
Hold
4
3
4
4
3
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
26
29
39
29
23
Each month's total comprises the sum of three months' worth of ratings.
NXT Financial Forecast
NXT Stock Forecast FAQ
What is NXT’s average 12-month price target, according to analysts?
Based on analyst ratings, NEXTracker, Inc. Class A’s 12-month average price target is $52.85.
What is NXT’s upside potential, based on the analysts’ average price target?
NEXTracker, Inc. Class A has 48.71% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is NXT a Buy, Sell or Hold?
NEXTracker, Inc. Class A has a consensus rating of Strong Buy which is based on 13 buy ratings, 2 hold ratings and 0 sell ratings.
What is NEXTracker, Inc. Class A’s price target?
The average price target for NEXTracker, Inc. Class A is $52.85. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $70.00 ,the lowest forecast is $44.00. The average price target represents 48.71% Increase from the current price of $35.54.
The highest analyst price target is $70.00 ,the lowest forecast is $44.00. The average price target represents 48.71% Increase from the current price of $35.54.
What do analysts say about NEXTracker, Inc. Class A?
NEXTracker, Inc. Class A’s analyst rating consensus is a Strong Buy. This is based on the ratings of 15 Wall Streets Analysts.
How can I buy shares of NXT?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.