Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
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
11 Buy
3 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
$54.69
▲(48.61% Upside)
| Highest Price Target$70.00 | Average Price Target$54.69 | 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
Bank of America Securities
Reiterated
11/06/24
Truist Financial
Reiterated
11/05/24
Barclays
Reiterated
11/01/24
Craig-Hallum
Reiterated
10/31/24
Wells Fargo
Assigned
10/31/24
Roth MKM
Assigned
10/31/24
Robert W. Baird
Reiterated
10/31/24
Mizuho Securities
Reiterated
10/31/24
Piper Sandler
Assigned
10/31/24
Cantor Fitzgerald
Reiterated
10/30/24
J.P. Morgan
$62→$58
Buy
57.61%
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
35.87%
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
19.57%
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
Jefferies
$46
Hold
25.00%
Upside
Initiated
09/03/24
Nextracker initiated with a Hold at JefferiesNextracker initiated with a Hold at Jefferies
Guggenheim
$60→$55
Buy
49.46%
Upside
Reiterated
08/16/24
Nextracker price target lowered to $55 from $60 at GuggenheimNextracker price target lowered to $55 from $60 at Guggenheim
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 3 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 3 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
5/10 ratings generated profit
Average Return
+8.00%
reiterated a buy rating 17 days ago
Copying Christian Schwab's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +8.00% per trade.
2 Years
xxx
Success Rate
5/10 ratings generated profit
Average Return
-2.99%
reiterated a xxx
rating 17 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 50.00% of your transactions generating a profit, with an average return of -2.99% 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
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
5
9
14
20
12
Buy
15
13
12
15
11
Hold
8
4
3
4
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
28
26
29
39
27
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 $54.69.
What is NXT’s upside potential, based on the analysts’ average price target?
NEXTracker, Inc. Class A has 48.61% 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 11 buy ratings, 3 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 $54.69. This is based on 14 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 48.61% Increase from the current price of $36.8.
The highest analyst price target is $70.00 ,the lowest forecast is $44.00. The average price target represents 48.61% Increase from the current price of $36.8.
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 14 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.