Nextracker Inc. (NXT)
(Delayed Data from NSDQ)
$42.21 USD
+0.10 (0.24%)
Updated Aug 26, 2024 04:00 PM ET
After-Market: $42.40 +0.19 (0.45%) 7:58 PM ET
5-Strong Sell of 5 5
B Value A Growth D Momentum A VGM
Nextracker (NXT) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$61.16 | $72.00 | $44.00 | 45.24% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Nextracker comes to $61.16. The forecasts range from a low of $44.00 to a high of $72.00. The average price target represents an increase of 45.24% from the last closing price of $42.11.
Analyst Price Targets (25)
Broker Rating
Nextracker currently has an average brokerage recommendation (ABR) of 1.39 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 28 brokerage firms. The current ABR compares to an ABR of 1.39 a month ago based on 28 recommendations.
Of the 28 recommendations deriving the current ABR, 22 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 78.57% and 3.57% of all recommendations. A month ago, Strong Buy made up 78.57%, while Buy represented 3.57%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/NXT.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 22 | 22 | 22 | 22 | 21 |
Buy | 1 | 1 | 1 | 1 | 0 |
Hold | 5 | 5 | 5 | 5 | 5 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.39 | 1.39 | 1.39 | 1.39 | 1.38 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
8/16/2024 | Guggenheim Securities | Joseph Osha | Strong Buy | Strong Buy |
8/6/2024 | Scotiabank | Tristan J Richardson | Strong Buy | Strong Buy |
8/2/2024 | UBS | Jon Windham | Strong Buy | Strong Buy |
7/29/2024 | Truist Securities | Jordan Levy | Strong Buy | Strong Buy |
7/21/2024 | Piper Sandler | Kashy O Harrison | Strong Buy | Strong Buy |
7/16/2024 | Not Identified | Not Identified | Hold | Hold |
6/28/2024 | Susquehanna Financial Group | Biju Perincheril | Not Available | Strong Buy |
5/16/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
5/16/2024 | Cantor Fitzgerald & Co | Derek Soderberg | Strong Buy | Strong Buy |
5/15/2024 | Wells Fargo Securities | Praneeth Satish | Strong Buy | Strong Buy |
5/15/2024 | Roth Capital Partners | Philip L Shen | Strong Buy | Strong Buy |
5/15/2024 | Janney Montgomery Scott | Sean Milligan | Strong Buy | Strong Buy |
4/26/2024 | Northland Capital Markets | Donovan Schafer | Strong Buy | Hold |
4/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/18/2024 | Mizuho SecuritiesUSA | Maheep Mandloi | Strong Buy | Strong Buy |
4/1/2024 | Daiwa America | Jonathan Kees | Not Available | Strong Buy |
3/26/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
3/22/2024 | BMO Capital Markets | Ameet Thakkar | Not Available | Hold |
3/21/2024 | Robert W. Baird & Co. | Benjamin J Kallo | Not Available | Strong Buy |
3/15/2024 | Exane BNP Paribas | Thomas Martin | Strong Buy | Strong Buy |
2/1/2024 | Craig-Hallum | Christian D Schwab | Strong Buy | Strong Buy |
2/1/2024 | Goldman Sachs | Brian K Lee | Strong Buy | Strong Buy |
1/31/2024 | Not Identified | Not Identified | Hold | Hold |
1/2/2024 | Johnson Rice & Company | Martin Whittier Malloy | Strong Buy | Strong Buy |
10/17/2023 | KeyBanc Capital Markets | Sophie Karp | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.39 |
ABR (Last week) | 1.39 |
# of Recs in ABR | 28 |
Average Target Price | $61.16 |
LT Growth Rate | 2.70% |
Industry | Solar |
Industry Rank by ABR | 96 of 253 |
Current Quarter EPS Est: | 0.66 |