Nextracker Inc. (NXT) Social Stream
NEXTRACKER INC (NXT) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering NXT.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-03 | 5 | $40 | $40 | $40 | $42.04 | -4.85% |
| 2023-03-06 | 11 | $45 | $36 | $40.125 | $42.04 | -4.56% |
| 2023-04-05 | 11 | $45 | $36 | $40.666 | $42.04 | -3.27% |
| 2023-04-20 | 11 | $45 | $36 | $40.4 | $42.04 | -3.9% |
| 2023-05-11 | 12 | $45 | $32 | $39.636 | $42.04 | -5.72% |
| 2023-05-12 | 12 | $45 | $32 | $40.727 | $42.04 | -3.12% |
| 2023-05-16 | 14 | $45 | $35 | $41.333 | $42.04 | -1.68% |
| 2023-06-14 | 13 | $45 | $35 | $41.75 | $42.04 | -0.69% |
| 2023-07-11 | 14 | $45 | $35 | $41.75 | $42.04 | -0.69% |
| 2023-07-19 | 14 | $50 | $35 | $42.538 | $42.04 | 1.18% |
| 2023-07-20 | 14 | $50 | $35 | $43.076 | $42.04 | 2.46% |
| 2023-07-25 | 14 | $50 | $35 | $43.538 | $42.04 | 3.56% |
| 2023-07-28 | 14 | $60 | $35 | $46.461 | $42.04 | 10.52% |
| 2023-07-31 | 14 | $60 | $35 | $47.615 | $42.04 | 13.26% |
| 2023-08-11 | 14 | $60 | $35 | $47.769 | $42.04 | 13.63% |
| 2023-09-18 | 16 | $60 | $35 | $47.5 | $42.04 | 12.99% |
| 2023-09-22 | 17 | $60 | $35 | $47.8 | $42.04 | 13.7% |
| 2023-10-04 | 18 | $60 | $35 | $47.812 | $42.04 | 13.73% |
| 2023-10-24 | 18 | $60 | $35 | $47.529 | $42.04 | 13.06% |
| 2023-10-27 | 18 | $60 | $38 | $48 | $42.04 | 14.18% |
| 2023-10-28 | 17 | $60 | $38 | $49.625 | $42.04 | 18.04% |
| 2023-12-12 | 19 | $60 | $38 | $49.625 | $42.04 | 18.04% |
| 2023-12-19 | 19 | $60 | $38 | $50.235 | $42.04 | 19.49% |
| NA | 1 | $NA | $NA | $NA | $42.04 | NA% |
The Trend in the Analyst Price Target
NXT's average price target has moved up $9.74 over the prior 32 weeks.
NXT reports an average of 19.04% for its upside potential over the past 42 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-03-06 | 6 | 45 | 36 | 40.125 | 32.45 | 23.65% |
| 2023-09-22 | 16 | 60 | 35 | 47.800 | 40.81 | 17.13% |
| 2023-10-04 | 17 | 60 | 35 | 47.812 | 35.67 | 34.04% |
| 2023-10-27 | 18 | 60 | 38 | 48.000 | 34.63 | 38.61% |
| 2023-10-28 | 17 | 60 | 38 | 49.647 | 34.63 | 43.36% |
NXT Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.32 | 16 | 0 | 3 | 0 | 0 | 19 |
The Trend in the Broker Recommendations
Over the past 122 days, NXT's average broker recommendation rating improved by 0.21.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NXT as an investment opportunity.
- In the context of all US stocks, NEXTRACKER INC's number of analysts covering the stock is greater than 3111.81% of them.
- In the context of Technology stocks, NEXTRACKER INC's variance in analysts' estimates is lower than -1245.42% of them.
- NEXTRACKER INC's upside potential (average analyst target price relative to current price) is higher than 1294.83% of Electronic Equipment stocks.
- In the context of Electronic Equipment stocks, NEXTRACKER INC's average analyst price target is higher than 1650.38% of them.
In the Electronic Equipment industry, COMM, SATS, and VSAT are the three stocks most similar to NEXTRACKER INC regarding the price target and analyst recommendation information presented here.
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