On May 15, 2025, Truist Securities analyst Jordan Levy announced an update on NEXTracker (NXT, Financial) with a revised price target of $65.00, up from the previous target of $49.00. This change represents a significant 32.65% increase in the price target.
While the price target has been adjusted, the analyst maintains an "Overweight" rating on NEXTracker (NXT, Financial), aligning with prior evaluations. This suggests that Truist Securities continues to see strong potential in the company's stock performance.
NEXTracker (NXT, Financial) is currently listed on the NASDAQ exchange and is being closely watched following this latest update from Truist Securities. Investors are advised to consider this revised target and rating as part of their investment due diligence.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for NEXTracker Inc (NXT, Financial) is $58.11 with a high estimate of $70.00 and a low estimate of $37.81. The average target implies an downside of 5.35% from the current price of $61.39. More detailed estimate data can be found on the NEXTracker Inc (NXT) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, NEXTracker Inc's (NXT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
