On July 8, 2025, Baird analyst Ben Kallo updated his analysis on Nextracker (NXT, Financial), maintaining an "Outperform" rating while raising the company's price target. The price target has been adjusted from USD 67.00 to USD 76.00, representing a 13.43% increase.
The decision to maintain the "Outperform" rating suggests continued confidence in Nextracker's (NXT, Financial) performance in the market. The increase in the price target indicates an optimistic outlook for the company's future growth and potential.
Investors should note these updates as they reflect Baird's current stance on Nextracker (NXT, Financial) and its anticipated market performance. Keep an eye on Nextracker's (NXT) developments as they continue to progress in the sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 23 analysts, the average target price for Nextracker Inc (NXT, Financial) is $62.94 with a high estimate of $76.00 and a low estimate of $35.56. The average target implies an downside of 5.29% from the current price of $66.45. More detailed estimate data can be found on the Nextracker Inc (NXT) Forecast page.
Based on the consensus recommendation from 25 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.
