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Asset logo for symbol NXT
Nextracker
NXT75
$44.19arrow_drop_down2.40%-$1.09
High Quality
Asset logo for symbol NXT
NXT75

$44.19

arrow_drop_down2.40%

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

Nextracker (NXT) Stocklytics Forecast

Nextracker Inc., known by its stock symbol NXT, is a leading provider of solar tracker solutions to the global energy industry. With a strong track record of innovation and technological advancements, Nextracker has positioned itself as a key player in the renewable energy sector. Investors are eagerly looking for price predictions and forecasts for NXT stock, particularly for the year 2023.
Analyzing the market trends and employing advanced AI and machine learning algorithms, several experts have come up with forecasts regarding the NXT stock price. Although these predictions are subject to market volatility and external factors, they offer valuable insights for investors. The consensus forecast suggests that Nextracker Inc.'s stock price will experience a positive trajectory in the coming years, with the potential for significant growth in 2023.
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Frequently Asked Questions

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What is the analyst price prediction for Nextracker (NXT) stock?

Analysts have set a target price of $62.7 for Nextracker (NXT), based on forecasts from 30 analysts. The predicted price range extends from a high of $73 to a low of $50. This represents a potential increase of up to 65.2% and a decrease of 13.15% from the current price of $44.19. These forecasts are as of 2023 Oct 27.
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What are the analyst ratings for Nextracker (NXT) stock?

The analyst ratings for Nextracker (NXT) are distributed as follows: 23 analysts recommend buying, 6 have a neutral stance, and 1 suggest selling. The prevailing sentiment among the total of 30 analysts leans towards a buy rating. These ratings indicate the general sentiment among the analysts covering Nextracker.
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What is the AI price prediction for Nextracker (NXT) stock?

At present, there is no AI or machine-learning-based price prediction available for Nextracker (NXT) stock. The lack of a forecast could stem from various factors, such as inadequate data or the necessity for model recalibration.

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