
NEXTracker Inc (NXT) Stock Forecast & Price Target
NEXTracker Inc (NXT) Analyst Ratings
Bulls say
Nextracker has demonstrated strong performance, with its stock increasing by 50% over the past year, significantly outpacing the S&P 500's 15% increase during the same period. Despite this substantial growth, the company's stock remains attractively valued at 10.2x the estimated EBITDA for calendar 2025 and 9.6x for 2026, indicating potential for further upside. Furthermore, Nextracker's expected revenue growth from 2024 to 2027 is positioned favorably compared to peers, bolstered by increased confidence in revenue estimates following recent developments.
Bears say
Nextracker's long-term growth strategy is at risk due to potential demand softening and supply chain challenges faced by solar equipment vendors, which could significantly hinder the company’s operational capabilities. Current projections indicate that consensus estimates for fiscal year 2027 are below expectations, suggesting a lack of optimism regarding future growth. Additionally, the company's valuation at 11.6x EBITDA for calendar year 2027 raises concerns about sustainability if market conditions do not improve, especially as growth is heavily reliant on the adoption of large-scale solar projects.
This aggregate rating is based on analysts' research of NEXTracker Inc and is not a guaranteed prediction by Public.com or investment advice.
NEXTracker Inc (NXT) Analyst Forecast & Price Prediction
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