
NEXTracker Inc (NXT) Stock Forecast & Price Target
NEXTracker Inc (NXT) Analyst Ratings
Bulls say
Nextracker has demonstrated impressive growth potential, with a projected backlog exceeding $4.5 billion, representing over a 60% increase from previous levels. The company's commitment to enhancing production efficiency through its TrueCapture software is expected to yield annual production gains of 0.5%-2%, further bolstering its financial profile. Additionally, with an anticipated FY26 EBITDA growth adjustment increasing to $754 million, fueled by operational efficiencies and a strong manufacturing presence, Nextracker is well-positioned for sustained financial performance in the expanding renewable energy sector.
Bears say
The analysis presents a negative outlook for Nextracker's stock, primarily due to a revised revenue forecast indicating a 5% decrease in FY26 revenues to approximately $3.09 billion, reflecting a cautious stance on near-term growth in the utility-scale solar segment. Additionally, industry-wide delays, increasing competition, and political uncertainties have been highlighted as factors that may hinder the company's growth prospects, potentially leading to pricing pressure and market share loss. Consequently, these challenges could exacerbate financial performance, resulting in lower demand for Nextracker's products and negatively impacting its long-term growth strategy.
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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