NEXTracker Inc (NXT) Stock Forecast & Price Target

Nextpower's stock outlook is bolstered by an upward revision of the fiscal year 2026 guidance, with revenue projections increased by approximately 1.5% to a range of $3.275 billion to $3.4785 billion, reflecting a positive adjustment from earlier estimates. The EBITDA guidance has also been raised by about 2%, reaching $775 million to $815 million, indicating an overall robust operational performance and a resilient demand environment that could potentially yield revenues around $6 billion. Furthermore, Nextpower anticipates a significant growth trajectory with tracker revenue expected to grow at a compound annual growth rate (CAGR) of roughly 5% and non-tracker revenue projected to increase at a remarkable CAGR of around 40% through fiscal year 2030, supported by a substantial backlog nearing $5 billion.

Nextpower's financial outlook is impacted by guidance for FY'27 revenue that is approximately 3% below the prior estimates and consensus expectations, indicating potential challenges in demand generation. The projected adjusted EBITDA for FY'30 is also concerning, as it is estimated to be around 13% lower than previous consensus, which may suggest weaknesses in profitability as competition intensifies. Furthermore, anticipated demand decline of over 20% exacerbates the risks of pricing pressure and market share loss, undermining the company's financial stability moving forward.