
NEXTracker Inc (NXT) Stock Forecast & Price Target
NEXTracker Inc (NXT) Analyst Ratings
Bulls say
Nextracker’s stock outlook is bolstered by a significant backlog approaching $5 billion, which represents a notable increase of over 60% from the previous fiscal third quarter’s backlog of approximately $3 billion. The company is also expected to achieve increased EBITDA growth, with estimates for FY26 rising to $754 million, largely driven by operational efficiencies and higher contributions from its TrueCapture technology. Furthermore, the positive impact of a robust manufacturing footprint and favorable policies under the Inflation Reduction Act (IRA) positions Nextracker favorably within the growing demand for solar tracker solutions globally.
Bears say
Nextracker's outlook has been negatively impacted by a revised revenue forecast for FY26, which has decreased by approximately 5% to $3.09 billion due to anticipated growth slowdowns in the utility-scale solar sector. The company faces significant industry challenges, including widespread project delays, increased competition leading to potential pricing pressure and market share losses, and political uncertainty contributing to investment volatility. These factors collectively suggest a risk of further margin contraction and reduced long-term growth potential, complicating Nextracker's strategic positioning in the market.
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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