On Oct 31, major Wall Street analysts update their ratings for $Nextracker (NXT.US)$, with price targets ranging from $53 to $60.
BofA Securities analyst Dimple Gosai maintains with a buy rating, and sets the target price at $58.
Baird analyst Ben Kallo maintains with a buy rating, and adjusts the target price from $71 to $53.
Piper Sandler analyst Kashy Harrison maintains with a buy rating, and maintains the target price at $60.
Cantor Fitzgerald analyst Derek Soderberg maintains with a buy rating, and maintains the target price at $55.
Truist Financial analyst Jordan Levy maintains with a buy rating, and adjusts the target price from $50 to $54.
Furthermore, according to the comprehensive report, the opinions of $Nextracker (NXT.US)$'s main analysts recently are as follows:
The firm reported that for a second consecutive quarter, there was an across-the-board beat with robust backlog growth and a raised guidance for adjusted EBITDA and adjusted EPS.
The perspective on Nextracker remains positive leading into its earnings report. It's anticipated that the company will uphold its guidance for FY 2025, and there is an expectation of a 7% revenue growth in FY 2026.
Here are the latest investment ratings and price targets for $Nextracker (NXT.US)$ from 6 analysts:
Note:
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