Stock Track | Nextracker Soars 5.32% as Analysts Raise Price Targets on Strong Outlook

Stock Track

May 16, 2025

Nextracker Inc (NXT) shares surged 5.32% in pre-market trading on Thursday, as multiple Wall Street analysts raised their price targets following the company's robust financial forecasts for fiscal year 2026.

The solar tracking systems maker saw a flurry of analyst upgrades, with JP Morgan raising its target price to $65 from $61, Jefferies increasing to $63 from $50, and BofA Global Research lifting its price objective to $65 from $55. These upgrades came after Nextracker forecasted fiscal year 2026 revenue and profit above market expectations, signaling strong confidence in the company's growth prospects.

The positive sentiment was further reinforced by additional price target hikes from other prominent firms. Citigroup raised its target to $58 from $51, BMO increased to $59 from $51, and Susquehanna boosted its target to $66 from $54. The average rating for Nextracker remains "overweight" with a mean price target of $61.42, according to analysts polled by FactSet. This wave of optimistic analyst revisions underscores the market's growing confidence in Nextracker's ability to capitalize on the expanding solar energy sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1128773871"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1128773871\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1128773871?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-16 14:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1128773871","market":"hk","top_or_hot":-1,"title":"Stock Track | Nextracker Soars 5.32% as Analysts Raise Price Targets on Strong Outlook","media":"Stock Track","content":"<p>Nextracker Inc (NXT) shares surged 5.32% in pre-market trading on Thursday, as multiple Wall Street analysts raised their price targets following the company's robust financial forecasts for fiscal year 2026.</p>\n\n<p>The solar tracking systems maker saw a flurry of analyst upgrades, with JP Morgan raising its target price to $65 from $61, Jefferies increasing to $63 from $50, and BofA Global Research lifting its price objective to $65 from $55. These upgrades came after Nextracker forecasted fiscal year 2026 revenue and profit above market expectations, signaling strong confidence in the company's growth prospects.</p>\n\n<p>The positive sentiment was further reinforced by additional price target hikes from other prominent firms. Citigroup raised its target to $58 from $51, BMO increased to $59 from $51, and Susquehanna boosted its target to $66 from $54. The average rating for Nextracker remains \"overweight\" with a mean price target of $61.42, according to analysts polled by FactSet. This wave of optimistic analyst revisions underscores the market's growing confidence in Nextracker's ability to capitalize on the expanding solar energy sector.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Nextracker Soars 5.32% as Analysts Raise Price Targets on Strong Outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Nextracker Soars 5.32% as Analysts Raise Price Targets on Strong Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-05-16 14:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nextracker Inc (NXT) shares surged 5.32% in pre-market trading on Thursday, as multiple Wall Street analysts raised their price targets following the company's robust financial forecasts for fiscal year 2026.</p>\n\n<p>The solar tracking systems maker saw a flurry of analyst upgrades, with JP Morgan raising its target price to $65 from $61, Jefferies increasing to $63 from $50, and BofA Global Research lifting its price objective to $65 from $55. These upgrades came after Nextracker forecasted fiscal year 2026 revenue and profit above market expectations, signaling strong confidence in the company's growth prospects.</p>\n\n<p>The positive sentiment was further reinforced by additional price target hikes from other prominent firms. Citigroup raised its target to $58 from $51, BMO increased to $59 from $51, and Susquehanna boosted its target to $66 from $54. The average rating for Nextracker remains \"overweight\" with a mean price target of $61.42, according to analysts polled by FactSet. This wave of optimistic analyst revisions underscores the market's growing confidence in Nextracker's ability to capitalize on the expanding solar energy sector.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NXT","symbol_name":"Nextpower","start_time":0,"source_url":"","article_id":"1128773871","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1128773871","pubTimestamp":1747378306,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Nextracker Inc  shares surged 5.32% in pre-market trading on Thursday, as multiple Wall Street analysts raised their price targets following the company's robust financial forecasts for fiscal year 2026.The solar tracking systems maker saw a flurry of analyst upgrades, with JP Morgan raising its target price to $65 from $61, Jefferies increasing to $63 from $50, and BofA Global Research lifting its price objective to $65 from $55. These upgrades came after Nextracker forecasted fiscal year 2026 ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NXT":"Nextpower"},"translate_title":"股票跟踪Nextracker飙升5.32%，分析师因前景强劲而上调目标价","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NXT":1},"content_text":"Nextracker Inc (NXT) shares surged 5.32% in pre-market trading on Thursday, as multiple Wall Street analysts raised their price targets following the company's robust financial forecasts for fiscal year 2026.\nThe solar tracking systems maker saw a flurry of analyst upgrades, with JP Morgan raising its target price to $65 from $61, Jefferies increasing to $63 from $50, and BofA Global Research lifting its price objective to $65 from $55. These upgrades came after Nextracker forecasted fiscal year 2026 revenue and profit above market expectations, signaling strong confidence in the company's growth prospects.\nThe positive sentiment was further reinforced by additional price target hikes from other prominent firms. Citigroup raised its target to $58 from $51, BMO increased to $59 from $51, and Susquehanna boosted its target to $66 from $54. The average rating for Nextracker remains \"overweight\" with a mean price target of $61.42, according to analysts polled by FactSet. This wave of optimistic analyst revisions underscores the market's growing confidence in Nextracker's ability to capitalize on the expanding solar energy sector.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}