From Financial Modeling Prep: 2025-05-13 16:00:00

Nextracker Inc. (NASDAQ:NXT) is a key player in the solar energy sector, providing innovative solar tracker solutions for photovoltaic projects. Analysts have adjusted the consensus price target for Nextracker from $56.67 to $49 over the last year, signaling changing expectations. However, analyst Ameet Thakkar from BMO Capital remains confident with a higher price target of $69.

Despite the decrease in the consensus price target, Nextracker is anticipated to release its financial results for the fourth quarter of fiscal year 2025 on May 14, 2025. While the company may not have all the ideal factors for an earnings beat, there is potential to surpass quarterly earnings estimates. Investors can access a live webcast of the conference call to discuss these results.



Read more at Financial Modeling Prep:: Nextracker Inc. (NASDAQ:NXT) Analyst Expectations …