Nextracker (NXT) News Today

Nextracker Inc. (NASDAQ:NXT) shares have climbed on a series of bullish analyst moves, raised earnings estimates and project wins, offsetting some late-July profit-taking after its earnings report. Below are the key catalysts influencing the stock today:

• Positive Sentiment: Zacks upgraded NXT to a #1 (Strong Buy), citing growing optimism around the company’s earnings outlook Nextracker (NXT) Upgraded to Strong Buy: What Does It Mean for the Stock?
• Positive Sentiment: NXT exceeded consensus on its latest quarterly results, prompting analysts to lift their estimates Results: Nextracker Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
• Positive Sentiment: Roth Capital increased Q1 2027 EPS forecasts to $0.90 (from $0.79), reiterated its “Buy” rating and raised its price target to $80 Roth Capital Q1 2027 Estimates Raised
• Positive Sentiment: Wells Fargo boosted its price target to $72 and maintained an “Overweight” stance Nextracker (NASDAQ:NXT) Price Target Raised to $72.00 at Wells Fargo & Company
• Positive Sentiment: Bank of America lifted its target to $69 and kept a “Buy” rating, citing strong long-term demand drivers Bank of America Forecasts Strong Price Appreciation for Nextracker (NASDAQ:NXT) Stock
• Positive Sentiment: Seeking Alpha highlights NXT as a buy based on upgraded guidance, growth trajectory and valuation Nextracker: Buy This Solar Tech Leader On Its Upgraded Guidance, Growth, And Valuation
• Positive Sentiment: Nextracker’s NX Horizon trackers were selected for PPC’s Oricheio Ptolemaida solar project in Greece Nextracker Inc. (NXT) NX Horizon Solar Trackers Selected for Oricheio PPC Ptolemaida Project
• Neutral Sentiment: TD Cowen raised its target to $65 but kept a “Hold” rating, reflecting cautious optimism on valuation TD Cowen Forecasts Strong Price Appreciation for Nextracker (NASDAQ:NXT) Stock
• Neutral Sentiment: Zacks explored whether NXT remains a buy as analysts turn uniformly positive, underscoring the weight of broker recommendations Is Nextracker (NXT) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: Northland Capmk cut its rating to “Hold” from “Strong Buy” Northland Capmk Downgrades Nextracker (NASDAQ:NXT) to Hold
• Negative Sentiment: Northland Securities lowered its rating to “Market Perform” from “Outperform” Northland Securities Downgrades Nextracker (NASDAQ:NXT) to Market Perform
• Negative Sentiment: Shares plunged about 9.3% as investors priced in post-earnings uncertainty Nextracker (NXT) Sheds 9.3% as Investors Price In Earnings
• Negative Sentiment: Shares were down 7.7% amid broader market pressure and profit-taking Nextracker (NASDAQ:NXT) Shares Down 7.7% - Here’s What Happened