Wall Street Analysts See a 42.47% Upside in Nextracker (NXT): Can the Stock Really Move This High?
Portfolio Pulse from
Wall Street analysts predict a 42.47% upside for Nextracker (NXT) based on the mean of their price targets. Despite the historical inaccuracy of this metric, the consensus on increased earnings estimates suggests potential stock growth.
November 25, 2024 | 4:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts predict a 42.47% upside for Nextracker (NXT) based on price targets. Despite past inaccuracies, consensus on earnings estimates suggests potential growth.
The mean of analysts' price targets suggests a significant upside for Nextracker. While historical data shows this metric isn't always reliable, the strong agreement among analysts on raising earnings estimates supports the potential for stock growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100