Analysts predict NXT shares will perform weakly in 2023

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nextracker Inc shares valued at $391,275 were sold by Wenger Howard on Sep 29 ’25. At $75.00 per share, Wenger Howard sold 5,217 shares. The insider’s holdings dropped to 409,039 shares worth approximately $30.93 million following the completion of this transaction.

Also, Wenger Howard purchased 5,217 shares, netting a total of over 391,275 in proceeds.

Before that, BOYNTON CHARLES D had sold 4,500 shares from its account. In a trade valued at $302,445, the Chief Financial Officer traded Nextracker Inc shares for $67.21 each. Upon closing the transaction, the insider’s holdings decreased to 4,500 shares, worth approximately $22.31 million.

As published in their initiating research note from Deutsche Bank on September 30, 2025, Nextracker Inc [NXT] has been a Buy and the price target has been revised to $88. Analysts at Guggenheim upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid August. As of July 30, 2025, TD Cowen has reiterated its “Hold” rating for NXT. Earlier on July 30, 2025, Northland Capital downgraded its rating. Their new recommendation was “a Market perform” for NXT stock which previously was a “an Outperform”.

Analyzing NXT Stock Performance

On last trading session, Nextracker Inc [NASDAQ: NXT] rose 2.20% to $75.62. The stock’s lowest price that day was $73.07, but it reached a high of $76.055 in the same session. During the last five days, there has been a surge of approximately 3.93%. Over the course of the year, Nextracker Inc shares have jumped approximately 94.40%. Shares of the company reached a 52-week high of $77.79 on 09/30/25 and a 52-week low of $36.06 on 04/09/25.

Support And Resistance Levels for Nextracker Inc (NXT)

According to the 24-hour chart, there is a support level at 73.78, which, if violated, would cause prices to drop to 71.93. In the upper region, resistance lies at 76.76. The next price resistance is at 77.90. RSI (Relative Strength Index) is 63.68 on the 14-day chart, showing neutral technical sentiment.

Is Nextracker Inc subject to short interest?

Stocks of Nextracker Inc saw a sharp rise in short interest on 2025-09-15 jumping by 0.76 million shares to 8.73 million. Data from Yahoo Finance shows that the short interest on 2025-08-15 was 7.97 million shares. A jump of 8.73% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.73 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.73.

Which companies own the most shares of Nextracker Inc (NXT)?

In terms of Nextracker Inc share price expectations, FactSet research, analysts set an average price target of 67.5 in the next 12 months, down nearly -8.77% from the previous closing price of $73.99. Analysts anticipate Nextracker Inc stock to reach 88 by 2025, with the lowest price target being 49. In spite of this, 17 analysts ranked Nextracker Inc stock as Buy at the end of 2025. On July 14, 2025, Mizuho assigned a price target of “a Neutral” to the stock and downgraded coverage with a $65.

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