Shares of NEXTracker Inc (NXT, Financial) surged 22.27% in mid-day trading on Oct 31. The stock reached an intraday high of $41.00, before settling at $39.09, up from its previous close of $31.97. This places NXT 37.27% below its 52-week high of $62.31 and 26.38% above its 52-week low of $30.93. Trading volume was 6,227,117 shares, 218.7% of the average daily volume of 2,847,494.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 27 analysts, the average target price for NEXTracker Inc (NXT, Financial) is $55.79 with a high estimate of $70.00 and a low estimate of $37.21. The average target implies an upside of 42.71% from the current price of $39.09. More detailed estimate data can be found on the NEXTracker Inc (NXT) Forecast page.
Based on the consensus recommendation from 28 brokerage firms, NEXTracker Inc's (NXT, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
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