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Analysts’ Opinions Are Mixed on These Technology Stocks: NEXTracker, Inc. Class A (NXT), Daqo New Energy (DQ) and Endava (DAVA)

Tipranks - Tue May 20, 2025

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on NEXTracker, Inc. Class A (NXTResearch Report), Daqo New Energy (DQResearch Report) and Endava (DAVAResearch Report).

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NEXTracker, Inc. Class A (NXT)

Wells Fargo analyst Praneeth Satish maintained a Buy rating on NEXTracker, Inc. Class A today and set a price target of $71.00. The company’s shares closed last Friday at $59.31, close to its 52-week high of $62.31.

Satish has an average return of 18.1% when recommending NEXTracker, Inc. Class A. ;'>

According to TipRanks.com, Satish is ranked #1312 out of 9558 analysts.

Currently, the analyst consensus on NEXTracker, Inc. Class A is a Strong Buy with an average price target of $63.00, which is a 4.7% upside from current levels. In a report issued on May 14, RBC Capital also maintained a Buy rating on the stock with a $65.00 price target.

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Daqo New Energy (DQ)

In a report issued on May 15, Alan Hon from J.P. Morgan maintained a Buy rating on Daqo New Energy, with a price target of $24.70. The company’s shares closed last Friday at $14.59, close to its 52-week low of $13.62.

Hon has an average return of 26.3% when recommending Daqo New Energy. ;'>

According to TipRanks.com, Hon is ranked #564 out of 9558 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Daqo New Energy with a $18.38 average price target.

Endava (DAVA)

Endava received a Hold rating and a $18.00 price target from J.P. Morgan analyst Puneet Jain on May 15. The company’s shares closed last Friday at $15.07.

According to TipRanks.com, Jain is ranked 0 out of 5 stars with an average return of -9.3% and a 33.7% success rate. Jain covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Grid Dynamics Holdings, and Exlservice Holdings. ;'>

Currently, the analyst consensus on Endava is a Moderate Buy with an average price target of $18.83, representing a 27.1% upside. In a report issued on May 14, TD Cowen also downgraded the stock to Hold with a $17.00 price target.

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