NEXT (LON:NXT) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

NEXT plc (LON:NXT) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of £133.92 and traded as high as £146.95. NEXT shares last traded at £146.30, with a volume of 26,374,754 shares.

More NEXT News

Here are the key news stories impacting NEXT this week:

• Positive Sentiment: Shares moved above the 200-day moving average, a bullish technical signal that can draw in traders and support further upside. NEXT (LON:NXT) Stock Passes Above 200-Day Moving Average – Time to Sell?
• Neutral Sentiment: Recent articles mentioning “NXT” were about WWE NXT storylines, including a title street fight, Reina Volcan’s in-ring debut, and upcoming match announcements; these do not appear to have any direct business impact on NEXT plc. Why Naraku and Tony D’Angelo in a Street Fight on NXT is Necessary NXT Title Street Fight, Reina Volcan’s TV In-Ring Debut, Nattie vs. Jaida Parker, More Set For 7/21 WWE NXT WWE Star Retains NXT Gold After Planned Title Match Was Scrapped WWE confirms Kendal Grey’s next title challenger on NXT WWE NXT preview (7/14/26): Start time, match card, how to watch & live stream Reina Volcan’s WWE NXT in-ring debut announced Great American Bash title rematch, Reina Volcan in-ring debut set for next WWE NXT WWE Confirms Kendal Grey’s Next Title Challenger On NXT WWE Confirms NXT Championship Street Fight For Next Week

Wall Street Analyst Weigh In

Several research firms recently issued reports on NXT. Shore Capital Group restated a “buy” rating on shares of NEXT in a research report on Wednesday, May 6th. Berenberg Bank reiterated a “buy” rating and issued a £180 target price on shares of NEXT in a report on Friday, May 15th. UBS Group reissued a “buy” rating and issued a £152 price target on shares of NEXT in a research note on Wednesday, March 25th. Finally, Citigroup cut their price target on shares of NEXT from £135.42 to £132 and set a “neutral” rating for the company in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of £140.97.

NEXT Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.76 and a debt-to-equity ratio of 108.79. The company has a market cap of £17.13 billion, a price-to-earnings ratio of 20.13, a PEG ratio of 5.66 and a beta of 1.04. The stock’s 50-day simple moving average is £137.93 and its 200 day simple moving average is £134.01.

Insider Activity at NEXT

In other news, insider Amy Stirling bought 375 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were bought at an average price of £133.06 per share, with a total value of £49,897.50. Also, insider Jonathan Blanchard sold 18,012 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of £148.02, for a total value of £2,666,136.24. 1.66% of the stock is currently owned by company insiders.

About NEXT

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.