Whether you’ve been watching Next PLC shares for years or just spotted the ticker on your trading app, the retailer keeps growing while half its peers struggle—a track record that demands closer inspection. The NXT.L share price has carved out a distinctive path on the London Stock Exchange, and here’s what the latest data shows.

52-week high: 14,635.00p (Stockopedia) · 52-week low: 11,210.00p (London South East) · Trading range: 3,425.00p · Exchange: LSE · Ticker: NXT.L

Quick snapshot

1Confirmed facts
  • Market cap stands at 15.43B GBp (eToro)
  • P/E ratio of 17.71 with TTM EPS at 6.60 (eToro)
  • 19-analyst consensus rates Next as “Buy” (Investing.com)
2What’s unclear
  • Near-term price direction amid sector headwinds (Stockopedia)
  • Whether recent underperformance signals buying opportunity or warning (Stockopedia)
  • Impact of consumer spending pressures on next quarterly results (Stockopedia)
3Timeline signal
4What’s next
  • Average analyst 12-month target sits at 14,774.21p (Stockopedia)
  • Range spans 12,800p to 18,000p across 19 analysts (Investors Chronicle)
  • Earnings growth forecast at 6% per annum (Simply Wall St)

Key metrics for NXT.L show a stock trading near the midpoint of its annual range, with analyst targets suggesting modest upside from current levels.

Metric Value
Ticker NXT.L
Exchange London Stock Exchange
52-week high 14,635.00p (Stockopedia)
52-week low 11,210.00p (London South East)
Analyst consensus target 14,774.21p (Stockopedia)
Company site nextplc.co.uk

What is the Next share price today?

The most recent NXT.L quote from mid-April 2026 showed the share price at approximately 13,505.00p, with intraday moves that day registering a modest +0.48% shift (Stockopedia). Live quotes from eToro put the price in a similar range of 13,335.00p to 13,460.00p, with a -1.11% change over the preceding 24 hours and no net movement over the previous week (eToro). These figures are delayed quotes rather than real-time exchange data, so the exact price at any given moment will depend on the platform used.

Live price updates

For UK investors tracking NXT.L, platforms like eToro and Stockopedia aggregate the London Stock Exchange data into usable dashboards. The market cap currently sits at 15.43B GBp, with 116.18 million shares outstanding (Stock Analysis). Average 3-month trading volume runs around 493,966.9 shares, indicating decent liquidity for larger retail or institutional positions.

The upshot

NXT.L trades in a defined range between 11,210.00p and 14,635.00p over the past year. The recent quote near 13,440p sits comfortably in the middle, neither stretched toward the highs nor close to the lows.

Recent trades

The share has shown a beta of -0.01 according to eToro data, suggesting remarkably low volatility relative to the broader market (eToro). Revenue for the trailing twelve months came in at 6.40B, up 9.7% year-on-year, though net income slipped 1.3% to 792.70M (Stock Analysis). The combination of rising sales with contracting profits warrants attention, particularly for investors focused on margins.

Are Next shares a good buy?

The 19 analysts tracked by Investing.com assign a consensus rating of “Buy” to Next shares, with 9 recommending a buy position, 10 opting for hold, and zero sell ratings. That balance sits comfortably on the constructive side, though the absence of strong buy conviction among a majority of analysts suggests caution rather than enthusiasm.

Analyst ratings

The picture from individual platforms shows some variation. Stockopedia places the analyst consensus target at 14,774.21p, representing a 9.93% upside from recent closes. Investors Chronicle reports a median target of 15,000 GBX from 19 analysts, with extremes ranging from 18,000p to 12,800p. TradingView similarly shows a target of 14,797.09 GBX, with maximum and minimum values of 18,000 and 13,030 respectively.

Why this matters

The spread between the highest and lowest price targets—roughly 5,200p—reflects genuine disagreement among professionals about Next’s trajectory. Investors should weigh whether the consensus “Buy” rating adequately accounts for this uncertainty.

Price targets

The average 12-month price target across major platforms sits around 14,786.3p according to Investing.com, with a high estimate of 18,000p and a low of 13,030p. Alpha Spread calculates a slightly higher average of 15,069.69 GBX, while eToro’s analyst target of 16,000.00p sits above the consensus. Simply Wall St estimates next fiscal year EPS at £7.86.

The implication: analysts see meaningful upside—roughly 10-15% from recent levels—but the range of targets indicates that not everyone shares that optimism.

Is Next stock a buy or sell?

For UK investors weighing NXT.L, the decision hinges on what you prioritise. Next offers the stability of a large-cap FTSE 100 constituent, solid brand recognition, and a market cap around £16.25bn (Stockopedia). Against that, the stock underperformed the FTSE All Share by 10% over the past year—a meaningful headwind for holders who benchmark against broader market returns (Stockopedia).

Upsides

  • Consensus “Buy” rating from 19 analysts
  • Analyst targets suggest 10-15% upside from current levels
  • +44% outperformance versus FTSE 100 in 2025
  • Revenue growing at 9.7% year-on-year
  • Forecast return on equity of 45.3% in 3 years

Downsides

  • Underperformed FTSE All Share by 10% over past year
  • Net income contracted 1.3% despite revenue growth (Stock Analysis)
  • Earnings growth forecast (6%) lags UK market average (12.4%) (Simply Wall St)
  • Wide divergence in analyst price targets signals uncertainty
  • Low beta suggests limited upside momentum

The pattern: investors who prioritise stability over growth will find NXT.L fits better than those hunting explosive returns, given the divergence between revenue strength and margin pressure.

Market position

Next occupies a distinctive space in UK retail: premium-positioned brands, extensive online operations, and a property portfolio that other pure-play e-commerce competitors cannot match. The P/E ratio of 17.71 (or 18.6x per Investing.com) sits in middle-ground territory—neither cheap nor expensive by sector standards.

What this means: Next is neither a speculative growth story nor a value trap. It is a retailer whose share price movements depend heavily on consumer confidence, margin management, and execution rather than sector momentum.

Why have Next shares gone up?

The trajectory of NXT.L over the past 18 months tells a story of recovery. The 52-week low of 11,210.00p arrived on 25 July 2024 (London South East), and the stock has since clawed back ground to trade comfortably above that floor. The 2025 calendar year brought a standout +44% return versus the FTSE 100 benchmark, a stark contrast to the underperformance against the FTSE All Share that characterised the preceding twelve months (Stock Analysis).

Key drivers

Several factors underpin the revival. Revenue CAGR over the past 13 years averaged 5%, with analysts projecting 8% growth over the next three years per Alpha Spread. The earnings growth forecast of 6% per annum from Simply Wall St outpaces the UK savings rate but trails broader market expectations. Strong cash generation and a resilient full-price sell-through rate have kept the balance sheet healthy despite margin pressures.

What to watch

The gap between revenue growth (+9.7%) and net income decline (-1.3%) points to cost headwinds that could either stabilise or worsen depending on supplier negotiations and pricing strategy. Investors should track quarterly margin commentary closely.

News events

Beyond price data, the narrative around Next has been shaped by its ability to navigate UK retail’s structural shift toward online shopping. The company has invested heavily in its digital infrastructure and Total Platform business, which supplies third-party brands through Next’s e-commerce system. Forecast return on equity of 45.3% in three years, according to Simply Wall St, reflects confidence in this model’s profitability.

The catch: Next shares have recovered because the market sees a credible path to continued earnings growth, not because of speculative momentum. That distinction matters for investors deciding when to enter.

What is the Next share price forecast?

Analyst forecasts paint a constructive but measured picture. The average 12-month target of 14,786.3p from Investing.com implies roughly 10% upside from recent levels, while Stockopedia calculates 14,774.21p as the consensus target—a figure corroborated across five independent sources. The spread of estimates, from 12,800p to 18,000p, reflects both upside scenarios tied to margin recovery and downside risks tied to consumer spending pressure.

Analyst predictions

The divergence between platforms deserves attention. eToro shows an analyst target of 16,000.00p—above the consensus. Alpha Spread and TradingView align closely with the 14,800-15,000p range. Investors Chronicle reports the median target at 15,000 GBX from 19 analysts, with +10.95% upside from 13,520p.

EPS growth is forecast at 7.2% per annum, with revenue expansion of 5% annually per Simply Wall St. The fiscal year EPS estimate stands at £7.86 according to Stockopedia.

UK-specific outlook

UK investors face context that international readers may miss. The FTSE 100 composition means Next’s weight in index funds creates automatic demand. The earnings growth forecast of 6% sits above the UK’s current savings rate of 3.2% but trails the market average of 12.4% per Simply Wall St. This places Next in a middle category: not a value play, not a growth story, but a steady operator in a challenging sector.

Bottom line: Next shares offer solid fundamental backing and analyst consensus pointing toward modest upside. UK investors seeking income stability and defensive retail exposure may find NXT.L fits the bill. Growth-focused investors expecting sector-beating returns should look elsewhere.

Next Share Price Timeline

Period Event
25-Jul-2024 52-week low of 11,210.00p reached (London South East)
2025 NXT.L outperformed FTSE 100 by +44% (Stock Analysis)
17 Apr 2026 Forecasts last updated by analysts (Simply Wall St)
20 Apr 2026 Stock price quoted at 13,505.00p (+0.48%) (Stockopedia)
Recent Trading in 13,335.00p–13,460.00p range (eToro)

What analysts are saying

The analyst consensus target price for shares in Next is 14,774.21p. That is 9.93% above the last closing price.

— Stockopedia (Financial Data Provider)

The consensus rating for Next is ‘Buy’, based on insights from 19 analysts.

— Investing.com (Financial Platform)

NEXT is forecast to grow earnings and revenue by 6% and 5% per annum respectively.

— Simply Wall St (Analyst Platform)

What we know — and what we don’t

Confirmed

  • Historical price ranges from LSE data
  • Live quotes from major platforms
  • 19-analyst consensus rating of “Buy”
  • Revenue growth outpacing net income growth
  • 52-week range confirmed across multiple sources

Unclear

  • Direction of next quarterly earnings
  • Impact of potential consumer spending slowdown
  • Whether recent underperformance will continue
  • Timing of any price target achievement

Summary

Next PLC shares sit in a distinctive position for UK investors: trading above their 52-week low but well below the 52-week high, with analyst consensus pointing toward modest further upside. The stock offers defensive characteristics in a volatile sector, and the 19-analyst “Buy” consensus provides a data-backed case for constructive positioning. Against that, the underperformance versus the FTSE All Share over the past year and the divergence between analyst targets warn against blind enthusiasm. UK investors who prioritise income stability and brand resilience over explosive growth will find NXT.L worth monitoring at current levels.

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Frequently asked questions

What factors affect Next share price?

Consumer spending patterns in the UK, margin performance, online sales growth, and broader retail sector sentiment all influence NXT.L movements. The company also faces currency exposure through its international sourcing and any shifts in the FTSE 100 composition.

How to buy Next shares in the UK?

NXT.L trades on the London Stock Exchange and can be purchased through any UK-regulated broker offering LSE access, including Hargreaves Lansdown, Interactive Investor, Halifax, or eToro. Simply search for the NXT ticker or “Next plc” on your platform of choice.

What is Next plc’s market cap?

The market capitalisation of Next plc stands at approximately 15.43 billion GBp (roughly £16.25bn), classifying it as a large-cap stock on the LSE. Sources vary slightly on precise figures due to different calculation dates.

Are there dividends for Next shares?

Next plc does pay dividends, with a yield around 0.02% based on recent data. Investors seeking high income should look elsewhere, but the dividend provides modest returns alongside potential capital appreciation.

What news impacts Next stock today?

Trading updates, half-year and full-year results, any changes to analyst coverage, and broader UK retail sector news can all move NXT.L. Monitoring platforms like Stockopedia, Investing.com, and the London Stock Exchange website provides timely updates.

How does Next compare to retail peers?

Next’s +44% outperformance versus the FTSE 100 in 2025 distinguishes it from many UK retailers. However, the P/E ratio of 17-18x sits in line with or slightly above comparable peers, reflecting the market’s confidence in Next’s execution.

Is Next a FTSE 100 company?

Yes, Next plc is a constituent of the FTSE 100 index. Its weight in the index means it receives automatic demand from index-tracking funds, providing a structural floor beneath the share price.