
Nextpower Inc.
NXT · NASDAQ · Technology / Solar
Price History
Full chartMarket Stats
About
Nextpower Inc. provides solar and energy technology solutions for utility-scale power plants in the United States and internationally. It offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. The company also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor and NX Earth Truss, a solar foundation technology to facilitate solar project development in challenging soil conditions; Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. It serves engineering, procurement, and construction firms, as well as solar project developers and owners. The company was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
Company Details
- SectorTechnology
- IndustrySolar
- CEOMr. Daniel S. Shugar
- Employees1.99K
- Headquarters6200 Paseo Padre Parkway, Fremont, CA, United States, 94555, USA
- Websitehttps://www.nextpower.com
Leadership
- Mr. Daniel S. ShugarCo-Founder, CEO & Director · b. 1964
- Mr. Howard J. WengerDirector & President · b. 1960
- Mr. Nicholas MillerCo-Founder & Chief Project Development Officer · b. 1969
- Mr. Charles D. BoyntonChief Financial Officer · b. 1968
- Mr. Marco GarciaCo-Founder & Chief Commercial Officer
- Mr. Alex AuCo-Founder & CTO
- Mr. Mike MehawichCo-Founder & Chief Strategy Officer
- Mr. Robert VinjeChief Operating Officer · b. 1970
- Mr. David P. BennettChief Accounting Officer · b. 1970
- Ms. Sarah LeeHead of Investor Relations
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy19
- Buy7
- Hold2
- Sell1
Ownership Breakdown
- Institutions
- 109.88%
- Insiders
- 0.65%
- Retail / Other
- 0.00%
Top Institutional Holders
- BlackRock Inc21.14M14.04%
- FMR Inc18.75M12.45%
- PRIMECAP Management Company6.69M4.44%
- Vanguard Capital Management, LLC6.50M4.32%
- Vanguard Portfolio Management, LLC5.96M3.96%
- Amvescap Plc.4.87M3.23%
- State Street Corp4.74M3.15%
- Wellington Management Company LLP3.43M2.28%
- Geode Capital Management, LLC3.42M2.27%
- Fundsmith LLP2.86M1.90%
- Pictet Asset Manangement SA2.56M1.70%
- T. Rowe Price Associates, Inc.2.46M1.63%
Top Fund Holders
- iShares Core S&P Mid-Cap ETF5.45M3.62%
- Vanguard MStar Total Stk Mkt Idx Invest4.60M3.06%
- First Trust RBA Amer Indl RenaisTM ETF3.29M2.19%
- Vanguard Small Cap Index3.24M2.15%
- Fidelity OTC3.16M2.10%
- iShares Global Clean Engy Trns ETF $Dist3.02M2.00%
- BGF Sustainable Energy A22.91M1.93%
- Vanguard Capital Opportunity Inv2.68M1.78%