Company Nextracker Inc.

Equities

NXT

US65290E1010

Renewable Energy Equipment & Services

Real-time Estimate Cboe BZX Other stock markets 20:37:15 09/09/2024 BST			5-day change	1st Jan Change
34.25 ^USD	-1.01%		-7.82%	-26.74%

09-04	Jefferies Initiates Nextracker at Hold With $46 Price Target	MT
08-02	UBS Adjusts Price Target on Nextracker to $67 From $65, Maintains Buy Rating	MT

Business description: Nextracker Inc.

Nextracker Inc. is a provider of integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects. Its products enable solar panels in utility-scale power plants to follow the sunâs movement across the sky and optimize plant performance. Its products include NX Horizon, NX Gemini, TrueCapture, and NX Navigator. Its solutions include Bifacial PV modules, Large Format Modules, and First Solar Series 6 (FSLR6) Modules. NX Horizon is a one-in-portrait (1P) smart solar tracker system that delivers the lowest levelized cost of energy (LCOE). NX Gemini is its two-in-portrait (2P) format tracker which holds two rows of solar panels along the central support beam. TrueCapture is its flagship software offering, which is a self-adjusting tracker control system that uses machine learning to enhance solar power plant energy yield. It has operations in the United States, Brazil, Mexico, Spain, India, Australia, the Middle East and Brazil.

Number of employees: 1,050

Sales by Activity: Nextracker Inc.

Fiscal Period: March	2020	2021	2022	2023	2024
Scientific & Technical Instruments	1.17B	1.2B	1.46B	1.9B	2.5B

See all business segments

Geographical breakdown of sales: Nextracker Inc.

Fiscal Period: March	2020	2021	2022	2023	2024
United States	937M	901M	905M	1.3B	1.7B
Other International	-	168M	364M	308M	516M
Brazil	-	-	188M	296M	281M
Mexico	-	38.74M	-	-	-
Australia	-	87.63M	-	-	-
Rest of The World (ROW)	234M	-	-	-	-

See all geographic segments

Managers: Nextracker Inc.

Director	Title	Age	Since
Nicholas Miller FOU	Founder	55	31/12/12
Marco Garcia FOU	Founder	-	31/12/12
Alexander Au FOU	Founder	-	31/12/12
Daniel Shugar FOU	Founder	61	31/12/12
Tyroan Hardy FOU	Founder	-	31/12/12

See NEXTRACKER INC. governance

Members of the board: Nextracker Inc.

Manager	Title	Age	Since
Daniel Shugar FOU	Founder	61	31/12/12
Howard Wenger PSD	President	64	31/01/22
Brandi Thomas BRD	Director/Board Member	47	24/04/23
Steven Mandel BRD	Director/Board Member	36	31/12/22
Jonathan Coslet BRD	Director/Board Member	59	31/12/22
Willy Shih BRD	Director/Board Member	73	31/12/22
William Watkins CHM	Chairman	71	31/12/22
Julie Blunden BRD	Director/Board Member	58	01-01
Jeffrey Guldner BRD	Director/Board Member	59	06-13

Composition of the Board of Directors

Shareholders: Nextracker Inc.

Name	Equities	%	Valuation
BlackRock Advisors LLC 10.71 %	15,359,462	10.71 %	625 M $
Fidelity Management & Research Co. LLC 9.164 %	13,144,255	9.164 %	535 M $
Vanguard Fiduciary Trust Co. 9.053 %	12,984,867	9.053 %	528 M $
PRIMECAP Management Co. 5.571 %	7,990,923	5.571 %	325 M $
STATE STREET CORPORATION 3.054 %	4,380,130	3.054 %	178 M $

Name	Equities	%	Valuation
TPG Group Holdings (SBS) Advisors, Inc. 9.841 %	8,140,341	9.841 %	331 M $

List of NEXTRACKER INC. shareholders

Company details: Nextracker Inc.

Nextracker, Inc.

6200 Paseo Padre Parkway

94555, Fremont

http://www.nextracker.com

Photovoltaic Solar Systems & Equipment

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Change	5d. change	1-year change	3-years change	Capi. ($)
NEXTRACKER INC.	-1.01%	-7.82%	-19.70%	-	4.96B
FIRST SOLAR, INC.	-1.11%	-3.08%	+14.95%	+108.49%	22.34B
ENPHASE ENERGY, INC.	-5.24%	-8.56%	-15.51%	-36.02%	14.71B
LONGI GREEN ENERGY TECHNOLOGY CO., LTD.	-1.63%	-3.62%	-49.43%	-77.99%	14.45B
TONGWEI CO.,LTD	-0.78%	-0.26%	-38.98%	-65.60%	12.14B
JINKO SOLAR CO., LTD.	-0.44%	-5.15%	-32.81%	-	9.67B
PREMIER ENERGIES LIMITED	+10.27%	0.00%	-	-	5.89B
CSI SOLAR CO., LTD.	-0.57%	-0.19%	-25.49%	-	5.52B
XINJIANG DAQO NEW ENERGY CO.,LTD.	-0.06%	-2.04%	-55.52%	-77.07%	5.35B
FLAT GLASS GROUP CO., LTD.	-4.95%	-2.26%	-43.76%	-72.70%	5.14B
Average	-0.54%	-4.14%	-29.58%	-36.81%	10.02B
Weighted average by Cap.	-1.11%	-4.86%	-22.90%	-11.01%