FTC Solar (FTCI)

• Market cap: $36.3M
• 1 day: -6.73%
• 5 days: 11.15%
• 1 month: 11.15%
• 3 months: -18.62%
• 6 months: -40.37%
• Year to date: -44.04%
• 1 year: -30.65%
• 5 years: -97.76%
• 10 years: -97.76%
• Sector: Technology
• Industry: Solar

About: FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.

Employees: 202

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

12% more call options, than puts

Call options by funds: $29K | Put options by funds: $26K

3.73% less ownership

Funds ownership: 9.09% [Q3] → 5.35% (-3.73%) [Q4]

51% less funds holding

Funds holding: 53 [Q3] → 26 (-27) [Q4]

53% less capital invested

Capital invested by funds: $7.87M [Q3] → $3.72M (-$4.14M) [Q4]

86% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 28

95% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 20

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3 6% downside
• Avg. target: $3.83 20% upside
• High target: $5 57% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

HC Wainwright & Co. Amit Dayal 23% 1-year accuracy 28 / 121 met price target	57% upside $5	Buy Maintained	8 Apr 2025
UBS Jon Windham 31% 1-year accuracy 8 / 26 met price target	10% upside $3.50	Neutral Maintained	2 Apr 2025
Roth MKM Philip Shen 13% 1-year accuracy 2 / 15 met price target	6% downside $3	Neutral Maintained	1 Apr 2025