FTCI icon

FTC Solar

3.37 USD
+0.07
2.12%
At close May 9, 4:00 PM EDT
1 day
2.12%
5 days
6.31%
1 month
27.65%
3 months
-1.17%
6 months
-35.32%
Year to date
-40.88%
1 year
-38.73%
5 years
-97.64%
10 years
-97.64%
 

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

0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 3 analysts

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
$3.50
4%
upside
Avg. target
$4
19%
upside
High target
$5
48%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Roth MKM
Philip Shen
23% 1-year accuracy
3 / 13 met price target
4%upside
$3.50
Neutral
Maintained
2 May 2025
HC Wainwright & Co.
Amit Dayal
25% 1-year accuracy
29 / 114 met price target
48%upside
$5
Buy
Maintained
8 Apr 2025
UBS
Jon Windham
32% 1-year accuracy
8 / 25 met price target
4%upside
$3.50
Neutral
Maintained
2 Apr 2025

Financial journalist opinion

Based on 4 articles about FTCI published over the past 30 days

Neutral
Seeking Alpha
1 week ago
FTC Solar, Inc. (FTCI) Q1 2025 Earnings Call Transcript
FTC Solar, Inc. (FTCI) Q1 2025 Earnings Call Transcript
FTC Solar, Inc. (FTCI) Q1 2025 Earnings Call Transcript
Negative
Zacks Investment Research
1 week ago
FTC Solar (FTCI) Reports Q1 Loss, Tops Revenue Estimates
FTC Solar (FTCI) came out with a quarterly loss of $0.84 per share versus the Zacks Consensus Estimate of a loss of $0.67. This compares to loss of $0.90 per share a year ago.
FTC Solar (FTCI) Reports Q1 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 week ago
FTC Solar Announces First Quarter 2025 Financial Results
First quarter revenue of $20.8 million, up 58% q/q, above target Cost efficiencies drive operating expenses to multi-year low Seeing increased customer interest and activity including bid activity up 60% y/y Upsized promissory note offering expected to close in Q2 Strengthened Board of Directors with addition of two new members AUSTIN, Texas, May 01, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the first quarter that ended March 31, 2025. “We're pleased to report first quarter results which were ahead of target mid-points on all metrics,” said Yann Brandt, President and Chief Executive Officer of FTC Solar.
FTC Solar Announces First Quarter 2025 Financial Results
Neutral
GlobeNewsWire
2 weeks ago
FTC Solar to Announce First Quarter 2025 Financial Results Thursday, May 1, 2025
AUSTIN, Texas, April 24, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its first quarter 2025 financial results before market open on Thursday, May 1, 2025. A conference call for members of the investment community will be held at 8:30 a.m.
FTC Solar to Announce First Quarter 2025 Financial Results Thursday, May 1, 2025
Neutral
Seeking Alpha
1 month ago
FTC Solar, Inc. (FTCI) Q3 2024 Earnings Call Transcript
FTC Solar, Inc. (NASDAQ:FTCI ) Q4 2024 Earnings Conference Call March 31, 2025 9:00 AM ET Company Participants Yann Brandt - President & CEO Cathy Behnen - CFO Patrick Cook - Head of Capital Markets and BD Bill Michalek - VP, IR Conference Call Participants Philip Chen - Roth Capital Partners Jeff Osborne - TD Cowen Operator Good day, and thank you for standing by. Welcome to the FTC Solar Fourth Quarter 2024 Earnings Conference Call.
FTC Solar, Inc. (FTCI) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
FTC Solar (FTCI) Reports Q4 Loss, Tops Revenue Estimates
FTC Solar (FTCI) came out with a quarterly loss of $0.80 per share versus the Zacks Consensus Estimate of a loss of $0.83. This compares to loss of $0.80 per share a year ago.
FTC Solar (FTCI) Reports Q4 Loss, Tops Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
FTC Solar Announces Fourth Quarter 2024 Financial Results
Fourth quarter revenue of $13.2 million, at the high end of our prior target Entered into 5-gigawatt supply arrangement with Recurrent Energy Awarded 330+ megawatt project in Australia from GPG Naturgy Awarded 280-megawatt project in U.S. from Rosendin Appointed industry veteran Kent James as U.S. Chief Commercial Officer Received additional $3.2 million earn-out on prior investment post quarter end Announced upsizing of promissory note offering for up to additional $10-$15 mil. to close in Q2 AUSTIN, Texas, March 31, 2025 (GLOBE NEWSWIRE) --  FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced financial results for the fourth quarter that ended December 31, 2024.
FTC Solar Announces Fourth Quarter 2024 Financial Results
Neutral
GlobeNewsWire
1 month ago
FTC Solar to Announce Fourth Quarter and Full Year 2024 Financial Results Monday, March 31, 2025
AUSTIN, Texas, March 24, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its fourth quarter and full year 2024 financial results before market open on Monday, March 31, 2025.
FTC Solar to Announce Fourth Quarter and Full Year 2024 Financial Results Monday, March 31, 2025
Negative
CNBC
1 month ago
FTC commissioner fired by Trump says her ouster should concern markets
One of the two Democratic commissioners at the Federal Trade Commission whom President Donald Trump abruptly fired this week warned that her ouster could erode market stability. "If I can be fired, I don't know why Jerome Powell can't be fired," former commissioner Rebecca Kelly Slaughter said on CNBC, hours before the Federal Reserve's latest decision on interest rates.
FTC commissioner fired by Trump says her ouster should concern markets
Neutral
GlobeNewsWire
5 months ago
FTC Solar Announces Closing of Promissory Note Private Placement
AUSTIN, Texas, Dec. 04, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, today announced that it has closed a previously announced private placement of senior secured promissory notes (the “Notes”) in an aggregate principal amount of fifteen million dollars ($15,000,000) and warrants (the “Warrants”). The offering closed on December 4, 2024.
FTC Solar Announces Closing of Promissory Note Private Placement
Charts implemented using Lightweight Charts™