Impact of Trump's Administration on Renewable Energy Stocks
Halting New Projects: The Trump administration's recent decision to stop approvals for new solar and wind projects has significantly affected the clean energy market, leading to declines in stock values for companies in this sector.
Affected Companies: BKV Corp., Bloom Energy Corp., and FTC Solar Inc. have all seen their stock values drop, entering the "Hitting Bottom 10%" category in value rankings.
Key Value Ranking Changes
BKV Corp.: The stock's value score plummeted from 72.08 to 9.79, a drop of over 62 points. Despite a year-to-date decline of 0.81%, it has increased by 29.50% over the past year. BKV Energy offers 100% renewable electricity plans.
Bloom Energy: This company's value rating fell from 10.58 to 9.57, indicating a lack of fundamental support. The stock has risen 126.53% year-to-date and 380.40% over the year, maintaining a strong price trend.
FTC Solar: The stock's value score decreased from 11.17 to 10.17, just below the 10th percentile. It has advanced 9.65% year-to-date and is up 190.70% over the year, despite a poor growth ranking.
Political and Economic Factors
Policy Uncertainty: Trump's statements against renewable projects and potential legislative changes to tax incentives for renewables by 2027 have led to increased valuation risks for these companies.
Rising Input Costs: Tariffs on steel and copper are raising input costs for solar manufacturers, further impacting their margins and profitability.
Market Performance
Stock Market Trends: The SPDR S&P 500 ETF Trust (SPY) fell by 0.60% to $645.05, while the Invesco QQQ Trust ETF (QQQ) declined by 1.16% to $570.40, reflecting broader market challenges amidst these developments.
Conclusion
Valuation Risks: BKV Corp., Bloom Energy, and FTC Solar are now viewed as potentially overvalued stocks in the clean energy sector, facing significant challenges due to shifting regulatory and fiscal landscapes in the U.S.
FTCI
$9.57+Infinity%1D
Analyst Views on FTCI
Wall Street analysts forecast FTCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTCI is 11.00 USD with a low forecast of 5.50 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
Wall Street analysts forecast FTCI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FTCI is 11.00 USD with a low forecast of 5.50 USD and a high forecast of 15.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 9.270
Low
5.50
Averages
11.00
High
15.00
Current: 9.270
Low
5.50
Averages
11.00
High
15.00
UBS
Jon Windham
Neutral
maintain
$10
2025-12-02
Reason
UBS
Jon Windham
Price Target
$10
2025-12-02
maintain
Neutral
Reason
UBS analyst Jon Windham raised the firm's price target on FTC Solar to $10 from $5.50 and keeps a Neutral rating on the shares. The firm updated its model following the Q3 earnings report.
Roth Capital
Neutral -> Buy
upgrade
$15
2025-11-17
Reason
Roth Capital
Price Target
$15
2025-11-17
upgrade
Neutral -> Buy
Reason
Roth Capital upgraded FTC Solar to Buy from Neutral with a price target of $15, up from $5.50. The company has shown consistent execution since CEO Yann Brandt took over a year ago, the analyst tells investors in a research note. Since then, FTC Solar has turned things around, delivering four consecutive quarters of top-line growth, a strong 18.5% Q4 gross margin guidance setting a new base, improved its balance sheet with a healthy liquidity position, and has won business with multiple developers, the firm says.
TD Cowen
NULL -> Buy
upgrade
$8
2025-11-13
Reason
TD Cowen
Price Target
$8
2025-11-13
upgrade
NULL -> Buy
Reason
TD Cowen raised the firm's price target on FTC Solar to $12.50 from $8 and keeps a Buy rating on the shares. The firm said they delivered a healthy 3Q25 beat and guided above consensus for 4Q25 while also pointing to positive EBITDA in 2026. The company returned to gross margin positive for the first time since late 2023.
UBS
Neutral
maintain
2025-08-18
Reason
UBS
Price Target
2025-08-18
maintain
Neutral
Reason
UBS raised the firm's price target on FTC Solar to $5.50 from $3.80 and keeps a Neutral rating on the shares. The firm updated its model following the Q2 earnings report. UBS sees an improved medium-term outlook for U.S. utility-scale solar demand, but remains Neutral on FTC Solar given the lack of visibility to positive cash flow, the analyst tells investors in a research note.
About FTCI
FTC Solar, Inc. is a global provider of solar tracker systems, technology, software, and engineering services. Its original two modules-in-portrait (2P) solar tracker system is marketed under the Voyager brand name (Voyager) and its one module-in-portrait (1P) solar tracker system is marketed under the Pioneer brand name (Pioneer). It also has a mounting solution to support the installation and use of U.S.-manufactured thin-film modules. Its primary software offerings include SUNPATH, which helps customers optimize solar tracking for increased energy production, and SUNOPS real-time operations management platform. It assists its U.S. and worldwide clients in site layout, structural design, pile testing and other needs across the solar project development and construction cycle. Its products and services provide tracker solutions for large utility-scale solar and distributed generation projects around the world. It has operations in Australia, China, India, South Africa and Spain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
