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FTCI Overview

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0.000(0.000%)Aft-market
ET
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ET
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Intellectia

Loading chart...

High
5.050
Open
4.975
VWAP
4.86
Vol
56.46K
Mkt Cap
76.29M
Low
4.750
Amount
274.20K
EV/EBITDA(TTM)
--
Total Shares
15.54M
EV
77.78M
EV/OCF(TTM)
--
P/S(TTM)
0.69
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.
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Events Timeline

(ET)
2026-03-10
08:40:00
FTC Solar Signs 1,000MW Expansion Agreement with Strata Clean Energy
select
2026-03-05 (ET)
2026-03-05
08:00:00
FTC Solar Reports Q4 Revenue of $32.9M
select
2026-03-05
08:00:00
Company Expects 8% Year-over-Year Revenue Growth in Q1 2026
select
2026-02-23 (ET)
2026-02-23
08:10:00
FTC Solar Signs Three-Year Supply Agreement with Lubanzi for Approximately 840 Megawatts
select
2025-12-15 (ET)
2025-12-15
08:10:00
FTC Solar Appoints Anthony Carroll to Board of Directors
select

News

seekingalpha
7.5
03-10seekingalpha
FTC Solar Signs 1 GW Tracker Supply Expansion with Strata Clean Energy
  • Long-Term Partnership: FTC Solar has signed a five-year, 1 GW expansion agreement with Strata Clean Energy, set to take effect in H2 2027, which will further solidify FTC Solar's position in the U.S. market amid rapid growth in the renewable energy sector.
  • Supply Agreement Context: Previously, FTC Solar entered a three-year, 500 MW supply agreement with Strata, becoming their preferred supplier of 2P solar trackers, showcasing FTC Solar's advantages in technology and customer support, thereby enhancing its market competitiveness.
  • Positive Customer Feedback: Strata CEO Markus Wilhelm noted that using FTC trackers has resulted in significant labor efficiencies and cost savings, and their products are easy to install, reflecting FTC Solar's ongoing commitment to innovation and customer support, which boosts customer satisfaction.
  • International Market Expansion: FTC Solar has also signed an 840 MW supply agreement with South African firm Lubanzi Inala, set to commence in mid-2026, indicating the company's strategy to expand in global markets and capitalize on the growing demand for renewable energy internationally.
Benzinga
7.5
03-10Benzinga
FTC Solar Expands Supply Agreement with Strata Clean Energy
  • Agreement Expansion: FTC Solar has signed a five-year, 1,000MW solar tracker supply agreement with Strata Clean Energy, marking a deepening of their partnership after completing the initial 500MW project ahead of schedule, with the first project expected to commence in the second half of 2027, enhancing FTC Solar's competitive edge in the clean energy market.
  • Innovative Product Advantage: CEO Yann Brandt emphasized that FTC Solar's product portfolio includes the fastest and easiest-to-install trackers in the market, and the ongoing focus on innovation and customer support is expected to enhance customer satisfaction, driving the success of future projects.
  • Significant Cost Efficiency: Strata's CEO Markus Wilhelm noted that using FTC trackers has resulted in meaningful labor efficiencies and cost savings, indicating that FTC Solar's products provide high economic value in practical applications, further solidifying its market position.
  • Market Reaction Analysis: Although FTC Solar's stock fell 1.33% to $4.45 in premarket trading on Tuesday, analysts generally maintain a 'Buy' rating, reflecting a cautiously optimistic outlook on the company's future growth potential.
seekingalpha
9.5
03-05seekingalpha
FTC Solar Reports Strong Q4 2025 Earnings Growth and Strategic Developments
  • Significant Revenue Growth: FTC Solar reported Q4 2025 revenue of $32.9 million, exceeding the midpoint of its guidance range of $30 million to $35 million, reflecting a robust 26% sequential growth that underscores the company's strong market performance and ongoing growth potential.
  • Record Gross Margins: The company achieved a GAAP gross profit of $6.9 million, representing 21% of revenue, while non-GAAP gross profit reached $7.7 million or 23.4%, marking a significant improvement in profitability that enhances FTC Solar's competitive position in the industry.
  • Increased Contract Backlog: FTC Solar's contracted backlog now stands at $491 million, with an increase of $60 million since November 12, indicating strong confidence in customer demand and market opportunities that are expected to drive future revenue growth.
  • Clear Strategic Goals: Management reaffirmed its aim to become a top three tracker provider, highlighting a 1 GW supply agreement with a leading U.S. developer and an 840 MW multi-year MSA with Lubanzi in South Africa, demonstrating the company's expansion and diversification strategy in the global market.
Benzinga
4.5
03-05Benzinga
U.S. Stocks Decline as Kroger Reports Mixed Q4 Results
  • Market Performance: U.S. stocks traded lower this morning, with the Dow Jones index falling over 300 points, down 0.67% to 48,411.44, indicating weakened market sentiment that could impact investor confidence.
  • Kroger Earnings: Kroger reported mixed fourth-quarter results, with adjusted EPS of $1.28 exceeding market expectations of $1.20, yet sales of $34.725 billion fell short of the $35.064 billion forecast, highlighting challenges in sales growth.
  • Future Guidance: The company anticipates FY2026 adjusted EPS between $5.10 and $5.30, slightly below the $5.29 estimate, which may affect investor confidence regarding Kroger's future growth prospects.
  • Sector Movements: Energy shares rose by 1.5%, while healthcare stocks dipped by 1.3%, reflecting varied market reactions across sectors that could influence investor asset allocation strategies.
seekingalpha
9.5
03-05seekingalpha
FTC Solar Q4 Earnings Exceed Expectations
  • Earnings Highlights: FTC Solar reported a Q4 non-GAAP EPS of -$0.17, beating expectations by $0.05, indicating positive signs in the company's recovery of profitability.
  • Revenue Surge: Q4 revenue reached $32.86M, a substantial year-over-year increase of 148.9%, exceeding market expectations by $0.26M, showcasing the company's strong performance amid recovering market demand.
  • Future Outlook: The consensus revenue forecast for Q1 stands at $35.58M, reflecting management's confidence in future growth despite ongoing challenges.
  • Margin Improvement: Q4 non-GAAP gross margin hit 23.4%, at the upper end of the guidance range, demonstrating enhanced cost control and operational efficiency, thereby strengthening the company's position in a competitive market.
NASDAQ.COM
9.5
02-25NASDAQ.COM
Tigo Energy Reports Better-Than-Expected Quarterly Loss
  • Quarterly Loss Performance: Tigo Energy reported a quarterly loss of $0.03 per share, better than the Zacks consensus estimate of a $0.04 loss, indicating improvements in cost management despite still being a loss compared to last year's $0.44.
  • Revenue Growth Situation: The company posted revenues of $30.03 million for the quarter, missing the Zacks consensus estimate of $30.06 million, but representing a 74.1% increase from $17.27 million a year ago, reflecting a gradual recovery in market demand.
  • Stock Performance: Tigo Energy's shares have risen approximately 142.8% since the beginning of the year, significantly outperforming the S&P 500's decline of 0.1%, indicating increased investor confidence in the company's growth potential.
  • Future Outlook: Although the current Zacks Rank is 3 (Hold), there remains uncertainty regarding earnings expectations for the upcoming quarters, prompting investors to monitor changes in earnings forecasts to assess the company's performance in the competitive solar industry.
Wall Street analysts forecast FTCI stock price to rise
4 Analyst Rating
Wall Street analysts forecast FTCI stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
10.00
Averages
14.38
High
20.00
Current: 0.000
sliders
Low
10.00
Averages
14.38
High
20.00
Roth Capital
Buy
downgrade
$15 -> $10
AI Analysis
2026-03-09
New
Reason
Roth Capital
Price Target
$15 -> $10
AI Analysis
2026-03-09
New
downgrade
Buy
Reason
Roth Capital lowered the firm's price target on FTC Solar to $10 from $15 and keeps a Buy rating on the shares. The company reported inline Q4 revenue with better than expected margins and EBITDA, the analyst tells investors in a research note. Roth attributes the 38% pullback since March 5 to FTC's "weak" Q1 guidance and 2026 outlook not as strong as consensus. The firm is not too concerned about the covenant default and expects FTC to be in compliance near-term.
TD Cowen
Buy
downgrade
$8
2026-03-06
New
Reason
TD Cowen
Price Target
$8
2026-03-06
New
downgrade
Buy
Reason
TD Cowen lowered the firm's price target on FTC Solar to $8 from $12.50 and keeps a Buy rating on the shares. The firm updated its model after the shares likely slipped on liquidity concerns tied to the technical covenant default and a lighter than expected 1Q26 guidance, overshadowing record margins and near EBITDA breakeven.
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Valuation Metrics

The current forward P/E ratio for FTC Solar Inc (FTCI.O) is -30.28, compared to its 5-year average forward P/E of -24.08. For a more detailed relative valuation and DCF analysis to assess FTC Solar Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-24.08
Current PE
-30.28
Overvalued PE
14.60
Undervalued PE
-62.76

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-20.43
Current EV/EBITDA
-18.98
Overvalued EV/EBITDA
11.76
Undervalued EV/EBITDA
-52.61

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.23
Current PS
1.07
Overvalued PS
2.13
Undervalued PS
0.33

Financials

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Whales Holding FTCI

E
Electron Capital Partners, LLC
Holding
FTCI
+5.84%
3M Return

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Frequently Asked Questions

What is FTC Solar Inc (FTCI) stock price today?

The current price of FTCI is 4.77 USD — it has decreased -2.85

What is FTC Solar Inc (FTCI)'s business?

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.

What is the price predicton of FTCI Stock?

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 is14.38 USD with a low forecast of 10.00 USD and a high forecast of 20.00 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.

What is FTC Solar Inc (FTCI)'s revenue for the last quarter?

FTC Solar Inc revenue for the last quarter amounts to 32.86M USD, increased 148.91

What is FTC Solar Inc (FTCI)'s earnings per share (EPS) for the last quarter?

FTC Solar Inc. EPS for the last quarter amounts to -2.23 USD, increased 134.74

How many employees does FTC Solar Inc (FTCI). have?

FTC Solar Inc (FTCI) has 202 emplpoyees as of March 11 2026.

What is FTC Solar Inc (FTCI) market cap?

Today FTCI has the market capitalization of 76.29M USD.