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Upturn AI SWOT - About
FTCI 
FTC Solar Inc (FTCI)
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Upturn Advisory Summary
10/20/2025: FTCI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
4 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $6
1 Year Target Price $6
| 1 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -48.64% | Avg. Invested days 37 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/20/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 130.01M USD | Price to earnings Ratio - | 1Y Target Price 6 |
Price to earnings Ratio - | 1Y Target Price 6 | ||
Volume (30-day avg) 4 | Beta 1.44 | 52 Weeks Range 2.13 - 9.50 | Updated Date 10/20/2025 |
52 Weeks Range 2.13 - 9.50 | Updated Date 10/20/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -3.65 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -73.04% | Operating Margin (TTM) -57.52% |
Management Effectiveness
Return on Assets (TTM) -33.98% | Return on Equity (TTM) -171.75% |
Valuation
Trailing PE - | Forward PE 19.46 | Enterprise Value 118527245 | Price to Sales(TTM) 2.03 |
Enterprise Value 118527245 | Price to Sales(TTM) 2.03 | ||
Enterprise Value to Revenue 1.85 | Enterprise Value to EBITDA -0.7 | Shares Outstanding 14874797 | Shares Floating 10262569 |
Shares Outstanding 14874797 | Shares Floating 10262569 | ||
Percent Insiders 34.29 | Percent Institutions 4.63 |
Upturn AI SWOT
FTC Solar Inc
Company Overview
History and Background
FTC Solar, Inc. was founded in 2013. It provides solar tracker systems, software, and engineering services, primarily to customers in the Americas. The company went public in April 2021.
Core Business Areas
- Tracker Systems: Designs, engineers, supplies, and installs solar tracker systems that maximize energy production for utility-scale solar projects.
- Software and Engineering Services: Offers software and engineering services to optimize solar project design and performance.
Leadership and Structure
Sean Hunkler is the CEO. The company has a typical corporate structure with departments covering engineering, sales, finance, and operations.
Top Products and Market Share
Key Offerings
- Voyager: A 1P (one module in portrait) tracker system designed for optimized land use and performance. Competitors include Array Technologies, Nextracker, and PV Hardware.
- Pioneer: A 2P (two modules in portrait) tracker system designed for complex site conditions and challenging terrains. Competitors include Array Technologies, Nextracker, and PV Hardware.
Market Dynamics
Industry Overview
The solar tracker market is growing due to increasing demand for renewable energy. Key trends include advancements in tracker technology, lower installation costs, and increasing project sizes.
Positioning
FTC Solar is positioned as a provider of cost-effective and reliable tracker solutions. They focus on providing customized design solutions to complex projects.
Total Addressable Market (TAM)
The global solar tracker market is expected to reach billions of dollars. FTC Solar's TAM includes utility-scale solar projects globally, and they are positioning themselves to capture a significant share through innovative designs and cost leadership.
Upturn SWOT Analysis
Strengths
- Experienced Management Team
- Innovative Product Design (Voyager and Pioneer)
- Strong customer relationships
- Global project portfolio
Weaknesses
- Relatively small company compared to its competitors
- Dependence on key suppliers
- Past inconsistent revenue performance
- High operating expenses
Opportunities
- Growing solar energy demand
- Expansion into new geographical markets
- Technological advancements in tracker systems
- Strategic partnerships and acquisitions
Threats
- Competition from established players
- Fluctuations in raw material prices (steel)
- Changes in government regulations and incentives
- Economic downturns affecting project financing
Competitors and Market Share
Key Competitors
- ARRY
- NXT
Competitive Landscape
FTC Solar competes with larger, more established players. Its advantages include product design innovation and cost-effectiveness, but it faces disadvantages in scale and brand recognition.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data needs to be pulled from reliable sources.
Future Projections: Future growth projections need to come from analyst reports.
Recent Initiatives: Recent strategic initiatives need to be looked up in the company's annual report or news articles.
Summary
FTC Solar shows promise with its innovative tracker designs. Its relatively small size and market volatility require vigilance. Growing solar market demand supports its trajectory, and cost leadership positions are essential for success. Potential acquisitions could bolster its market presence.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEC Filings
- Analyst Reports
- Industry Publications
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About FTC Solar Inc
Exchange NASDAQ | Headquaters Austin, TX, United States | ||
IPO Launch date 2021-04-28 | President, CEO & Director Mr. Yann Brandt | ||
Sector Technology | Industry Solar | Full time employees 202 | Website https://ftcsolar.com |
Full time employees 202 | Website https://ftcsolar.com | ||
FTC Solar, Inc. engages in the manufacture and service of solar tracker systems in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company provides a two modules-in-portrait solar tracker system under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. It offers trackers and software solutions for the utility-scale solar energy markets, as well as project developers, solar asset owners, and engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.
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