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Upturn AI SWOT - About
FTCI 
FTC Solar Inc (FTCI)
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Upturn Advisory Summary
08/28/2025: 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 $5.62
1 Year Target Price $5.62
| 1 | Strong Buy |
| 1 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -61.28% | Avg. Invested days 31 | 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 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 98.02M USD | Price to earnings Ratio - | 1Y Target Price 5.62 |
Price to earnings Ratio - | 1Y Target Price 5.62 | ||
Volume (30-day avg) 4 | Beta 1.41 | 52 Weeks Range 2.02 - 7.40 | Updated Date 08/29/2025 |
52 Weeks Range 2.02 - 7.40 | Updated Date 08/29/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -3.72 |
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 2025-08-05 | When - | Estimate -0.0503 | Actual -1.18 |
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 106329912 | Price to Sales(TTM) 1.53 |
Enterprise Value 106329912 | Price to Sales(TTM) 1.53 | ||
Enterprise Value to Revenue 1.66 | Enterprise Value to EBITDA -0.7 | Shares Outstanding 14874800 | Shares Floating 10245165 |
Shares Outstanding 14874800 | Shares Floating 10245165 | ||
Percent Insiders 34.55 | Percent Institutions 4.63 |
Upturn AI SWOT
FTC Solar Inc
Company Overview
History and Background
FTC Solar, Inc. provides solar tracker systems, software, and engineering services globally. Founded in 2013, it initially focused on single-axis tracker technology before expanding its offerings. Public listing occurred in 2021.
Core Business Areas
- Tracker Systems: Designs, manufactures, and supplies single-axis solar tracker systems, including Voyager and Pioneer series.
- Software and Engineering Services: Offers software solutions for site optimization and provides engineering services, including pre-construction design and post-construction support.
Leadership and Structure
Sean Hunkler is the CEO. The company operates with a functional organizational structure, divided into engineering, sales, operations, and finance departments.
Top Products and Market Share
Key Offerings
- Voyager Tracker: Single-axis tracker solution designed for utility-scale solar projects. Competitors include Array Technologies (ARRY), Nextracker (NXT), and Valmont Industries (VMI). Market share data is dynamic and varies by region and project, but FTC Solar is a key player in the global market.
- Pioneer Tracker: Single-axis tracker solution designed for smaller utility-scale solar projects, particularly those with irregular terrain or site constraints. Competitors include Array Technologies (ARRY), Nextracker (NXT), and Valmont Industries (VMI). Market share data is dynamic and varies by region and project, but FTC Solar is a key player in the global market.
- SunPath: FTC Solar's proprietary software for site optimization and project design. No direct market share data available. Competitors include other software providers offering similar solutions in the solar energy space.
Market Dynamics
Industry Overview
The solar tracker industry is experiencing rapid growth, driven by increasing demand for renewable energy and the cost-effectiveness of solar power. Factors affecting growth are government incentives, technological advancements, and grid infrastructure development.
Positioning
FTC Solar is positioned as a technology innovator, focusing on tracker solutions that improve energy yield and reduce project costs. Its competitive advantages include engineering expertise, software solutions, and customer service.
Total Addressable Market (TAM)
The global solar tracker market is estimated to be worth billions of dollars annually. FTC Solar's TAM is substantial, encompassing utility-scale solar projects worldwide. Positioned to capitalize on the increasing demand for efficient and cost-effective solar energy solutions.
Upturn SWOT Analysis
Strengths
- Technological Innovation
- Engineering Expertise
- Strong Customer Relationships
- Experienced Management Team
Weaknesses
- Relatively Small Market Share Compared to Leaders
- Dependence on Solar Industry Growth
- Geographic Concentration of Revenue
- Limited Product Diversification
Opportunities
- Expanding into New Geographic Markets
- Developing Advanced Tracker Technologies
- Offering Integrated Energy Storage Solutions
- Strategic Partnerships and Acquisitions
Threats
- Competition from Larger Players
- Fluctuations in Raw Material Prices
- Changes in Government Regulations and Incentives
- Economic Downturns
Competitors and Market Share
Key Competitors
- ARRY
- NXT
- VMI
Competitive Landscape
FTC Solar faces intense competition from larger, more established players. The company differentiates itself through technology innovation, engineering expertise, and customer service. Profitability remains a key challenge.
Growth Trajectory and Initiatives
Historical Growth: FTC Solar has experienced growth, primarily driven by expanding demand for solar energy and adoption of single-axis tracker technology. However, profitability has been a challenge.
Future Projections: Future growth projections are generally positive, driven by continued growth in the solar energy market. Analyst estimates vary based on market conditions, technological developments, and competitive pressures.
Recent Initiatives: Recent initiatives include expanding its international presence, developing next-generation tracker technologies, and enhancing its software solutions.
Summary
FTC Solar is a technology innovator in the solar tracker market with strong engineering capabilities. Its growth potential is tied to the overall solar energy market and its ability to compete with larger companies. Profitability remains a significant challenge. The company needs to diversify geographically and expand its product portfolio to mitigate risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Analyst Reports
- Press Releases
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Market share data is based on estimates and may not be precise.
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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