FTCI — FTC Solar Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About FTC Solar Inc

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. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$5.40
Market Cap$69.6M
Float10.6M
Shares Outstanding16.0M
P/E (Forward)18.83
Price/Sales (TTM)0.72
vs. Analyst Target+89.8% to analyst PT
Profit Margin-44.89%
Operating Margin (TTM)-69.84%
Revenue (TTM)$96.1M
Dividend RateNone
Analyst Target Price$10.25 (4 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $187M -$15.9M $3.6M -$15.6M
2021 $271M -$107M -$32.5M -$105M
2022 $123M -$99.6M -$27.2M -$97.3M
2023 $127M -$50.3M $8.3M -$49.0M
2024 $47.4M -$48.6M -$12.6M -$46.4M
2025 $99.7M -$76.9M $1.1M -$32.1M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $20.0M -$15.4M
Sep 2025 $26.0M -$23.9M
Dec 2025 $32.9M -$33.7M
Mar 2026 $17.3M $32.6M

Ownership & Float

Insider Ownership34.0%
Institutional Ownership10.1%
Short Float9.5%
% of All Funds Holding0.45%
Number of Funds Holding37

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$4.53Near-term / short-term trend
Weekly40-Week SMA$7.63Medium-term trend
Weekly80-Week SMA$5.81Cyclical trend (business cycle)
Weekly200-Week SMA$12.43Secular trend (multi-year)
Monthly10-Month SMA$7.42Near-term monthly trend
Monthly20-Month SMA$5.79Medium-term monthly trend
Monthly40-Month SMA$9.80Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$3.80 support 1.00x 0 months ago
$7.00 resistance 1.55x 1 months ago
$2.50 support 7.15x 19 months ago

Historical Earnings Reactions (22 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.51% 0.63% 59.09% 14.42% -12.63%
1 Day 1.73% -1.01% 45.45% 27.52% -23.03%
1 Week 1.92% 3.50% 54.55% 32.06% -24.05%
2 Weeks 4.63% 1.88% 54.55% 50.59% -28.13%
1 Month 6.75% -4.69% 42.86% 81.42% -38.61%

Next earnings: July 24, 2026 (56 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

Insufficient historical data for monthly seasonality analysis (requires 7+ years of data).

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.14% 48.3% 236
Tuesday -0.36% 42.8% 264
Wednesday 0.38% 50.2% 261
Thursday -0.09% 43.9% 255
Friday 0.01% 47.7% 258

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 10.1%

Insider Transactions — Smart Summary

Total insider ownership: 34.0%

12-Month Insider Activity Summary

Total Filings9
Net Value-$437,900.78
Net Shares Change-92,747
% of Float-0.9%
C-Suite Filings4
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Springer David -$898,000 1 N/A
Brandt Yann Chief Executive Officer -$409,375.23 1 1 sell
Carroll Anthony Chief Executive Officer +$126,247.64 2 2 buy
SADASIVAM SHAKER +$99,992.5 1 1 buy
Aminpour Sasan Chief Operating Officer -$35,402.27 1 1 sell
ALVAREZ ANTONIO R +$20,525 2 2 buy
Behnen Cathy CHIEF FINANCIAL OFFICER -$17,990.78 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-12-18 – 2025-12-31 4 4 -$361,388.14 3 C-suite
2026-05-07 – 2026-05-12 4 3 +$145,385 1 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-07 Carroll Anthony Chief Executive Officer +$24,867.5 Transaction at $3.43, now +57.4%
2026-05-07 SADASIVAM SHAKER +$99,992.5 Transaction at $3.70, now +45.9%
2026-05-12 ALVAREZ ANTONIO R +$10,575 Transaction at $4.23, now +27.7%
2026-05-07 ALVAREZ ANTONIO R +$9,950 Transaction at $3.98, now +35.7%
2025-12-18 Carroll Anthony +$101,380.14 Transaction at $9.53, now -43.3%
2025-12-31 Brandt Yann Chief Executive Officer -$409,375.23 Transaction at $10.84, now -50.2%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for FTC Solar Inc (FTCI) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for FTCI on Trend Edge →