Added to YB: 2024-11-20
Pitch date: 2024-11-19
FTCI [bullish]
FTC Solar, Inc.
-13.96%
current return
Author Info
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Company Info
FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia.
Market Cap
$33.1M
Pitch Price
$4.07
Price Target
0.74 (-79%)
Dividend
N/A
Sector
Electrical Equipment
Category
growth
FTC Solar, Inc. - Moving Towards a Time in the Sun
FTCI: Solar tracker co. w/ $2bn backlog ($513M contracted). New mgmt, expanding intl, panel-agnostic trackers. 5 growth drivers: renewables, solar, utility-scale, trackers, 2P config. Margin turnaround expected by 2025. Risks: policy headwinds, liquidity. 86% upside at 1.0x sales. M&A potential.
Read full article (6 min)