FTC Solar (FTCI) PT Raised to $10 at UBS: Underlying Solar Demand Strong

UBS analyst Jon Wilndham raised the price target on FTC Solar Inc. (NASDAQ: FTCI) to $10.00 (from $5.50) while maintaining a Neutral rating.

The analyst commented, "
We revise our estimates and raise our PT to $10. In our view, the 3Q25 result is positive and indicative of FTCI's continued focus on product innovation leading to greater customer capture. We view the strong 3Q25 result and 4Q25 guide as further evidence of strong underlying demand for U.S. utility-scale solar to meet load growth demand from AI data centers. We maintain our Neutral rating underpinned by the strong demand outlook for utility-scale solar, offset by FTCI's greater relative risk profile given ongoing operating losses."

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