Why Piper Sandler Is Pumping the Brakes on These 3 Solar Stocks
Piper Sandler sees some upside but is cautious on Sunrun and other solar stocks.
Headquartered in Austin, TX Fiscal year ends December NASDAQ: FTCI ftcsolar.com
FTC Solar, Inc. is a global provider of solar tracker systems, technology, software, and engineering services. Founded in 2017 by renewable energy industry veterans, the company designs and sells solar trackers that dynamically optimize solar panel orientation to increase energy production at solar power installations. FTC Solar offers both 1P (single-axis) and 2P (dual-axis) tracker systems, with a focus on installation cost-per-watt advantages. The company serves utility-scale solar developers and engineering, procurement, and construction (EPC) contractors across the United States, Australia, and India. FTC Solar is publicly traded on Nasdaq under the ticker FTCI. Updated
Piper Sandler sees some upside but is cautious on Sunrun and other solar stocks.
FTC Solar, Inc. is a global provider of solar tracker systems, technology, software, and engineering services. Founded in 2017 by renewable energy industry veterans, the company designs and sells solar trackers that dynamically optimize solar panel orientation to increase energy production at solar power installations.
The Wall Street consensus 12-month price target for FTCI is $10.20.