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The latest update is out from Filtronic ( (GB:FTC) ).
Filtronic has secured its largest single order to date, valued at $62.5 million, from SpaceX for its next-generation gallium nitride (GaN) E-band product. This contract marks a significant milestone for Filtronic, reinforcing its technical leadership and strategic alignment with SpaceX’s Starlink constellation. The GaN solution offers enhanced power, efficiency, and thermal performance, setting a new benchmark in satellite communications and aerospace applications. The partnership with SpaceX highlights Filtronic’s engineering prowess and positions the company for transformative opportunities in the low Earth orbit communications market.
The most recent analyst rating on (GB:FTC) stock is a Buy with a £179.00 price target. To see the full list of analyst forecasts on Filtronic stock, see the GB:FTC Stock Forecast page.
Spark’s Take on GB:FTC Stock
According to Spark, TipRanks’ AI Analyst, GB:FTC is a Outperform.
Filtronic’s strong financial performance and strategic corporate developments are major positives. The robust pipeline of contracts and market expansions, combined with solid technical indicators, support a high overall score. However, the high valuation limits the score slightly.
To see Spark’s full report on GB:FTC stock, click here.
More about Filtronic
Filtronic is a global leader in advanced microelectronics, specializing in the design and manufacture of mission-critical communication networks. With over 45 years of experience, the company operates from two global manufacturing sites and three engineering centers of excellence. Filtronic’s technology is trusted across high-performance sectors such as space, aerospace, defense, telecoms infrastructure, and critical communications. The company focuses on delivering solutions that span the full RF spectrum, emphasizing innovation and technological leadership.
Average Trading Volume: 1,536,640
Technical Sentiment Signal: Buy
Current Market Cap: £295.8M
See more insights into FTC stock on TipRanks’ Stock Analysis page.