TD Cowen raised the firm’s price target on FTC Solar (FTCI) to $12.50 from $8 and keeps a Buy rating on the shares. The firm said they delivered a healthy 3Q25 beat and guided above consensus for 4Q25 while also pointing to positive EBITDA in 2026. The company returned to gross margin positive for the first time since late 2023.
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Read More on FTCI:
- FTC Solar Reports Strong Q3 2025 Growth
- FTC Solar’s Earnings Call Highlights Growth and Optimism
- FTC Solar’s Promising Financial Trajectory and Positive Outlook: Buy Rating with Raised Price Target
- FTC Solar reports Q3 EPS (36c), consensus (53c)
- FTC Solar sees Q4 revenue $30.0M-$35.0M, consensus $26.89M
