FTC Solar stock plummets 26% due to weak Q1 revenue forecast

LootboxPhobia · 2026-03-05T22:17:12+00:00

FTC Solar stock price dropped 26% to $5.49 in pre-market trading on Thursday, as its first-quarter revenue forecast fell far below Wall Street expectations, with projected revenue between $20 million and $25 million, and adjusted core loss forecasts also larger than analyst expectations.

LootboxPhobia

2026-03-05 22:17:12

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Investing.com – FTC Solar (NASDAQ:FTCI) stock dropped 26% to $5.49 in pre-market trading on Thursday after the solar company released a first-quarter revenue forecast that significantly missed Wall Street expectations.

The company expects first-quarter revenue between $20 million and $25 million, well below analysts’ forecast of $35.1 million, according to data compiled by LSEG.

FTC Solar also projected an adjusted core loss for the first quarter between $5.9 million and $9.6 million, compared to analysts’ expected loss of $3.82 million.

The company stated that it faced some seasonal factors and lingering regulatory uncertainties related to project delays in mid-2025 as it entered the first quarter.

For the fourth quarter, FTC Solar reported an adjusted loss of 17 cents per share, better than the expected loss of 22 cents per share.

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