FTCI (FTC Solar) Moat Score: 3/10 (As of Jun. 29, 2026)


FTCI FTC Solar Inc FTCI
64 GF Score
Price $4.89
GF Value $5.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is FTC Solar Moat Score?

FTC Solar FTCI +2.09% 64 Moat Score is 3 as of Jun. 29, 2026. GuruFocus rates FTCI with a GF Score™ of 64/100 and a GF Value™ of $5.49 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,000 Semiconductors companies, FTC Solar ranks better than 86.6% on this metric.

FTC Solar has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

FTC Solar has No Moat: FTC Solar Inc has transient advantages in the solar industry. While it may have some proprietary technology, it lacks strong brand strength, customer loyalty, and significant regulatory barriers to establish a durable moat.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes FTC Solar might have No Moat - Very weak/transient advantages.

FTC Solar  (NAS:FTCI) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

FTC Solar Moat Score Related Terms

FTCI vs SPWR, PN, SPRU: Moat Score Comparison

For the Solar subindustry, FTC Solar's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

FTC Solar Moat Score vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Moat Score distribution charts can be found below:

* The bar in red indicates where FTC Solar's Moat Score falls into.


FTCI
64GF Score
FTC Solar Inc FTCI
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
FTC Solar (FTCI) has a Moat Score of 3 as of Jun. 29, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, FTC Solar ranks #134 out of 1000 companies in the Semiconductors industry, placing it in the top 13.4%.
Is FTC Solar's Moat Score too high?
FTC Solar's current Moat Score is 3. Based on the distribution chart, FTC Solar ranks #134 out of 1000 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, FTC Solar has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Moat Score compare to SPWR and PN?
According to the Semiconductors industry distribution chart, FTC Solar ranks #134 out of 1000 companies for Moat Score. This places FTC Solar in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Semiconductors company?
A good Moat Score depends on the Semiconductors industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. FTC Solar's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.49, compared to a current price of $4.89 — trading 10.9% below its estimated fair value. The current Moat Score is 3. FTC Solar's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For FTC Solar (FTCI), the current Moat Score is 3 as of Jun. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FTC Solar (FTCI) Overvalued in 2026?

Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued. The current stock price of $4.89 is trading 10.9% below its estimated GF Value™ of $5.49. GuruFocus considers FTC Solar to be Modestly Undervalued.

Key valuation signals for FTCI:

  • Moat Score: 3
  • GF Value™: $5.49 vs. price of $4.89 (10.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs

No single metric tells the full story. See the FTCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

FTC Solar Business Description

Other Exchanges 6YK0:Germany
Address 10900 Stonelake Boulevard, Suite 100, Quarry Oaks II Building, Austin, TX, USA, 78759
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
64GF Score

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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.89
Price
$5.49
GF Value