Why is FCT.AX stock falling today?

FCT.AX stock is down due to heavy intraday selling, higher-than-average volume, and persistent negative earnings. The share traded to its year low A$0.005, reflecting market concern about margins and liquidity.

What is Meyka AI's forecast for FCT.AX stock?

Meyka AI's forecast model projects **A$0.01** monthly, implying a **100.00%** upside from A$0.005. Forecasts are model-based and not guarantees; they require improving fundamentals to be realised.

What are the main risks for Firstwave Cloud (FCT.AX)?

Key risks include negative EPS, weak current ratio **0.19**, small market cap **A$8.74M**, and sector sensitivity. Contract renewals, cash flow and funding remain primary downside catalysts.

When is the next earnings date for FCT.AX?

Firstwave lists its next earnings announcement for **03 Mar 2026**. That report could drive material price moves given current market positioning and low share price.

AU Stocks

FCT.AX Firstwave Cloud (ASX) -28.57% intraday 29 Jan 2026: watch A$0.005 support

ByHuzaifa Zahoor January 29, 2026January 29, 2026

FCT.AX stock plunged -28.57% intraday to A$0.005 on 29 Jan 2026, making Firstwave Cloud Technology Limited one of the ASX top losers today. Trading volume surged to 6,078,029 shares, above the average daily 4,264,961, signalling heavy selling pressure. The fall leaves the share price at its year low A$0.005 and well below the 50-day average A$0.008 and 200-day average A$0.013. Investors should weigh the stock’s small market cap A$8,743,622.00 and recent fundamentals before repositioning.