FTC Solar, Inc. (NASDAQ:FTCI) Given Consensus Recommendation of "Hold" by Brokerages

FTC Solar, Inc. (NASDAQ:FTCI - Get Free Report) has been given an average rating of "Hold" by the six brokerages that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $12.50.

Several equities analysts have recently issued reports on FTCI shares. TD Cowen cut their price objective on shares of FTC Solar from $8.00 to $5.00 and set a "buy" rating on the stock in a report on Wednesday. Weiss Ratings reissued a "sell (d-)" rating on shares of FTC Solar in a research report on Friday, March 27th. Wall Street Zen cut FTC Solar from a "hold" rating to a "sell" rating in a research report on Saturday, March 28th. Finally, HC Wainwright reaffirmed a "buy" rating and set a $20.00 price target (up from $5.00) on shares of FTC Solar in a research report on Wednesday, January 7th.

Institutional Trading of FTC Solar

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its holdings in FTC Solar by 81.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 30,581 shares of the company's stock worth $88,000 after buying an additional 13,715 shares during the period. Jane Street Group LLC purchased a new position in FTC Solar during the 2nd quarter worth approximately $79,000. Vanguard Group Inc. raised its position in FTC Solar by 18.4% during the 3rd quarter. Vanguard Group Inc. now owns 342,858 shares of the company's stock worth $2,417,000 after buying an additional 53,391 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in FTC Solar during the 4th quarter worth approximately $296,000. Finally, Geode Capital Management LLC raised its position in FTC Solar by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 112,308 shares of the company's stock worth $1,226,000 after buying an additional 8,518 shares during the last quarter. Institutional investors and hedge funds own 45.36% of the company's stock.

Key FTC Solar News

Here are the key news stories impacting FTC Solar this week:

• Positive Sentiment: Awarded a 1GW agreement for 1‑P trackers with a leading global offtaker, signaling meaningful commercial traction and potential revenue backlog that could drive future growth. GlobeNewswire Press Release
• Positive Sentiment: Board member Anthony Carroll was appointed President & CEO, a leadership change the company frames as a strategic reset — investors often view new leadership as a catalyst for execution improvements. GlobeNewswire Press Release
• Positive Sentiment: TD Cowen kept a "buy" rating on FTCI even though it trimmed its price target from $8 to $5 — continued analyst support can boost investor confidence and helped underpin the stock. Benzinga
• Neutral Sentiment: Q1 2026 earnings call transcript and full release are available for investors to assess management commentary and roadmap. Earnings Call Transcript
• Negative Sentiment: Q1 results missed expectations: EPS of ($0.67) vs. consensus ($0.41) and revenue $17.3M vs. $24.3M consensus — a clear near-term earnings and top-line shortfall. Zacks
• Negative Sentiment: Q2 revenue guidance of $22.0M–$26.0M is well below street expectations (~$32.7M), indicating continued near-term revenue pressure and keeping upside uncertain. Yahoo Finance
• Negative Sentiment: Profitability metrics remain weak (large negative net margin and negative ROE reported), underscoring execution and margin challenges that could constrain valuation until results stabilize. Press Release / Financials

FTC Solar Stock Up 15.9%

FTCI opened at $4.00 on Thursday. FTC Solar has a 52-week low of $2.90 and a 52-week high of $12.75. The company has a market cap of $62.36 million, a P/E ratio of -0.70 and a beta of 1.81. The firm's 50-day moving average price is $4.81 and its 200-day moving average price is $8.13.

FTC Solar (NASDAQ:FTCI - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by ($0.26). FTC Solar had a negative net margin of 42.12% and a negative return on equity of 549.96%. The company had revenue of $17.27 million for the quarter, compared to analyst estimates of $24.26 million. On average, research analysts anticipate that FTC Solar will post -1.09 EPS for the current fiscal year.

About FTC Solar

FTC Solar, Inc NASDAQ: FTCI specializes in the design, manufacturing and deployment of solar tracker systems for utility-scale photovoltaic power plants. The company's tracker solutions are engineered to follow the sun's path and optimize energy capture, helping customers maximize the performance of their solar assets. In addition to its core mechanical tracker products, FTC Solar offers advanced supervisory control and data acquisition (SCADA) software that enables remote monitoring, predictive maintenance and performance analytics.

Headquartered in Austin, Texas, FTC Solar supports large-scale solar projects across multiple regions, including North America, Latin America, Europe and the Middle East.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.