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NASDAQ:FTCI

FTC Solar (FTCI) Stock Price, News & Analysis

$0.48
+0.06 (+14.42%)
(As of 07/26/2024 ET)
Today's Range
$0.41
$0.49
50-Day Range
$0.30
$0.52
52-Week Range
$0.28
$3.87
Volume
712,963 shs
Average Volume
684,763 shs
Market Capitalization
$59.79 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.49

FTC Solar MarketRank™ Stock Analysis

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
213.4% Upside
$1.49 Price Target
Short Interest
Healthy
8.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.58mentions of FTC Solar in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$50,479 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.32) to ($0.13) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.51 out of 5 stars

Oils/Energy Sector

102nd out of 248 stocks

Semiconductors & Related Devices Industry

36th out of 89 stocks

FTCI stock logo

About FTC Solar Stock (NASDAQ:FTCI)

FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.

FTCI Stock Price History

FTCI Stock News Headlines

FTC Solar Names Yann Brandt as Next CEO
FTC Solar Appoints Yann Brandt as New CEO
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Brokerages Set FTC Solar, Inc. (NASDAQ:FTCI) PT at $1.49
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Q1 2024 FTC Solar Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/10/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:FTCI
Fax
N/A
Employees
220
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.49
High Stock Price Target
$2.50
Low Stock Price Target
$0.45
Potential Upside/Downside
+211.0%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$-50,290,000.00
Pretax Margin
-48.41%

Debt

Sales & Book Value

Annual Sales
$127 million
Book Value
$0.50 per share

Miscellaneous

Free Float
96,594,000
Market Cap
$60.26 million
Optionable
Optionable
Beta
1.59
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Key Executives

  • Mr. Sasan Aminpour (Age 59)
    Chief Operating Officer
    Comp: $4.92k
  • Mr. Patrick M. Cook (Age 40)
    Senior Vice President of Capital Markets & Business Development
    Comp: $5.31k
  • Ms. Tamara Mullings (Age 40)
    Senior Vice President of North American Sales
    Comp: $607
  • Ms. Cathy Behnen CPAMs. Cathy Behnen CPA (Age 60)
    Chief Financial Officer
  • Mr. Bill Michalek
    Vice President of Investor Relations & Corporate Communications
  • Jacob D. Wolf Esq.
    VP, General Counsel & Secretary
  • Mr. Alberto Echeverria
    Senior Vice President of International Sales

FTCI Stock Analysis - Frequently Asked Questions

How have FTCI shares performed this year?

FTC Solar's stock was trading at $0.6928 on January 1st, 2024. Since then, FTCI shares have decreased by 31.3% and is now trading at $0.4760.
View the best growth stocks for 2024 here
.

How were FTC Solar's earnings last quarter?

FTC Solar, Inc. (NASDAQ:FTCI) released its earnings results on Friday, May, 10th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.01. The business had revenue of $12.59 million for the quarter, compared to analyst estimates of $12.54 million. FTC Solar had a negative trailing twelve-month return on equity of 63.07% and a negative net margin of 47.92%.

When did FTC Solar IPO?

FTC Solar (FTCI) raised $350 million in an initial public offering on Wednesday, April 28th 2021. The company issued 18,400,000 shares at $18.00-$20.00 per share. Barclays, BofA Securities, Credit Suisse, UBS Investment Bank and HSBC acted as the underwriters for the IPO and Cowen, Simmons Energy (A Division of Piper Sandler), Raymond James and Roth Capital Partners were co-managers.

How do I buy shares of FTC Solar?

Shares of FTCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FTCI) was last updated on 7/26/2024 by MarketBeat.com Staff

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