NASDAQ:FTCI FTC Solar (FTCI) Stock Forecast, Price & News $1.38 -0.01 (-0.72%) (As of 09:04 AM ET) Add Compare Share Share Today's Range$1.38▼$1.3850-Day Range$1.32▼$3.8052-Week Range$1.27▼$3.87Volume342 shsAverage Volume1.58 million shsMarket Capitalization$162.99 millionP/E RatioN/ADividend YieldN/APrice Target$3.93 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media FTC Solar MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside186.8% Upside$3.93 Price TargetShort InterestHealthy15.33% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.07Based on 5 Articles This WeekInsider TradingSelling Shares$4.32 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.36) to ($0.12) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.46 out of 5 starsOils/Energy Sector79th out of 245 stocksSemiconductors & Related Devices Industry33rd out of 87 stocks 3.4 Analyst's Opinion Consensus RatingFTC Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $3.93, FTC Solar has a forecasted upside of 186.8% from its current price of $1.37.Amount of Analyst CoverageFTC Solar has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted15.33% of the float of FTC Solar has been sold short.Short Interest Ratio / Days to CoverFTC Solar has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FTC Solar has recently decreased by 15.44%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldFTC Solar does not currently pay a dividend.Dividend GrowthFTC Solar does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FTCI. Previous Next 3.4 News and Social Media Coverage News SentimentFTC Solar has a news sentiment score of 1.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for FTC Solar this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for FTCI on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.MarketBeat Follows7 people have added FTC Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FTC Solar insiders have sold 3,355.22% more of their company's stock than they have bought. Specifically, they have bought $125,110.00 in company stock and sold $4,322,824.00 in company stock.Percentage Held by Insiders29.70% of the stock of FTC Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 33.64% of the stock of FTC Solar is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for FTC Solar are expected to grow in the coming year, from ($0.36) to ($0.12) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FTC Solar is -2.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of FTC Solar is -2.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFTC Solar has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About FTC Solar (NASDAQ:FTCI) StockFTC Solar, Inc. provides solar tracker systems, software, and engineering services in the United States and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides Pioneer, a one module-in-portrait solar tracker solution that allows for a pile count reduction per megawatt. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.Read More FTCI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FTCI Stock News HeadlinesSeptember 20, 2023 | americanbankingnews.comInvestors Purchase High Volume of Call Options on FTC Solar (NASDAQ:FTCI)September 20, 2023 | seekingalpha.comFTC Solar CFO buys shares worth about $101k - filingSeptember 25, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. September 15, 2023 | finance.yahoo.comDirector William Priddy Acquires 17,000 Shares of FTC Solar IncSeptember 14, 2023 | finance.yahoo.com10% Owner Family Arc Sells 100,000 Shares of FTC Solar IncSeptember 13, 2023 | benzinga.comFTC Solar VP Trades $67K In Company StockSeptember 8, 2023 | msn.comFTC Solar drops as 10% owner ARC Family Trust sells $87,000 worth of stockAugust 31, 2023 | msn.comFTC Solar Launches New Software To Boost Solar Plant EfficiencySeptember 25, 2023 | Edge On The Street (Ad)An Unusual Way to Invest in GoldMost financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines. August 31, 2023 | finance.yahoo.comFTC Solar Unveils Tracker-Agnostic SUNOPS Software to Enhance Solar Plant PerformanceAugust 9, 2023 | finanznachrichten.deFTC Solar, Inc: FTC Solar and Cat Creek Energy Announce 1-Gigawatt Tracker Agreement to Supply Landmark Renewables ProjectAugust 9, 2023 | finanznachrichten.deFTC Solar, Inc: FTC Solar Announces 300MW Tracker Agreement in Spain and Italy to Include Utility-Scale Agrivoltaic ProjectsAugust 9, 2023 | markets.businessinsider.comWhy Is FTC Solar Stock Slumping TodayAugust 9, 2023 | finance.yahoo.comFTC Solar (FTCI) Reports Q2 Loss, Misses Revenue EstimatesAugust 9, 2023 | finance.yahoo.comFTC Solar Announces Second Quarter 2023 Financial ResultsAugust 9, 2023 | finance.yahoo.comFTC Solar Announces 300MW Tracker Agreement in Spain and Italy to Include Utility-Scale Agrivoltaic ProjectsAugust 9, 2023 | finance.yahoo.comFTC Solar and Cat Creek Energy Announce 1-Gigawatt Tracker Agreement to Supply Landmark Renewables ProjectAugust 8, 2023 | markets.businessinsider.comFTC Solar earnings preview: what Wall Street is expectingJuly 28, 2023 | finance.yahoo.comFTC Solar to Announce Second Quarter Financial Results Wednesday, August 9, 2023July 21, 2023 | msn.com24 Stocks That Benefit From the Clean Energy Law. It Just Turned a Year Old.July 18, 2023 | msn.comFTC Solar: Outlook Improves As Margins ExpandJuly 10, 2023 | finance.yahoo.comDespite recent sales, FTC Solar, Inc. (NASDAQ:FTCI) insiders still hold the largest share with a 37% interestJuly 6, 2023 | finance.yahoo.comFTC Solar Appoints Tony Alvarez as Board ObserverJune 16, 2023 | fool.comFTC Solar (NASDAQ: FTCI)June 12, 2023 | finance.yahoo.comFTC Solar, Inc. (NASDAQ:FTCI): Is Breakeven Near?May 16, 2023 | finance.yahoo.comFTC Solar (NASDAQ:FTCI) rallies 29% this week, taking one-year gains to 15%May 12, 2023 | msn.comHC Wainwright & Co. Reiterates FTC Solar (FTCI) Buy RecommendationSee More Headlines Receive FTCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FTC Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address FTCI Company Calendar Last Earnings8/09/2023Today9/24/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:FTCI CUSIPN/A CIK1828161 Webwww.ftcsolar.com Phone737-787-7906FaxN/AEmployees221Year FoundedN/APrice Target and Rating Average Stock Price Forecast$3.93 High Stock Price Forecast$6.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+182.6%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.65) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-99,610,000.00 Net Margins-58.87% Pretax Margin-58.63% Return on Equity-86.64% Return on Assets-45.79% Debt Debt-to-Equity RatioN/A Current Ratio2.35 Quick Ratio2.24 Sales & Book Value Annual Sales$123.07 million Price / Sales1.33 Cash FlowN/A Price / Cash FlowN/A Book Value$0.64 per share Price / Book2.17Miscellaneous Outstanding Shares118,110,000Free Float83,031,000Market Cap$164.17 million OptionableNot Optionable Beta2.00 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Sean Hunkler (Age 61)Pres, CEO & Director Comp: $847kMr. Deepak Navnith (Age 48)Exec. Officer Mr. R. Phelps Morris (Age 49)Chief Financial Officer Comp: $119.28kMr. Patrick M. Cook (Age 39)Chief Commercial Officer Comp: $263.87kMr. Sasan Aminpour (Age 59)Chief Operating Officer Ms. Cathy Behnen CPAChief Accounting OfficerMr. Nagendra Cherukupalli (Age 63)Chief Technology Officer Mr. Bill MichalekVP of Investor RelationsJacob D. Wolf Esq.Gen. Counsel & Sec.Mr. Dale HerronChief HR OfficerMore ExecutivesKey CompetitorsEmeren GroupNYSE:SOLRoth CH Acquisition IVNASDAQ:ROCGTigo EnergyNASDAQ:TYGOMaxeon Solar TechnologiesNASDAQ:MAXNRGC ResourcesNASDAQ:RGCOView All CompetitorsInsiders & InstitutionsBarclays PLCSold 9,063 shares on 9/21/2023Ownership: 0.011%Robert Phelps MorrisBought 72,000 shares on 9/14/2023Total: $100,800.00 ($1.40/share)William A PriddyBought 17,000 shares on 9/14/2023Total: $24,310.00 ($1.43/share)Arc Family TrustSold 50,000 sharesTotal: $68,500.00 ($1.37/share)Arc Family TrustSold 50,000 sharesTotal: $81,500.00 ($1.63/share)View All Insider TransactionsView All Institutional Transactions FTCI Stock - Frequently Asked Questions Should I buy or sell FTC Solar stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FTC Solar in the last twelve months. There are currently 2 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FTCI shares. View FTCI analyst ratings or view top-rated stocks. What is FTC Solar's stock price forecast for 2023? 5 Wall Street analysts have issued twelve-month target prices for FTC Solar's stock. Their FTCI share price forecasts range from $2.50 to $6.00. On average, they expect the company's stock price to reach $3.93 in the next year. This suggests a possible upside of 182.6% from the stock's current price. View analysts price targets for FTCI or view top-rated stocks among Wall Street analysts. How have FTCI shares performed in 2023? FTC Solar's stock was trading at $2.68 at the start of the year. Since then, FTCI stock has decreased by 48.1% and is now trading at $1.39. View the best growth stocks for 2023 here. Are investors shorting FTC Solar? FTC Solar saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 7,010,000 shares, a decline of 15.4% from the August 15th total of 8,290,000 shares. Based on an average trading volume of 1,880,000 shares, the days-to-cover ratio is presently 3.7 days. Currently, 15.3% of the shares of the company are sold short. View FTC Solar's Short Interest. When is FTC Solar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our FTCI earnings forecast. How were FTC Solar's earnings last quarter? FTC Solar, Inc. (NASDAQ:FTCI) released its earnings results on Wednesday, August, 9th. The company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. The business earned $32.36 million during the quarter, compared to analyst estimates of $47.82 million. FTC Solar had a negative trailing twelve-month return on equity of 86.64% and a negative net margin of 58.87%. What ETFs hold FTC Solar's stock? ETFs with the largest weight of FTC Solar (NASDAQ:FTCI) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Invesco WilderHill Clean Energy ETF (PBW) and Invesco Raymond James SB-1 Equity ETF (RYJ).Global X Solar ETF (RAYS). What guidance has FTC Solar issued on next quarter's earnings? FTC Solar updated its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $24.00 million-$34.00 million, compared to the consensus revenue estimate of $73.98 million. When did FTC Solar IPO? (FTCI) raised $350 million in an IPO on Wednesday, April 28th 2021. The company issued 18,400,000 shares at a price of $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. What is FTC Solar's stock symbol? FTC Solar trades on the NASDAQ under the ticker symbol "FTCI." Who are FTC Solar's major shareholders? FTC Solar's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.24%), Point72 Asset Management L.P. (1.85%), State Street Corp (1.17%), CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT (0.98%), Geode Capital Management LLC (0.94%) and Goldman Sachs Group Inc. (0.85%). Insiders that own company stock include Ali Mortazavi, Arc Family Trust, Cathy Behnen, Cortes Isidoro Alfonso Quiroga, David Springer, Kristian Nolde, Nagendra Cherukupalli, Patrick Cook, Robert Phelps Morris, Sasan Aminpour, Sean Hunkler, South Cone Investments Limited, Tamara Mullings, Thurman J Rodgers and William A Priddy. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is FTC Solar's stock price today? One share of FTCI stock can currently be purchased for approximately $1.39. How much money does FTC Solar make? FTC Solar (NASDAQ:FTCI) has a market capitalization of $164.17 million and generates $123.07 million in revenue each year. The company earns $-99,610,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. How many employees does FTC Solar have? The company employs 221 workers across the globe. How can I contact FTC Solar? The official website for the company is www.ftcsolar.com. The company can be reached via phone at 737-787-7906 or via email at ir@ftcsolar.com. This page (NASDAQ:FTCI) was last updated on 9/25/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding FTC Solar, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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