S&P 500   4,286.74 (+0.45%)
DOW   33,815.08 (+0.45%)
QQQ   352.16 (+0.96%)
AAPL   179.76 (+1.09%)
MSFT   324.61 (+0.38%)
META   266.76 (+1.20%)
GOOGL   122.36 (-0.11%)
AMZN   124.30 (+2.53%)
TSLA   231.20 (+2.95%)
NVDA   385.06 (+2.75%)
NIO   7.65 (-1.42%)
BABA   86.60 (+1.55%)
AMD   121.05 (+2.73%)
T   15.94 (-0.99%)
F   13.56 (-0.22%)
MU   65.17 (-2.82%)
CGC   0.70 (-2.89%)
GE   106.92 (+0.79%)
DIS   92.47 (-0.05%)
AMC   4.61 (-2.54%)
PFE   39.13 (+0.62%)
PYPL   64.21 (+0.27%)
NFLX   404.20 (+1.11%)
S&P 500   4,286.74 (+0.45%)
DOW   33,815.08 (+0.45%)
QQQ   352.16 (+0.96%)
AAPL   179.76 (+1.09%)
MSFT   324.61 (+0.38%)
META   266.76 (+1.20%)
GOOGL   122.36 (-0.11%)
AMZN   124.30 (+2.53%)
TSLA   231.20 (+2.95%)
NVDA   385.06 (+2.75%)
NIO   7.65 (-1.42%)
BABA   86.60 (+1.55%)
AMD   121.05 (+2.73%)
T   15.94 (-0.99%)
F   13.56 (-0.22%)
MU   65.17 (-2.82%)
CGC   0.70 (-2.89%)
GE   106.92 (+0.79%)
DIS   92.47 (-0.05%)
AMC   4.61 (-2.54%)
PFE   39.13 (+0.62%)
PYPL   64.21 (+0.27%)
NFLX   404.20 (+1.11%)
S&P 500   4,286.74 (+0.45%)
DOW   33,815.08 (+0.45%)
QQQ   352.16 (+0.96%)
AAPL   179.76 (+1.09%)
MSFT   324.61 (+0.38%)
META   266.76 (+1.20%)
GOOGL   122.36 (-0.11%)
AMZN   124.30 (+2.53%)
TSLA   231.20 (+2.95%)
NVDA   385.06 (+2.75%)
NIO   7.65 (-1.42%)
BABA   86.60 (+1.55%)
AMD   121.05 (+2.73%)
T   15.94 (-0.99%)
F   13.56 (-0.22%)
MU   65.17 (-2.82%)
CGC   0.70 (-2.89%)
GE   106.92 (+0.79%)
DIS   92.47 (-0.05%)
AMC   4.61 (-2.54%)
PFE   39.13 (+0.62%)
PYPL   64.21 (+0.27%)
NFLX   404.20 (+1.11%)
S&P 500   4,286.74 (+0.45%)
DOW   33,815.08 (+0.45%)
QQQ   352.16 (+0.96%)
AAPL   179.76 (+1.09%)
MSFT   324.61 (+0.38%)
META   266.76 (+1.20%)
GOOGL   122.36 (-0.11%)
AMZN   124.30 (+2.53%)
TSLA   231.20 (+2.95%)
NVDA   385.06 (+2.75%)
NIO   7.65 (-1.42%)
BABA   86.60 (+1.55%)
AMD   121.05 (+2.73%)
T   15.94 (-0.99%)
F   13.56 (-0.22%)
MU   65.17 (-2.82%)
CGC   0.70 (-2.89%)
GE   106.92 (+0.79%)
DIS   92.47 (-0.05%)
AMC   4.61 (-2.54%)
PFE   39.13 (+0.62%)
PYPL   64.21 (+0.27%)
NFLX   404.20 (+1.11%)
NASDAQ:FTCI

FTC Solar (FTCI) Stock Forecast, Price & News

$2.70
-0.04 (-1.46%)
(As of 01:21 PM ET)
Compare
Today's Range
$2.69
$2.78
50-Day Range
$2.10
$3.41
52-Week Range
$1.78
$6.06
Volume
457,828 shs
Average Volume
1.32 million shs
Market Capitalization
$301.56 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.14

FTC Solar MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
52.9% Upside
$4.14 Price Target
Short Interest
Bearish
18.10% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$930,336 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Oils/Energy Sector

180th out of 245 stocks

Semiconductors & Related Devices Industry

57th out of 88 stocks


FTCI stock logo

About FTC Solar (NASDAQ:FTCI) Stock

FTC 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.

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.

FTCI Stock News Headlines

FTC Solar, Inc. (NASDAQ:FTCI) Short Interest Up 8.0% in May
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
The Real Problem With "Made in America" Lithium
Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.
Recap: FTC Solar Q1 Earnings
FTC Solar (FTCI) Receives a Rating Update from a Top Analyst
FTC Solar, Inc. (NASDAQ:FTCI) CEO Sells $17,619.25 in Stock
Analysts Set FTC Solar, Inc. (NASDAQ:FTCI) PT at $4.56
See More Headlines

FTCI Price History

FTCI Company Calendar

Last Earnings
5/10/2023
Today
6/08/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:FTCI
Fax
N/A
Employees
221
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$4.14
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$2.50
Forecasted Upside/Downside
+51.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-99,610,000.00
Pretax Margin
-72.63%

Debt

Sales & Book Value

Annual Sales
$123.07 million
Book Value
$0.64 per share

Miscellaneous

Free Float
78,522,000
Market Cap
$306.03 million
Optionable
Not Optionable
Beta
1.74

Key Executives

  • Mr. Sean  HunklerMr. Sean Hunkler (Age 61)
    Pres, CEO & Director
    Comp: $847k
  • Mr. Deepak Navnith (Age 48)
    Exec. Officer
  • Mr. R. Phelps Morris (Age 49)
    Chief Financial Officer
    Comp: $119.28k
  • Mr. Patrick M. Cook (Age 39)
    Chief Commercial Officer
    Comp: $263.87k
  • Mr. Sasan Aminpour (Age 59)
    Chief Operating Officer
  • Ms. Cathy  Behnen CPAMs. Cathy Behnen CPA
    Chief Accounting Officer
  • Mr. Nagendra  CherukupalliMr. Nagendra Cherukupalli (Age 63)
    Chief Technology Officer
  • Mr. Bill Michalek
    VP of Investor Relations
  • Jacob D. Wolf Esq.
    Gen. Counsel & Sec.
  • Mr. Dale Herron
    Chief HR Officer













FTCI Stock - Frequently Asked Questions

Should I buy or sell FTC Solar stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FTC Solar in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FTCI shares.
View FTCI analyst ratings
or view top-rated stocks.

What is FTC Solar's stock price forecast for 2023?

4 brokerages have issued 1-year target prices for FTC Solar's shares. Their FTCI share price forecasts range from $2.50 to $6.00. On average, they expect the company's share price to reach $4.14 in the next year. This suggests a possible upside of 51.2% 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 increased by 2.2% and is now trading at $2.74.
View the best growth stocks for 2023 here
.

Are investors shorting FTC Solar?

FTC Solar saw a increase in short interest in May. As of May 15th, there was short interest totaling 7,060,000 shares, an increase of 8.0% from the April 30th total of 6,540,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is presently 5.1 days. Currently, 18.1% of the company's stock are short sold.
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 Tuesday, August 8th 2023.
View our FTCI earnings forecast
.

How were FTC Solar's earnings last quarter?

FTC Solar, Inc. (NASDAQ:FTCI) released its quarterly earnings data on Wednesday, May, 10th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.03. The company earned $40.89 million during the quarter, compared to the consensus estimate of $38.52 million. FTC Solar had a negative net margin of 73.06% and a negative trailing twelve-month return on equity of 94.60%.

What guidance has FTC Solar issued on next quarter's earnings?

FTC Solar issued an update on its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $42.50 million-$52.50 million, compared to the consensus revenue estimate of $50.08 million.

When did FTC Solar IPO?

(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.

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.60%), Handelsbanken Fonder AB (2.53%), Rock Point Advisors LLC (1.08%), State Street Corp (0.72%), KBC Group NV (0.70%) and Geode Capital Management LLC (0.68%). 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 $2.74.

How much money does FTC Solar make?

FTC Solar (NASDAQ:FTCI) has a market capitalization of $306.03 million and generates $123.07 million in revenue each year. The company earns $-99,610,000.00 in net income (profit) each year or ($0.82) 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 6/8/2023 by MarketBeat.com Staff

My Account -