FTC Solar Stock Forecast, Price & News

FTC Solar (NASDAQ:FTCI) Frequently Asked Questions

Is FTC Solar a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FTC Solar in the last year. There are currently 1 sell rating, 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FTC Solar stock.
View analyst ratings for FTC Solar or view top-rated stocks.

Are investors shorting FTC Solar?

FTC Solar saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,110,000 shares, an increase of 26.3% from the December 15th total of 1,670,000 shares. Based on an average daily trading volume, of 991,700 shares, the short-interest ratio is currently 2.1 days. Approximately 13.6% of the company's shares are short sold.
View FTC Solar's Short Interest.

When is FTC Solar's next earnings date?

FTC Solar is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for FTC Solar.

How were FTC Solar's earnings last quarter?

FTC Solar, Inc. (NASDAQ:FTCI) released its earnings results on Wednesday, November, 10th. The company reported ($0.17) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.03. The company had revenue of $52.99 million for the quarter, compared to the consensus estimate of $60.83 million. FTC Solar had a negative trailing twelve-month return on equity of 63.08% and a negative net margin of 45.04%.
View FTC Solar's earnings history.

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

FTC Solar updated its fourth quarter 2021 earnings guidance on Wednesday, December, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $70 million-$80 million, compared to the consensus revenue estimate of $129 million.

What price target have analysts set for FTCI?

9 brokerages have issued 12 month target prices for FTC Solar's stock. Their forecasts range from $4.00 to $13.00. On average, they anticipate FTC Solar's stock price to reach $9.78 in the next year. This suggests a possible upside of 176.2% from the stock's current price.
View analysts' price targets for FTC Solar or view top-rated stocks among Wall Street analysts.

Who are FTC Solar's key executives?

FTC Solar's management team includes the following people:

• Mr. Anthony P. Etnyre, Pres, CEO & Director (Age 51)
• Mr. Patrick M. Cook, CFO & Treasurer (Age 37)
• Mr. Deepak Navnith, Chief Operations Officer (Age 47)
• Ms. Cathy Behnen, Chief Accounting Officer
• Mr. Nagendra Cherukupalli, Chief Technology Officer (Age 61)
• Jacob D. Wolf Esq., Gen. Counsel & Sec.
• Mr. Ali Mortazavi, Exec. VP of Global Sales & Marketing (Age 61)

Who are some of FTC Solar's key competitors?

Some companies that are related to FTC Solar include Netlist (NLST), ChipMOS TECHNOLOGIES (IMOS), Navitas Semiconductor (NVTS), Ichor (ICHR), Alpha and Omega Semiconductor (AOSL), Photronics (PLAB), indie Semiconductor (INDI), nLIGHT (LASR), NeoPhotonics (NPTN), Magnachip Semiconductor (MX), Canaan (CAN), Sequans Communications (SQNS), Meta Materials (MMAT), Arteris (AIP) and SkyWater Technology (SKYT).
View all of FTCI's competitors.

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 a variety of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.07%) and Mesirow Financial Investment Management Inc. (0.03%). Company insiders that own FTC Solar stock include David Springer, Kristian Nolde, Nagendra Cherukupalli, Sean Hunkler and William A Priddy.
View institutional ownership trends for FTC Solar.

Which institutional investors are selling FTC Solar stock?

FTCI stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. Company insiders that have sold FTC Solar company stock in the last year include David Springer, Kristian Nolde, and Nagendra Cherukupalli.
View insider buying and selling activity for FTC Solar or view top insider-selling stocks.

Which institutional investors are buying FTC Solar stock?

FTCI stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio. Company insiders that have bought FTC Solar stock in the last two years include Sean Hunkler, and William A Priddy.
View insider buying and selling activity for FTC Solar or or view top insider-buying stocks.

How do I buy shares of FTC Solar?

Shares of FTCI 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 $3.54.

How much money does FTC Solar make?

FTC Solar has a market capitalization of $300.85 million and generates $187.35 million in revenue each year.

How many employees does FTC Solar have?

FTC Solar employs 178 workers across the globe.

What is FTC Solar's official website?

The official website for FTC Solar is www.ftcsolar.com.

How can I contact FTC Solar?

The company can be reached via phone at 737-787-7906 or via email at [email protected].