NASDAQ:FTCI FTC Solar - FTCI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $2.90 +0.09 (+3.20%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$2.79▼$3.0150-Day Range$1.96▼$3.1552-Week Range$1.78▼$6.82Volume1.00 million shsAverage Volume1.18 million shsMarket Capitalization$299.54 millionP/E RatioN/ADividend YieldN/APrice Target$5.31 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media FTC Solar MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside83.2% Upside$5.31 Price TargetShort InterestBearish17.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.51Based on 3 Articles This WeekInsider TradingSelling Shares$2.09 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.91) to ($0.43) 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.1.92 out of 5 starsOils/Energy Sector171st out of 237 stocksSemiconductors & Related Devices Industry58th out of 89 stocks 3.3 Analyst's Opinion Consensus RatingFTC Solar has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.31, FTC Solar has a forecasted upside of 83.2% from its current price of $2.90.Amount of Analyst CoverageFTC Solar has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted17.73% 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 4.7.Change versus previous monthShort interest in FTC Solar has recently decreased by 3.92%, indicating that investor sentiment is improving. 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 0.8 News and Social Media Coverage News SentimentFTC Solar has a news sentiment score of -0.51. 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 lower news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for FTC Solar this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for FTCI on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added FTC Solar to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 578.74% more of their company's stock than they have bought. Specifically, they have bought $307,352.00 in company stock and sold $2,086,130.00 in company stock.Percentage Held by Insiders44.10% 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 28.59% 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 ($0.91) to ($0.43) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FTC Solar is -2.79, 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 -2.79, 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 1.73. 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, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. 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 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 Stock News HeadlinesFebruary 2, 2023 | americanbankingnews.comFTC Solar, Inc. (NASDAQ:FTCI) Major Shareholder Arc Family Trust Sells 75,000 Shares of StockJanuary 31, 2023 | finance.yahoo.comInsiders of FTC Solar, Inc. (NASDAQ:FTCI) must be disappointed as stock fell 11% after recent purchasesFebruary 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 28, 2023 | americanbankingnews.comFTC Solar, Inc. (NASDAQ:FTCI) Major Shareholder Sells $310,000.00 in StockJanuary 23, 2023 | finance.yahoo.comFTC Solar Announces Board TransitionJanuary 22, 2023 | nbcnews.comFTC calls for Martin Shkreli to be held in contempt of court for forming new drug companyJanuary 22, 2023 | cnn.comFTC calls on federal court to hold ‘pharma bro’ Martin Shkreli in contemptJanuary 15, 2023 | businessinsider.comThe FTC's proposed ban on noncompete agreements could create a world of opportunity for entrepreneursFebruary 6, 2023 | Wall Street Watch Dogs (Ad)A gold storm is coming…“We are in the early stages of a mania – the calm before the storm.”...January 15, 2023 | wsj.comFTC Weighs Stiff Penalties on Deceptive ‘Green’ MarketingJanuary 9, 2023 | finance.yahoo.comFTC Solar to Present at Needham Growth Conference January 12, 2023December 29, 2022 | finance.yahoo.comWhen Can We Expect A Profit From FTC Solar, Inc. (NASDAQ:FTCI)?December 13, 2022 | msn.comFTC Solar's Return On Capital Employed InsightsDecember 2, 2022 | finance.yahoo.comThe past year for FTC Solar (NASDAQ:FTCI) investors has not been profitableNovember 12, 2022 | finance.yahoo.comThe Consensus EPS Estimates For FTC Solar, Inc. (NASDAQ:FTCI) Just Fell A LotNovember 11, 2022 | finance.yahoo.comFTC Solar Third Quarter 2022 Earnings: Misses ExpectationsNovember 9, 2022 | seekingalpha.comFTC Solar, Inc. (FTCI) Q3 2022 Earnings Call TranscriptNovember 9, 2022 | finance.yahoo.comFTC Solar (FTCI) Reports Q3 Loss, Misses Revenue EstimatesNovember 9, 2022 | finanznachrichten.deFTC Solar, Inc: FTC Solar Announces Third Quarter 2022 Financial ResultsNovember 9, 2022 | finance.yahoo.comFTC Solar Announces Third Quarter 2022 Financial ResultsNovember 8, 2022 | finance.yahoo.comFTC's Novel Clamping Solution for First Solar Modules Enables Rapid InstallationOctober 27, 2022 | finance.yahoo.comBullish insiders bet US$1.5m on FTC Solar, Inc. (NASDAQ:FTCI)October 26, 2022 | finance.yahoo.comFTC Solar to Announce Third Quarter 2022 Financial Results Wednesday, November 9, 2022October 25, 2022 | seekingalpha.comFTC Solar: No Sunshine HereOctober 3, 2022 | seekingalpha.comFTC Solar to supply Australia's largest DC-coupled solar PV, battery projectOctober 3, 2022 | finance.yahoo.comFTC Solar to Supply 128MW Hybrid Solar Project in AustraliaSeptember 20, 2022 | seekingalpha.comFTCI FTC Solar, Inc.See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/09/2022Today2/06/2023Next Earnings (Estimated)3/21/2023Fiscal 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 PhoneN/AFaxN/AEmployees223Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.31 High Stock Price Forecast$8.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+83.2%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.04) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-106,590,000.00 Net Margins-51.87% Pretax Margin-51.85% Return on Equity-81.67% Return on Assets-46.05% Debt Debt-to-Equity RatioN/A Current Ratio2.16 Quick Ratio1.87 Sales & Book Value Annual Sales$270.52 million Price / Sales1.11 Cash FlowN/A Price / Cash FlowN/A Book Value$1.68 per share Price / Book1.73Miscellaneous Outstanding Shares103,290,000Free Float57,736,000Market Cap$299.54 million OptionableNot Optionable Beta1.92 Key ExecutivesMr. Sean Hunkler (Age 60)Pres, CEO & Director Comp: $433.33kMr. Deepak Navnith (Age 47)Exec. Officer Comp: $276.1kMr. R. Phelps Morris (Age 48)Chief Financial Officer Ms. Cathy BehnenChief Accounting OfficerMr. Nagendra Cherukupalli (Age 62)Chief Technology Officer Mr. Bill MichalekVP of Investor RelationsJacob D. Wolf Esq.Gen. Counsel & Sec.Mr. Kristian Nolde (Age 44)VP of Marketing & Strategy Ms. Giselle PhanChief People OfficerMr. Patrick M. Cook (Age 38)Chief Commercial Officer More ExecutivesKey CompetitorsReneSolaNYSE:SOLMaxeon Solar TechnologiesNASDAQ:MAXNNACCO IndustriesNYSE:NCHallador EnergyNASDAQ:HNRGUranium RoyaltyNASDAQ:UROYView All CompetitorsInsiders & InstitutionsSimplex Trading LLCSold 1,300 shares on 2/2/2023Ownership: 0.000%Arc Family TrustSold 75,000 sharesTotal: $207,000.00 ($2.76/share)ARS Investment Partners LLCBought 32,000 shares on 1/25/2023Ownership: 0.109%Arc Family TrustSold 100,000 sharesTotal: $310,000.00 ($3.10/share)Aspiriant LLCBought 10,000 shares on 1/23/2023Ownership: 0.010%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 year. There are currently 1 sell rating, 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? 5 analysts have issued 12 month price targets for FTC Solar's shares. Their FTCI share price forecasts range from $2.50 to $8.00. On average, they expect the company's share price to reach $5.31 in the next year. This suggests a possible upside of 82.6% 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 beginning of the year. Since then, FTCI stock has increased by 8.6% and is now trading at $2.91. View the best growth stocks for 2023 here. When is FTC Solar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 21st 2023. View our FTCI earnings forecast. How were FTC Solar's earnings last quarter? FTC Solar, Inc. (NASDAQ:FTCI) posted its quarterly earnings results on Wednesday, November, 9th. The company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by $0.02. The business earned $16.57 million during the quarter, compared to the consensus estimate of $17.28 million. FTC Solar had a negative net margin of 51.87% and a negative trailing twelve-month return on equity of 81.67%. What guidance has FTC Solar issued on next quarter's earnings? FTC Solar updated its fourth quarter 2022 earnings guidance on Friday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $23.00 million-$27.00 million, compared to the consensus revenue estimate of $78.35 million. When did FTC Solar IPO? (FTCI) raised $350 million in an initial public offering (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 served 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 institutional and retail investors. Top institutional investors include ARS Investment Partners LLC (0.11%), Activest Wealth Management (0.02%), Aspiriant LLC (0.01%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). 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, Sean Hunkler, South Cone Investments Limited, 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 $2.91. How much money does FTC Solar make? FTC Solar (NASDAQ:FTCI) has a market capitalization of $300.57 million and generates $270.52 million in revenue each year. The company earns $-106,590,000.00 in net income (profit) each year or ($1.04) on an earnings per share basis. How many employees does FTC Solar have? The company employs 223 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 2/6/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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