FTC Solar (FTCI) Stock Forecast, Price Target & Predictions
FTCI Stock Forecast
FTC Solar stock forecast is as follows: an average price target of $28.17 (represents a 797.13% upside from FTCI’s last price of $3.14) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.
FTCI Price Target
FTCI Analyst Ratings
Hold
FTC Solar Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 22, 2024 | Jon Wilndham | UBS | $5.00 | $4.99 | 0.20% | 59.24% |
May 13, 2024 | Kashy Harrison | Piper Sandler | $4.00 | $5.08 | -21.26% | 27.39% |
Apr 11, 2024 | Kashy Harrison | Piper Sandler | $5.00 | $5.10 | -1.96% | 59.24% |
Jul 12, 2022 | Raymond James | $30.00 | $18.30 | 63.93% | 855.41% | |
Jun 17, 2022 | Philip Shen | Roth Capital | $40.00 | $23.23 | 72.19% | 1173.89% |
May 12, 2022 | Credit Suisse | $30.00 | $13.95 | 115.05% | 855.41% | |
May 11, 2022 | Raymond James | $35.00 | $14.35 | 143.90% | 1014.65% | |
Apr 21, 2022 | Kashy Harrison | Piper Sandler | $30.00 | $32.10 | -6.54% | 855.41% |
Mar 20, 2022 | Jeffrey Osborne | Cowen & Co. | $60.00 | $38.94 | 54.08% | 1810.83% |
FTC Solar Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 3 |
Avg Price Target | - | - | $4.67 |
Last Closing Price | $3.14 | $3.14 | $3.14 |
Upside/Downside | -100.00% | -100.00% | 48.73% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 09, 2024 | Cowen & Co. | Buy | Buy | Hold |
May 22, 2024 | UBS | Neutral | Neutral | Hold |
May 13, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Apr 11, 2024 | Piper Sandler | Neutral | Neutral | Hold |
Mar 15, 2023 | Loop Capital Markets | Hold | Downgrade | |
Mar 15, 2023 | SVB Leerink | Market Perform | Downgrade | |
Mar 15, 2023 | Citigroup | Overweight | Upgrade | |
Mar 15, 2023 | Jefferies | Hold | Upgrade | |
Mar 15, 2023 | Wells Fargo | Equal-Weight | Upgrade | |
Mar 15, 2023 | Bank of America Securities | Buy | Upgrade | |
Jul 19, 2022 | Piper Sandler | Neutral | Upgrade | |
Jul 12, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
Jun 06, 2022 | Roth Capital | Buy | Upgrade | |
May 12, 2022 | Credit Suisse | Outperform | Outperform | Hold |
FTC Solar Financial Forecast
FTC Solar Revenue Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $23.20M | $30.55M | - | $40.89M | $26.22M | $16.57M | $30.72M | $49.55M | $101.72M | $52.99M | $50.11M | $65.71M |
Avg Forecast | $75.37M | $64.88M | $55.34M | $43.95M | $44.97M | $35.84M | $26.31M | $20.12M | $11.86M | $9.90M | $13.04M | $12.82M | $22.76M | $29.21M | $47.38M | $38.46M | $24.78M | $17.22M | $32.44M | $61.75M | $72.58M | $59.24M | $43.69M | $65.13M |
High Forecast | $106.62M | $91.78M | $78.28M | $62.17M | $63.61M | $50.70M | $37.21M | $23.17M | $13.24M | $14.00M | $13.04M | $12.82M | $24.36M | $41.33M | $67.03M | $54.40M | $35.05M | $17.22M | $32.44M | $61.75M | $72.58M | $59.24M | $43.69M | $65.13M |
Low Forecast | $59.17M | $50.93M | $43.44M | $34.50M | $35.30M | $28.13M | $20.65M | $16.81M | $10.55M | $7.77M | $13.04M | $12.82M | $19.87M | $22.93M | $37.20M | $30.19M | $19.45M | $17.22M | $32.44M | $61.75M | $72.58M | $59.24M | $43.69M | $65.13M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.05% | - | 1.06% | 1.06% | 0.96% | 0.95% | 0.80% | 1.40% | 0.89% | 1.15% | 1.01% |
Forecast
FTC Solar EBITDA Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-11.37M | $-16.28M | - | $-12.14M | $-19.98M | $-26.62M | $-25.02M | $-27.64M | $-24.36M | $-22.23M | $-55.49M | $-7.44M |
Avg Forecast | $-28.36M | $-24.41M | $-20.82M | $-16.53M | $-16.92M | $-13.48M | $-9.90M | $-7.57M | $-4.46M | $-3.72M | $-4.90M | $-4.82M | $-8.56M | $-10.99M | $-17.83M | $-14.47M | $-9.32M | $-6.84M | $-12.88M | $-21.63M | $-28.82M | $-23.53M | $-23.48M | $-25.87M |
High Forecast | $-22.26M | $-19.16M | $-16.34M | $-12.98M | $-13.28M | $-10.59M | $-7.77M | $-6.33M | $-3.97M | $-2.92M | $-4.90M | $-4.82M | $-7.47M | $-8.63M | $-13.99M | $-11.36M | $-7.32M | $-6.84M | $-12.88M | $-17.30M | $-28.82M | $-23.53M | $-18.78M | $-25.87M |
Low Forecast | $-40.11M | $-34.53M | $-29.45M | $-23.39M | $-23.93M | $-19.07M | $-14.00M | $-8.72M | $-4.98M | $-5.27M | $-4.90M | $-4.82M | $-9.17M | $-15.55M | $-25.22M | $-20.47M | $-13.19M | $-6.84M | $-12.88M | $-25.96M | $-28.82M | $-23.53M | $-28.17M | $-25.87M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.33% | 1.48% | - | 0.84% | 2.14% | 3.89% | 1.94% | 1.28% | 0.85% | 0.95% | 2.36% | 0.29% |
Forecast
FTC Solar Net Income Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-11.18M | $-16.94M | - | $-11.76M | $-20.50M | $-25.64M | $-25.68M | $-27.79M | $-23.82M | $-22.92M | $-55.84M | $-7.44M |
Avg Forecast | $26.90M | $8.19M | $-14.85M | $-33.52M | $-33.35M | $-48.80M | $-64.03M | $-73.26M | $-98.67M | $-110.33M | $-111.02M | $-114.48M | $-133.97M | $-84.87M | $-57.31M | $-118.77M | $-144.18M | $-22.01M | $-20.06M | $-21.90M | $-16.17M | $-23.82M | $-23.63M | $-9.23M |
High Forecast | $41.40M | $12.60M | $-10.70M | $-24.15M | $-24.03M | $-35.16M | $-46.13M | $-46.51M | $-61.67M | $-79.50M | $-80.00M | $-82.49M | $-114.19M | $-61.15M | $-41.29M | $-85.58M | $-103.89M | $-22.01M | $-20.06M | $-17.52M | $-16.17M | $-23.82M | $-18.90M | $-9.23M |
Low Forecast | $19.38M | $5.90M | $-22.85M | $-51.58M | $-51.33M | $-75.10M | $-98.54M | $-93.03M | $-123.33M | $-169.79M | $-170.86M | $-176.19M | $-153.76M | $-130.61M | $-88.20M | $-182.78M | $-221.89M | $-22.01M | $-20.06M | $-26.28M | $-16.17M | $-23.82M | $-28.35M | $-9.23M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | 0.20% | - | 0.10% | 0.14% | 1.16% | 1.28% | 1.27% | 1.47% | 0.96% | 2.36% | 0.81% |
Forecast
FTC Solar SG&A Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $10.98M | $17.73M | - | $12.51M | $15.54M | $15.05M | $16.02M | $15.79M | $13.08M | $12.62M | $54.32M | $6.18M |
Avg Forecast | $21.48M | $18.49M | $15.77M | $12.53M | $12.82M | $10.21M | $7.50M | $5.74M | $3.38M | $2.82M | $3.72M | $3.65M | $6.49M | $8.33M | $13.50M | $10.96M | $7.06M | $4.91M | $9.24M | $12.44M | $20.69M | $16.88M | $22.98M | $18.56M |
High Forecast | $30.39M | $26.16M | $22.31M | $17.72M | $18.13M | $14.45M | $10.61M | $6.60M | $3.77M | $3.99M | $3.72M | $3.65M | $6.94M | $11.78M | $19.10M | $15.50M | $9.99M | $4.91M | $9.24M | $14.93M | $20.69M | $16.88M | $27.58M | $18.56M |
Low Forecast | $16.86M | $14.52M | $12.38M | $9.83M | $10.06M | $8.02M | $5.89M | $4.79M | $3.01M | $2.21M | $3.72M | $3.65M | $5.66M | $6.54M | $10.60M | $8.60M | $5.54M | $4.91M | $9.24M | $9.95M | $20.69M | $16.88M | $18.39M | $18.56M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 2.13% | - | 1.14% | 2.20% | 3.07% | 1.73% | 1.27% | 0.63% | 0.75% | 2.36% | 0.33% |
Forecast
FTC Solar EPS Forecast
Quarter
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 4 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.09 | $-0.14 | - | $-0.11 | $-0.20 | $-0.25 | $-0.26 | $-0.28 | $-0.25 | $-0.24 | $-0.70 | $-0.09 |
Avg Forecast | $0.21 | $0.06 | $-0.12 | $-0.26 | $-0.26 | $-0.38 | $-0.50 | $-0.58 | $-0.77 | $-0.87 | $-0.87 | $-0.90 | $-1.05 | $-0.67 | $-0.45 | $-0.93 | $-1.13 | $-0.17 | $-0.16 | $-0.12 | $-0.13 | $-0.19 | $-0.13 | $-0.07 |
High Forecast | $0.33 | $0.10 | $-0.08 | $-0.19 | $-0.19 | $-0.28 | $-0.36 | $-0.37 | $-0.48 | $-0.62 | $-0.63 | $-0.65 | $-0.90 | $-0.48 | $-0.32 | $-0.67 | $-0.82 | $-0.17 | $-0.16 | $-0.12 | $-0.13 | $-0.19 | $-0.13 | $-0.07 |
Low Forecast | $0.15 | $0.05 | $-0.18 | $-0.40 | $-0.40 | $-0.59 | $-0.77 | $-0.73 | $-0.97 | $-1.33 | $-1.34 | $-1.38 | $-1.21 | $-1.03 | $-0.69 | $-1.43 | $-1.74 | $-0.17 | $-0.16 | $-0.12 | $-0.13 | $-0.19 | $-0.13 | $-0.07 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.08% | 0.21% | - | 0.12% | 0.18% | 1.43% | 1.64% | 2.32% | 1.95% | 1.27% | 5.49% | 1.24% |
Forecast
FTC Solar Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
FTCI | FTC Solar | $3.29 | $28.17 | 756.23% | Hold |
NOVA | Sunnova Energy | $4.20 | $10.22 | 143.33% | Buy |
RUN | Sunrun | $10.06 | $23.17 | 130.32% | Buy |
SEDG | SolarEdge | $14.37 | $26.60 | 85.11% | Hold |
SHLS | Shoals Technologies Group | $4.92 | $7.72 | 56.91% | Buy |
NXT | Nextracker | $35.72 | $55.25 | 54.68% | Buy |
CSIQ | Canadian Solar | $11.67 | $17.67 | 51.41% | Buy |
FSLR | First Solar | $188.27 | $275.50 | 46.33% | Buy |
JKS | JinkoSolar | $26.56 | $20.00 | -24.70% | Sell |
MAXN | Maxeon Solar | $6.15 | $3.75 | -39.02% | Sell |