FTC Solar (FTCI) Stock Forecast, Price Target & Predictions

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FTCI Stock Forecast

FTC Solar stock forecast is as follows: an average price target of $5.15 (represents a 1062.53% upside from FTCI’s last price of $0.44) and a rating consensus of 'Hold', based on 12 wall street analysts offering a 1-year stock forecast.

FTCI Price Target

The average price target for FTC Solar (FTCI) is $5.15 based on 1-year price targets from 12 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $0.40. This represents a potential 1062.53% upside from FTCI's last price of $0.44.

FTCI Analyst Ratings

Hold

According to 12 Wall Street analysts, FTC Solar's rating consensus is 'Hold'. The analyst rating breakdown for FTCI stock is 1 'Strong Buy' (8.33%), 5 'Buy' (41.67%), 6 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

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	$0.50	$0.50	0.24%	12.87%
May 13, 2024	Kashy Harrison	Piper Sandler	$0.40	$0.51	-21.21%	-9.71%
Apr 11, 2024	Kashy Harrison	Piper Sandler	$0.50	$0.51	-1.96%	12.87%
Jul 12, 2022	-	Raymond James	$6.00	$3.66	63.93%	1254.40%
Jun 17, 2022	Philip Shen	Roth Capital	$8.00	$4.64	72.23%	1705.87%
May 12, 2022	-	Credit Suisse	$6.00	$2.79	115.05%	1254.40%
May 11, 2022	-	Raymond James	$7.00	$2.87	143.90%	1480.14%
Apr 21, 2022	Kashy Harrison	Piper Sandler	$3.00	$3.21	-6.54%	577.20%
Mar 20, 2022	Jeffrey Osborne	Cowen & Co.	$10.00	$6.49	54.08%	2157.34%

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The latest FTC Solar stock forecast, released on May 22, 2024 by Jon Wilndham from UBS, set a price target of $0.50, which represents a 0.24% increase from the stock price at the time of the forecast ($0.50), and a 12.87% increase from FTCI last price ($0.44).

FTC Solar Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	3
Avg Price Target	-	-	$0.47
Last Closing Price	$0.44	$0.44	$0.44
Upside/Downside	-100.00%	-100.00%	5.34%

In the current month, the average price target of FTC Solar stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to FTC Solar's last price of $0.44. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

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

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FTC Solar's last stock rating was published by Cowen & Co. on Aug 09, 2024. The company gave FTCI a "Buy" rating, the same as its previous rate.

FTC Solar Financial Forecast

FTC Solar Revenue Forecast

	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	$89.59M	$76.91M	$58.35M	$46.73M	$50.70M	$42.39M	$33.58M	$24.91M	$20.06M	$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	$89.59M	$76.91M	$58.35M	$46.73M	$50.70M	$42.39M	$33.58M	$24.91M	$20.06M	$10.93M	$13.04M	$12.82M	$24.36M	$29.21M	$47.38M	$38.46M	$24.78M	$17.22M	$32.44M	$61.75M	$72.58M	$59.24M	$43.69M	$65.13M
Low Forecast	$89.59M	$76.91M	$58.35M	$46.73M	$50.70M	$42.39M	$33.58M	$24.91M	$20.06M	$9.02M	$13.04M	$12.82M	$19.87M	$29.21M	$47.38M	$38.46M	$24.78M	$17.22M	$32.44M	$61.75M	$72.58M	$59.24M	$43.69M	$65.13M
# Analysts	2	2	2	2	1	1	1	1	2	4	2	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%

FTC Solar's average Quarter revenue forecast for Mar 24 based on 3 analysts is $12.82M, with a low forecast of $12.82M, and a high forecast of $12.82M. FTCI's average Quarter revenue forecast represents a -44.76% decrease compared to the company's last Quarter revenue of $23.20M (Dec 23).

FTC Solar EBITDA Forecast

	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	2	2	2	2	1	1	1	1	2	4	2	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	$-35.58M	$-30.54M	$-23.17M	$-18.56M	$-20.14M	$-16.84M	$-13.34M	$-9.89M	$-7.97M	$-3.93M	$-5.18M	$-5.09M	$-9.04M	$-11.60M	$-18.82M	$-15.27M	$-9.84M	$-6.84M	$-12.88M	$-21.63M	$-28.82M	$-23.53M	$-23.48M	$-25.87M
High Forecast	$-35.58M	$-30.54M	$-23.17M	$-18.56M	$-20.14M	$-16.84M	$-13.34M	$-9.89M	$-7.97M	$-3.58M	$-5.18M	$-5.09M	$-7.89M	$-11.60M	$-18.82M	$-15.27M	$-9.84M	$-6.84M	$-12.88M	$-17.30M	$-28.82M	$-23.53M	$-18.78M	$-25.87M
Low Forecast	$-35.58M	$-30.54M	$-23.17M	$-18.56M	$-20.14M	$-16.84M	$-13.34M	$-9.89M	$-7.97M	$-4.34M	$-5.18M	$-5.09M	$-9.67M	$-11.60M	$-18.82M	$-15.27M	$-9.84M	$-6.84M	$-12.88M	$-25.96M	$-28.82M	$-23.53M	$-28.17M	$-25.87M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.26%	1.40%	-	0.79%	2.03%	3.89%	1.94%	1.28%	0.85%	0.95%	2.36%	0.29%

undefined analysts predict FTCI's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than FTC Solar's previous annual EBITDA (undefined) of $NaN.

FTC Solar Net Income Forecast

	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	2	2	2	2	1	1	1	1	2	4	2	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	$4.94M	$2.47M	$-303.29K	$-2.53M	$-1.45M	$-3.00M	$-4.46M	$-7.54M	$-8.09M	$-11.03M	$-11.10M	$-11.45M	$-9.99M	$-8.49M	$-5.73M	$-11.88M	$-14.42M	$-22.01M	$-20.06M	$-21.90M	$-16.17M	$-23.82M	$-23.63M	$-9.23M
High Forecast	$4.94M	$2.47M	$-303.29K	$-2.53M	$-1.45M	$-3.00M	$-4.46M	$-7.54M	$-8.09M	$-9.65M	$-11.10M	$-11.45M	$-9.99M	$-8.49M	$-5.73M	$-11.88M	$-14.42M	$-22.01M	$-20.06M	$-17.52M	$-16.17M	$-23.82M	$-18.90M	$-9.23M
Low Forecast	$4.94M	$2.47M	$-303.29K	$-2.53M	$-1.45M	$-3.00M	$-4.46M	$-7.54M	$-8.09M	$-12.41M	$-11.10M	$-11.45M	$-11.42M	$-8.49M	$-5.73M	$-11.88M	$-14.42M	$-22.01M	$-20.06M	$-26.28M	$-16.17M	$-23.82M	$-28.35M	$-9.23M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.12%	2.00%	-	0.99%	1.42%	1.16%	1.28%	1.27%	1.47%	0.96%	2.36%	0.81%

FTC Solar's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. FTCI's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

FTC Solar SG&A Forecast

	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	2	2	2	2	1	1	1	1	2	4	2	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	$25.54M	$21.92M	$16.63M	$13.32M	$14.45M	$12.08M	$9.57M	$7.10M	$5.72M	$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	$25.54M	$21.92M	$16.63M	$13.32M	$14.45M	$12.08M	$9.57M	$7.10M	$5.72M	$3.11M	$3.72M	$3.65M	$6.94M	$8.33M	$13.50M	$10.96M	$7.06M	$4.91M	$9.24M	$14.93M	$20.69M	$16.88M	$27.58M	$18.56M
Low Forecast	$25.54M	$21.92M	$16.63M	$13.32M	$14.45M	$12.08M	$9.57M	$7.10M	$5.72M	$2.57M	$3.72M	$3.65M	$5.66M	$8.33M	$13.50M	$10.96M	$7.06M	$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%

FTC Solar's average Quarter SG&A projection for Mar 24 is $3.65M, based on 3 Wall Street analysts, with a range of $3.65M to $3.65M. The forecast indicates a -66.72% fall compared to FTCI last annual SG&A of $10.98M (Dec 23).

FTC Solar EPS Forecast

	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	2	2	2	2	1	1	1	1	2	4	2	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	$0.04	$0.02	$-0.00	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.06	$-0.09	$-0.09	$-0.09	$-0.08	$-0.07	$-0.04	$-0.09	$-0.11	$-0.17	$-0.16	$-0.12	$-0.13	$-0.19	$-0.13	$-0.07
High Forecast	$0.04	$0.02	$-0.00	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.06	$-0.08	$-0.09	$-0.09	$-0.08	$-0.07	$-0.04	$-0.09	$-0.11	$-0.17	$-0.16	$-0.12	$-0.13	$-0.19	$-0.13	$-0.07
Low Forecast	$0.04	$0.02	$-0.00	$-0.02	$-0.01	$-0.02	$-0.04	$-0.06	$-0.06	$-0.10	$-0.09	$-0.09	$-0.09	$-0.07	$-0.04	$-0.09	$-0.11	$-0.17	$-0.16	$-0.12	$-0.13	$-0.19	$-0.13	$-0.07
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.14%	2.10%	-	1.18%	1.77%	1.43%	1.64%	2.32%	1.95%	1.27%	5.49%	1.24%

According to undefined Wall Street analysts, FTC Solar's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to FTCI previous annual EPS of $NaN (undefined).

FTC Solar Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
SPWR	SunPower	$0.12	$17.50	14483.33%	Hold
SEDG	SolarEdge	$12.10	$169.17	1298.10%	Hold
FTCI	FTC Solar	$0.44	$5.15	1070.45%	Hold
NOVA	Sunnova Energy	$3.41	$21.09	518.48%	Buy
SHLS	Shoals Technologies Group	$4.95	$16.73	237.98%	Buy
RUN	Sunrun	$10.27	$33.99	230.96%	Buy
CSIQ	Canadian Solar	$11.91	$19.50	63.73%	Sell
NXT	Nextracker	$37.30	$56.36	51.10%	Buy
FSLR	First Solar	$182.13	$239.46	31.48%	Buy
JKS	JinkoSolar	$21.56	$23.80	10.39%	Sell
MAXN	Maxeon Solar	$13.52	$3.75	-72.26%	Hold

FTCI Forecast FAQ

Is FTC Solar a good buy?

No, according to 12 Wall Street analysts, FTC Solar (FTCI) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 5 'Buy' recommendations, accounting for 50.00% of FTCI's total ratings.

What is FTCI's price target?

FTC Solar (FTCI) average price target is $5.15 with a range of $0.4 to $10, implying a 1062.53% from its last price of $0.443. The data is based on 12 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will FTC Solar stock go up soon?

According to Wall Street analysts' prediction for FTCI stock, the company can go up by 1062.53% (from the last price of $0.443 to the average price target of $5.15), up by 2157.34% based on the highest stock price target, and down by -9.71% based on the lowest stock price target.

Can FTC Solar stock reach $1?

FTCI's average twelve months analyst stock price target of $5.15 supports the claim that FTC Solar can reach $1 in the near future.

What are FTC Solar's analysts' financial forecasts?

FTC Solar's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $151.59M (high $151.59M, low $151.59M), average EBITDA is $-60.201M (high $-60.201M, low $-60.201M), average net income is $-16.455M (high $-16.455M, low $-16.455M), average SG&A $43.21M (high $43.21M, low $43.21M), and average EPS is $-0.129 (high $-0.129, low $-0.129). FTCI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $271.58M (high $271.58M, low $271.58M), average EBITDA is $-108M (high $-108M, low $-108M), average net income is $4.58M (high $4.58M, low $4.58M), average SG&A $77.4M (high $77.4M, low $77.4M), and average EPS is $0.0359 (high $0.0359, low $0.0359).

Did the FTCI's actual financial results beat the analysts' financial forecasts?

Based on FTC Solar's last annual report (Dec 2023), the company's revenue was $127M, which missed the average analysts forecast of $137.81M by -7.84%. Apple's EBITDA was $-49.402M, missing the average prediction of $-54.73M by -9.73%. The company's net income was $-50.29M, beating the average estimation of $-36.086M by 39.36%. Apple's SG&A was $51.92M, beating the average forecast of $39.28M by 32.18%. Lastly, the company's EPS was $-0.44, beating the average prediction of $-0.283 by 55.32%. In terms of the last quarterly report (Dec 2023), FTC Solar's revenue was $23.2M, beating the average analysts' forecast of $22.76M by 1.93%. The company's EBITDA was $-11.365M, beating the average prediction of $-9.04M by 25.72%. FTC Solar's net income was $-11.177M, beating the average estimation of $-9.991M by 11.87%. The company's SG&A was $10.98M, beating the average forecast of $6.49M by 69.21%. Lastly, the company's EPS was $-0.0893, beating the average prediction of $-0.0784 by 13.85%