FTC Solar (FTCI) Stock Forecast, Price Target & Predictions
FTCI Stock Forecast
FTC Solar stock forecast is as follows: an average price target of $5.15 (represents a 2410.97% upside from FTCI’s last price of $0.21) 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 2410.97% upside from FTCI's last price of $0.21.
FTCI Analyst Ratings
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% | 143.78% |
| May 13, 2024 | Kashy Harrison | Piper Sandler | $0.40 | $0.51 | -21.21% | 95.03% |
| Apr 11, 2024 | Kashy Harrison | Piper Sandler | $0.50 | $0.51 | -1.96% | 143.78% |
| Jul 12, 2022 | - | Raymond James | $6.00 | $3.66 | 63.93% | 2825.40% |
| Jun 17, 2022 | Philip Shen | Roth Capital | $8.00 | $4.64 | 72.23% | 3800.54% |
| May 12, 2022 | - | Credit Suisse | $6.00 | $2.79 | 115.05% | 2825.40% |
| May 11, 2022 | - | Raymond James | $7.00 | $2.87 | 143.90% | 3312.97% |
| Apr 21, 2022 | Kashy Harrison | Piper Sandler | $3.00 | $3.21 | -6.54% | 1362.70% |
| Mar 20, 2022 | Jeffrey Osborne | Cowen & Co. | $10.00 | $6.49 | 54.08% | 4775.67% |
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 143.78% increase from FTCI last price ($0.21).
FTC Solar Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 3 |
| Avg Price Target | - | - | $0.47 |
| Last Closing Price | $0.21 | $0.21 | $0.21 |
| Upside/Downside | -100.00% | -100.00% | 127.53% |
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 $0.21. 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 |
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 | $91.14M | $79.77M | $59.97M | $48.16M | $59.07M | $52.10M | $40.63M | $28.75M | $23.10M | $10.03M | $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 | $232.51M | $203.52M | $152.99M | $122.87M | $150.70M | $132.93M | $103.65M | $73.34M | $58.94M | $11.08M | $33.26M | $32.70M | $24.36M | $74.53M | $120.88M | $98.11M | $63.21M | $43.93M | $65.00M | $123.73M | $145.44M | $118.70M | $87.56M | $130.51M |
| Low Forecast | $50.57M | $44.26M | $33.27M | $26.72M | $32.78M | $28.91M | $22.54M | $15.95M | $12.82M | $9.15M | $7.23M | $7.11M | $19.87M | $16.21M | $26.29M | $21.34M | $13.75M | $9.55M | $22.38M | $42.60M | $50.07M | $40.87M | $30.15M | $44.94M |
| # 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 $7.11M, and a high forecast of $32.70M. 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 | $-36.19M | $-31.68M | $-23.81M | $-19.13M | $-23.46M | $-20.69M | $-16.14M | $-11.42M | $-9.18M | $-3.98M | $-5.18M | $-5.09M | $-9.04M | $-11.60M | $-18.82M | $-15.27M | $-9.84M | $-20.79M | $-12.88M | $-21.63M | $-28.82M | $-23.53M | $-23.48M | $-25.87M |
| High Forecast | $-20.08M | $-17.58M | $-13.21M | $-10.61M | $-13.02M | $-11.48M | $-8.95M | $-6.33M | $-5.09M | $-3.63M | $-2.87M | $-2.82M | $-7.89M | $-6.44M | $-10.44M | $-8.47M | $-5.46M | $-16.63M | $-8.89M | $-17.30M | $-19.89M | $-16.23M | $-18.78M | $-17.85M |
| Low Forecast | $-92.34M | $-80.82M | $-60.76M | $-48.79M | $-59.85M | $-52.79M | $-41.16M | $-29.13M | $-23.41M | $-4.40M | $-13.21M | $-12.99M | $-9.67M | $-29.60M | $-48.00M | $-38.96M | $-25.10M | $-24.95M | $-25.81M | $-25.96M | $-57.76M | $-47.14M | $-28.17M | $-51.83M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.26% | 1.40% | - | 0.79% | 2.03% | 1.28% | 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 | $4.54M | $2.75M | $-114.56K | $-2.02M | $614.08K | $-906.79K | $-3.29M | $-5.60M | $-6.81M | $-10.75M | $-11.00M | $-11.34M | $-20.58M | $-8.41M | $-5.68M | $-11.76M | $-14.28M | $-21.43M | $-20.06M | $-21.90M | $-16.17M | $-23.82M | $-23.63M | $-9.23M |
| High Forecast | $13.70M | $8.30M | $-48.27K | $-851.89K | $1.85M | $-382.06K | $-1.38M | $-2.36M | $-2.87M | $-4.61M | $-4.63M | $-4.78M | $-11.31M | $-3.54M | $-2.39M | $-4.96M | $-6.02M | $-17.14M | $-11.97M | $-17.52M | $-9.65M | $-14.22M | $-18.90M | $-5.51M |
| Low Forecast | $1.91M | $1.16M | $-345.58K | $-6.10M | $258.73K | $-2.74M | $-9.91M | $-16.89M | $-20.53M | $-13.82M | $-33.17M | $-34.21M | $-29.85M | $-25.36M | $-17.12M | $-35.49M | $-43.08M | $-25.71M | $-46.24M | $-26.28M | $-37.28M | $-54.92M | $-28.35M | $-21.28M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.54% | 2.01% | - | 1.00% | 1.44% | 1.20% | 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 | $25.98M | $22.74M | $17.09M | $13.73M | $16.84M | $14.85M | $11.58M | $8.19M | $6.58M | $2.86M | $3.72M | $3.65M | $6.49M | $8.33M | $13.50M | $10.96M | $7.06M | $11.80M | $9.24M | $12.44M | $20.69M | $16.88M | $22.98M | $18.56M |
| High Forecast | $66.27M | $58.00M | $43.60M | $35.02M | $42.95M | $37.89M | $29.54M | $20.90M | $16.80M | $3.16M | $9.48M | $9.32M | $6.94M | $21.24M | $34.45M | $27.96M | $18.02M | $14.16M | $18.52M | $14.93M | $41.45M | $33.83M | $27.58M | $37.20M |
| Low Forecast | $14.41M | $12.62M | $9.48M | $7.62M | $9.34M | $8.24M | $6.43M | $4.55M | $3.65M | $2.61M | $2.06M | $2.03M | $5.66M | $4.62M | $7.49M | $6.08M | $3.92M | $9.44M | $6.38M | $9.95M | $14.27M | $11.65M | $18.39M | $12.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.69% | 2.13% | - | 1.14% | 2.20% | 1.28% | 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 $2.03M to $9.32M. 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 | $-0.03 | $-0.04 | $-0.05 | $-0.09 | $-0.09 | $-0.09 | $-0.16 | $-0.07 | $-0.04 | $-0.09 | $-0.11 | $-0.17 | $-0.16 | $-0.12 | $-0.13 | $-0.19 | $-0.13 | $-0.07 |
| High Forecast | $0.11 | $0.07 | $-0.00 | $-0.01 | $0.01 | $-0.00 | $-0.01 | $-0.02 | $-0.02 | $-0.04 | $-0.04 | $-0.04 | $-0.09 | $-0.03 | $-0.02 | $-0.04 | $-0.05 | $-0.07 | $-0.09 | $-0.07 | $-0.08 | $-0.11 | $-0.08 | $-0.04 |
| Low Forecast | $0.02 | $0.01 | $-0.00 | $-0.05 | - | $-0.02 | $-0.08 | $-0.13 | $-0.16 | $-0.11 | $-0.26 | $-0.27 | $-0.24 | $-0.20 | $-0.14 | $-0.28 | $-0.34 | $-0.53 | $-0.37 | $-0.28 | $-0.30 | $-0.44 | $-0.29 | $-0.17 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.55% | 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 |
| MAXN | Maxeon Solar | $0.08 | $3.75 | 4587.50% | Hold |
| FTCI | FTC Solar | $0.21 | $5.15 | 2352.38% | Hold |
| SEDG | SolarEdge | $19.49 | $197.71 | 914.42% | Hold |
| SHLS | Shoals Technologies Group | $5.65 | $20.10 | 255.75% | Buy |
| NOVA | Sunnova Energy | $10.47 | $24.91 | 137.92% | Buy |
| RUN | Sunrun | $18.17 | $35.68 | 96.37% | Buy |
| CSIQ | Canadian Solar | $11.91 | $22.33 | 87.49% | Buy |
| NXT | Nextracker | $34.60 | $55.64 | 60.81% | Buy |
| JKS | JinkoSolar | $17.63 | $25.00 | 41.80% | Sell |
| FSLR | First Solar | $208.65 | $227.76 | 9.16% | Buy |
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 2410.97% from its last price of $0.205. 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 2410.97% (from the last price of $0.205 to the average price target of $5.15), up by 4775.67% based on the highest stock price target, and up by 95.03% based on the lowest stock price target.
Can FTC Solar stock reach $0?
FTCI's average twelve months analyst stock price target of $5.15 supports the claim that FTC Solar can reach $0 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 $180.55M (high $460.62M, low $100.18M), average EBITDA is $-71.703M (high $-39.786M, low $-183M), average net income is $-9.176M (high $-2.273M, low $-29.273M), average SG&A $51.46M (high $131.28M, low $28.55M), and average EPS is $-0.0727 (high $-0.018, low $-0.232). FTCI's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $279.04M (high $711.88M, low $154.83M), average EBITDA is $-111M (high $-61.489M, low $-283M), average net income is $5.15M (high $21.09M, low $-3.373M), average SG&A $79.53M (high $202.9M, low $44.13M), and average EPS is $0.0408 (high $0.167, low $-0.0267).
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 $-46.428M by 8.32%. 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 $-0.368 by 19.57%. 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, missing the average estimation of $-20.582M by -45.69%. 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, missing the average prediction of $-0.163 by -45.26%