• Consensus Rating: Buy
  • Consensus Price Target: $5.95
  • Forecasted Upside: 135.18 %
  • Number of Analysts: 7
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 1 Strong Buy Ratings
$2.53
▲ +0.14 (5.86%)

This chart shows the closing price for FTCI by one month, three months, or twelve months.

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Analyst Price Target for FTCI

Analyst Price Target is $5.95
▲ +135.18% Upside Potential
This price target is based on 7 analysts offering 12 month price targets for FTC Solar in the last 3 months. The average price target is $5.95, with a high forecast of $13.00 and a low forecast of $2.50. The average price target represents a 135.18% upside from the last price of $2.53.

This chart shows the closing price for FTCI for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 7 investment analysts is to buy stock in FTC Solar.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/16/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/14/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/13/2021
  • 1 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 1 sell ratings
3/13/2022
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
6/11/2022
  • 1 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 1 sell ratings
9/9/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/8/2022
  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings
12/8/2022

Latest Recommendations

  • 1 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/16/2022Piper SandlerLower Target$2.50N/A
11/16/2022Credit Suisse GroupLower Target$6.00N/A
11/15/2022Northland SecuritiesLower Target$4.00Low
11/10/2022Raymond JamesLower TargetStrong-Buy$6.00 ➝ $5.00Low
10/17/2022Piper SandlerLower TargetNeutral$4.50 ➝ $3.50Low
7/19/2022Piper SandlerUpgradeUnderweight ➝ Neutral$2.00 ➝ $3.50Low
7/12/2022Raymond JamesLower TargetStrong-Buy$7.00 ➝ $6.00Low
6/9/2022UBS GroupBoost Target$8.00Medium
6/6/2022Roth CapitalUpgradeNeutral ➝ BuyHigh
5/23/2022Northland SecuritiesInitiated CoverageOutperform$7.00High
5/11/2022CowenLower Target$10.00 ➝ $6.00Medium
5/11/2022CowenLower Target$10.00 ➝ $6.00High
5/10/2022Raymond JamesLower Target$10.00 ➝ $7.00Low
4/20/2022Piper SandlerDowngradeNeutral ➝ Underweight$4.00 ➝ $3.00High
4/8/2022Piper SandlerDowngradeOverweight ➝ Neutral$9.00 ➝ $4.00High
3/16/2022Bank of AmericaBoost TargetUnderperform ➝ Underperform$4.50 ➝ $5.00Medium
3/16/2022Raymond JamesLower TargetStrong-Buy$12.00 ➝ $10.00High
1/24/2022Roth CapitalDowngradeBuy ➝ Neutral$15.00 ➝ $4.00High
1/20/2022Credit Suisse GroupLower TargetOutperform$18.00 ➝ $10.00Low
1/19/2022Piper SandlerLower Target$14.00 ➝ $9.00High
1/14/2022Bank of AmericaDowngradeNeutral ➝ Underperform$9.00 ➝ $5.00High
1/7/2022Piper SandlerLower Target$17.00 ➝ $14.00Low
12/14/2021Colliers SecuritiesInitiated CoverageBuy$13.00Medium
10/20/2021BarclaysUpgradeEqual Weight ➝ Overweight$11.00 ➝ $9.00High
10/5/2021Raymond JamesLower TargetStrong-Buy$15.00 ➝ $12.00High
8/26/2021Piper SandlerBoost TargetOverweight$15.00 ➝ $17.00High
6/10/2021Piper SandlerInitiated CoverageOverweight$15.00Low
6/9/2021Bank of AmericaDowngradeBuy ➝ Neutral$12.00 ➝ $11.50Low
5/24/2021Roth CapitalInitiated CoverageBuy$15.00Medium
5/24/2021Raymond JamesInitiated CoverageStrong-Buy$13.00High
5/24/2021Credit Suisse GroupInitiated CoverageOutperform$23.00High
5/24/2021UBS GroupInitiated CoverageBuy$13.00High
5/24/2021BarclaysInitiated CoverageEqual Weight$11.00High
5/24/2021CowenInitiated CoverageOutperform$13.00High
5/24/2021Bank of AmericaInitiated CoverageBuy$12.00High
(Data available from 12/8/2017 forward)

News Sentiment Rating

0.78 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
5/12/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
6/11/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/11/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
8/10/2022
  • 2 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
9/9/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/9/2022
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/8/2022
  • 11 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
12/8/2022

Current Sentiment

  • 11 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
FTC Solar logo
FTC 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.
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Today's Range

Now: $2.53
Low: $2.32
High: $2.59

50 Day Range

MA: $2.34
Low: $1.84
High: $3.33

52 Week Range

Now: $2.53
Low: $1.78
High: $8.69

Volume

1,142,935 shs

Average Volume

1,220,259 shs

Market Capitalization

$261.31 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.4

Frequently Asked Questions

What sell-side analysts currently cover shares of FTC Solar?

The following Wall Street research analysts have issued research reports on FTC Solar in the last twelve months: Bank of America Co., Colliers Securities, Cowen Inc, Cowen Inc., Credit Suisse Group AG, Northland Securities, Piper Sandler, Raymond James, Roth Capital, and UBS Group AG.
View the latest analyst ratings for FTCI.

What is the current price target for FTC Solar?

10 Wall Street analysts have set twelve-month price targets for FTC Solar in the last year. Their average twelve-month price target is $5.95, suggesting a possible upside of 149.0%. Colliers Securities has the highest price target set, predicting FTCI will reach $13.00 in the next twelve months. Piper Sandler has the lowest price target set, forecasting a price of $2.50 for FTC Solar in the next year.
View the latest price targets for FTCI.

What is the current consensus analyst rating for FTC Solar?

FTC Solar currently has 1 sell rating, 1 hold rating, 4 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FTCI will outperform the market and that investors should add to their positions of FTC Solar.
View the latest ratings for FTCI.

What other companies compete with FTC Solar?

How do I contact FTC Solar's investor relations team?

The company's listed phone number is 737-787-7906 and its investor relations email address is [email protected] The official website for FTC Solar is www.ftcsolar.com. Learn More about contacing FTC Solar investor relations.