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FTC Solar - FTCI Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.49
  • Forecasted Upside: 271.34%
  • Number of Analysts: 7
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 1 Strong Buy Ratings
$0.40 As of 04/25/2024 01:00 AM ET
▼ -0.05 (-11.07%)

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 $1.49
▲ +271.34% 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 $1.49, with a high forecast of $2.50 and a low forecast of $0.45. The average price target represents a 271.34% upside from the last price of $0.40.

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 Hold

The current consensus among 7 polled investment analysts is to hold stock in FTC Solar. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 1 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/14/2024HC WainwrightLower TargetBuy ➝ Buy$2.50 ➝ $1.50Low
3/14/2024Roth CapitalDowngradeBuy ➝ NeutralLow
3/14/2024Roth MkmReiterated RatingBuy ➝ Neutral$2.00 ➝ $0.45Low
12/15/2023Northland SecuritiesBoost TargetMarket Perform ➝ Market Perform$0.65 ➝ $1.00Low
11/9/2023Northland SecuritiesDowngradeOutperform ➝ Market Perform$0.65Low
11/9/2023HC WainwrightLower TargetBuy ➝ Buy$5.00 ➝ $2.50Low
11/9/2023Raymond JamesLower TargetStrong-Buy ➝ Strong-Buy$4.00 ➝ $2.00Low
10/6/2023Piper SandlerLower TargetNeutral ➝ Neutral$2.50 ➝ $1.50Low
8/15/2023UBS GroupDowngradeBuy ➝ Neutral$4.00 ➝ $2.50Low
8/10/2023Piper SandlerLower TargetNeutral ➝ Neutral$3.00 ➝ $2.50Low
8/10/2023HC WainwrightReiterated RatingBuy ➝ Buy$5.00Low
4/13/2023HC WainwrightInitiated CoverageBuy$5.00Low
4/5/2023Raymond JamesLower TargetStrong-Buy$5.00 ➝ $4.00Low
3/29/2023UBS GroupLower Target$5.00 ➝ $4.00Low
3/15/2023Bank of AmericaUpgradeUnderperform ➝ Buy$2.00 ➝ $3.50Low
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 4/26/2019 forward)

News Sentiment Rating

0.70 (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
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/29/2023
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 1 very positive mentions
  • 6 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
11/28/2023
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 9 very positive mentions
  • 11 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 2 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

FTC Solar logo
FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.
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Today's Range

Now: $0.40
Low: $0.40
High: $0.47

50 Day Range

MA: $0.49
Low: $0.38
High: $0.59

52 Week Range

Now: $0.40
Low: $0.28
High: $3.87

Volume

488,887 shs

Average Volume

703,503 shs

Market Capitalization

$50.22 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.62

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: HC Wainwright, Northland Securities, Piper Sandler, Raymond James, Roth Capital, Roth Mkm, and UBS Group AG.
View the latest analyst ratings for FTCI.

What is the current price target for FTC Solar?

6 Wall Street analysts have set twelve-month price targets for FTC Solar in the last year. Their average twelve-month price target is $1.49, suggesting a possible upside of 271.3%. UBS Group AG has the highest price target set, predicting FTCI will reach $2.50 in the next twelve months. Roth Mkm has the lowest price target set, forecasting a price of $0.45 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 5 hold ratings, 1 buy rating and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FTCI, but not buy more shares or sell existing shares.
View the latest ratings for FTCI.

What other companies compete with FTC Solar?

Other companies that are similar to FTC Solar include Tigo Energy, Babcock & Wilcox Enterprises, Complete Solaria, SPI Energy and Strattec Security. Learn More about companies similar to 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.