NASDAQ:FTCI - FTC Solar Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $14.31
  • Forecasted Upside: 11.47 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
$12.84
▼ -0.09 (-0.70%)

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 $14.31
▲ +11.47% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for FTC Solar in the last 3 months. The average price target is $14.31, with a high forecast of $23.00 and a low forecast of $11.00. The average price target represents a 11.47% upside from the last price of $12.84.

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 8 investment analysts is to buy stock in FTC Solar.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/26/2021
  • 1 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
5/25/2021
  • 1 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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 6/24/2016 forward)
FTC Solar logo
FTC Solar, Inc. provides solar tracker systems, and software and engineering services in the United States and internationally. The company markets its two-panel in-portrait single-axis tracker systems under the Voyager brand name. Its software solutions include SunPath, a solution to enhance energy production; SunDAT, an online 3D solar PV design solution; and Atlas, a solar portfolio management solution. The company serves customers through a sales and support network. Its customers include solar asset owners and project developers; and 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: $12.84
Low: $12.31
High: $13.17

50 Day Range

MA: N/A

52 Week Range

Now: $12.84
Low: $7.79
High: $15.46

Volume

1,154,683 shs

Average Volume

981,697 shs

Market Capitalization

$1.08 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

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., Barclays PLC, Cowen Inc, Credit Suisse Group AG, 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?

8 Wall Street analysts have set twelve-month price targets for FTC Solar in the last year. Their average twelve-month price target is $14.31, suggesting a possible upside of 10.7%. Credit Suisse Group AG has the highest price target set, predicting FTCI will reach $23.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $11.00 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 2 hold ratings, 5 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.