Want to see FTCI full AI Analyst Report?
FTCI Stock Chart & Stats
$2.96
$0.24(8.11%)
At close: 4:00 PM EDT
$2.96
$0.24(8.11%)
Day’s Range― - ―
52-Week Range$2.11 - $12.75
Previous Close$3.14
Volume220.49K
Average Volume (3M)140.49K
Market Cap
$35.19M
Enterprise Value$94.72
Total Cash (Recent Filing)$10.07M
Total Debt (Recent Filing)$24.27M
Price to Earnings (P/E)―
Beta2.75
Next Earnings
Nov 11, 2026EPS Estimate
-0.57Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.25
Shares Outstanding16,521,397
10 Day Avg. Volume217,781
30 Day Avg. Volume140,493
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)-3.79
Price to Sales (P/S)1.53
P/FCF Ratio-4.42
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$8.88Price Target Upside199.83% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)-0.36
Revenue Forecast (FY)$139.29M
Bulls Say, Bears Say
Bulls Say
Revenue Growth And Bookings VisibilityStrong recent growth, sustained bookings and coverage of about 80% of second-half revenue improve demand visibility. This supports scale benefits and gives FTC Solar a stronger foundation to pursue its reaffirmed 40% 2026 growth target.
Expanded Access To Major CustomersBroader approved-vendor access and large orders from leading EPCs and developers can expand the addressable project pipeline. Greater customer penetration may reduce dependence on a narrow account base and strengthen competitive positioning over time.
International Expansion And Contracted BacklogInternational wins in Australia and India diversify FTC Solar’s project opportunities beyond the U.S. Combined with the reported backlog, this creates a longer-duration revenue base and may improve manufacturing and project-planning scale if execution remains effective.
Bears Say
Persistent Losses And Weak MarginsFTC Solar remains far from breakeven despite revenue stabilization. Very low or negative margins leave earnings highly exposed to pricing, project mix and execution, while recurring operating losses could limit the company’s ability to fund growth internally.
Liquidity And Covenant PressureCash below covenant requirements and current classification of borrowings indicate limited financial flexibility. Continued reliance on lender waivers increases refinancing and execution risk, particularly if project deliveries or margin improvement are delayed.
Negative Equity And Ongoing Cash BurnNegative equity reflects substantial erosion of the capital base, while operating and free cash flow remain deeply negative. FTC Solar therefore depends on external capital or balance-sheet resources, which can constrain strategic flexibility and raise dilution or funding risk.
FTCI FAQ
What was Ftc Solar, Inc.’s price range in the past 12 months?
Ftc Solar, Inc. lowest stock price was $2.11 and its highest was $12.75 in the past 12 months.
What is Ftc Solar, Inc.’s market cap?
Ftc Solar, Inc.’s market cap is $35.19M.
When is Ftc Solar, Inc.’s upcoming earnings report date?
Ftc Solar, Inc.’s upcoming earnings report date is Nov 11, 2026 which is in 80 days.
How were Ftc Solar, Inc.’s earnings last quarter?
Ftc Solar, Inc. released its earnings results on Aug 05, 2026. The company reported -$1.69 earnings per share for the quarter, missing the consensus estimate of -$0.445 by -$1.245.
Is Ftc Solar, Inc. overvalued?
According to Wall Street analysts Ftc Solar, Inc.’s price is currently Undervalued.
Does Ftc Solar, Inc. pay dividends?
Ftc Solar, Inc. does not currently pay dividends.
What is Ftc Solar, Inc.’s EPS estimate?
Ftc Solar, Inc.’s EPS estimate is -0.57.
How many shares outstanding does Ftc Solar, Inc. have?
Ftc Solar, Inc. has 16,521,397 shares outstanding.
What happened to Ftc Solar, Inc.’s price movement after its last earnings report?
Ftc Solar, Inc. reported an EPS of -$1.69 in its last earnings report, missing expectations of -$0.445. Following the earnings report the stock price went down -4.221%.
Which hedge fund is a major shareholder of Ftc Solar, Inc.?
Currently, no hedge funds are holding shares in FTCI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
FTC Solar Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$8.88 (199.83% Upside)
$8.88 (199.83% Upside)
Blogger Sentiment
Bullish
FTCI Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 236.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 6.5%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
18.21%
Trailing 12-Months
Company Description
Ftc Solar, Inc.
FTC Solar, Inc. operates internationally, with a significant presence in the United States and Vietnam, specializing in advanced solar energy solutions. The company provides cutting-edge solar tracker systems, supporting technology, specialized software, and expert engineering services. Among its core offerings is the Voyager single-axis tracker, designed to orient two solar panels in a portrait configuration. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.
FTCI Company Deck
FTCI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong commercial momentum (large new POs, sustained bookings ~ $60M/quarter, AVL expansion, international wins) and clear execution initiatives (AI, robotics, cost programs) that support upside to revenue and margins. However, material near-term weaknesses remain — negative gross margins, a large GAAP net loss, ongoing adjusted EBITDA losses, a cash balance below covenant levels with waivers in place, and classification of borrowings as current — which create tangible liquidity and execution risk. Given the combination of encouraging growth signals but significant financial and covenant challenges, the outlook is cautiously constructive but carries meaningful near-term risk.View all FTCI earnings summariesFTCI Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$8.88
▲(199.83% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
18.99% Insiders
4.64% Mutual Funds
1.80% Other Institutional Investors
71.56% Public Companies and
Individual Investors












