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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$2.57 - $12.75
Previous Close$3.14
Volume220.49K
Average Volume (3M)140.49K
Market Cap
$44.01M
Enterprise Value$102.44
Total Cash (Recent Filing)$5.64M
Total Debt (Recent Filing)$23.42M
Price to Earnings (P/E)―
Beta2.78
Next Earnings
Aug 05, 2026EPS Estimate
-0.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.93
Shares Outstanding16,005,295
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
$11.67Price Target Upside294.14% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.86
Revenue Forecast (FY)$142.63M
Bulls Say, Bears Say
Bulls Say
Large Contracted Backlog And 1 GW AwardA ~$543M contracted backlog and a 1 GW award give durable revenue visibility and production runway. This supports multi-quarter manufacturing utilization, reduces near-term sales volatility, and enables phased execution of projects that underpin medium-term revenue realization.
New CEO With Renewables And Storage ExperienceAppointment of Anthony Carroll, who has renewables and energy storage experience and performance-based compensation, signals a governance reset. Seasoned leadership can improve strategic execution, strengthen developer/EPC relationships, and better align incentives for multi-quarter operational improvements.
Specialized Utility-scale Solar Tracker Business ModelFTC Solar's focused product and services mix—single-axis trackers plus engineering and software—aligns with structural utility-scale solar growth. Specialization creates aftermarket, installation and software revenue opportunities that can deliver recurring demand beyond single project sales.
Bears Say
Persistent Negative Operating And Free Cash FlowSustained cash burn (TTM OpCF ~-$37.7M; FCF ~-$39.1M) forces reliance on external capital and limits internal funding for manufacturing, inventory and R&D. Continued negative cash generation elevates liquidity risk and constrains the company’s ability to scale operations while executing backlog.
Negative Stockholders' Equity And Weakened Balance SheetNegative shareholders' equity (~-$6.1M) reflects a materially weakened balance sheet. This reduces borrowing flexibility, raises refinancing and covenant risk, and limits the firm's capacity to absorb cost overruns or delays when delivering large utility-scale projects without fresh capital.
Deeply Negative Margins And Operating LossesVery low gross margin (~3.5%) and steep net/EBIT losses (~-42% and ~-54%) show the business has not reached a sustainable cost structure. Even with revenue improvements, such margin profiles require structural pricing or cost changes to achieve sustained profitability within the medium term.
FTC Solar News
FTCI FAQ
What was Ftc Solar, Inc.’s price range in the past 12 months?
Ftc Solar, Inc. lowest stock price was $2.57 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 $44.01M.
When is Ftc Solar, Inc.’s upcoming earnings report date?
Ftc Solar, Inc.’s upcoming earnings report date is Aug 05, 2026 which is in 3 days.
How were Ftc Solar, Inc.’s earnings last quarter?
Ftc Solar, Inc. released its earnings results on May 05, 2026. The company reported $1.456 earnings per share for the quarter, beating the consensus estimate of -$0.445 by $1.901.
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 -0.45.
How many shares outstanding does Ftc Solar, Inc. have?
Ftc Solar, Inc. has 16,005,295 shares outstanding.
What happened to Ftc Solar, Inc.’s price movement after its last earnings report?
Ftc Solar, Inc. reported an EPS of $1.456 in its last earnings report, beating expectations of -$0.445. Following the earnings report the stock price went down -33.204%.
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
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$11.67 (294.14% Upside)
$11.67 (294.14% Upside)
Blogger Sentiment
Bullish
FTCI Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 13.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $145.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 4.8%
Last 30 Days ▲ 4.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-46.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
16.40%
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 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents strong commercial and operational momentum — double-digit sequential and triple-digit year-over-year revenue growth, materially improved gross margins, near-breakeven adjusted EBITDA, sizeable MSAs/backlog additions, and expanded relationships with top EPCs. Near-term challenges include GAAP losses driven by warrant accounting, a technical credit covenant issue, tariff/regulatory headwinds, and Q1 2026 guidance that implies continued operating losses and seasonality. On balance, the positives around growth, margin improvement, bookings momentum, and product differentiation outweigh the near-term financial and timing risks, supporting a constructive outlook for 2026 if MSAs convert as expected.View all FTCI earnings summariesFTCI Stock 12 Month Forecast
Average Price Target
$11.67
▲(294.14% Upside)
Technical Analysis
Ownership Overview
19.61% Insiders
4.79% Mutual Funds
0.11% Other Institutional Investors
72.53% Public Companies and
Individual Investors