Ftc Solar, Inc. (FTCI)
NASDAQ:FTCI
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FTCI Stock Chart & Stats
$4.64
-$0.55(-10.09%)
At close: 4:00 PM EST
$4.64
-$0.55(-10.09%)
Day’s Range― - ―
52-Week Range$3.21 - $12.75
Previous CloseN/A
Volume136.47K
Average Volume (3M)130.32K
Market Cap
$82.27M
Enterprise Value$99.09M
Total Cash (Recent Filing)$5.64M
Total Debt (Recent Filing)$23.42M
Price to Earnings (P/E)―
Beta2.59
Next Earnings
Aug 12, 2026EPS Estimate
-0.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.93
Shares Outstanding16,005,295
10 Day Avg. Volume95,192
30 Day Avg. Volume130,319
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 Cap1.20
Enterprise Value/Revenue1.03
Enterprise Value/Gross Profit29.60
Enterprise Value/Ebitda-3.54
Forecast
1Y Price Target
$12.50Price Target Upside169.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)<0.01
Revenue Forecast (FY)$133.26M
Bulls Say, Bears Say
Bulls Say
Large Contracted Backlog Provides Revenue VisibilityA ~$491M contracted backlog supplies multi-quarter revenue visibility and supports capacity planning, procurement and production scheduling. Durable backlog reduces reliance on spot awards, improving predictability of future shipments and revenue recognition if MSAs convert as expected.
Multi‑year MSAs And Supply AgreementsMulti-year MSAs and a 1GW U.S. supply deal create a structural pipeline of future demand across regions. These contracts underpin repeatable revenue streams, support long-term supplier commitments and improve the odds of scale-driven margin gains as projects progress to firm orders over 2–3 years.
Product Constructability And Installation EfficiencyA demonstrable installation efficiency advantage reduces total installed cost and labor risk, making the product more attractive to EPCs and developers. Structural constructability benefits drive competitive differentiation, higher bid win rates and potential long-term margin resilience versus peers.
Bears Say
Negative Stockholders' Equity Weakens Financial FlexibilityPersistently negative equity constrains capital flexibility and lender confidence, limiting the company's ability to absorb further operating losses or fund working capital. This structural weakness raises the probability of dilutive financings or restrictive creditor remedies if profitability doesn't improve.
Ongoing Operating And Free Cash Flow DeficitsSustained negative OCF and FCF require continual external funding to run operations and scale production. Over a multi‑month horizon this elevates liquidity risk, constrains investment in manufacturing and sales capacity, and increases dependence on capital markets or lenders to support growth.
Credit Covenant Breach And Tightened Amendment TermsA technical default and subsequent amendment with steeper covenants and near-term repayments materially raises execution risk. Management must meet escalating revenue and EBITDA floors while servicing debt, narrowing runway and making the business more sensitive to timing delays in MSA conversions.
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 $3.21 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 $82.27M.
When is Ftc Solar, Inc.’s upcoming earnings report date?
Ftc Solar, Inc.’s upcoming earnings report date is Aug 12, 2026 which is in 52 days.
How were Ftc Solar, Inc.’s earnings last quarter?
Ftc Solar, Inc. released its earnings results on May 05, 2026. The company reported -$0.72 earnings per share for the quarter, missing the consensus estimate of -$0.445 by -$0.275.
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 -$0.72 in its last earnings report, missing 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$12.50 (169.40% Upside)
$12.50 (169.40% Upside)
Blogger Sentiment
Bullish
FTCI Sentiment 70%
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
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 7.9%
Last 30 Days ▼ 7.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
25.98%
12-Months-Change
Fundamentals
Return on Equity
316.79%
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
$12.50
▲(169.40% Upside)
Technical Analysis
Ownership Overview
19.61% Insiders
4.79% Mutual Funds
1.08% Other Institutional Investors
71.66% Public Companies and
Individual Investors