FTC Solar Inc (FTCI) Stock Forecast & Price Target
FTC Solar Inc · NASDAQ
$2.69-0.52 (-16.09%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 3 firms covering FTC Solar Inc, 2 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. The target range is very wide, $5.00 to $20.00 (about 4.0x), which points to deep disagreement over how to value the company rather than near-term timing. The average target of $11.67 sits 335% above the current $2.69. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.16 next quarter toward $0.03 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS3 ratings
Moderate Buy
Strong Buy00%
Buy267%
Hold133%
Sell00%
Strong Sell00%
Based on 3 analysts giving stock ratings to FTC Solar Inc.
As of Jul, 2 of 3 firms rate FTCI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FTCI EPS & revenue forecast
EPS · NEXT QUARTER
$-0.16
Range $-0.23 – $-0.07 · 3 analysts · -55% YoY
Next period, 3 analysts expect FTC Solar Inc to earn $-0.16 a share (range $-0.23 – $-0.07), versus $-0.36 a year earlier. Full-year consensus is $-1.10, growing to $0.03 the year after.
REVENUE · NEXT QUARTER
$43.9M
Range $39.5M – $47.6M · 3 analysts · +69% YoY
Revenue is expected to reach $43.9M (range $39.5M – $47.6M), +68.7% year-over-year. Full-year consensus is $142.6M, rising to $200.9M next year.
Top analysts covering FTC Solar Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FTCI.
#1
Amit Dayal
HC Wainwright & Co. · Rank #332
Buy
$20.00+644.9% to target
Overall win rate
25%
+ Follow
#2
Jon Windham
UBS
Hold
$6.00+123.5% to target
Coverage
—
+ Follow
#3
Philip Shen
Roth MKM
Buy
$10.00+272.4% to target
Coverage
—
+ Follow
#4
Jeff Osborne
TD Cowen
Buy
$5.00+86.2% to target
Coverage
—
+ Follow
#5
JO
Jeffrey Osborne
TD Cowen
Buy
$12.50+365.5% to target
Coverage
—
+ Follow
FTCI stock forecast FAQ
What is FTCI's average 12-month price target?+
The 3 analysts with a live target average $11.67 for FTC Solar Inc over the next 12 months, ranging from a $20.00 high to a $5.00 low.
Is FTCI stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 3 analyst ratings, 2 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FTCI?+
The Street-high target is $20.00 (HC Wainwright & Co.), and the Street-low is $5.00 (TD Cowen). The average of all 3 active targets is $11.67.
How many Wall Street analysts cover FTCI?+
3 analysts have an active rating on FTC Solar Inc, and 3 firms carry a live 12-month price target.
Who is the most accurate analyst covering FTCI?+
Among analysts who currently cover FTCI, Amit Dayal of HC Wainwright & Co. has the strongest overall Quantellect track record (Rank #332). Their current call is Buy with a $20.00 target.
What is FTC Solar Inc's projected EPS for next quarter?+
The consensus estimate is $-0.16 per share (range $-0.23 – $-0.07) across 3 analysts. Full-year EPS is projected at $-1.10, rising to $0.03 the following year.
How much revenue is FTC Solar Inc expected to report next quarter?+
Consensus revenue is $43.9M (range $39.5M – $47.6M). Full-year revenue is projected at $142.6M, growing to $200.9M next year.
Have analysts been upgrading or downgrading FTCI lately?+
As of Jul, 2 of 3 firms rate FTCI a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FTCI calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
