FTC Solar Inc (FTCI) Stock Forecast & Price Target
FTC Solar Inc · NASDAQ
$2.42-0.11 (-4.35%)
15-min delayed · Sep 8, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering FTC Solar Inc, 3 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 $10.50 sits 334% above the current $2.42. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 2 to 3 over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.27 next quarter toward $-0.23 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Buy
Strong Buy00%
Buy375%
Hold125%
Sell00%
Strong Sell00%
Based on 4 analysts giving stock ratings to FTC Solar Inc.
As of Sep, 3 of 4 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
$-0.27
Range $-0.51 – $0.07 · 3 analysts · +61% YoY
Next period, 3 analysts expect FTC Solar Inc to earn $-0.27 a share (range $-0.51 – $0.07), versus $-0.17 a year earlier. Full-year consensus is $-1.91, growing to $-0.23 the year after.
REVENUE · NEXT QUARTER
$57.9M
Range $45.6M – $63.2M · 3 analysts · +76% YoY
Revenue is expected to reach $57.9M (range $45.6M – $63.2M), +76.2% year-over-year. Full-year consensus is $134.5M, rising to $185.3M 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 #402
Buy
$20.00+726.4% to target
Overall win rate
25%
+ Follow
#2
Philip Shen
Roth MKM
Buy
$7.00+189.3% to target
Coverage
—
+ Follow
#3
Jon Windham
UBS
Hold
$6.00+147.9% to target
Coverage
—
+ Follow
#4
Jeff Osborne
TD Cowen
Buy
$5.00+106.6% to target
Coverage
—
+ Follow
#5
JO
Jeffrey Osborne
TD Cowen
Buy
$12.50+416.5% to target
Coverage
—
+ Follow
FTCI stock forecast FAQ
What is FTCI's average 12-month price target?+
The 4 analysts with a live target average $10.50 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 4 analyst ratings, 3 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 4 active targets is $10.50.
How many Wall Street analysts cover FTCI?+
4 analysts have an active rating on FTC Solar Inc, and 4 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 #402). 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 $-0.27 per share (range $-0.51 – $0.07) across 3 analysts. Full-year EPS is projected at $-1.91, rising to $-0.23 the following year.
How much revenue is FTC Solar Inc expected to report next quarter?+
Consensus revenue is $57.9M (range $45.6M – $63.2M). Full-year revenue is projected at $134.5M, growing to $185.3M next year.
Have analysts been upgrading or downgrading FTCI lately?+
As of Sep, 3 of 4 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.
