FTC Solar, Inc. (FTCI)

Market Cap	70.27M
Revenue (ttm)	57.35M
Net Income (ttm)	-47.55M
Shares Out	12.78M
EPS (ttm)	-3.82
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	144,370
Open	5.19
Previous Close	5.30
Day's Range	4.50 - 5.70
52-Week Range	1.76 - 7.50
Beta	1.57
Analysts	Buy
Price Target	8.13 (+47.82%)
Earnings Date	Nov 12, 2024

About FTCI

FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and bu...

• Industry: Solar
• Sector: Technology
• IPO Date: Apr 28, 2021
• Employees: 213
• Stock Exchange: NASDAQ
• Ticker Symbol: FTCI
• Website: https://ftcsolar.com

Financial Performance

In 2023, FTC Solar's revenue was $127.00 million, an increase of 3.20% compared to the previous year's $123.07 million. Losses were -$50.29 million, -49.51% less than in 2022.

Analyst Forecast

According to 4 analysts, the average rating for FTCI stock is "Buy." The 12-month stock price forecast is $8.13, which is an increase of 47.82% from the latest price.

Price Target

$8.13

(47.82% upside)

Analyst Consensus: Buy