FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
3.980
+0.060 (1.53%)
Jan 31, 2025, 4:00 PM EST - Market closed
FTC Solar Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for FTC Solar stock have an average target of 8.13, with a low estimate of 3.00 and a high estimate of 15. The average target predicts an increase of 104.27% from the current stock price of 3.98.
Analyst Consensus: Buy
* Price targets were last updated on Nov 13, 2024.
Analyst Ratings
The average analyst rating for FTC Solar stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 4 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +276.88% | Nov 13, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +151.26% | Aug 9, 2024 |
| UBS | UBS | Hold Maintains $5 → $3 | Hold | Maintains | $5 → $3 | -24.62% | Aug 9, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +276.88% | May 13, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +276.88% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
46.66M
from 127.00M
Decreased by -63.26%
Revenue Next Year
140.26M
from 46.66M
Increased by 200.62%
EPS This Year
-3.64
from -4.40
EPS Next Year
-1.80
from -3.64
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 49.8M | 200.6M | 330.1M | |||
| Avg | 46.7M | 140.3M | 235.0M | |||
| Low | 43.7M | 65.6M | 78.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -60.8% | 330.0% | 135.3% | |||
| Avg | -63.3% | 200.6% | 67.6% | |||
| Low | -65.6% | 40.5% | -43.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -3.57 | -1.17 | 1.13 |
| Avg | -3.64 | -1.80 | -0.45 |
| Low | -3.72 | -2.84 | -2.35 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.