FTC Solar, Inc. (FTCI)
NASDAQ: FTCI · Real-Time Price · USD
3.110
+0.110 (3.67%)
Dec 20, 2024, 4:00 PM EST - Market closed
FTC Solar Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for FTC Solar stock have an average target of 8.50, with a low estimate of 3.00 and a high estimate of 15. The average target predicts an increase of 173.31% from the current stock price of 3.11.
Analyst Consensus: Buy
* Price targets were last updated on Nov 13, 2024.
Analyst Ratings
The average analyst rating for FTC Solar stock from 5 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 3 | 3 | 3 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 4 | 4 | 4 | 3 | 3 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 7 | 7 | 7 | 5 | 5 |
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 | +382.32% | Nov 13, 2024 |
TD Cowen | TD Cowen | Strong Buy Maintains $15 → $10 | Strong Buy | Maintains | $15 → $10 | +221.54% | Aug 9, 2024 |
UBS | UBS | Hold Maintains $5 → $3 | Hold | Maintains | $5 → $3 | -3.54% | Aug 9, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | +382.32% | May 13, 2024 |
HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $25 → $15 | Strong Buy | Maintains | $25 → $15 | +382.32% | Mar 14, 2024 |
Financial Forecast
Revenue This Year
46.92M
from 127.00M
Decreased by -63.05%
Revenue Next Year
140.77M
from 46.92M
Increased by 200.01%
EPS This Year
-3.54
from -4.40
EPS Next Year
-1.79
from -3.54
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
High | 49.8M | 200.6M | 330.1M | |||
Avg | 46.9M | 140.8M | 245.1M | |||
Low | 43.7M | 65.6M | 78.7M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
---|---|---|---|---|---|---|
High | -60.8% | 327.5% | 134.5% | |||
Avg | -63.1% | 200.0% | 74.1% | |||
Low | -65.6% | 39.7% | -44.1% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | -3.36 | -1.17 | 1.13 |
Avg | -3.54 | -1.79 | -0.24 |
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.