FTC Solar Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, FTC Solar stock has a consensus rating of "Buy" and an average price target of $10.25. The average 1-year stock price forecast is 99.42% higher than the current stock price, while the lowest is $5.00 (-2.72%) and the highest is $20 (+289.11%).

Price Target: $10.25 (+99.42%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$5.00	$10.25	$8.00	$20
Change	-2.72%	+99.42%	+55.64%	+289.11%

* Price targets were last updated on May 6, 2026.

Analyst Ratings

The average analyst rating for FTC Solar stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Mar '26	Apr '26	May '26
Strong Buy	3	3	2	3	3	3
Buy	0	0	0	0	0	0
Hold	1	1	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Amit Dayal H.C. Wainwright	H.C. Wainwright	Buy Maintains $20	Buy	Maintains	$20	+289.11%	May 6, 2026
Jeff Osborne TD Cowen	TD Cowen	Buy Maintains $8 → $5	Buy	Maintains	$8 → $5	-2.72%	May 5, 2026
Philip Shen Roth MKM	Roth MKM	Buy Maintains $15 → $10	Buy	Maintains	$15 → $10	+94.55%	Mar 9, 2026
Jon Windham UBS	UBS	Hold Maintains $10 → $6	Hold	Maintains	$10 → $6	+16.73%	Mar 6, 2026

Financial Forecast

Revenue This Year

139.68M

from 99.69M

40.12%

from 99.69M

Revenue Next Year

206.58M

from 139.68M

47.89%

from 139.68M

EPS This Year

-0.92

from -2.13

EPS Next Year

0.03

from -0.92

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	270.53M	123.07M	127.00M	47.36M	99.69M	139.68M
Revenue Growth	44.39%	-54.51%	3.20%	-62.71%	110.51%	40.12%
Gross Profit	-32.55M	-27.08M	8.56M	-12.52M	-846.00K	17.27M
Gross Margin	-12.03%	-22.01%	6.74%	-26.45%	-0.85%	12.37%
Operating Income	-126.80M	-99.13M	-46.36M	-52.19M	-35.25M	-30.38M
Net Income	-106.59M	-99.61M	-50.29M	-48.61M	-79.58M	14.63M
EPS	-	-	-	-	-2.13	-0.92
Free Cash Flow	-84.35M	-15.48M	-35.16M	-14.52M	-23.21M	-6.10M
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	140.0M
Avg	139.7M
Low	139.3M

Revenue Growth

Revenue Growth	2026	2027	2028
High	40.5%
Avg	40.1%
Low	39.8%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	-0.92
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-