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FTCI Stock Chart & Stats
$2.29
$0.24(8.11%)
At close: 4:00 PM EDT
$2.29
$0.24(8.11%)
Day’s Range― - ―
52-Week Range$1.42 - $12.75
Previous Close$3.14
Volume220.49K
Average Volume (3M)397.14K
Market Cap
$28.69M
Enterprise Value$94.72M
Total Cash (Recent Filing)$10.07M
Total Debt (Recent Filing)$24.27M
Price to Earnings (P/E)―
Beta2.18
Next Earnings
Nov 04, 2026EPS Estimate
-0.49Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-6.25
Shares Outstanding18,272,140
10 Day Avg. Volume233,372
30 Day Avg. Volume397,136
Financial Highlights & Ratios
PEG Ratio-0.05
Price to Book (P/B)-3.79
Price to Sales (P/S)1.53
P/FCF Ratio-4.42
Enterprise Value/Market Cap3.30
Enterprise Value/Revenue0.93
Enterprise Value/Gross Profit18.82
Enterprise Value/Ebitda-5.25
Forecast
1Y Price Target
$10.20Price Target Upside345.41% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)-0.89
Revenue Forecast (FY)$133.29M
Bulls Say, Bears Say
Bulls Say
Revenue And Bookings GrowthStrong recent revenue growth and sustained bookings provide evidence of improving commercial traction in utility-scale solar. High second-half coverage and reaffirmed 2026 growth guidance could support better capacity utilization and give FTC Solar a foundation to improve profitability as project volumes scale.
Expanded Customer AccessBroader approved-vendor access expands the pool of projects for which FTC Solar can compete, reducing reliance on a narrow customer set. Combined with major orders from leading EPCs and developers, this improves potential market reach and supports repeatable order generation over coming quarters.
International Project ExpansionActive project wins and shipments in Australia and India extend FTC Solar’s addressable market beyond its established U.S. business. International execution can create additional volume and customer relationships, while geographic expansion supports a broader pipeline for future utility-scale deployments.
Bears Say
Persistent UnprofitabilityDeep operating and net losses show that revenue growth has not yet translated into a sustainable earnings model. Very thin gross margin leaves little protection against pricing or execution pressure, so profitability remains dependent on materially better project economics and disciplined cost control.
Negative Cash GenerationContinued operating and free-cash-flow losses require FTC Solar to use external capital or balance-sheet resources to fund operations. Persistent cash burn can constrain investment in growth, increase financing dependence, and reduce resilience if project timing or margin recovery falls short.
Balance-sheet And Covenant PressureNegative equity and cash below the required covenant indicate limited financial flexibility and elevated funding risk. Current classification of borrowings and reliance on lender waivers make liquidity management critical, while future covenant testing could restrict operations if performance does not improve.
FTC Solar News
FTCI FAQ
What was FTC Solar’s price range in the past 12 months?
FTC Solar lowest stock price was $1.42 and its highest was $12.75 in the past 12 months.
What is FTC Solar’s market cap?
FTC Solar’s market cap is $28.69M.
When is FTC Solar’s upcoming earnings report date?
FTC Solar’s upcoming earnings report date is Nov 04, 2026 which is in 13 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on Aug 05, 2026. The company reported -$1.69 earnings per share for the quarter, missing the consensus estimate of -$0.445 by -$1.245.
Is FTC Solar overvalued?
According to Wall Street analysts FTC Solar’s price is currently Undervalued.
Does FTC Solar pay dividends?
FTC Solar does not currently pay dividends.
What is FTC Solar’s EPS estimate?
FTC Solar’s EPS estimate is -0.49.
How many shares outstanding does FTC Solar have?
FTC Solar has 18,272,140 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$1.69 in its last earnings report, missing expectations of -$0.445. Following the earnings report the stock price went down -4.221%.
Which hedge fund is a major shareholder of FTC Solar?
Currently, no hedge funds are holding shares in FTCI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
FTC Solar
FTC Solar, Inc. operates internationally, with a significant presence in the United States and Vietnam, specializing in advanced solar energy solutions. The company provides cutting-edge solar tracker systems, supporting technology, specialized software, and expert engineering services. Among its core offerings is the Voyager single-axis tracker, designed to orient two solar panels in a portrait configuration. Beyond hardware, FTC Solar develops crucial software platforms, including SunPath for optimizing energy production; Atlas, an enterprise-level, web-based database for managing extensive project portfolios; and SunDAT, a sophisticated tool for automated design and optimization of solar panel systems tailored for residential, commercial, and large-scale utility installations. FTC Solar's client base is diverse, comprising solar project developers, owners of solar assets, and engineering, procurement, and construction (EPC) contractors who are responsible for conceptualizing and executing solar energy ventures. The company was founded in 2017 and is based in Austin, Texas.
FTCI Company Deck
FTCI Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presents a balanced picture: strong commercial momentum (large new POs, sustained bookings ~ $60M/quarter, AVL expansion, international wins) and clear execution initiatives (AI, robotics, cost programs) that support upside to revenue and margins. However, material near-term weaknesses remain — negative gross margins, a large GAAP net loss, ongoing adjusted EBITDA losses, a cash balance below covenant levels with waivers in place, and classification of borrowings as current — which create tangible liquidity and execution risk. Given the combination of encouraging growth signals but significant financial and covenant challenges, the outlook is cautiously constructive but carries meaningful near-term risk.View all FTCI earnings summariesFTCI Stock 12 Month Forecast
Average Price Target
$10.20
▲(345.41% Upside)
Technical Analysis
Ownership Overview
18.26% Insiders
4.20% Mutual Funds
0.23% Other Institutional Investors
74.61% Public Companies and
Individual Investors