NASDAQ:FTCI FTC Solar (FTCI) Stock Price, News & Analysis → Healthcare Takes A Big Step Forward With The Help Of AI (From The Bull Report) (Ad) Free FTCI Stock Alerts $0.46 +0.04 (+8.30%) (As of 12:15 PM ET) Add Compare Share Share Today's Range$0.42▼$0.4750-Day Range$0.38▼$0.5952-Week Range$0.28▼$3.87Volume223,855 shsAverage Volume692,720 shsMarket Capitalization$58.07 millionP/E RatioN/ADividend YieldN/APrice Target$1.49 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get FTC Solar alerts: Email Address FTC Solar MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside250.9% Upside$1.49 Price TargetShort InterestBearish16.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$200,436 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.26) to ($0.15) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.73 out of 5 starsOils/Energy Sector180th out of 239 stocksSemiconductors & Related Devices Industry70th out of 87 stocks 3.2 Analyst's Opinion Consensus RatingFTC Solar has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageFTC Solar has only been the subject of 3 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted16.88% of the float of FTC Solar has been sold short.Short Interest Ratio / Days to CoverFTC Solar has a short interest ratio ("days to cover") of 13.1, which indicates bearish sentiment.Change versus previous monthShort interest in FTC Solar has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFTC Solar does not currently pay a dividend.Dividend GrowthFTC Solar does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FTCI. Previous Next 0.6 News and Social Media Coverage News SentimentFTC Solar has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.46 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 1 news article for FTC Solar this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for FTCI on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added FTC Solar to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FTC Solar insiders have bought 673.20% more of their company's stock than they have sold. Specifically, they have bought $200,436.00 in company stock and sold $25,923.00 in company stock.Percentage Held by Insiders29.70% of the stock of FTC Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.36% of the stock of FTC Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for FTC Solar are expected to grow in the coming year, from ($0.26) to ($0.15) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FTC Solar is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of FTC Solar is -0.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFTC Solar has a P/B Ratio of 0.85. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The Bull ReportHealthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.Click here to see why this small company is trusted by the Mayo Clinic About FTC Solar Stock (NASDAQ: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 build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.Read More FTCI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FTCI Stock News HeadlinesApril 19, 2024 | americanbankingnews.comFTC Solar (NASDAQ:FTCI) vs. SMA Solar Technology (OTCMKTS:SMTGY) Head-To-Head SurveyApril 11, 2024 | investorplace.com7 Penny Stocks if You Believe Lady Luck's on Your SideApril 29, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.March 16, 2024 | finance.yahoo.comFTC Solar, Inc. (NASDAQ:FTCI) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | uk.finance.yahoo.comFTC Solar Full Year 2023 Earnings: EPS Beats ExpectationsMarch 15, 2024 | finance.yahoo.comCSIQ Mar 2024 18.500 callMarch 15, 2024 | globenewswire.comFTC Solar to Present at Roth Conference March 18, 2024March 14, 2024 | msn.comFTC Solar slides after Q4 loss; Roth downgrades, delaying view to breakevenApril 29, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.March 14, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Jamf Holding (JAMF) and FTC Solar (FTCI)March 14, 2024 | benzinga.comThese Analysts Cut Their Forecasts On FTC Solar After Q4 ResultsMarch 13, 2024 | globenewswire.comFTC Solar Announces Fourth Quarter 2023 Financial ResultsMarch 12, 2024 | msn.comFTC Solar Q4 2023 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For FTC SolarMarch 8, 2024 | finance.yahoo.comFTC Solar Insiders Placed Bullish Bets Worth US$1.47mMarch 6, 2024 | uk.investing.comFTC Solar Inc (FTCI)February 27, 2024 | globenewswire.comFTC Solar to Announce Fourth Quarter and Full Year 2023 Financial Results Wednesday, March 13, 2024February 12, 2024 | finance.yahoo.comCathy Behnen Appointed FTC Solar Chief Financial OfficerJanuary 22, 2024 | finance.yahoo.comHere's Why We're A Bit Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn SituationDecember 7, 2023 | finance.yahoo.comFTC Solar Appoints Anthony Carroll as Chairman of Newly Formed Customer Advisory BoardNovember 13, 2023 | finance.yahoo.comDowngrade: Here's How Analysts See FTC Solar, Inc. (NASDAQ:FTCI) Performing In The Near TermNovember 9, 2023 | finance.yahoo.comFTC Solar, Inc. (NASDAQ:FTCI) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comFTC Solar, Inc.'s (NASDAQ:FTCI) Intrinsic Value Is Potentially 25% Below Its Share PriceNovember 8, 2023 | benzinga.comBerman Tabacco Announces Investigation of FTC Solar, Inc. (FTCI) for Potential Securities Law ViolationsNovember 8, 2023 | finanznachrichten.deFTC Solar, Inc: FTC Solar Announces Third Quarter 2023 Financial Results and Leadership TransitionNovember 8, 2023 | marketwatch.comFTC Solar Shares Hit All-Time Low on Exit of CEO, CFONovember 8, 2023 | markets.businessinsider.comFTC Solar Stock Diving On CEO, CFO Departure & Weak Guidance: Here's DetailsSee More Headlines Receive FTCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FTC Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/13/2024Today4/29/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:FTCI CUSIPN/A CIK1828161 Webwww.ftcsolar.com Phone737-787-7906FaxN/AEmployees213Year FoundedN/APrice Target and Rating Average Stock Price Target$1.49 High Stock Price Target$2.50 Low Stock Price Target$0.45 Potential Upside/Downside+250.9%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.43) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-50,290,000.00 Net Margins-39.60% Pretax Margin-39.86% Return on Equity-59.79% Return on Assets-31.71% Debt Debt-to-Equity RatioN/A Current Ratio1.99 Quick Ratio1.91 Sales & Book Value Annual Sales$127 million Price / Sales0.42 Cash FlowN/A Price / Cash FlowN/A Book Value$0.50 per share Price / Book0.85Miscellaneous Outstanding Shares125,010,000Free Float87,879,000Market Cap$53.14 million OptionableOptionable Beta1.62 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Patrick M. Cook (Age 40)Chief Commercial Officer Comp: $263.87kMs. Cathy Behnen CPA (Age 60)Chief Financial Officer Mr. Sasan Aminpour (Age 60)Chief Operating Officer Mr. Bill MichalekVice President of Investor Relations & Corporate CommunicationsJacob D. Wolf Esq.VP, General Counsel & SecretaryMr. Kristian Nolde (Age 46)Vice President of Marketing & Strategy More ExecutivesKey CompetitorsTigo EnergyNASDAQ:TYGOBabcock & Wilcox EnterprisesNYSE:BWComplete SolariaNASDAQ:CSLRSPI EnergyNASDAQ:SPIStrattec SecurityNASDAQ:STRTView All CompetitorsInsiders & InstitutionsAhmad R ChatilaBought 97,400 shares on 3/26/2024Total: $49,674.00 ($0.51/share)Ahmad R ChatilaBought 92,600 shares on 3/22/2024Total: $50,930.00 ($0.55/share)Patrick CookSold 48,911 sharesTotal: $25,922.83 ($0.53/share)Ahmad R ChatilaBought 92,500 shares on 3/20/2024Total: $49,950.00 ($0.54/share)Ahmad R ChatilaBought 101,800 shares on 3/18/2024Total: $49,882.00 ($0.49/share)View All Insider TransactionsView All Institutional Transactions FTCI Stock Analysis - Frequently Asked Questions Should I buy or sell FTC Solar stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FTC Solar in the last year. There are currently 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FTCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTCI, but not buy additional shares or sell existing shares. View FTCI analyst ratings or view top-rated stocks. What is FTC Solar's stock price target for 2024? 7 analysts have issued 12-month target prices for FTC Solar's stock. Their FTCI share price targets range from $0.45 to $2.50. On average, they predict the company's stock price to reach $1.49 in the next year. This suggests a possible upside of 250.9% from the stock's current price. View analysts price targets for FTCI or view top-rated stocks among Wall Street analysts. How have FTCI shares performed in 2024? FTC Solar's stock was trading at $0.6928 at the beginning of 2024. Since then, FTCI stock has decreased by 38.6% and is now trading at $0.4251. View the best growth stocks for 2024 here. Are investors shorting FTC Solar? FTC Solar saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 9,360,000 shares, an increase of 8.3% from the March 31st total of 8,640,000 shares. Based on an average daily trading volume, of 716,400 shares, the days-to-cover ratio is currently 13.1 days. Currently, 16.9% of the company's shares are short sold. View FTC Solar's Short Interest. When is FTC Solar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our FTCI earnings forecast. How were FTC Solar's earnings last quarter? FTC Solar, Inc. (NASDAQ:FTCI) posted its quarterly earnings results on Wednesday, March, 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.08) by $0.01. The business earned $23.20 million during the quarter, compared to the consensus estimate of $22.80 million. FTC Solar had a negative net margin of 39.60% and a negative trailing twelve-month return on equity of 59.79%. During the same quarter last year, the company posted ($0.16) EPS. What ETF holds FTC Solar's stock? USCF Sustainable Commodity Strategy Fund holds 6,400 shares of FTCI stock, representing 0.13% of its portfolio. What guidance has FTC Solar issued on next quarter's earnings? FTC Solar issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $10.0 million-$15.0 million, compared to the consensus revenue estimate of $43.0 million. When did FTC Solar IPO? FTC Solar (FTCI) raised $350 million in an IPO on Wednesday, April 28th 2021. The company issued 18,400,000 shares at a price of $18.00-$20.00 per share. Barclays, BofA Securities, Credit Suisse, UBS Investment Bank and HSBC acted as the underwriters for the IPO and Cowen, Simmons Energy (A Division of Piper Sandler), Raymond James and Roth Capital Partners were co-managers. How do I buy shares of FTC Solar? Shares of FTCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:FTCI) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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