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FTC Solar (FTCI)
NASDAQ:FTCI
Holding FTCI?
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FTCI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.75 - $7.40
Previous CloseN/A
Volume136.47K
Average Volume (3M)188.82K
Market Cap
$53.86M
Enterprise Value$80.19M
Total Cash (Recent Filing)$7.22M
Total Debt (Recent Filing)$7.83M
Price to Earnings (P/E)―
Beta2.91
Next Earnings
Mar 12, 2025EPS Estimate
-1.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.77
Shares Outstanding12,853,823
10 Day Avg. Volume78,507
30 Day Avg. Volume188,818
Standard Deviation0.40
R-Squared0.02
Alpha-0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.93
Price to Cash Flow (P/CF)-5.60
P/FCF Ratio0.00
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue1.40
Enterprise Value/Gross Profit9.65
Enterprise Value/Ebitda-1.75
Forecast
1Y Price Target
$2.88Price Target Upside-29.24% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering4
FTC Solar News
Bulls Say, Bears Say
Bulls Say
Growth PotentialAgreements such as the 1GW tracker supply with Dunlieh Energy and the multi-year agreement with Strata Clean Energy demonstrate the company's newfound competitive position and potential for growth.
Leadership And StrategyThe presence of the new CEO Yann Brandt, an 18-year industry veteran, should help FTC to focus on executing against its target.
Market PositioningFTC Solar focuses more on its 1P product offering, which now constitutes over 70% of bookings, driven by market demand and positioning the company to capture a larger share of the solar market.
Bears Say
Cash ReservesThe decrease in cash reserves raises concerns about sustainability in the absence of a turnaround in profitability.
Pricing PressuresNegative gross margins indicate pricing pressures and the high fixed costs that are not being absorbed at the current revenue level.
RevenueSignificant drop in revenue and negative gross margins indicate ongoing challenges in the market and the company's operations.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
FTCI FAQ
What was FTC Solar’s price range in the past 12 months?
FTC Solar lowest stock price was $1.75 and its highest was $7.40 in the past 12 months.
What is FTC Solar’s market cap?
FTC Solar’s market cap is $53.86M.
When is FTC Solar’s upcoming earnings report date?
FTC Solar’s upcoming earnings report date is Mar 12, 2025 which is in 40 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on Nov 12, 2024. The company reported -$1.2 earnings per share for the quarter, missing the consensus estimate of -$0.866 by -$0.334.
Is FTC Solar overvalued?
According to Wall Street analysts FTC Solar’s price is currently Overvalued.
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 -1.03.
How many shares outstanding does FTC Solar have?
FTC Solar has 12,853,823 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$1.2 in its last earnings report, missing expectations of -$0.866. Following the earnings report the stock price went down -12.668%.
Which hedge fund is a major shareholder of FTC Solar?
Currently, no hedge funds are holding shares in FTCI
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FTC Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.88 (-29.24% Downside)
$2.88 (-29.24% Downside)
Hedge Fund Trend
Decreased
By 15.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $128.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.0%
Last 30 Days ▲ 0.6%
Last 30 Days ▲ 0.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-20.91%
12-Months-Change
Fundamentals
Return on Equity
-91.02%
Trailing 12-Months
Asset Growth
-32.71%
Trailing 12-Months
Company Description
FTC Solar
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
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FTCI Company Deck
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FTCI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted FTC Solar's strong position in the 1P market, new supply agreements, and improved capital position, reflecting potential for future growth. However, the call also revealed significant revenue decline, high gross loss, and financial challenges, indicating current operational difficulties.Read More>---
FTCI Stock 12 Month Forecast
Average Price Target
$2.88
▼(-29.24% Downside)
Technical Analysis
Canadian Solar
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Best Analysts Covering FTCI
1 Year
1 Year Success Rate
3/10 ratings generated profit
1 Year Average Return
-26.80%
reiterated a buy rating 3 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 30.00% of your transactions generating a profit, with an average return of -26.80% per trade.
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