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FTC Solar (FTCI)
NASDAQ:FTCI
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FTCI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.75 - $9.57
Previous Close$3.34
Volume80.86K
Average Volume (3M)185.24K
Market Cap
$42.69M
Enterprise Value$35.32M
Total Cash (Recent Filing)$8.26M
Total Debt (Recent Filing)$883.00K
Price to Earnings (P/E)―
Beta2.82
Next Earnings
Mar 12, 2025EPS Estimate
-$0.78Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.77
Shares Outstanding12,776,718
10 Day Avg. Volume285,647
30 Day Avg. Volume185,240
Standard Deviation0.38
R-Squared0.04
Alpha-0.05
Financial Highlights & Ratios
Price to Book (P/B)1.40
Price to Sales (P/S)0.67
Price to Cash Flow (P/CF)-4.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.62
Enterprise Value/Gross Profit4.25
Enterprise Value/Ebitda-0.77
Forecast
1Y Price Target
$3.33Price Target Upside1.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
FTC Solar News
PremiumCompany Announcements
FTC Solar Announces Reverse Stock Split for Compliance
PremiumCompany Announcements
FTC Solar Reports Q3 2024 Results and Strategic MovesBulls Say, Bears Say
Bulls Say
Financial StabilityThe issuance of the $15mn promissory note and other liquidity-enhancing measures are positive steps toward stabilizing the company's financial situation.
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.
Market ExpansionFTC 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 $9.57 in the past 12 months.
What is FTC Solar’s market cap?
Currently, no data Available
When is FTC Solar’s upcoming earnings report date?
FTC Solar’s upcoming earnings report date is Mar 12, 2025 which is in 85 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on Nov 12, 2024. The company reported -$1 earnings per share for the quarter, missing the consensus estimate of -$0.866 by -$0.134.
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 -$0.78.
How many shares outstanding does FTC Solar have?
FTC Solar has 12,781,349 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$1 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?
Among the largest hedge funds holding FTC Solar’s share is Cavalry Management Group, Llc. It holds FTC Solar’s shares valued at N/A.
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FTC Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.33 (1.22% Upside)
$3.33 (1.22% Upside)
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
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 9.6%
Last 30 Days ▼ 9.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-64.52%
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
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FTCI Stock 12 Month Forecast
Average Price Target
$3.33
▲(1.22% Upside)
Technical Analysis
Shoals Technologies Group
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Maxeon Solar Technologies
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Sunnova Energy International
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Sunrun
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Best Analysts Covering FTCI
1 Year
1 Year Success Rate
3/10 ratings generated profit
1 Year Average Return
-32.92%
reiterated a buy rating last month
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 -32.92% per trade.
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