FTC Solar Stock (NASDAQ:FTCI), Analyst Ratings, Price Targets, Predictions

The latest price target for FTC Solar (NASDAQ: FTCI) was reported by HC Wainwright & Co. on May 13, 2024. The analyst firm set a price target for $1.50 expecting FTCI to rise to within 12 months (a possible 191.55% upside). 9 analyst firms have reported ratings in the last year.

The latest analyst rating for FTC Solar (NASDAQ: FTCI) was provided by HC Wainwright & Co., and FTC Solar reiterated their buy rating.

The last upgrade for FTC Solar Inc happened on March 15, 2023 when B of A Securities raised their price target to $3.5. B of A Securities previously had an underperform for FTC Solar Inc.

The last downgrade for FTC Solar Inc happened on March 14, 2024 when Roth MKM changed their price target from $2 to $0.45 for FTC Solar Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of FTC Solar, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for FTC Solar was filed on May 13, 2024 so you should expect the next rating to be made available sometime around May 13, 2025.

While ratings are subjective and will change, the latest FTC Solar (FTCI) rating was a reiterated with a price target of $0.00 to $1.50. The current price FTC Solar (FTCI) is trading at is $0.51, which is within the analyst’s predicted range.