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FTC Solar

FTCINASDAQ
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$3.11
0.113.67%
At close: -
$2.90
-0.21-6.73%
After Hours: Dec 20, 8:32 AM EDT
Consensus Rating1
Buy
Highest Price Target1
$6.00
Lowest Price Target1
$0.30
Consensus Price Target1
$1.92

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

FTC Solar Inc has a consensus price target of $1.92 based on the ratings of 9 analysts. The high is $6 issued by Credit Suisse on May 12, 2022. The low is $0.3 issued by UBS on August 9, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., TD Cowen, and UBS on November 13, 2024, August 9, 2024, and August 9, 2024, respectively. With an average price target of $0.93 between HC Wainwright & Co., TD Cowen, and UBS, there's an implied -67.82% downside for FTC Solar Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
1
Aug
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.4
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

HC Wainwright & Co.
TD Cowen
UBS
Roth MKM
Northland Capital Markets

1calculated from analyst ratings

Analyst Ratings for FTC Solar

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FAQ

Q

What is the target price for FTC Solar (FTCI) stock?

A

The latest price target for FTC Solar (NASDAQ:FTCI) was reported by HC Wainwright & Co. on November 13, 2024. The analyst firm set a price target for $1.50 expecting FTCI to fall to within 12 months (a possible -48.29% downside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for FTC Solar (FTCI)?

A

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

Q

When was the last upgrade for FTC Solar (FTCI)?

A

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.

Q

When was the last downgrade for FTC Solar (FTCI)?

A

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.

Q

When is the next analyst rating going to be posted or updated for FTC Solar (FTCI)?

A

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 November 13, 2024 so you should expect the next rating to be made available sometime around November 13, 2025.

Q

Is the Analyst Rating FTC Solar (FTCI) correct?

A

While ratings are subjective and will change, the latest FTC Solar (FTCI) rating was a reiterated with a price target of $1.50 to $1.50. The current price FTC Solar (FTCI) is trading at is $2.90, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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