FTC Solar Inc has a consensus price target of $3.12 based on the ratings of 8 analysts. The high is $9 issued by Barclays on October 20, 2021. The low is $0.45 issued by Roth MKM on March 14, 2024. The 3 most-recent analyst ratings were released by HC Wainwright & Co., HC Wainwright & Co., and Roth MKM on May 13, 2024, March 14, 2024, and March 14, 2024, respectively. With an average price target of $1.15 between HC Wainwright & Co., HC Wainwright & Co., and Roth MKM, there's an implied 183.04% upside for FTC Solar Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/13/2024 | Buy Now | 269.19% | HC Wainwright & Co. | Amit Dayal | → $1.5 | Reiterates | Buy → Buy | Get Alert |
03/14/2024 | Buy Now | 269.19% | HC Wainwright & Co. | Amit Dayal | $2.5 → $1.5 | Maintains | Buy | Get Alert |
03/14/2024 | Buy Now | 10.76% | Roth MKM | Philip Shen | $2 → $0.45 | Downgrade | Buy → Neutral | Get Alert |
12/15/2023 | Buy Now | 146.12% | Northland Capital Markets | Donovan Schafer | $0.65 → $1 | Maintains | Market Perform | Get Alert |
11/09/2023 | Buy Now | 392.25% | Raymond James | Pavel Molchanov | $4 → $2 | Maintains | Strong Buy | Get Alert |
11/09/2023 | Buy Now | 515.31% | HC Wainwright & Co. | Amit Dayal | $5 → $2.5 | Maintains | Buy | Get Alert |
10/06/2023 | Buy Now | 269.19% | Piper Sandler | Kashy Harrison | $2.5 → $1.5 | Maintains | Neutral | Get Alert |
08/10/2023 | Buy Now | 515.31% | Piper Sandler | Kashy Harrison | $3 → $2.5 | Maintains | Neutral | Get Alert |
08/10/2023 | Buy Now | 1130.62% | HC Wainwright & Co. | Amit Dayal | → $5 | Reiterates | Buy → Buy | Get Alert |
05/11/2023 | Buy Now | 1130.62% | HC Wainwright & Co. | Amit Dayal | → $5 | Reiterates | Buy → Buy | Get Alert |
04/13/2023 | Buy Now | 1130.62% | HC Wainwright & Co. | Amit Dayal | → $5 | Initiates | → Buy | Get Alert |
04/05/2023 | Buy Now | 884.49% | Raymond James | Pavel Molchanov | $5 → $4 | Maintains | Strong Buy | Get Alert |
03/15/2023 | Buy Now | 761.43% | B of A Securities | Julien Dumoulin-Smith | $2 → $3.5 | Upgrade | Underperform → Buy | Get Alert |
11/10/2022 | Buy Now | 1130.62% | Raymond James | Pavel Molchanov | $6 → $5 | Maintains | Strong Buy | Get Alert |
10/17/2022 | Buy Now | 761.43% | Piper Sandler | Kashy Harrison | $4.5 → $3.5 | Maintains | Neutral | Get Alert |
07/19/2022 | Buy Now | 761.43% | Piper Sandler | Kashy Harrison | $2 → $3.5 | Upgrade | Underweight → Neutral | Get Alert |
07/12/2022 | Buy Now | 1376.74% | Raymond James | Pavel Molchanov | $7 → $6 | Maintains | Strong Buy | Get Alert |
05/23/2022 | Buy Now | 1622.86% | Northland Capital Markets | Donovan Schafer | → $7 | Initiates | → Outperform | Get Alert |
05/12/2022 | Buy Now | 1376.74% | Credit Suisse | Maheep Mandloi | $8 → $6 | Maintains | Outperform | Get Alert |
05/11/2022 | Buy Now | 1622.86% | Raymond James | Pavel Molchanov | $10 → $7 | Maintains | Strong Buy | Get Alert |
04/21/2022 | Buy Now | 638.37% | Piper Sandler | Kashy Harrison | $4 → $3 | Downgrade | Neutral → Underweight | Get Alert |
04/08/2022 | Buy Now | 884.49% | Piper Sandler | Kashy Harrison | → $4 | Downgrade | Overweight → Neutral | Get Alert |
03/16/2022 | Buy Now | 1130.62% | B of A Securities | Julien Dumoulin-Smith | $4.5 → $5 | Maintains | Underperform | Get Alert |
03/16/2022 | Buy Now | 2361.24% | Raymond James | Pavel Molchanov | $12 → $10 | Maintains | Strong Buy | Get Alert |
01/20/2022 | Buy Now | 2361.24% | Credit Suisse | Maheep Mandloi | $18 → $10 | Maintains | Outperform | Get Alert |
01/14/2022 | Buy Now | 1130.62% | B of A Securities | Julien Dumoulin-Smith | $9 → $5 | Downgrade | Neutral → Underperform | Get Alert |
10/20/2021 | Buy Now | 2115.11% | Barclays | Moses Sutton | — | Upgrade | Equal-Weight → Overweight | Get Alert |
10/05/2021 | Buy Now | 2853.48% | Raymond James | Pavel Molchanov | — | Maintains | Strong Buy | Get Alert |
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 269.19% 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 $1.50 to $1.50. The current price FTC Solar (FTCI) is trading at is $0.41, which is out of the analyst’s predicted range.
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