NASDAQ:FTCI FTC Solar (FTCI) Stock Price, News & Analysis $0.32 -0.01 (-3.08%) (As of 11/29/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About FTC Solar Stock (NASDAQ:FTCI) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get FTC Solar alerts:Sign Up Key Stats Today's Range$0.31▼$0.3550-Day Range$0.31▼$0.7152-Week Range$0.18▼$1.00Volume1.36 million shsAverage Volume1.42 million shsMarket Capitalization$40.25 millionP/E RatioN/ADividend YieldN/APrice Target$0.85Consensus RatingHold Company OverviewFTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.Read More… TODAY ONLY: Nvidia’s Silent Partners Revealed (Ad)Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.Today only, the 2025 AI Blueprint has been revealed … FTC Solar Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks72nd Percentile Overall ScoreFTCI MarketRank™: FTC Solar scored higher than 72% of companies evaluated by MarketBeat, and ranked 111th out of 270 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.2 / 5Analyst RatingHold Consensus RatingFTC Solar has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageFTC Solar has only been the subject of 1 research reports in the past 90 days.Read more about FTC Solar's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for FTC Solar are expected to grow in the coming year, from ($0.37) to ($0.24) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FTC Solar is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of FTC Solar is -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFTC Solar has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about FTC Solar's valuation and earnings. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted5.05% of the float of FTC Solar has been sold short.Short Interest Ratio / Days to CoverFTC Solar has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FTC Solar has recently decreased by 40.30%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldFTC Solar does not currently pay a dividend.Dividend GrowthFTC Solar does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.05% of the float of FTC Solar has been sold short.Short Interest Ratio / Days to CoverFTC Solar has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FTC Solar has recently decreased by 40.30%, indicating that investor sentiment is improving significantly. News and Social Media2.8 / 5News Sentiment0.12 News SentimentFTC Solar has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.81 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for FTC Solar this week, compared to 2 articles on an average week.Search Interest6 people have searched for FTCI on MarketBeat in the last 30 days. MarketBeat Follows7 people have added FTC Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Company Ownership4.2 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, FTC Solar insiders have bought more of their company's stock than they have sold. Specifically, they have bought $75,280.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders22.60% of the stock of FTC Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.36% of the stock of FTC Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about FTC Solar's insider trading history. Receive FTCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FTC Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address FTCI Stock News HeadlinesFTC Solar (NASDAQ:FTCI) Shares Set to Reverse Split on Monday, December 2ndNovember 30 at 3:16 AM | americanbankingnews.comFTC Solar Stock to Reverse Split on Monday, December 2nd (NASDAQ:FTCI)November 30 at 2:03 AM | americanbankingnews.comMedia Is Mocking Elon, But Wait Until They See This DemoElon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.December 1, 2024 | Brownstone Research (Ad)FTC Solar announces 1-for-10 reverse stock splitNovember 27, 2024 | markets.businessinsider.comFTC Solar, Inc: FTC Solar Announces Reverse Stock SplitNovember 27, 2024 | finanznachrichten.deFTC Sags on Reverse Stock SplitNovember 27, 2024 | baystreet.caFTC Solar to execute 1-for-10 reverse stock splitNovember 27, 2024 | msn.comFTC Solar Announces Reverse Stock SplitNovember 27, 2024 | globenewswire.comSee More Headlines FTCI Stock Analysis - Frequently Asked Questions How have FTCI shares performed this year? FTC Solar's stock was trading at $0.6928 at the beginning of 2024. Since then, FTCI stock has decreased by 54.5% and is now trading at $0.3150. View the best growth stocks for 2024 here. How were FTC Solar's earnings last quarter? FTC Solar, Inc. (NASDAQ:FTCI) issued its earnings results on Wednesday, March, 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.01. The business earned $23.20 million during the quarter, compared to analysts' expectations of $22.80 million. FTC Solar had a negative trailing twelve-month return on equity of 98.67% and a negative net margin of 82.90%. When did FTC Solar's stock split? FTC Solar's stock reverse split on the morning of Monday, December 2nd 2024. The 1-10 reverse split was announced on Wednesday, November 27th 2024. The number of shares owned by shareholders was adjusted after the market closes on Friday, November 29th 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. When did FTC Solar IPO? FTC Solar (FTCI) raised $350 million in an initial public offering (IPO) on Wednesday, April 28th 2021. The company issued 18,400,000 shares at a price of $18.00-$20.00 per share. Barclays, BofA Securities, Credit Suisse, UBS Investment Bank and HSBC acted as the underwriters for the IPO and Cowen, Simmons Energy (A Division of Piper Sandler), Raymond James and Roth Capital Partners were co-managers. Who are FTC Solar's major shareholders? Top institutional shareholders of FTC Solar include GSA Capital Partners LLP (0.74%), Geode Capital Management LLC (0.60%), XTX Topco Ltd (0.09%) and Jane Street Group LLC (0.08%). Insiders that own company stock include South Cone Investments Limited, Arc Family Trust, David Springer, Cortes Isidoro Alfonso Quiroga, Ahmad R Chatila, Nagendra Cherukupalli, Patrick Cook, Sasan Aminpour, Sean Hunkler, William A Priddy, Cathy Behnen, Kristian Nolde, Tamara Mullings, Robert Phelps Morris and Ali Mortazavi. View institutional ownership trends. How do I buy shares of FTC Solar? Shares of FTCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of FTC Solar own? Based on aggregate information from My MarketBeat watchlists, some other companies that FTC Solar investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings3/13/2024Today12/01/2024Fiscal Year End12/31/2024Next Earnings (Estimated)3/12/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryElectronic Equipment Current SymbolNASDAQ:FTCI CUSIPN/A CIK1828161 Webwww.ftcsolar.com Phone737-787-7906FaxN/AEmployees220Year FoundedN/APrice Target and Rating Average Stock Price Target$0.85 High Stock Price Target$1.50 Low Stock Price Target$0.30 Potential Upside/Downside+169.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.38) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-50,290,000.00 Net Margins-82.90% Pretax Margin-83.28% Return on Equity-98.67% Return on Assets-44.11% Debt Debt-to-Equity RatioN/A Current Ratio1.33 Quick Ratio1.07 Sales & Book Value Annual Sales$127 million Price / Sales0.32 Cash FlowN/A Price / Cash FlowN/A Book Value$0.24 per share Price / Book1.31Miscellaneous Outstanding Shares127,770,000Free Float98,892,000Market Cap$40.25 million OptionableOptionable Beta1.79 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? 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