FTCI Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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FTC Solar, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.38 |
| 52 Week High | US$7.40 |
| 52 Week Low | US$1.76 |
| Beta | 1.22 |
| 1 Month Change | -17.56% |
| 3 Month Change | -16.13% |
| 1 Year Change | -40.92% |
| 3 Year Change | -91.20% |
| 5 Year Change | n/a |
| Change since IPO | -97.63% |
Recent News & Updates
Recent updates
A Piece Of The Puzzle Missing From FTC Solar, Inc.'s (NASDAQ:FTCI) 30% Share Price Climb
May 21
FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates
Mar 17FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 16Slammed 26% FTC Solar, Inc. (NASDAQ:FTCI) Screens Well Here But There Might Be A Catch
Feb 06Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky
Jan 15FTC Solar, Inc. (NASDAQ:FTCI) Stock Catapults 82% Though Its Price And Business Still Lag The Industry
Dec 18Revenue Downgrade: Here's What Analysts Forecast For FTC Solar, Inc. (NASDAQ:FTCI)
Nov 09Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates
Aug 11Investors Appear Satisfied With FTC Solar, Inc.'s (NASDAQ:FTCI) Prospects As Shares Rocket 34%
Apr 17FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Trimmed Their Revenue Forecasts By 10%
Mar 16Analyst Forecasts Just Got A Lot More Bearish On FTC Solar, Inc. (NASDAQ:FTCI)
Nov 12Shareholder Returns
| FTCI | US Electrical | US Market | |
|---|---|---|---|
| 7D | -0.3% | -1.7% | 1.5% |
| 1Y | -40.9% | 10.2% | 22.4% |
Return vs Industry: FTCI underperformed the US Electrical industry which returned 10.2% over the past year.
Return vs Market: FTCI underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| FTCI volatility | |
|---|---|
| FTCI Average Weekly Movement | 16.3% |
| Electrical Industry Average Movement | 11.6% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 18.0% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FTCI's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: FTCI's weekly volatility has decreased from 23% to 16% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 213 | Yann Brandt | ftcsolar.com |
FTC 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.
FTC Solar, Inc. Fundamentals Summary
| FTCI fundamental statistics | |
|---|---|
| Market cap | US$43.45m |
| Earnings (TTM) | -US$47.55m |
| Revenue (TTM) | US$57.35m |
0.8x
P/S Ratio-0.9x
P/E RatioIs FTCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTCI income statement (TTM) | |
|---|---|
| Revenue | US$57.35m |
| Cost of Revenue | US$65.17m |
| Gross Profit | -US$7.81m |
| Other Expenses | US$39.74m |
| Earnings | -US$47.55m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.70 |
| Gross Margin | -13.62% |
| Net Profit Margin | -82.90% |
| Debt/Equity Ratio | 0% |
How did FTCI perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/16 09:25 |
| End of Day Share Price | 2025/02/14 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
FTC Solar, Inc. is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Moses Sutton | Barclays |
| Moses Sutton | Barclays |
| Julien Dumoulin-Smith | BofA Global Research |