FTCI Stock Overview
FTC Solar, Inc. provides solar tracker systems, software, and engineering services in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
FTC Solar, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.21 |
| 52 Week High | US$3.87 |
| 52 Week Low | US$1.13 |
| Beta | 2 |
| 1 Month Change | -39.20% |
| 3 Month Change | -63.00% |
| 1 Year Change | -61.95% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -91.51% |
Recent News & Updates
Recent updates
Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates
Aug 11
Investors 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 12FTC Solar gains on announcing agreement with Primoris
Sep 15Analysts Have Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue Estimates By 14%
Aug 11FTC Solar Non-GAAP EPS of -$0.18 misses by $0.02, revenue of $30.72M misses by $1.72M
Aug 09A First Look At FTC Solar
Jun 13Earnings Update: FTC Solar, Inc. (NASDAQ:FTCI) Just Reported And Analysts Are Trimming Their Forecasts
May 12We're Not Very Worried About FTC Solar's (NASDAQ:FTCI) Cash Burn Rate
May 08Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates
Jan 28FTC Solar (NASDAQ:FTCI) Is In A Strong Position To Grow Its Business
Oct 05FTC Solar: Competitive Technology And A Compelling Origin Story
Aug 21FTC Solar, Inc. (NASDAQ:FTCI) Shares Could Be 41% Below Their Intrinsic Value Estimate
Aug 11FTC Solar EPS misses by $0.02, beats on revenue
Jun 08FTC Solar: Perhaps Some Sunshine
May 01Shareholder Returns
| FTCI | US Electrical | US Market | |
|---|---|---|---|
| 7D | -8.3% | -1.9% | -1.1% |
| 1Y | -61.9% | 7.9% | 14.1% |
Return vs Industry: FTCI underperformed the US Electrical industry which returned 14.3% over the past year.
Return vs Market: FTCI underperformed the US Market which returned 17.5% over the past year.
Price Volatility
| FTCI volatility | |
|---|---|
| FTCI Average Weekly Movement | 13.6% |
| Electrical Industry Average Movement | 9.0% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in US Market | 14.1% |
| 10% least volatile stocks in US Market | 2.6% |
Stable Share Price: FTCI is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: FTCI's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 221 | Sean Hunkler | https://ftcsolar.com |
FTC Solar, Inc. provides solar tracker systems, software, and engineering services in the United States and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides Pioneer, a one module-in-portrait solar tracker solution that allows for a pile count reduction per megawatt.
FTC Solar, Inc. Fundamentals Summary
| FTCI fundamental statistics | |
|---|---|
| Market Cap | US$151.18m |
| Earnings (TTM) | -US$68.31m |
| Revenue (TTM) | US$116.05m |
1.2x
P/S Ratio-2.1x
P/E RatioIs FTCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTCI income statement (TTM) | |
|---|---|
| Revenue | US$116.05m |
| Cost of Revenue | US$123.09m |
| Gross Profit | -US$7.05m |
| Other Expenses | US$61.27m |
| Earnings | -US$68.31m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.58 |
| Gross Margin | -6.07% |
| Net Profit Margin | -58.87% |
| Debt/Equity Ratio | 0% |
How did FTCI perform over the long term?
See historical performance and comparison