FTCI Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
FTC Solar, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$0.40 |
| 52 Week High | US$3.87 |
| 52 Week Low | US$0.28 |
| Beta | 1.62 |
| 1 Month Change | -22.60% |
| 3 Month Change | -29.53% |
| 1 Year Change | -85.18% |
| 3 Year Change | -97.07% |
| 5 Year Change | n/a |
| Change since IPO | -97.18% |
Recent News & Updates
FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates
Mar 17
FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 16Recent updates
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 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 08Shareholder Returns
| FTCI | US Electrical | US Market | |
|---|---|---|---|
| 7D | 5.6% | 2.7% | 1.0% |
| 1Y | -85.2% | 31.9% | 21.9% |
Return vs Industry: FTCI underperformed the US Electrical industry which returned 34.7% over the past year.
Return vs Market: FTCI underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| FTCI volatility | |
|---|---|
| FTCI Average Weekly Movement | 17.7% |
| Electrical Industry Average Movement | 9.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: FTCI's share price has been volatile over the past 3 months.
Volatility Over Time: FTCI's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 213 | n/a | 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$50.46m |
| Earnings (TTM) | -US$50.29m |
| Revenue (TTM) | US$127.00m |
0.4x
P/S Ratio-1.0x
P/E RatioIs FTCI overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FTCI income statement (TTM) | |
|---|---|
| Revenue | US$127.00m |
| Cost of Revenue | US$118.44m |
| Gross Profit | US$8.56m |
| Other Expenses | US$58.85m |
| Earnings | -US$50.29m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.40 |
| Gross Margin | 6.74% |
| Net Profit Margin | -39.60% |
| Debt/Equity Ratio | 0% |
How did FTCI perform over the long term?
See historical performance and comparison