FTC Solar, Inc.

NasdaqCM:FTCI Stock Report

Market Cap: US$75.8m

FTC Solar Dividends and Buybacks

Dividend criteria checks 0/6

FTC Solar does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-7.3%

Buyback Yield

Total Shareholder Yield-7.3%
Future Dividend Yield0%
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update May 11

FTCI: Record Margins And Liquidity Resolution Will Support Future Earnings

FTC Solar's analyst price target has been trimmed from about $11 to $10.25, as analysts factor in revised models following softer guidance, liquidity and covenant concerns, and lower P/E assumptions, despite solid recent margins and EBITDA performance. Analyst Commentary Recent research on FTC Solar reflects a mix of optimism around execution and profitability, alongside caution around guidance, liquidity, and valuation assumptions.
Narrative Update Apr 25

FTCI: Record Margins And Liquidity Progress Will Support Future Earnings

The consolidated analyst price target for FTC Solar has been revised to $10, down from $15. Analysts cite weaker Q1 guidance, a softer 2026 outlook, liquidity and covenant concerns, and recent model updates, despite solid margins and near EBITDA breakeven in the latest results.
Narrative Update Apr 10

FTCI: Record Margins And Technical Covenant Resolution Will Support Future Earnings

Analysts have trimmed their blended price target on FTC Solar from $11.00 to $10.00, citing weaker Q1 guidance, a softer 2026 outlook relative to prior expectations, and liquidity concerns around a technical covenant default, despite recent margin strength and near EBITDA breakeven. Analyst Commentary Recent Street commentary on FTC Solar reflects a mix of optimism around execution and profitability, alongside meaningful caution on guidance, liquidity, and valuation risk.
Narrative Update Mar 27

FTCI: Record Margins And 1 GW Agreements Will Support Future Earnings

Analysts have trimmed the blended price target on FTC Solar by $1 to $11, reflecting reduced targets from several firms after weaker near term guidance and liquidity concerns. This is partially balanced by views that stronger margins, EBITDA improvement and a healthier balance sheet still support the investment case.
Narrative Update Mar 09

FTCI: Improved Margins And New 1GW Deal Will Support Future Profitability

Analysts have trimmed their average price targets for FTC Solar to reflect a shift toward more conservative revenue growth and a higher discount rate, while also highlighting improved margins and updated guidance that has led to targets ranging from $6 to $20 per share. Analyst Commentary Recent research paints a mixed picture for FTC Solar, with analysts adjusting price targets to reflect updated guidance, liquidity questions, and margin performance.
Narrative Update Feb 23

FTCI: New 1GW Agreement Will Support Return To Positive Profitability

Analysts lifted their price target on FTC Solar to $20 from $5, citing what they view as better than expected execution; a stronger than expected Q4 outlook; a materially improved balance sheet; and a new 1GW supply agreement that they say supports a path to positive gross margins and adjusted EBITDA. Analyst Commentary Analysts are reacting to the new information on FTC Solar with a mix of optimism and caution, focusing on how recent execution, guidance, and commercial wins might affect valuation and risk.
Narrative Update Feb 08

FTCI: Improved Margins And Liquidity Will Support Turnaround Execution

Analysts have lifted their price targets on FTC Solar, with recent moves such as H.C. Wainwright's jump to $20, Roth Capital's increase to $15, and TD Cowen's raise to $12.50. These changes reflect confidence tied to better than expected execution, a stronger Q4 outlook, improved gross margins, and a healthier balance sheet supported by new supply agreements and recent contract wins.
Narrative Update Jan 25

FTCI: Improved Margins And Liquidity Will Support Execution But Raise Expectation Risks

Narrative update on FTC Solar The analyst price target for FTC Solar has changed from US$14.38 to US$12.00 as analysts factor in improved execution, a healthier balance sheet, new supply agreements, and expectations for sustained positive gross margins and adjusted EBITDA. Analyst Commentary Recent research updates on FTC Solar reflect a generally constructive stance, with several bullish analysts lifting price targets and highlighting execution, balance sheet progress, and margin trends.
Narrative Update Jan 11

FTCI: Improved Margins And Liquidity Are Expected To Drive 2026 Profitability

Analysts have lifted their price target on FTC Solar from US$10.63 to US$14.38, pointing to better than expected execution, a stronger Q4 outlook, a materially improved balance sheet, new supply wins, and guidance that calls for positive gross margins and adjusted EBITDA. Analyst Commentary Bullish Takeaways Bullish analysts link their higher price targets, in some cases moving from around US$5 to a range of US$12.50 to US$20, to what they see as better than expected execution and a stronger Q4 outlook, which they view as supportive of a higher valuation multiple.
Narrative Update Dec 17

FTCI: Execution Gains And Policy Headwinds Will Shape Path To 2026 Profitability

Analysts have raised their price target on FTC Solar to $12.50 from $8.00, citing consistent execution under new leadership, a return to positive gross margins with strong guidance, and an improving balance sheet that supports expectations for sustained growth and positive EBITDA in 2026. Analyst Commentary Recent research updates reflect a materially improved outlook for FTC Solar, with bullish analysts highlighting both operational progress and a more credible path to profitable growth.
Narrative Update Dec 03

FTCI: Execution Improvements And Policy Risks Will Shape Future Profitability Outlook

Analysts have raised their price target on FTC Solar to approximately $10.63 from $9.50 per share, citing consistent execution under new leadership, multiple quarters of strong top line growth, expanding gross margins, and an improving path toward profitability. Analyst Commentary Recent Street commentary reflects a meaningfully improved outlook for FTC Solar, driven by stronger execution under new leadership, a return to positive gross margins, and rising confidence in the company’s growth trajectory and balance sheet strength.
Narrative Update Nov 19

FTCI: Recent Execution Gains And Margin Improvement Will Shape Future Performance Amid Policy Risks

Analysts have raised their price target for FTC Solar from $5.63 to $9.50. They cite improved margins, a stronger balance sheet, and consistent revenue growth as key factors in their renewed optimism.
Narrative Update Aug 22

Global Solar Demand Will Encourage Tracker Adoption

FTC Solar’s higher Analyst Price Target reflects improved sentiment as both its future P/E ratio and marginally positive net profit margin have increased, resulting in a revised fair value estimate of $5.62. What's in the News FTC Solar released the Pioneer+ High Wind tracker, engineered to withstand wind speeds up to 150 mph, targeting projects in coastal, hurricane-prone, and high-altitude regions with advanced features for structural resilience and flexible deployment (Key Developments).
Narrative Update Aug 07

Global Solar Demand Will Encourage Tracker Adoption

The analyst price target for FTC Solar has been notably raised, reflecting improved profitability and a more attractive forward P/E ratio, with fair value increasing from $4.32 to $5.20. What's in the News Issued Q3 2025 revenue guidance of $18.0 million to $24.0 million.
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New Narrative May 15

1P Product Expansion Will Broaden Future Market Reach

Expansion of 1P product line positions FTC Solar for future growth with added customer flexibility and module compatibility.
Analysis Article May 21

A Piece Of The Puzzle Missing From FTC Solar, Inc.'s (NASDAQ:FTCI) 30% Share Price Climb

FTC Solar, Inc. ( NASDAQ:FTCI ) shareholders are no doubt pleased to see that the share price has bounced 30% in the...
Analysis Article Mar 17

FTC Solar, Inc. (NASDAQ:FTCI) Analysts Just Slashed This Year's Estimates

Market forces rained on the parade of FTC Solar, Inc. ( NASDAQ:FTCI ) shareholders today, when the analysts downgraded...
Analysis Article Mar 16

FTC Solar, Inc. (NASDAQ:FTCI) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

It's been a mediocre week for FTC Solar, Inc. ( NASDAQ:FTCI ) shareholders, with the stock dropping 13% to US$0.44 in...
Analysis Article Feb 06

Slammed 26% FTC Solar, Inc. (NASDAQ:FTCI) Screens Well Here But There Might Be A Catch

The FTC Solar, Inc. ( NASDAQ:FTCI ) share price has softened a substantial 26% over the previous 30 days, handing back...
Analysis Article Jan 15

Companies Like FTC Solar (NASDAQ:FTCI) Could Be Quite Risky

We can readily understand why investors are attracted to unprofitable companies. For example, although...
Analysis Article Dec 18

FTC Solar, Inc. (NASDAQ:FTCI) Stock Catapults 82% Though Its Price And Business Still Lag The Industry

FTC Solar, Inc. ( NASDAQ:FTCI ) shareholders are no doubt pleased to see that the share price has bounced 82% in the...
Analysis Article Nov 09

Revenue Downgrade: Here's What Analysts Forecast For FTC Solar, Inc. (NASDAQ:FTCI)

The latest analyst coverage could presage a bad day for FTC Solar, Inc. ( NASDAQ:FTCI ), with the analysts making...
Analysis Article Aug 11

Bearish: Analysts Just Cut Their FTC Solar, Inc. (NASDAQ:FTCI) Revenue and EPS estimates

The analysts covering FTC Solar, Inc. ( NASDAQ:FTCI ) delivered a dose of negativity to shareholders today, by making a...

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if FTCI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FTCI's dividend payments have been increasing.


Dividend Yield vs Market

FTC Solar Dividend Yield vs Market
How does FTCI dividend yield compare to the market?
SegmentDividend Yield
Company (FTCI)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Electrical)0.6%
Analyst forecast (FTCI) (up to 3 years)0%

Notable Dividend: Unable to evaluate FTCI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FTCI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate FTCI's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as FTCI has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/16 07:47
End of Day Share Price 2026/05/15 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 9 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.

AnalystInstitution
Moses SuttonBarclays
Moses SuttonBarclays
Julien Dumoulin-SmithBofA Global Research