FTC Solar Future Growth
Future criteria checks 6/6
FTC Solar is forecast to grow earnings and revenue by 63.1% and 26.7% per annum respectively. EPS is expected to grow by 69.6% per annum. Return on equity is forecast to be 38.4% in 3 years.
Key information
63.1%
Earnings growth rate
69.6%
EPS growth rate
| Electrical earnings growth | 18.3% |
| Revenue growth rate | 26.7% |
| Future return on equity | 38.4% |
| Analyst coverage | Good |
| Last updated | 23 Apr 2024 |
Recent future growth updates
Recent 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 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 08Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 387 | 8 | 27 | N/A | 2 |
| 12/31/2025 | 255 | -18 | -17 | 6 | 7 |
| 12/31/2024 | 143 | -35 | -4 | 4 | 7 |
| 12/31/2023 | 127 | -50 | -53 | -53 | N/A |
| 9/30/2023 | 130 | -60 | -52 | -52 | N/A |
| 6/30/2023 | 116 | -68 | -49 | -49 | N/A |
| 3/31/2023 | 114 | -84 | -10 | -10 | N/A |
| 12/31/2022 | 123 | -100 | -55 | -55 | N/A |
| 9/30/2022 | 199 | -103 | -91 | -90 | N/A |
| 6/30/2022 | 235 | -100 | -86 | -85 | N/A |
| 3/31/2022 | 254 | -127 | -162 | -160 | N/A |
| 12/31/2021 | 271 | -107 | -134 | -133 | N/A |
| 9/30/2021 | 213 | -92 | -78 | -77 | N/A |
| 6/30/2021 | 220 | -72 | -61 | -61 | N/A |
| 3/31/2021 | 221 | -27 | -19 | -19 | N/A |
| 12/31/2020 | 187 | -16 | 0 | 1 | N/A |
| 12/31/2019 | 53 | -13 | 0 | 0 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FTCI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: FTCI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FTCI is expected to become profitable in the next 3 years.
Revenue vs Market: FTCI's revenue (26.7% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: FTCI's revenue (26.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FTCI's Return on Equity is forecast to be high in 3 years time (38.4%)