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FTCI

FTC Solar, Inc.

FTCI

NASDAQ·Energy·Solar·Mkt cap $79.7M

$5.00

+0.40%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$3.21 - $12.75

P/E

-1.71

Fwd P/E

-8.06

Beta

1.80

Div Yield

0.00%

Avg Vol

158.8K

Shares Out

16.0M

Mkt Cap

$79.7M

Price action

Price chart

Up 6.0% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary dual-panel in-portrait tracker technology
  • Comprehensive software ecosystem for solar optimization
  • Integrated hardware and software solutions creating customer lock-in
  • Established relationships with major project developers and EPC contractors

Bear Case

1 risk

  • Above-average volatility (beta 1.8).

Growth

Strong growth ahead

Accelerating global solar installation growth and renewable energy adoption

Value

Deep value opportunity - significant discount to Solar Energy peers

Momentum

Hot

+37.2% over 3m

Quality

Thin

Solid business

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Aug 4, 2026

Q2 26 RECAP

MAY 5, 2026

Reported EPS of -$0.67 vs -$0.41 consensus (-63.4% surprise). Revenue of $17.3M vs $24.3M expected (-28.8%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Q2 26

-63.4%

Next: Aug 4, 2026

Revenue trend · last 8Q

+65%

+75%

+157%

+149%

-17%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$11.4M

$10.1M

$13.2M

$20.8M

$20.0M

$26.0M

$32.9M

$17.3M

Margins · last 8Q

Gross

Operating

Profit

188.8%

Wall Street consensus

1 analyst · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

100%

Hold

0%

Sell

0%

Median Price Target

Latest: TD Cowen · May 6, 2026

vs Industry

How FTCI stacks vs Solar

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.