FTCITechnology · SolarThe 3 Wall Street analysts covering FTC Solar, Inc. hold a median 12-month price target of $7 — +282.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 26 of 100 as at 12 Oct 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores FTC Solar, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Size (85): Smaller than most of the companies we track.
Issuance (12): The company has been issuing shares or taking on financing, diluting existing holders.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on FTCI, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +282.5% from it.
Of the 20 most recent actions, 1 moved their price target up and 2 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 18 Sept 2026 | UBS | Upgrade | Buy | $3.50 → $3.60 |
| 12 Aug 2026 | Roth Capital | Maintains | Buy | — |
| 12 Aug 2026 | Roth Capital | Maintains | Buy | $10 → $7.00 |
| 6 May 2026 | TD Cowen | Maintains | Buy | $8.00 → $5.00 |
| 6 May 2026 | TD Cowen | Maintains | Buy | — |
| 6 Mar 2026 | TD Cowen | Maintains | Buy | — |
| 7 Jan 2026 | HC Wainwright & Co. | Maintains | Buy | — |
| 2 Dec 2025 | UBS | Maintains | Neutral | — |
| 13 Nov 2025 | TD Cowen | Maintains | Buy | — |
| 18 Aug 2025 | UBS | Maintains | Neutral | — |
| 2 May 2025 | Roth MKM | Maintains | Neutral | — |
| 8 Apr 2025 | HC Wainwright & Co. | Maintains | Buy | — |
| 2 Apr 2025 | UBS | Maintains | Neutral | — |
| 1 Apr 2025 | Roth MKM | Maintains | Neutral | — |
| 13 Nov 2024 | HC Wainwright & Co. | Reiterates | Buy | — |
| 9 Aug 2024 | TD Cowen | Maintains | Buy | — |
| 9 Aug 2024 | UBS | Maintains | Neutral | — |
| 13 May 2024 | HC Wainwright & Co. | Reiterates | Buy | — |
| 14 Mar 2024 | HC Wainwright & Co. | Maintains | Buy | — |
| 14 Mar 2024 | Roth MKM | Downgrade | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. FTCI appears on the weeks it earns a place.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 12 Oct 2026, FTC Solar, Inc. returned −75.0% against +20.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 80% of US stocks
Cheaper than 88% of US stocks
Cheaper than 95% of US stocks
Cheaper than 69% of US stocks
Higher than 78% of US stocks
Higher than 66% of US stocks
Higher than 3% of US stocks
Higher than 17% of US stocks
Higher than 10% of US stocks
Higher than 98% of US stocks
Higher than 16% of US stocks
Higher than 1% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
FTC Solar, Inc. has a market value of $31.9M and an enterprise value of $45.8M.
Revenue in the twelve months to 30 June 2026: $102.3M. The latest quarter grew 30.8% year on year.
Net income over the same four quarters: −$54.9M, a −53.6% net margin.
Diluted earnings per share, trailing twelve months: $−6.25.
Free cash flow in the twelve months to 30 June 2026: −$28.6M.
Trailing P/E: −0.4×; forward P/E: −5.2× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.00%, paying out 0% of earnings.
FTC Solar, Inc. employs 232 people — $441K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own FTC Solar, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
FTC Solar announced it has entered into an amended credit agreement with its lenders, primarily relating to the principal prepayment terms and financial covenants that would have applied during the remainder of 2026.
Why it matters — The amendment adjusts the company's debt prepayment and covenant obligations for the rest of 2026, which could affect its financial flexibility and compliance outlook.
Linxon, Hitachi Energy and FTC Solar signed a Memorandum of Understanding establishing a strategic collaboration framework to jointly pursue and deliver utility-scale solar and battery energy storage system projects across North America and other mutually agreed markets.
Why it matters — The MoU positions FTC Solar to participate in a broader pipeline of utility-scale solar and BESS projects through an established collaboration with major energy infrastructure partners.
FTC Solar announced it has received notice to begin production for the Sybella Creek Solar Farm in Queensland, Australia, an 80+MW project. The company will begin deliveries for the project, which involves its solar tracker systems, software, and engineering services.
Why it matters — This marks a new project delivery commitment for FTC Solar in the Australian market, confirming ongoing demand for its tracker systems.
FTC Solar announced it has begun shipments for the 330 MW Fraser Coast solar project in Queensland, Australia. The company's solar tracker systems will be supplied for this project.
Why it matters — This shipment milestone indicates progress on a major international project, which could contribute to FTC Solar's revenue and expand its presence in Australia's solar market.
FTC Solar, Inc., a provider of solar tracker systems, software and engineering services, announced that members of its management team are scheduled to participate in meetings with investors at upcoming conferences and events.
Why it matters — This indicates increased investor engagement and visibility for FTC Solar at upcoming industry events, which FTCI watchers may track for potential exposure to the broader investment community.
The 3 Wall Street analysts covering FTC Solar, Inc. have a median 12-month price target of $7, with estimates ranging from $3.6 to $20. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 3 analysts covering FTC Solar, Inc., 3 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks FTC Solar, Inc. 26 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 12 Oct 2026, FTC Solar, Inc. ranks 26 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Size (85 of 100).
No one can know that. What the data says: the median 12-month target from 3 analysts implies +282.5% from the last close, and Ticker Nerd's factor model ranks FTC Solar, Inc. 26 out of 100 as at 12 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering FTC Solar, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for FTCI are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $3.6 to $20 over the next 12 months.
FTC Solar, Inc. returned -75.0% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
FTC Solar Inc. is a solar technology company that designs, manufactures, and services solar tracker systems for utility-scale photovoltaic projects.
The most recent item we track (GlobeNewsWire, 5 Oct 2026): "FTC Solar Announces Waiver and Amendment to Credit Agreement". FTC Solar announced it has entered into an amended credit agreement with its lenders, primarily relating to the principal prepayment terms and financial covenants that would have applied during the remainder of 2026.
FTC Solar Inc. is a solar technology company that designs, manufactures, and services solar tracker systems for utility-scale photovoltaic projects. The company’s core offerings include the Voyager two-module-in-portrait tracker and the Pioneer one-module-in-portrait tracker, supported by proprietary software and engineering services that help optimize site layout, structural design, and operational performance. FTC Solar also provides tools and services used by project developers, engineering, procurement and construction firms, solar asset owners, and independent power producers across major solar markets in North America, Europe, Asia, the Middle East, Africa, and Australia. Headquartered in Austin, Texas, FTC Solar plays a focused role in the solar infrastructure market by helping customers improve panel orientation, installation efficiency, and project execution.
CEO Mr. Anthony Carroll · 232 employees · United States · https://ftcsolar.com
