FTCI
FTC Solar, Inc. NASDAQ Listed Apr 28, 2021$5.14
+1.18%
vs $5.08
Mkt Cap $72.0M
52w Low $3.45
18.7% of range
52w High $12.50
50d MA $4.68
200d MA $7.43
P/E (TTM)
-0.9x
EV/EBITDA
—
P/B
—
Debt/Equity
-0.8x
ROE
185.2%
P/FCF
-2.1x
RSI (14)
44.90
ATR (14)
$0.48
Beta
1.69
50d MA
$4.68
200d MA
$7.43
Avg Volume
130.4K
FTC Solar, Inc. provides solar tracker systems, technology, software, and engineering services in the United States, Vietnam, and internationally. It offers two-panel in-portrait single-axis tracker solutions under the Voyager brand name. The company also provides SunPath, a software solution to enhance energy production; Atlas, a web-based enterprise-level database that allows users to manage their project portfolio; and SunDAT, a software solution enables automated design and optimization of solar panel systems across residential, commercial, and utility-scale sites. Its customers include project developers; solar asset owners; and engineering, procurement, and construction contractors that design and build solar energy projects. FTC Solar, Inc. was incorporated in 2017 and is headquartered in Austin, Texas.
CIK (SEC)
Phone
737 787 7906
9050 North Capital of Texas Highway · Austin, TX 78759 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 5, 2026 | BMO | -0.26 | -2.23 | -755.8% | 7.42 | -33.8% | -27.1% | -23.1% | +8.4% | +8.9% | -3.9% | — |
| Nov 12, 2025 | BMO | -0.50 | -0.36 | +28.0% | 7.44 | +21.0% | +49.2% | -0.6% | -5.4% | -8.0% | -7.7% | — |
| Aug 5, 2025 | BMO | -0.64 | -0.86 | -34.4% | 6.61 | -15.3% | -18.5% | -3.2% | -2.7% | -10.0% | +2.4% | — |
| May 1, 2025 | BMO | -0.67 | -0.84 | -25.4% | 3.19 | +10.3% | +4.1% | -5.7% | -3.8% | -0.3% | -0.7% | — |
| Mar 31, 2025 | BMO | -0.83 | -0.80 | +3.6% | 2.50 | -4.0% | +14.8% | -4.2% | +7.3% | +0.0% | -12.9% | — |
| Nov 12, 2024 | BMO | -0.80 | -1.00 | -25.0% | 5.21 | -6.0% | -12.7% | -2.6% | -0.7% | -4.1% | -4.5% | — |
| Aug 8, 2024 | BMO | -0.90 | -0.90 | +0.0% | 3.80 | -13.2% | -33.4% | -3.2% | -13.9% | +18.5% | +1.6% | — |
| May 10, 2024 | BMO | -0.90 | -0.90 | +0.0% | 5.50 | +1.8% | -15.3% | +7.1% | +3.0% | -1.6% | -4.2% | — |
| Mar 13, 2024 | BMO | -0.70 | -0.80 | -14.3% | 4.57 | -1.3% | +3.9% | -6.3% | -0.7% | +12.4% | +8.0% | — |
| Nov 8, 2023 | BMO | -0.60 | -0.80 | -33.3% | 11.90 | -38.7% | -64.5% | +6.4% | -2.2% | +2.3% | +9.6% | — |
| Aug 9, 2023 | BMO | -0.50 | -0.60 | -20.0% | 34.60 | -23.1% | -33.5% | -3.5% | +4.1% | -7.4% | -7.0% | — |
| May 10, 2023 | BMO | -1.00 | -0.70 | +30.0% | 26.50 | +6.4% | +4.5% | +4.3% | +7.3% | +9.7% | -5.9% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6 | TD Cowen | Reiterates | Buy | $5 | $3.45 | $3.45 | +0.0% | +15.9% | +6.8% | +2.8% | +0.5% | -4.8% |
| Mar 6 | TD Cowen | Maintains | Buy → Buy | — | $5.41 | $5.08 | -6.1% | -23.1% | +8.4% | +8.9% | -3.9% | -2.5% |
| Jan 7 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $11.94 | $11.89 | -0.4% | +0.8% | +1.4% | -2.5% | +1.8% | -0.8% |
| Dec 2 | UBS | Maintains | Neutral → Neutral | — | $8.86 | $9.06 | +2.3% | +8.9% | +1.1% | -0.1% | -4.4% | -0.9% |
| Nov 13 | TD Cowen | Maintains | Buy → Buy | — | $11.10 | $11.38 | +2.5% | -0.6% | -5.4% | -8.0% | -7.7% | +1.6% |
| Aug 18 | UBS | Maintains | Neutral → Neutral | — | $5.64 | $5.83 | +3.4% | +5.1% | -8.6% | +6.3% | +11.8% | +0.2% |
| May 2 | Roth MKM | Maintains | Neutral → Neutral | — | $3.32 | $3.34 | +0.6% | -5.7% | -3.8% | -0.3% | -0.7% | +10.7% |
| Apr 8 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $2.51 | $2.65 | +5.6% | -10.0% | +16.8% | -1.5% | +10.0% | -6.3% |
| Apr 2 | UBS | Maintains | Neutral → Neutral | — | $2.75 | $2.61 | -5.1% | +7.3% | +0.0% | -12.9% | -2.3% | -10.0% |
| Apr 1 | Roth MKM | Maintains | Neutral → Neutral | — | $2.87 | $2.86 | -0.3% | -4.2% | +7.3% | +0.0% | -12.9% | -2.3% |
| Nov 13 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $4.55 | $4.58 | +0.7% | -2.6% | -0.7% | -4.1% | -4.5% | -0.7% |
| Aug 9 | TD Cowen | Maintains | Buy → Buy | — | $2.53 | $2.63 | +4.0% | -3.2% | -13.9% | +18.5% | +1.6% | -5.5% |
| Aug 9 | UBS | Maintains | Neutral → Neutral | — | $2.53 | $2.63 | +4.0% | -3.2% | -13.9% | +18.5% | +1.6% | -5.5% |
| May 13 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $4.66 | $4.71 | +1.1% | +7.1% | +3.0% | -1.6% | -4.2% | +2.9% |
| Mar 14 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $4.75 | $4.15 | -12.6% | -6.3% | -0.7% | +12.4% | +8.0% | +1.9% |
| Mar 14 | Roth MKM | Downgrade | Buy → Neutral | — | $4.75 | $4.15 | -12.6% | -6.3% | -0.7% | +12.4% | +8.0% | +1.9% |
| Dec 15 | Northland Capital Markets | Maintains | Market Perform → Market Perform | — | $8.90 | $9.30 | +4.5% | +5.7% | -13.9% | -4.3% | -5.5% | -4.9% |
| Nov 9 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $4.23 | $4.84 | +14.4% | +6.4% | -2.2% | +2.3% | +9.6% | +4.9% |
| Nov 9 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $4.23 | $4.84 | +14.4% | +6.4% | -2.2% | +2.3% | +9.6% | +4.9% |
| Oct 6 | Piper Sandler | Maintains | Neutral → Neutral | — | $11.90 | $11.50 | -3.4% | +5.9% | +1.6% | +13.3% | -4.1% | -5.8% |
| Aug 10 | Piper Sandler | Maintains | Neutral → Neutral | — | $23.00 | $23.30 | +1.3% | -3.5% | +4.1% | -7.4% | -7.0% | -2.0% |
| Aug 10 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $23.00 | $23.30 | +1.3% | -3.5% | +4.1% | -7.4% | -7.0% | -2.0% |
| May 11 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $27.70 | $28.10 | +1.4% | +4.3% | +7.3% | +9.7% | -5.9% | +6.2% |
| Apr 13 | HC Wainwright & Co. | Maintains | Buy → Buy | — | $27.40 | $28.10 | +2.6% | +2.9% | +1.4% | -2.8% | -6.5% | +0.4% |
| Apr 5 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $23.80 | $23.90 | +0.4% | -2.1% | +3.4% | +4.6% | +7.1% | +1.5% |
| Mar 15 | BofA Securities | Upgrade | Underperform → Buy | — | $24.30 | $25.10 | +3.3% | -0.4% | -6.2% | -6.2% | -5.2% | +2.5% |
| Nov 10 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $21.80 | $23.00 | +5.5% | +27.5% | -7.2% | -8.5% | +2.1% | -6.2% |
| Oct 17 | Piper Sandler | Maintains | Neutral → Neutral | — | $24.40 | $25.50 | +4.5% | -5.3% | -1.3% | -4.4% | -3.7% | +0.5% |
| Jul 19 | Piper Sandler | Upgrade | Underweight → Neutral | — | $35.50 | $37.30 | +5.1% | +11.3% | +8.9% | -0.9% | -8.5% | +4.1% |
| Jul 12 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $36.70 | $36.80 | +0.3% | +2.5% | -0.8% | -1.1% | -5.1% | +1.4% |
| May 23 | Northland Capital Markets | Maintains | Outperform → Outperform | — | $38.30 | $39.60 | +3.4% | +3.1% | -2.3% | +3.4% | +4.0% | +8.4% |
| May 12 | Credit Suisse | Maintains | Outperform → Outperform | — | $28.30 | $27.50 | -2.8% | -1.1% | +15.7% | -8.6% | +16.9% | +9.5% |
| May 11 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $28.70 | $26.80 | -6.6% | -1.4% | -1.1% | +15.7% | -8.6% | +16.9% |
| Apr 21 | Piper Sandler | Downgrade | Neutral → Underweight | — | $32.10 | $30.60 | -4.7% | -6.9% | +1.3% | +2.0% | -5.5% | -2.1% |
| Apr 8 | Piper Sandler | Downgrade | Overweight → Neutral | — | $46.25 | $43.20 | -6.6% | -14.4% | -0.8% | -4.3% | +0.8% | -5.3% |
| Mar 16 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $56.20 | $56.40 | +0.4% | +11.6% | +5.9% | -2.3% | +0.5% | -2.8% |
| Mar 16 | BofA Securities | Maintains | Underperform → Underperform | — | $56.20 | $56.40 | +0.4% | +11.6% | +5.9% | -2.3% | +0.5% | -2.8% |
| Jan 20 | Credit Suisse | Maintains | Outperform → Outperform | — | $44.60 | $45.40 | +1.8% | -1.8% | -6.2% | +1.7% | -4.5% | -0.8% |
| Jan 14 | BofA Securities | Downgrade | Neutral → Underperform | — | $60.80 | $55.90 | -8.1% | -15.6% | -7.4% | -6.1% | -1.8% | -6.2% |
| Oct 20 | Barclays | Upgrade | Equal Weight → Overweight | — | $67.60 | $69.00 | +2.1% | +5.8% | +9.4% | -2.2% | +3.1% | +3.2% |
| Oct 5 | Raymond James | Maintains | Strong Buy → Strong Buy | — | $68.10 | $69.60 | +2.2% | -1.8% | -2.7% | +4.6% | +0.4% | -4.1% |
| Jun 10 | Piper Sandler | Maintains | Overweight → Overweight | — | $108.10 | $107.50 | -0.6% | +1.9% | -1.9% | +6.2% | -3.1% | +6.3% |
| May 24 | TD Cowen | Maintains | Outperform → Outperform | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| May 24 | Roth Capital | Maintains | Buy → Buy | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| May 24 | Credit Suisse | Maintains | Outperform → Outperform | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| May 24 | UBS | Maintains | Buy → Buy | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| May 24 | Raymond James | Downgrade | Strong Buy → Buy | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| May 24 | Barclays | Maintains | Equal Weight → Equal Weight | — | $86.20 | $90.50 | +5.0% | +8.9% | +0.6% | +4.9% | +8.2% | +0.4% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 7, 2026 | ALVAREZ ANTONIO R | — | Buy | 2,500 | $4.23 | $11K | 51,283 | +3.10% | -1.61% |
| May 6, 2026 | ALVAREZ ANTONIO R | — | Buy | 2,500 | $3.98 | $10K | 48,783 | +2.81% | +3.93% |
| May 6, 2026 | SADASIVAM SHAKER | — | Buy | 27,025 | $3.70 | $100K | 81,508 | +2.81% | +3.93% |
| May 6, 2026 | Carroll Anthony | Chief Executive Officer | Buy | 7,250 | $3.43 | $25K | 641,455 | +2.81% | +3.93% |
8-K · 5.02
!!! Very High
FTC Solar, Inc. -- 8-K 5.02: Executive Change
FTC Solar appointed Anthony Carroll as President while he stepped down as CEO, signaling potential leadership restructuring that investors should monitor for strategic direction changes.
May 5
8-K · 1.01
! Medium
Unknown — 8-K 1.01: Financing / Debt Agreement
FTCI secured new debt financing, which could fund growth or operations but increases financial leverage and future interest obligations that investors should monitor against cash flow generation.
Mar 24
8-K
FTC Solar, Inc. -- 8-K Filing
FTC Solar reported Q4 2025 results at the high end of guidance, demonstrating strong execution and positioning the solar tracker manufacturer for sustained growth.
Mar 5
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 445,079 | $2M | New | Mar 2026 |
| 2 | Marshall Wace, Llp | 103,608 | $392K | Added | Mar 2026 |
| 3 | Renaissance Technologies Llc | 93,400 | $353K | Added | Mar 2026 |
| 4 | Morgan Stanley | 22,942 | $250K | Added | Dec 2025 |
| 5 | Acadian Asset Management Llc | 40,731 | $151K | Added | Mar 2026 |
| 6 | Centiva Capital, Lp | 37,175 | $141K | New | Mar 2026 |
| 7 | Jane Street Group, Llc | 12,367 | $135K | New | Dec 2025 |
| 8 | Hudson Bay Capital Management Lp | 12,347 | $135K | New | Dec 2025 |
| 9 | Mitsubishi Ufj Asset Management Co., Ltd. | 26,379 | $100K | Reduced | Mar 2026 |
| 10 | Ubs Group Ag | 23,623 | $89K | Added | Mar 2026 |
| 11 | Hrt Financial Lp | 21,307 | $80K | New | Mar 2026 |
| 12 | Northern Trust Corp | 19,235 | $73K | — | Mar 2026 |
| 13 | Axq Capital, Lp | 13,189 | $50K | New | Mar 2026 |
| 14 | Simplex Trading, Llc | 1,375 | $5K | New | Mar 2026 |
| 15 | Wells Fargo & Company/mn | 597 | $2K | New | Mar 2026 |
| 16 | Millstone Evans Group, Llc | 96 | $1K | New | Dec 2025 |
| 17 | Bnp Paribas Financial Markets | 219 | $828 | — | Mar 2026 |
| 18 | Fortitude Family Office, Llc | 112 | $423 | Reduced | Mar 2026 |
| 19 | Citigroup Inc | 29 | $316 | New | Dec 2025 |
| 20 | Jpmorgan Chase & Co | 62 | $234 | — | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 9
All ↗
| # | Fund | Shares | Value | Period |
|---|---|---|---|---|
| 1 | Fidelity Extended Market Index Fund | 52,195 | $378K | Feb 2026 |
| 2 | Ultra-Small Company Fund | 39,034 | $148K | Mar 2026 |
| 3 | Fidelity Total Market Index Fund | 17,567 | $127K | Feb 2026 |
| 4 | Fidelity Series Total Market Index Fund | 14,318 | $104K | Feb 2026 |
| 5 | iShares Micro-Cap ETF | 25,626 | $97K | Mar 2026 |
| 6 | ProShares S&P Kensho Cleantech ETF | 8,746 | $63K | Feb 2026 |
| 7 | Fidelity Nasdaq Composite Index Fund | 5,983 | $43K | Feb 2026 |
| 8 | Victory Extended Market Index Fund | 1,082 | $11K | Jan 2026 |
| 9 | Dimensional U.S. Small Cap ETF | 930 | $10K | Jan 2026 |
Valuation
Market Cap
$72.0M
Enterprise Value
$50.9M
P/E (TTM)
-0.94x
Forward P/E
—
PEG Ratio
-0.05x
P/B
—
P/S
0.72x
P/FCF
-2.08x
EV/EBITDA
—
Shares Out
14.0M
Financials (TTM)
Revenue
$99.7M
Net Income
-$76.9M
EBITDA
-$32.1M
Free Cash Flow
-$34.6M
Op Cash Flow
-$33.4M
EPS Basic
$-5.49
EPS Diluted
$-5.49
EPS Forward
$-0.86
Gross Margin
1.1%
Op Margin
-33.5%
Net Margin
-77.2%
Balance Sheet
Total Assets
$111.8M
Total Liab.
$152.1M
Total Equity
-$40.3M
Cash
$21.1M
LT Debt
$0
Book Value/Sh
$-2.88
Debt/Equity
-0.84x
Current Ratio
1.30
Quick Ratio
1.17
Returns & Growth
ROE
185.2%
ROA
-71.2%
ROIC
-48.0%
Rev Growth YoY
+110.5%
EPS Growth YoY
-43.3%
Price Returns
2W
+22.2%
1M
+10.4%
3M
-24.0%
6M
-41.7%
12M
+33.8%
Technicals
52W High
$12.50
52W Low
$3.45
50d MA
$4.68
200d MA
$7.43
RSI (14)
44.90
ATR (14)
$0.48
Beta
1.69
Avg Volume
130K
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
—
Ex-Div Date
—
Analyst Price Targets
Consensus
$13.33
High
$20.00
Low
$10.00
Median
$10.00
Data updated apr 25, 2026 10:12am
· Source: financialmodelingprep.com