$5.53
4.34% today
Nasdaq, Dec 30, 10:09 pm CET
ISIN
US30320C1036
Symbol
FTCI

FTC Solar Inc Target price 2024 - Analyst rating & recommendation

FTC Solar Inc Classifications & Recommendation:

Buy
50%
Hold
50%

FTC Solar Inc Price Target

Target Price $8.83
Price $5.30
Potential
Number of Estimates 6
6 Analysts have issued a price target FTC Solar Inc 2025 . The average FTC Solar Inc target price is $8.83. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 3 Analysts recommend FTC Solar Inc to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the FTC Solar Inc stock has an average upside potential 2025 of . Most analysts recommend the FTC Solar Inc stock at Buy or hold.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 127.00 46.00
3.19% 63.78%
EBITDA Margin -38.90% -98.79%
51.48% 153.97%
Net Margin -43.74% -107.16%
57.07% 144.99%

6 Analysts have issued a sales forecast FTC Solar Inc 2024 . The average FTC Solar Inc sales estimate is

$46.0m
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. This is
19.79% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$47.4m 17.35%
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, the lowest is
$44.5m 22.32%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $127m 3.19%
2024
$46.0m 63.78%
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2025
$126m 172.97%
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2026
$216m 72.38%
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2027
$436m 101.43%
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2028
$545m 25.00%
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6 Analysts have issued an FTC Solar Inc EBITDA forecast 2024. The average FTC Solar Inc EBITDA estimate is

$-45.4m
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. This is
8.27% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$-41.9m 15.35%
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, the lowest is
$-50.4m 1.74%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-49.4m 49.93%
2024
$-45.4m 8.01%
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2025
$-26.0m 42.76%
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2026
$-2.1m 91.74%
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2027
$40.3m 1,978.00%
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2028
$62.8m 55.61%
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EBITDA Margin

2023 -38.90% 51.48%
2024
-98.79% 153.97%
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2025
-20.72% 79.03%
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2026
-0.99% 95.22%
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2027
9.25% 1,034.34%
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2028
11.52% 24.54%
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6 FTC Solar Inc Analysts have issued a net profit forecast 2024. The average FTC Solar Inc net profit estimate is

$-49.3m
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. This is
2.38% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-46.0m 4.51%
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, the lowest is
$-52.4m 8.76%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-55.5m 55.70%
2024
$-49.3m 11.27%
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2025
$-33.2m 32.68%
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2026
$-11.1m 66.67%
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2027
$17.9m 261.66%
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2028
$31.9m 78.58%
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Net Margin

2023 -43.74% 57.07%
2024
-107.16% 144.99%
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2025
-26.43% 75.34%
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2026
-5.11% 80.67%
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2027
4.10% 180.23%
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2028
5.86% 42.93%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -4.35 -3.86
55.70% 11.26%
P/E negative
EV/Sales 1.33

6 Analysts have issued a FTC Solar Inc forecast for earnings per share. The average FTC Solar Inc <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-3.86
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. This is
2.39% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-3.60 4.51%
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, the lowest is
$-4.10 8.75%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-4.35 55.70%
2024
$-3.86 11.26%
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2025
$-2.60 32.64%
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2026
$-0.87 66.54%
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2027
$1.40 260.92%
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2028
$2.50 78.57%
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P/E ratio

Current -1.41 16.53%
2024
-1.37 2.84%
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2025
-2.04 48.91%
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2026
-6.12 200.00%
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2027
3.79 161.93%
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2028
2.12 44.06%
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Based on analysts' sales estimates for 2024, the FTC Solar Inc stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.07 160.98%
2024
1.33 24.43%
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2025
0.49 63.37%
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2026
0.28 41.99%
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2027
0.14 50.34%
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2028
0.11 20.00%
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P/S ratio

Current 1.18 86.99%
2024
1.47 24.68%
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2025
0.54 63.37%
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2026
0.31 41.98%
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2027
0.16 50.35%
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2028
0.12 20.01%
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