FTC Solar, Inc. (NASDAQ:FTCI) Given Average Rating of “Hold” by Brokerages

Shares of FTC Solar, Inc. (NASDAQ:FTCI) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $12.50.

FTCI has been the subject of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of FTC Solar in a research report on Friday, March 27th. TD Cowen dropped their price objective on shares of FTC Solar from $8.00 to $5.00 and set a “buy” rating on the stock in a research note on Wednesday. Wall Street Zen cut shares of FTC Solar from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Finally, HC Wainwright reaffirmed a “buy” rating and set a $20.00 price objective (up from $5.00) on shares of FTC Solar in a research note on Wednesday, January 7th.

FTC Solar Trading Up 15.9%

FTCI opened at $4.00 on Thursday. FTC Solar has a 12-month low of $2.90 and a 12-month high of $12.75. The firm has a market capitalization of $62.36 million, a PE ratio of -0.70 and a beta of 1.81. The firm has a 50 day moving average of $4.81 and a two-hundred day moving average of $8.13.

FTC Solar (NASDAQ:FTCI) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.26). FTC Solar had a negative return on equity of 549.96% and a negative net margin of 42.12%.The business had revenue of $17.27 million for the quarter, compared to analysts’ expectations of $24.26 million. As a group, analysts predict that FTC Solar will post -1.09 EPS for the current fiscal year.

Institutional Investors Weigh In On FTC Solar

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of FTC Solar by 18.4% during the 3rd quarter. Vanguard Group Inc. now owns 342,858 shares of the company’s stock worth $2,417,000 after purchasing an additional 53,391 shares during the period. Walleye Capital LLC acquired a new stake in shares of FTC Solar during the 4th quarter worth approximately $1,482,000. Geode Capital Management LLC grew its stake in shares of FTC Solar by 8.2% during the 4th quarter. Geode Capital Management LLC now owns 112,308 shares of the company’s stock worth $1,226,000 after purchasing an additional 8,518 shares during the period. Electron Capital Partners LLC acquired a new stake in shares of FTC Solar during the 4th quarter worth approximately $979,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of FTC Solar by 29.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 81,798 shares of the company’s stock worth $892,000 after purchasing an additional 18,607 shares during the period. Institutional investors and hedge funds own 45.36% of the company’s stock.

Key Headlines Impacting FTC Solar

Here are the key news stories impacting FTC Solar this week:

• Positive Sentiment: Awarded a 1GW agreement for 1‑P trackers with a leading global offtaker, signaling meaningful commercial traction and potential revenue backlog that could drive future growth. GlobeNewswire Press Release
• Positive Sentiment: Board member Anthony Carroll was appointed President & CEO, a leadership change the company frames as a strategic reset — investors often view new leadership as a catalyst for execution improvements. GlobeNewswire Press Release
• Positive Sentiment: TD Cowen kept a “buy” rating on FTCI even though it trimmed its price target from $8 to $5 — continued analyst support can boost investor confidence and helped underpin the stock. Benzinga
• Neutral Sentiment: Q1 2026 earnings call transcript and full release are available for investors to assess management commentary and roadmap. Earnings Call Transcript
• Negative Sentiment: Q1 results missed expectations: EPS of ($0.67) vs. consensus ($0.41) and revenue $17.3M vs. $24.3M consensus — a clear near-term earnings and top-line shortfall. Zacks
• Negative Sentiment: Q2 revenue guidance of $22.0M–$26.0M is well below street expectations (~$32.7M), indicating continued near-term revenue pressure and keeping upside uncertain. Yahoo Finance
• Negative Sentiment: Profitability metrics remain weak (large negative net margin and negative ROE reported), underscoring execution and margin challenges that could constrain valuation until results stabilize. Press Release / Financials

About FTC Solar

FTC Solar, Inc (NASDAQ:FTCI) specializes in the design, manufacturing and deployment of solar tracker systems for utility-scale photovoltaic power plants. The company’s tracker solutions are engineered to follow the sun’s path and optimize energy capture, helping customers maximize the performance of their solar assets. In addition to its core mechanical tracker products, FTC Solar offers advanced supervisory control and data acquisition (SCADA) software that enables remote monitoring, predictive maintenance and performance analytics.

Headquartered in Austin, Texas, FTC Solar supports large-scale solar projects across multiple regions, including North America, Latin America, Europe and the Middle East.