Analysts Estimate Report : What to Look Out for FTC Solar (NASDAQ:FTCI)

Earnings results for FTC Solar (NASDAQ:FTCI)

FTC Solar, Inc. is expected* to report earnings on 06/08/2021 before market open. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.06.

Analyst Opinion on FTC Solar (NASDAQ:FTCI)

7 Wall Street analysts have issued ratings and price targets for FTC Solar in the last 12 months. Their average twelve-month price target is $14.29, predicting that the stock has a possible upside of 31.30%. The high price target for FTCI is $23.00 and the low price target for FTCI is $11.00. There are currently 1 hold rating, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus rating of “Buy.”

FTC Solar has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 5 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $14.29, FTC Solar has a forecasted upside of 31.3% from its current price of $10.88. FTC Solar has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: FTC Solar (NASDAQ:FTCI)

FTC Solar does not currently pay a dividend. FTC Solar does not have a long track record of dividend growth.

Insiders buying/selling: FTC Solar (NASDAQ:FTCI)

In the past three months, FTC Solar insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $9,997.00 in company stock and sold $0.00 in company stock.

Earnings and Valuation of FTC Solar (NASDAQ:FTCI

Earnings for FTC Solar are expected to grow in the coming year, from ($0.03) to $0.47 per share.

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