
FTC Solar (FTCI) Stock Forecast & Price Target
FTC Solar (FTCI) Analyst Ratings
Bulls say
FTC Solar is positioned for a robust financial trajectory, with projected revenue growth from $131.6 million in 2024 to $800 million by 2034, reflecting a compound annual growth rate (CAGR) of 19.8%. The company anticipates an enhancement in gross margins from 11% in 2024 to over 15% by 2025 and exceeding 20% by 2027, which suggests significant improvement in operational efficiency and profitability potential. Furthermore, forecasted adjusted EBITDA is expected to rise substantially from $4.5 million in 2025 to $94.3 million in 2033, indicating strong operational advancement and financial health over the coming years.
Bears say
FTC Solar Inc reported a significant quarter-over-quarter revenue decrease of 24%, attributable to a slow transition from awarded to contracted purchase orders, leading to a year-over-year revenue decline of 11.5%. The company's adjusted EBITDA for 2024 has been drastically revised down to negative $31.4 million, down from a previous expectation of negative $11.3 million, reflecting a substantial deterioration in financial performance. Additionally, the guidance for Q1 revenues of $12.5 million falls approximately 71% below consensus, indicating ongoing challenges in meeting market expectations and a forecasted gross margin of -25%, further emphasizing the negative outlook on the company's financial stability.
This aggregate rating is based on analysts' research of FTC Solar and is not a guaranteed prediction by Public.com or investment advice.
FTC Solar (FTCI) Analyst Forecast & Price Prediction
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