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FTCI

BEARISH
$3.57 Live
FTC Solar, Inc. · NASDAQ
Target $11.0 (+208.1%)
$2.49 52W Range $12.75

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 10, 2026
Market cap
$55.64M
P/E
N/A
ROE
N/A
Profit margin
-79.8%
Debt/Equity
N/A
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
95%
FTCI exhibits severe financial distress, highlighted by a critical Piotroski F-Score of 1/9 and a negative Price-to-Book ratio of -1.29, indicating negative shareholder equity. While the company shows impressive top-line revenue growth of 148.9%, it is failing to monetize this growth, as evidenced by a negative gross margin (-0.85%) and a profit margin of -79.83%. The combination of catastrophic long-term price performance (-97.5% over 5 years) and aggressive insider selling by the CEO, CFO, and COO suggests a lack of confidence in the current trajectory. Despite optimistic analyst price targets, the deterministic health metrics signal a high risk of insolvency or further dilution.

Key Strengths

Exceptional YoY revenue growth of 148.90%
Strong Q/Q revenue growth momentum
Recent trend of narrowing quarterly losses (EPS surprises becoming more positive)
Current ratio of 1.43 provides a minimal short-term liquidity buffer
Low Price-to-Sales ratio (0.56) relative to sector growth

Key Risks

Negative shareholder equity (P/B -1.29) indicating insolvency risk
Negative gross margins (-0.85%) suggest the cost of goods exceeds sales price
Critical Piotroski F-Score (1/9) indicating fundamental weakness
Heavy insider selling across the entire C-suite (CEO, CFO, COO)
Severe long-term capital erosion (-97.5% 5-year return)

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
16
Weak
Value
20
Future
45
Past
10
Health
5
Dividend
0
AI Verdict
High Risk / Speculative
Key drivers: Negative Equity, Piotroski F-Score 1/9, C-Suite Insider Selling, Negative Gross Margins
Confidence
90%
Value
20/100

Trades at a discount to sales, but value is meaningless given negative equity.

Positives
  • Low P/S ratio
Watchpoints
  • Negative P/B ratio
  • No Graham Number possible due to negative earnings/equity
Future
45/100

Growth is high, but quality of growth is poor.

Positives
  • Triple-digit revenue growth
  • Improving EPS trajectory
Watchpoints
  • Unable to achieve positive gross margins
  • High cash burn implied by profit margins
Past
10/100

Long-term destruction of shareholder value.

Positives
  • Recent 1Y recovery (+35.2%)
Watchpoints
  • 5Y return of -97.5%
  • Consistent history of earnings misses
Health
5/100

Fundamental health is in a state of collapse.

Positives
  • Current ratio > 1.0
Watchpoints
  • Piotroski F-Score 1/9
  • Negative Equity
  • Negative ROA
Dividend
0/100

Non-dividend paying growth/distress stock.

Positives
No standout positives identified.
Watchpoints
  • No dividend
  • No capacity for dividend

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$3.57
Analyst Target
$11.0
Upside/Downside
+208.1%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for FTCI and closest competitors.

Updated 2026-04-09
FTC
FTC Solar, Inc.
Primary
5Y
-97.5%
3Y
-85.8%
1Y
+35.2%
6M
-55.2%
1M
-27.3%
1W
-1.6%
BLB
Blackboxstocks Inc.
Peer
5Y
+0.1%
3Y
+631.0%
1Y
+231.7%
6M
+75.8%
1M
+57.6%
1W
+18.7%
ELT
Eltek Ltd.
Peer
5Y
+40.1%
3Y
+108.2%
1Y
+7.9%
6M
-28.3%
1M
-11.5%
1W
-2.4%
AIR
Airgain, Inc.
Peer
5Y
-83.0%
3Y
-24.1%
1Y
-11.1%
6M
-2.2%
1M
-25.6%
1W
-2.7%
ALA
Alarum Technologies Ltd.
Peer
5Y
-59.0%
3Y
+304.9%
1Y
-1.6%
6M
-58.2%
1M
-4.7%
1W
-10.0%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
N/A
Forward P/E
8.23
PEG Ratio
N/A
P/B Ratio
-1.29
P/S Ratio
0.56
EV/Revenue
0.58
EV/EBITDA
-1.7
Market Cap
$55.64M

Profitability

Profit margins and return metrics

Profit Margin -79.83%
Operating Margin -16.69%
Gross Margin -0.85%
ROE N/A
ROA -21.84%

Growth

Revenue and earnings growth rates

Revenue Growth +148.9%
Earnings Growth N/A
Q/Q Revenue Growth +148.91%
Q/Q Earnings Growth N/A

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
N/A
Current Ratio
1.43
Good
Quick Ratio
1.13
Good
Cash/Share
$1.35

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.0B
Gross Margin
14.9%
Op. Margin
-17.2%
Net Margin
-110.7%
Total Assets
$0.1B
Liabilities
$0.2B
Equity
$-0.0B
Debt/Equity
-3.60x
Operating CF
$-0.0B
CapEx
$-0.0B
Free Cash Flow
$-0.0B
FCF Yield
104%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-04-30
$N/A
2026-03-05
$-0.17
+21.7% surprise
2025-11-12
$-0.36
+32.3% surprise
2025-08-05
$-0.86
-20.0% surprise

Technology Sector Comparison

Comparing FTCI against 220 companies in the Technology sector (20 bullish, 85 neutral, 115 bearish)
Profit Margin
-79.83%
This Stock
vs
-10.0%
Sector Avg
+698.3% (Superior)
Revenue Growth
148.9%
This Stock
vs
11159.19%
Sector Avg
-98.7% (Slower)
Current Ratio
1.43
This Stock
vs
3.76
Sector Avg
-61.9% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

BEHNEN CATHY
Chief Financial Officer
Sell
2025-12-30
1,646 shares · $17,991
AMINPOUR SASAN
Chief Operating Officer
Sell
2025-12-30
3,239 shares · $35,402
BRANDT YANN
Chief Executive Officer
Sell
2025-12-30
37,775 shares · $409,376
CARROLL ANTHONY
Director
Buy
2025-12-16
10,638 shares · $101,380
CARROLL ANTHONY
Director
Stock Award
2025-12-15
13,567 shares
BRANDT YANN
Chief Executive Officer
Gift
2025-12-02
2,500 shares
SPRINGER DAVID
Director
Sell
2025-11-18
100,000 shares · $898,000
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
NONE
4 analysts
TD Cowen
2026-03-06
Maintains
Buy Buy
HC Wainwright & Co.
2026-01-07
Maintains
Buy Buy
UBS
2025-12-02
Maintains
Neutral Neutral
TD Cowen
2025-11-13
Maintains
Buy Buy

Past News Coverage

Recent headlines mentioning FTCI from our newsroom.

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