FTC Solar (FTCI) Projected to Release Quarterly Earnings on Tuesday

FTC Solar (NASDAQ:FTCIGet Free Report) will likely be releasing its Q2 2026 results before the market opens on Tuesday, August 4th. Analysts expect FTC Solar to post earnings of ($0.49) per share and revenue of $24.3850 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, August 5, 2026 at 8:30 AM ET.

FTC Solar (NASDAQ:FTCIGet Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.67) EPS for the quarter, missing analysts’ consensus estimates of ($0.41) by ($0.26). The company had revenue of $17.27 million during the quarter, compared to analyst estimates of $24.26 million. On average, analysts expect FTC Solar to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

FTC Solar Stock Performance

FTCI traded down $0.41 during mid-day trading on Tuesday, reaching $2.79. 139,951 shares of the stock were exchanged, compared to its average volume of 144,264. The stock has a market capitalization of $44.73 million, a PE ratio of -0.49 and a beta of 1.80. The company has a 50 day moving average price of $4.73 and a two-hundred day moving average price of $6.13. FTC Solar has a 1 year low of $2.83 and a 1 year high of $12.75.

Insiders Place Their Bets

In related news, Director Shaker Sadasivam bought 27,025 shares of FTC Solar stock in a transaction dated Wednesday, May 6th. The stock was purchased at an average cost of $3.70 per share, with a total value of $99,992.50. Following the transaction, the director directly owned 81,508 shares of the company’s stock, valued at approximately $301,579.60. The trade was a 49.60% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have bought 36,775 shares of company stock valued at $134,810 in the last 90 days. 21.00% of the stock is owned by insiders.

Institutional Investors Weigh In On FTC Solar

A number of hedge funds have recently modified their holdings of the stock. Mercer Global Advisors Inc. ADV purchased a new position in FTC Solar in the fourth quarter valued at approximately $109,000. Hudson Bay Capital Management LP purchased a new stake in FTC Solar in the fourth quarter worth $135,000. Jane Street Group LLC purchased a new stake in FTC Solar in the fourth quarter worth $135,000. OMERS ADMINISTRATION Corp bought a new stake in shares of FTC Solar in the fourth quarter valued at $314,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of FTC Solar by 81.3% in the first quarter. Goldman Sachs Group Inc. now owns 30,581 shares of the company’s stock valued at $88,000 after buying an additional 13,715 shares during the period. Institutional investors own 45.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on FTCI. TD Cowen dropped their price target on shares of FTC Solar from $8.00 to $5.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen upgraded shares of FTC Solar from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of FTC Solar in a research report on Wednesday, June 24th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $12.50.

Read Our Latest Stock Analysis on FTC Solar

About FTC Solar

(Get Free Report)

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.

Featured Articles

Earnings History for FTC Solar (NASDAQ:FTCI)

Receive News & Ratings for FTC Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FTC Solar and related companies with MarketBeat.com's FREE daily email newsletter.