FTC Solar (NASDAQ:FTCI) Upgraded to “Hold” at Wall Street Zen

Posted by Brenda Bartman on Nov 8th, 2026

Wall Street Zen upgraded shares of FTC Solar (NASDAQ:FTCI – Free Report) from a strong sell rating to a hold rating in a research note released on Saturday morning,Wall Street Zen reports.

FTCI has been the topic of a number of other reports. UBS Group upgraded FTC Solar from a “neutral” rating to a “buy” rating and raised their target price for the company from $3.50 to $3.60 in a research note on Friday, September 18th. Weiss Ratings restated a “sell (d-)” rating on shares of FTC Solar in a research report on Monday, September 21st. Zacks Research raised shares of FTC Solar to a “hold” rating in a report on Friday, October 23rd. Finally, Roth Capital set a $7.00 price objective on shares of FTC Solar and gave the company a “buy” rating in a research report on Wednesday, August 12th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, FTC Solar currently has a consensus rating of “Moderate Buy” and an average target price of $8.90.

Check Out Our Latest Research Report on FTCI

FTC Solar Price Performance

Shares of FTCI opened at $1.56 on Friday. The company has a market cap of $28.53 million, a P/E ratio of -0.30 and a beta of 1.75. The stock has a fifty day moving average price of $1.97 and a 200 day moving average price of $4.39. FTC Solar has a 12 month low of $1.17 and a 12 month high of $12.75.

Insider Buying and Selling

In other FTC Solar news, CEO Anthony Carroll bought 24,745 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were purchased at an average price of $2.08 per share, with a total value of $51,469.60. Following the purchase, the chief executive officer directly owned 666,200 shares of the company’s stock, valued at approximately $1,385,696. The trade was a 3.86% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Shaker Sadasivam purchased 101,083 shares of FTC Solar stock in a transaction on Friday, August 28th. The shares were acquired at an average price of $2.69 per share, with a total value of $271,913.27. Following the transaction, the director directly owned 255,464 shares in the company, valued at $687,198.16. This trade represents a 65.48% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 198,701 shares of company stock valued at $489,308 over the last three months. Corporate insiders own 19.20% of the company’s stock.

Institutional Inflows and Outflows

An institutional investor recently raised its position in FTC Solar stock. Renaissance Technologies LLC increased its stake in FTC Solar, Inc. (NASDAQ:FTCI – Free Report) by 178.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 93,400 shares of the company’s stock after purchasing an additional 59,800 shares during the quarter. Renaissance Technologies LLC owned about 0.58% of FTC Solar worth $353,000 at the end of the most recent quarter. 45.36% of the stock is currently owned by institutional investors and hedge funds.

About FTC Solar

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FTC Solar, Inc (NASDAQ: FTCI) provides solar tracker systems, software, and engineering services for utility-scale photovoltaic projects. Its technology is designed to help solar panels follow the sun throughout the day, increasing energy production and supporting more efficient project development and operation.

The company’s offerings include single-axis tracker systems, proprietary tracker-control and optimization software, and related engineering, technical, and installation support.