Is Ftc Solar Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NASDAQ: FTCI) stock is to Strong Buy FTCI stock.
Out of 3 analysts, 2 (66.67%) are recommending FTCI as a Strong Buy, 1 (33.33%) are recommending FTCI as a Buy, 0 (0%) are recommending FTCI as a Hold, 0 (0%) are recommending FTCI as a Sell, and 0 (0%) are recommending FTCI as a Strong Sell.
What is FTCI's forecast return on equity (ROE) for 2023-2024?
(NASDAQ: FTCI) forecast ROE is -32.74%, which is considered weak.
What is FTCI's Price Target?
According to 3 Wall Street analysts that have issued a 1 year FTCI price target, the average FTCI price target is $4.17, with the highest FTCI stock price forecast at $5.00 and the lowest FTCI stock price forecast at $3.50.
On average, Wall Street analysts predict that Ftc Solar's share price could reach $4.17 by May 11, 2024. The average Ftc Solar stock price prediction forecasts a potential upside of 47.77% from the current FTCI share price of $2.82.
What is FTCI's forecast return on assets (ROA) for 2023-2024?
(NASDAQ: FTCI) forecast ROA is -16.07%, which is lower than the forecast US Solar industry average of 12.35%.
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