5 Most Promising Solar Stocks According to Analysts

In this article, we discuss the 5 most promising Solar stocks according to analysts. To read a detailed overview of the healthcare sector, go directly to the 12 Most Promising Solar Stocks According to Analysts.

5. FTC Solar, Inc. (NASDAQ:FTCI)

Average Analyst Price Target Upside: 66.71%

Average Analyst Price Target: $1.22

FTC Solar, Inc. (NASDAQ:FTCI) is a Texas-based company that offers advanced solar tracker systems, software, and value-added engineering services. FTC Solar, Inc. (NASDAQ:FTCI) is one of the most promising solar stocks according to analysts.

According to Insider Monkey’s database that tracks 910 elite hedge funds, 11 funds held a stake in FTC Solar, Inc. (NASDAQ:FTCI)’s stock in the third quarter. Herbert Frazier’s Hill City Capital was the most significant stakeholder in the company and owned 4.33 million company shares worth $5.542 million.

FTC Solar, Inc. (NASDAQ:FTCI) was covered by 6 Wall Street analysts over the last three months, and 3 maintained a Buy rating on the stock. As of the December 20 market close, the average price target of $1.22 represented an upside of 66.71%.