NASDAQ:FSLR - First Solar Stock Price, Forecast & News

First Solar trades on the NASDAQ under the ticker symbol "FSLR."

First Solar, Inc. (NASDAQ:FSLR) posted its quarterly earnings results on Thursday, October, 24th. The solar cell manufacturer reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.77. The solar cell manufacturer earned $547 million during the quarter, compared to analysts' expectations of $995.41 million. First Solar had a negative return on equity of 0.07% and a negative net margin of 0.14%. The company's quarterly revenue was down 19.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 EPS. View First Solar's Earnings History.

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for First Solar.

First Solar issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $2.25-2.75 for the period, compared to the Thomson Reuters consensus estimate of $2.43. The company issued revenue guidance of $3.5-3.7 billion, compared to the consensus revenue estimate of $3.55 billion.

11 analysts have issued 1-year price objectives for First Solar's shares. Their forecasts range from $49.00 to $83.00. On average, they expect First Solar's stock price to reach $71.30 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price. View Analyst Price Targets for First Solar.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 1 sell rating, 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Solar.

Headlines about FSLR stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Solar earned a news impact score of -5.0 on InfoTrie's scale. They also assigned press coverage about the solar cell manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for First Solar.

Some companies that are related to First Solar include Intel (INTC), NVIDIA (NVDA), Texas Instruments (TXN), Broadcom (AVGO), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE) and Silicon Laboratories (SLAB).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Solar investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), Medivation (MDVN), Incyte (INCY), Micron Technology (MU), Tesla (TSLA), Netflix (NFLX), United Continental (UAL), NVIDIA (NVDA) and Alibaba Group (BABA).

First Solar's stock is owned by many different of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.51%), Calamos Advisors LLC (0.40%), Assenagon Asset Management S.A. (0.26%), Commerzbank Aktiengesellschaft FI (0.11%), SFE Investment Counsel (0.03%) and Deane Retirement Strategies Inc. (0.02%). Company insiders that own First Solar stock include Alexander R Bradley, Bryan Robert Schumaker, Byron Michael Jeffers, Christopher Bueter, George A Hambro, Georges Antoun, Mark R Widmar, Paul J Kaleta, Philip Dejong, R Craig Kennedy and Raffi Garabedian. View Institutional Ownership Trends for First Solar.

FSLR stock was sold by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Deane Retirement Strategies Inc., Sciencast Management LP, CenturyLink Investment Management Co, IFP Advisors Inc, State of Alaska Department of Revenue, Winfield Associates Inc. and Clean Yield Group. Company insiders that have sold First Solar company stock in the last year include Alexander R Bradley, Byron Michael Jeffers, Christopher Bueter, Georges Antoun, Mark R Widmar, Paul J Kaleta, Philip Dejong, R Craig Kennedy and Raffi Garabedian. View Insider Buying and Selling for First Solar.

FSLR stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., DNB Asset Management AS, SFE Investment Counsel, Boenning & Scattergood Inc., Winslow Evans & Crocker Inc., Grassi Investment Management, Hanson & Doremus Investment Management and Louisiana State Employees Retirement System. View Insider Buying and Selling for First Solar.

Shares of FSLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FSLR stock can currently be purchased for approximately $53.52.

First Solar has a market capitalization of $5.64 billion and generates $2.24 billion in revenue each year. The solar cell manufacturer earns $144.33 million in net income (profit) each year or $1.36 on an earnings per share basis. First Solar employs 6,400 workers across the globe.View Additional Information About First Solar.

The official website for First Solar is http://www.firstsolar.com/.

First Solar's mailing address is 350 WEST WASHINGTON STREET SUITE 600, TEMPE AZ, 85281. The solar cell manufacturer can be reached via phone at 602-414-9300 or via email at [email protected]