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

First Solar's stock was trading at $37.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, FSLR stock has decreased by 10.2% and is now trading at $33.44. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 1 sell rating, 4 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Solar.

First Solar is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for First Solar.

First Solar, Inc. (NASDAQ:FSLR) posted its quarterly earnings results on Thursday, February, 20th. The solar cell manufacturer reported $2.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $2.87 by $0.85. The solar cell manufacturer earned $1.40 billion during the quarter, compared to the consensus estimate of $1.86 billion. First Solar had a positive return on equity of 3.06% and a negative net margin of 3.75%. First Solar's revenue was up 102.5% compared to the same quarter last year. During the same period last year, the company posted $0.49 earnings per share. View First Solar's earnings history.

First Solar issued an update on its FY 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided earnings per share (EPS) guidance of 3.25-3.75 for the period, compared to the Thomson Reuters consensus estimate of $3.56. The company issued revenue guidance of $2.7-2.9 billion, compared to the consensus revenue estimate of $3.37 billion.

14 brokerages have issued 1 year price targets for First Solar's stock. Their forecasts range from $37.00 to $82.00. On average, they anticipate First Solar's share price to reach $63.54 in the next twelve months. This suggests a possible upside of 90.0% from the stock's current price. View analysts' price targets for First Solar.

News stories about FSLR stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Solar earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the solar cell manufacturer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutFirst Solar.

First Solar saw a increase in short interest in February. As of February 28th, there was short interest totaling 12,340,000 shares, an increase of 8.9% from the February 13th total of 11,330,000 shares. Based on an average daily volume of 1,670,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 16.7% of the company's stock are sold short. View First Solar's Current Options Chain.

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

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

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 $33.44.

First Solar has a market capitalization of $3.53 billion and generates $3.06 billion in revenue each year. The solar cell manufacturer earns $-114,930,000.00 in net income (profit) each year or $1.48 on an earnings per share basis. First Solar employs 6,600 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]