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

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

First Solar, Inc. (NASDAQ:FSLR) announced its quarterly earnings data on Thursday, August, 1st. The solar cell manufacturer reported ($0.18) EPS for the quarter, missing the Zacks' consensus estimate of $0.02 by $0.20. The solar cell manufacturer earned $585 million during the quarter, compared to analyst estimates of $656.80 million. First Solar had a net margin of 0.95% and a return on equity of 0.46%. First Solar's revenue for the quarter was up 89.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.46) EPS. View First Solar's Earnings History.

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for First Solar.

First Solar updated its FY19 earnings guidance on Thursday, August, 1st. The company provided EPS guidance of $2.25-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.45. The company issued revenue guidance of $3.5-3.7 billion, compared to the consensus revenue estimate of $3.53 billion.

13 brokerages have issued 1 year target prices for First Solar's stock. Their predictions range from $56.00 to $82.00. On average, they expect First Solar's stock price to reach $70.1111 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for First Solar.

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

News headlines about FSLR stock have trended positive recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. First Solar earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave press coverage about the solar cell manufacturer a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View News Stories for First Solar.

Some companies that are related to First Solar include Xilinx (XLNX), Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), Marvell Technology Group (MRVL), STMicroelectronics (STM), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), ASE Technology (ASX), Qorvo (QRVO), Cypress Semiconductor (CY), ON Semiconductor (ON), Advantest (ATEYY), Monolithic Power Systems (MPWR) and IPG Photonics (IPGP).

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

First Solar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.62%), BlackRock Inc. (7.62%), Vanguard Group Inc. (6.62%), Invesco Ltd. (2.55%), Bank of New York Mellon Corp (2.19%) and Lansdowne Partners UK LLP (1.01%). 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 Quest Capital Management Inc. ADV, Morgan Stanley, Point72 Asset Management L.P., Grantham Mayo Van Otterloo & Co. LLC, Canada Pension Plan Investment Board, Kempen Capital Management N.V., DNB Asset Management AS and Robecosam AG. 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 purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of New York Mellon Corp, Nuveen Asset Management LLC, South Texas Money Management Ltd., UBS Group AG, Schroder Investment Management Group, DekaBank Deutsche Girozentrale and Bowen Hanes & Co. Inc.. 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, Scottrade, Fidelity and Charles Schwab.

One share of FSLR stock can currently be purchased for approximately $60.89.

First Solar has a market capitalization of $6.42 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]