NASDAQ:FSLR First Solar - FSLR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding First Solar, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $170.78 -8.57 (-4.78%) (As of 01/30/2023 12:00 AM ET) Add Compare Share Share Today's Range$170.14▼$179.0050-Day Range$145.46▼$180.1952-Week Range$59.60▼$185.28Volume1.49 million shsAverage Volume2.37 million shsMarket Capitalization$18.21 billionP/E Ratio194.07Dividend YieldN/APrice Target$177.63 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability First Solar MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside4.0% Upside$177.63 Price TargetShort InterestHealthy4.20% of Float Sold ShortDividend StrengthN/ASustainability-0.14Upright™ Environmental ScoreNews Sentiment0.91Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.52) to $5.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsOils/Energy Sector108th out of 241 stocksSemiconductors & Related Devices Industry27th out of 92 stocks 2.4 Analyst's Opinion Consensus RatingFirst Solar has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 14 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $177.63, First Solar has a forecasted upside of 4.0% from its current price of $170.78.Amount of Analyst CoverageFirst Solar has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.20% of the float of First Solar has been sold short.Short Interest Ratio / Days to CoverFirst Solar has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in First Solar has recently increased by 5.54%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFirst Solar does not currently pay a dividend.Dividend GrowthFirst Solar does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreFirst Solar has received a 45.00% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Construction of solar power plants", "Solar panels", and "Engineering services for electricity produced with solar power" products. See details.Environmental SustainabilityThe Environmental Impact score for First Solar is -0.14. Previous Next 3.3 News and Social Media Coverage News SentimentFirst Solar has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for First Solar this week, compared to 5 articles on an average week.Search Interest63 people have searched for FSLR on MarketBeat in the last 30 days. This is an increase of 66% compared to the previous 30 days.MarketBeat FollowsOnly 23 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is a decrease of -4% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, First Solar insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.54% of the stock of First Solar is held by insiders.Percentage Held by Institutions80.97% of the stock of First Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for First Solar are expected to grow in the coming year, from ($0.52) to $5.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of First Solar is 194.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.30.Price to Earnings Ratio vs. SectorThe P/E ratio of First Solar is 194.07, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 48.45.Price to Earnings Growth RatioFirst Solar has a PEG Ratio of 0.66. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioFirst Solar has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About First Solar (NASDAQ:FSLR) StockFirst Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.Read More Receive FSLR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address FSLR Stock News HeadlinesJanuary 23, 2023 | marketbeat.comIs Canadian Solar Too Hot to Handle? (FSLR)Solar panel maker Canadian Solar Inc. (NASDAQ: CSIQ) stock has shot up +38% in 2023, but is still in a weekly rectangle trading range since July of 2021.January 4, 2023 | marketbeat.comIs First Solar Stock is Flying Too Close to the Sun? Solar energy solutions provider First Solar Inc. (NASDAQ: FSLR) stock had an impressive 69% gain in 2022. Shares more than doubled from its July 2022 low ofJanuary 31, 2023 | UNKNOWN (Ad)Hot craft spirits opportunity you don't want to missAward winning products. Global distribution. New distillery. New products.January 30, 2023 | finance.yahoo.comSun is Shining on Solar: 3 Top Stocks to BuyJanuary 27, 2023 | finance.yahoo.comFirst Solar, Inc. (NASDAQ:FSLR) Shares Could Be 44% Below Their Intrinsic Value EstimateJanuary 24, 2023 | nasdaq.com9 Best Stocks for Rising Interest RatesJanuary 22, 2023 | americanbankingnews.comBrokerages Set First Solar, Inc. (NASDAQ:FSLR) PT at $177.63January 14, 2023 | nasdaq.comInteresting FSLR Put And Call Options For March 3rdJanuary 31, 2023 | UNKNOWN (Ad)Hot craft spirits opportunity you don't want to missAward winning products. Global distribution. New distillery. New products.January 12, 2023 | finance.yahoo.comFirst Solar Completes Sale of 141 MW Luz del Norte Power Plant to ToescaJanuary 11, 2023 | markets.businessinsider.com3 Red-Hot Solar Stocks for 2023January 6, 2023 | barrons.comSunrun, Sunnova, and First Solar Are Now Buys. This Analyst Is Positive on Clean Energy.January 6, 2023 | seekingalpha.comFirst Solar upgraded, named as a best idea at Wells FargoJanuary 3, 2023 | seekingalpha.comFirst Solar Isn't Generating Enough Power As An InvestmentDecember 29, 2022 | finance.yahoo.comS&P 500 newbie First Solar is only non-energy company among index’s top YTD gainersDecember 28, 2022 | seekingalpha.comFirst Solar Could Be A Dangerous Investment In A Looming RecessionDecember 23, 2022 | thestreet.comFirst Solar Stock Falls On Unusually High Volume (FSLR)December 21, 2022 | finance.yahoo.comS&P 500 Index Regains Key Level, But Stay Cautious; Chip Giant Micron Guides LowDecember 20, 2022 | nasdaq.comNBCT Holding First Solar Joins S&P 500December 20, 2022 | markets.businessinsider.comWhat 14 Analyst Ratings Have To Say About First SolarDecember 13, 2022 | baystreet.caFirst Solar Advances on Elevation to S&P 500December 13, 2022 | cnbc.comStocks making the biggest moves midday: Moderna, First Solar, Pinterest, Norwegian Cruise Line and moreDecember 13, 2022 | finance.yahoo.com2 Nasdaq Stocks Taking Big Strides ForwardDecember 12, 2022 | msn.comStocks trending after hours: Oracle, Tesla, First SolarDecember 12, 2022 | finance.yahoo.comFirst Solar to join S&P 500December 6, 2022 | seekingalpha.comFirst Solar double-downgraded to Sell from Buy at GLJ ResearchDecember 6, 2022 | benzinga.comFirst Solar Fundamentals Likely To Come Under Pressure In 2023, Analyst Downgrades Stock With 66% Price Target CutSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FSLR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for First Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address FSLR Company Calendar Last Earnings11/04/2021Today1/30/2023Next Earnings (Estimated)3/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustrySemiconductors SectorOils/Energy Current SymbolNASDAQ:FSLR CUSIP33643310 CIK1274494 Webwww.firstsolar.com Phone(602) 662-6899Fax602-414-9400Employees4,800Year Founded1999Price Target and Rating Average Stock Price Forecast$177.63 High Stock Price Forecast$233.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+4.0%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$0.88 Trailing P/E Ratio194.07 Forward P/E RatioN/A P/E Growth0.66Net Income$468.69 million Net Margins3.75% Pretax Margin7.22% Return on Equity1.61% Return on Assets1.27% Debt Debt-to-Equity Ratio0.04 Current Ratio4.09 Quick Ratio3.10 Sales & Book Value Annual Sales$2.92 billion Price / Sales6.23 Cash Flow$6.53 per share Price / Cash Flow26.17 Book Value$56.05 per share Price / Book3.05Miscellaneous Outstanding Shares106,610,000Free Float106,030,000Market Cap$18.21 billion OptionableOptionable Beta1.30 Social Links Key ExecutivesMr. Mark R. Widmar (Age 57)CEO & Director Comp: $1.84MMr. Alexander R. Bradley (Age 42)Chief Financial Officer Comp: $879.36kMr. Jason E. Dymbort (Age 45)Gen. Counsel & Sec. Comp: $693.65kMs. Caroline Stockdale (Age 60)Chief People & Communications Officer Comp: $750.38kMr. Georges J. Antoun (Age 60)Chief Commercial Officer Comp: $1.07MMr. Byron Michael Jeffers (Age 40)Global Controller & Chief Accounting Officer Mr. Markus Gloeckler (Age 50)Chief Technology Officer Mr. Mitchell EnnisMang. of Investor RelationsMr. Michael Koralewski (Age 51)Chief Manufacturing Operations Officer Mr. Jigish TrivediSr. VP of TechnologyMore ExecutivesKey CompetitorsSolarEdge TechnologiesNASDAQ:SEDGEnphase EnergyNASDAQ:ENPHShoals Technologies GroupNASDAQ:SHLSMarathon OilNYSE:MROTarga ResourcesNYSE:TRGPView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundBought 1,314 shares on 1/30/2023Ownership: 0.174%Silver Lake Advisory LLCSold 2,415 shares on 1/30/2023Ownership: 0.026%Bank of HawaiiBought 6,639 shares on 1/30/2023Ownership: 0.006%Signaturefd LLCBought 102 shares on 1/30/2023Ownership: 0.003%International Assets Investment Management LLCBought 1,549 shares on 1/30/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions FSLR Stock - Frequently Asked Questions Should I buy or sell First Solar stock right now? 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 6 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FSLR shares. View FSLR analyst ratings or view top-rated stocks. What is First Solar's stock price forecast for 2023? 20 brokerages have issued twelve-month price objectives for First Solar's stock. Their FSLR share price forecasts range from $70.00 to $233.00. On average, they predict the company's stock price to reach $177.63 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price. View analysts price targets for FSLR or view top-rated stocks among Wall Street analysts. How have FSLR shares performed in 2023? First Solar's stock was trading at $149.79 at the start of the year. Since then, FSLR stock has increased by 14.0% and is now trading at $170.78. View the best growth stocks for 2023 here. Are investors shorting First Solar? First Solar saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 4,190,000 shares, an increase of 5.5% from the December 31st total of 3,970,000 shares. Based on an average daily volume of 2,960,000 shares, the days-to-cover ratio is currently 1.4 days. Currently, 4.2% of the shares of the stock are sold short. View First Solar's Short Interest. When is First Solar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023. View our FSLR earnings forecast. How were First Solar's earnings last quarter? First Solar, Inc. (NASDAQ:FSLR) announced its quarterly earnings data on Thursday, November, 4th. The solar cell manufacturer reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.18. The solar cell manufacturer had revenue of $583.50 million for the quarter, compared to the consensus estimate of $688.10 million. First Solar had a net margin of 3.75% and a trailing twelve-month return on equity of 1.61%. First Solar's quarterly revenue was down 37.1% on a year-over-year basis. During the same period last year, the company earned $1.45 earnings per share. What guidance has First Solar issued on next quarter's earnings? First Solar issued an update on its FY 2022 earnings guidance on Thursday, November, 3rd. The company provided earnings per share guidance of -$0.65--$0.35 for the period, compared to the consensus estimate of -$0.10. The company issued revenue guidance of $2.60 billion-$2.70 billion, compared to the consensus revenue estimate of $2.62 billion. What is Mark Widmar's approval rating as First Solar's CEO? 182 employees have rated First Solar Chief Executive Officer Mark Widmar on Glassdoor.com. Mark Widmar has an approval rating of 96% among the company's employees. This puts Mark Widmar in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 75.0% of employees surveyed would recommend working at First Solar to a friend. What other stocks do shareholders of First Solar own? Based on aggregate information from My MarketBeat watchlists, some companies that other First Solar investors own include Puma Biotechnology (PBYI), BioMarin Pharmaceutical (BMRN), (MDVN) (MDVN), Incyte (INCY), Micron Technology (MU), Tesla (TSLA), NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA) and United Airlines (UAL). What is First Solar's stock symbol? First Solar trades on the NASDAQ under the ticker symbol "FSLR." Who are First Solar's major shareholders? First Solar's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.23%), New York State Common Retirement Fund (0.17%), AEGON ASSET MANAGEMENT UK Plc (0.16%), DNB Asset Management AS (0.10%), New York State Teachers Retirement System (0.09%) and Strs Ohio (0.09%). Insiders that own company stock include Alexander R Bradley, Byron Michael Jeffers, George A Hambro, Georges Antoun, Jason E Dymbort, Kuntal Kumar Verma, Lukas T Walton, Mark R Widmar, Markus Gloeckler, Michael Koralewski, Michael T Sweeney, Patrick James Buehler, Philip Dejong, R Craig Kennedy and Raffi Garabedian. View institutional ownership trends. How do I buy shares of First Solar? Shares of FSLR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is First Solar's stock price today? One share of FSLR stock can currently be purchased for approximately $170.78. How much money does First Solar make? First Solar (NASDAQ:FSLR) has a market capitalization of $18.21 billion and generates $2.92 billion in revenue each year. The solar cell manufacturer earns $468.69 million in net income (profit) each year or $0.88 on an earnings per share basis. How many employees does First Solar have? The company employs 4,800 workers across the globe. Does First Solar have any subsidiaries? The following companies are subsidiares of First Solar: Enki Technology Inc, FS India Solar Ventures Private Limited, First Solar Development LLC, First Solar Electric (California) Inc., First Solar Electric LLC, First Solar Energía Limitada, First Solar FE Holdings Pte. Ltd., First Solar GmbH, First Solar Holdings GmbH, First Solar Japan GK, First Solar Malaysia Sdn. Bhd., First Solar Manufacturing GmbH, First Solar Power India Private Limited, First Solar Vietnam Holdings Pte. Ltd., First Solar Vietnam Manufacturing Co Ltd, NextLight Renewable Power, Parque Solar Fotovoltaico Luz del Norte SpA, RayTracker, Solar Chile S.A., TetraSun Inc., and Turner Renewable Energy LLC.Read More How can I contact First Solar? First Solar's mailing address is 350 WEST WASHINGTON STREET SUITE 600, TEMPE AZ, 85281. The official website for the company is www.firstsolar.com. The solar cell manufacturer can be reached via phone at (602) 662-6899, via email at investor@firstsolar.com, or via fax at 602-414-9400. This page (NASDAQ:FSLR) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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