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

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

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

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for First Solar.

First Solar updated its FY 2020 After-Hours earnings guidance on Thursday, February, 20th. The company provided 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 equities research analysts have issued 12-month price targets for First Solar's shares. Their forecasts range from $39.00 to $82.00. On average, they anticipate First Solar's share price to reach $66.31 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View Analyst Price Targets for First Solar.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 2 sell ratings, 3 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Solar.

Media coverage about FSLR stock has trended negative on Thursday, according to InfoTrie. The research firm identifies negative and positive 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 negative five to five, with scores closest to five being the most favorable. First Solar earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories 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 effect 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 Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Marvell Technology Group (MRVL), 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), NVIDIA (NVDA), United Continental (UAL) and Alibaba Group (BABA).

First Solar's stock is owned by many different of institutional and retail investors. Top institutional investors include Artisan Partners Limited Partnership (3.03%), Bank of New York Mellon Corp (2.21%), State Street Corp (2.00%), Schroder Investment Management Group (0.95%), Amundi Pioneer Asset Management Inc. (0.91%) and Geode Capital Management LLC (0.88%). 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 Masters Capital Management LLC, Point72 Asset Management L.P., Brookfield Public Securities Group LLC, Bank of America Corp DE, Commerzbank Aktiengesellschaft FI, Prime Capital Investment Advisors LLC, Janus Henderson Group PLC and Artisan Partners Limited Partnership. 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 acquired by a variety of institutional investors in the last quarter, including Robecosam AG, Robecosam AG, FMR LLC, Assenagon Asset Management S.A., Schroder Investment Management Group, Captrust Financial Advisors, Amundi Pioneer Asset Management Inc. and DNB Asset Management AS. 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 $46.11.

First Solar has a market capitalization of $4.86 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 6,400 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]