NASDAQ:FSLRFirst Solar Stock Price, Forecast & News

First Solar's stock was trading at $37.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, FSLR shares have increased by 25.2% and is now trading at $46.62. View which stocks have been most 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, 5 hold ratings and 8 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, August 6th 2020. View our earnings forecast for First Solar.

First Solar, Inc. (NASDAQ:FSLR) released its quarterly earnings data on Thursday, May, 7th. The solar cell manufacturer reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.24 by $0.61. The solar cell manufacturer had revenue of $532 million for the quarter, compared to the consensus estimate of $560.05 million. First Solar had a return on equity of 6.13% and a net margin of 1.42%. The business's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.64) earnings per share. View First Solar's earnings history.

14 analysts have issued 12 month price targets for First Solar's shares. Their forecasts range from $37.00 to $76.00. On average, they anticipate First Solar's share price to reach $56.23 in the next year. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for First Solar.

Press coverage about FSLR stock has been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Solar earned a news sentiment score of -3.7 on InfoTrie's scale. They also gave news headlines 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 immediate future. View the latest news aboutFirst 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), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Inphi (IPHI) and Cree (CREE). View all competitors.

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), NVIDIA (NVDA), Alibaba Group (BABA) and Netflix (NFLX).

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

First Solar's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.79%), Wellington Management Group LLP (4.68%), Invesco Ltd. (3.10%), Bank of New York Mellon Corp (2.26%), State Street Corp (2.00%) and Geode Capital Management LLC (0.99%). Company insiders that own First Solar stock 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 institutional ownership trends for First Solar.

FSLR stock was sold by a variety of institutional investors in the last quarter, including Pictet Asset Management Ltd., Luminus Management LLC, State of Michigan Retirement System, Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, Calamos Advisors LLC, New York State Common Retirement Fund, and Schroder Investment Management 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, Philip Dejong, R Craig Kennedy, and Raffi Garabedian. View insider buying and selling activity for First Solar.

FSLR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Invesco Ltd., Wellington Management Group LLP, Franklin Resources Inc., Waddell & Reed Financial Inc., Robecosam AG, Geode Capital Management LLC, and AQR Capital Management LLC. View insider buying and selling activity 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 $46.62.

First Solar has a market capitalization of $4.94 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.

The official website for First Solar is 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]