First Solar Stock Forecast, Price & News

First Solar's stock was trading at $37.23 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FSLR shares have increased by 139.8% and is now trading at $89.26.
View which stocks have been most impacted by COVID-19.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 5 sell ratings, 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for First Solar or view MarketBeat's top 5 stock picks.

Wall Street analysts have given First Solar a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but First Solar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

First Solar is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for First Solar.

First Solar, Inc. (NASDAQ:FSLR) released its earnings results on Tuesday, October, 27th. The solar cell manufacturer reported $1.45 EPS for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.85. The solar cell manufacturer had revenue of $927.57 million for the quarter, compared to the consensus estimate of $707.70 million. First Solar had a return on equity of 9.49% and a net margin of 6.38%.
View First Solar's earnings history.

First Solar updated its fourth quarter earnings guidance on Tuesday, October, 27th. The company provided EPS guidance of $1.00-1.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.07. The company issued revenue guidance of $540-790 million, compared to the consensus revenue estimate of $861.29 million.

16 brokerages have issued 1-year price targets for First Solar's shares. Their forecasts range from $51.00 to $125.00. On average, they anticipate First Solar's share price to reach $80.86 in the next year. This suggests that the stock has a possible downside of 9.4%.
View analysts' price targets for First Solar.

Some companies that are related to First Solar include NVIDIA (NVDA), Intel (INTC), 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), Cree (CREE), Inphi (IPHI) and Lattice Semiconductor (LSCC).
View all competitors.

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).

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

First Solar's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.92%), State Street Corp (2.08%), Caas Capital Management LP (0.94%), Lansdowne Partners UK LLP (0.84%), Polunin Capital Partners Ltd (0.83%) and Mirova (0.59%). Company insiders that own First Solar stock include Alexander R Bradley, Byron Michael Jeffers, Christopher Bueter, Georges Antoun, Lukas T Walton, 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 Captrust Financial Advisors, AQR Capital Management LLC, Ninety One UK Ltd, AXA S.A., DNB Asset Management AS, Morgan Stanley, Polunin Capital Partners Ltd, and Windsor Creek Advisors LLC. Company insiders that have sold First Solar company stock in the last year include Alexander R Bradley, Byron Michael Jeffers, Georges Antoun, Lukas T Walton, Mark R Widmar, Philip Dejong, R Craig Kennedy, and Raffi Garabedian.
View insider buying and selling activity for First Solar.

FSLR stock was acquired by a variety of institutional investors in the last quarter, including Caas Capital Management LP, BlackRock Inc., Lansdowne Partners UK LLP, Allianz Asset Management GmbH, Voloridge Investment Management LLC, Columbus Circle Investors, Zurcher Kantonalbank Zurich Cantonalbank, and JPMorgan Chase & Co..
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 $89.26.

First Solar has a market capitalization of $9.46 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]