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. Since then, FSLR stock has increased by 55.9% and is now trading at $58.06. 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 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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) announced its quarterly earnings results on Thursday, May, 7th. The solar cell manufacturer reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.24 by $0.61. The solar cell manufacturer earned $532 million during the quarter, compared to the consensus estimate of $560.05 million. First Solar had a net margin of 1.42% and a return on equity of 6.13%. The business's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.64) EPS. View First Solar's earnings history.

14 brokerages 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 stock price to reach $56.00 in the next twelve months. This suggests that the stock has a possible downside of 3.5%. View analysts' price targets for First Solar.

Media stories about FSLR stock have been trending negative this week, InfoTrie reports. The research firm scores the sentiment of news coverage by analyzing 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 nearest to five being the most favorable. First Solar earned a news sentiment score of -2.3 on InfoTrie's scale. They also assigned media headlines about the solar cell manufacturer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about 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), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), Inphi (IPHI) and Silicon Laboratories (SLAB). 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 variety of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.42%), Robecosam AG (0.10%), Deane Retirement Strategies Inc. (0.02%) and Envestnet Asset Management Inc. (0.01%). 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 Robecosam AG, DNB Asset Management AS, Envestnet Asset Management Inc., and Deane Retirement Strategies Inc.. Company insiders that have sold First Solar company stock in the last year include Alexander R Bradley, Byron Michael Jeffers, Georges Antoun, Mark R Widmar, Philip Dejong, R Craig Kennedy, and Raffi Garabedian. 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 $58.06.

First Solar has a market capitalization of $6.15 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]