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

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

First Solar, Inc. (NASDAQ:FSLR) posted its earnings results on Thursday, October, 24th. The solar cell manufacturer reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.77. The solar cell manufacturer had revenue of $547 million for the quarter, compared to the consensus estimate of $995.41 million. First Solar had a negative return on equity of 0.07% and a negative net margin of 0.14%. The business's revenue was down 19.1% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. View First Solar's Earnings History.

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for First Solar.

12 equities research analysts have issued twelve-month price targets for First Solar's shares. Their forecasts range from $49.00 to $83.00. On average, they expect First Solar's share price to reach $70.00 in the next year. This suggests a possible upside of 37.9% from the stock's current price. View Analyst Price Targets for First Solar.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Solar.

Media coverage about FSLR stock has been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. First Solar earned a news impact score of -1.0 on InfoTrie's scale. They also gave news stories about the solar cell manufacturer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. 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), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Cypress Semiconductor (CY), Monolithic Power Systems (MPWR), Cree (CREE) and Silicon Laboratories (SLAB).

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), United Continental (UAL), NVIDIA (NVDA) and Alibaba Group (BABA).

First Solar's stock is owned by a variety of of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.51%), Zurcher Kantonalbank Zurich Cantonalbank (0.41%), Calamos Advisors LLC (0.40%), State of Michigan Retirement System (0.39%), Assenagon Asset Management S.A. (0.26%) and California Public Employees Retirement System (0.17%). 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 Commerzbank Aktiengesellschaft FI, Deane Retirement Strategies Inc., CENTRAL TRUST Co, California Public Employees Retirement System, Arizona State Retirement System, Sciencast Management LP, CenturyLink Investment Management Co and IFP Advisors Inc. 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 bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., DNB Asset Management AS, Zurcher Kantonalbank Zurich Cantonalbank, SFE Investment Counsel, New York State Teachers Retirement System, Strs Ohio, Virginia Retirement Systems ET AL and Boenning & Scattergood Inc.. 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 $50.77.

First Solar has a market capitalization of $5.35 billion and generates $2.24 billion in revenue each year. The solar cell manufacturer earns $144.33 million in net income (profit) each year or $1.36 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]