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 stock has increased by 159.4% and is now trading at $96.58.
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19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last twelve months. There are currently 6 sell ratings, 7 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" First Solar stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FSLR, but not buy additional shares or sell existing shares.
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First Solar is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
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First Solar, Inc. (NASDAQ:FSLR) released its earnings results on Tuesday, October, 27th. The solar cell manufacturer reported $1.45 earnings per share for the quarter, topping 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 net margin of 6.38% and a return on equity of 9.49%.
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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 estimate of $1.07. The company issued revenue guidance of $540-790 million, compared to the consensus revenue estimate of $861.29 million.

19 brokers have issued 1 year price targets for First Solar's shares. Their forecasts range from $51.00 to $135.00. On average, they anticipate First Solar's share price to reach $86.22 in the next year. This suggests that the stock has a possible downside of 10.7%.
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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), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), Cree (CREE), Silicon Laboratories (SLAB) and Lattice Semiconductor (LSCC).
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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 a variety of institutional and retail investors. Top institutional shareholders include Harrington Investments INC (0.01%), State of Alaska Department of Revenue (0.01%), Crossmark Global Holdings Inc. (0.01%), Cullinan Associates Inc. (0.01%), Tatro Capital LLC (0.01%) and Symphony Financial Ltd. Co. (0.00%). 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 Harrington Investments INC, State of Alaska Department of Revenue, and Cullinan Associates Inc.. 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.
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FSLR stock was bought by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., City Holding Co., Tatro Capital LLC, Symphony Financial Ltd. Co., and Boston Trust Walden Corp.
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Shares of FSLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FSLR stock can currently be purchased for approximately $96.58.

First Solar has a market capitalization of $10.24 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]