First Solar, Inc. (FSLR)
| Market Cap | 18.41B |
| Revenue (ttm) | 3.16B |
| Net Income (ttm) | 473.99M |
| Shares Out | 106.84M |
| EPS (ttm) | 4.42 |
| PE Ratio | 38.98 |
| Forward PE | 13.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,079,219 |
| Open | 173.45 |
| Previous Close | 173.22 |
| Day's Range | 171.10 - 173.95 |
| 52-Week Range | 129.22 - 232.00 |
| Beta | 1.40 |
| Analysts | Buy |
| Price Target | 233.82 (+35.72%) |
| Earnings Date | Feb 27, 2024 |
About FSLR
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. wa... [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 28 analysts, the average rating for FSLR stock is "Buy." The 12-month stock price forecast is $233.82, which is an increase of 35.72% from the latest price.
News
First Solar to sell up to $700 million in IRA tax credits to Fiserv
Solar panel manufacturer First Solar said on Wednesday it plans to sell up to $700 million in tax credits it accumulated through the sale of photovoltaic (PV) solar modules this year to payments firm ...
First Solar Signs Agreements for Sale of up to $700 Million in 2023 IRA Advanced Manufacturing Production Tax Credits
TEMPE, Ariz.--(BUSINESS WIRE)-- #AmericanSolar--First Solar, Inc. (Nasdaq: FSLR) today announced that it entered into two separate Tax Credit Transfer Agreements (TCTAs) on December 22, 2023, to sell ...
Final Trades: PBR, DELL, FSLR & CRSP
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Midday Movers: Solar Stocks Surge After Analyst Comments, Costco Climbs on Earnings Beat
U.S. equities were slightly higher at midday as tech and solar stocks surged following indications from the Fed that it will cut interest rates next year. The Dow, S&P 500, and Nasdaq were all in the ...
Jefferies initiates coverage on solar energy stocks
Higher interest rates have been a headwind for many sectors, including solar energy. As the Federal Reserve may pivot to rate cuts next year, hope is on the horizon for the renewable energy sector.
Jefferies starts First Solar, Enphase stocks at buy ratings
Analysts at Jefferies late Thursday announced the start of their alternative-energy stock coverage, bestowing upon First Solar Inc. FSLR, +7.98%, Enphase Energy Inc. ENPH, +11.72%, and SunRun Inc. RUN...
Morgan Stanley sees a 65% upside in First Solar stock
First Solar Inc (NASDAQ: FSLR) has been in a downtrend over the past seven months but a Morgan Stanley analyst is convinced that the worst is now in the rearview mirror.
First Solar's ‘competitive moat' leads to an upgrade at Morgan Stanley
First Solar Inc. is resilient enough to withstand the headwinds hitting alternative-energy stocks, and the stock is at an attractive risk-reward point after a 20% selloff in the last three months.
Give up the OPEC fight with these 3 stocks, Buffett-certified
When was the last time you saw a VIX below 13.0%? Most seasoned investors would tell you that this could be considered a once-in-a-cycle unicorn moment, and while the bears are focusing on reasons why...
Down 30% From Highs Seen In May 2023, Where Is First Solar Stock Headed?
The recent pullback mirrors a broader slowdown in renewable energy stocks amid rising interest rates, which have made project financing more expensive.
Should you buy First Solar after double-digit gains and analysts' “buy” rating?
First Solar Inc. (NASDAQ:FSLR) is up 11.43% today, but analysts at Roth MKM expect the value to hit $230. The stock trades at $149, representing a 54% upside potential.
Clean-Energy Stocks Have Collapsed. What Comes Next.
Stocks related to wind, solar and other forms of renewable energy have fallen by a third this year. Only a handful may be ready to rebound.
Earnings-season winners: 20 companies that have grown sales while improving profit margins
Earnings season is a time when investors like to see a “beat and raise” pattern. That is, companies report sales and earnings that surprise the market by coming in ahead of analysts' estimates.
3 Buys and a bail: Qualcomm, Charles Schwab, First Solar & Target
Delano Saporu, New Street Advisors CEO, joins 'The Exchange' to share three buys and a bail, including Qualcomm, Charles Schwab, First Solar and Target.
Renewable energy stocks face pressure despite surge in installations
Shares of wind and solar companies continue their slide lower as interest rates stay higher for longer and rising costs stall new projects. Yahoo Finance's Ines Ferre reports on oversupply and how thi...
First Solar CEO: Reshoring is going extremely well
First Solar CEO Mark Widmar joins 'Squawk on the Street' to discuss his read on solar companies, the efforts to reshore solar appliances and electric vehicles in the U.S., and more.
First Solar, an affordable, high-quality green investment
First Solar NASDAQ: FSLR shares are down significantly from the peak set earlier this year, but the odds are high that the peak will be retested and surpassed in 2024. The company has established itse...
American Solar: Swift Current Energy Extends First Solar Relationship with 500 MW Order
TEMPE, Ariz.--(BUSINESS WIRE)-- #AmericanSolar--First Solar, Inc. (NASDAQ: FSLR) announced an agreement to supply Swift Current Energy with 500 megawatts (MW) of advanced Series 7 thin film modules. S...
This Megatrend Will Dominate In 2024 (And These 2 Dividends Will Soar)
Look, this deglobalization trend is hitting high gear—and if you miss your chance to tap it for surging dividend payouts, you will regret it down the road.
First Solar, Inc. Announces Third Quarter 2023 Financial Results
TEMPE, Ariz.--(BUSINESS WIRE)--First Solar, Inc. (Nasdaq: FSLR) (the “Company”) today announced financial results for the third quarter ended September 30, 2023. Net sales for the third quarter were $...
First Solar, Inc. to Announce Third Quarter 2023 Financial Results on October 31, 2023
TEMPE, Ariz.--(BUSINESS WIRE)-- #AmericanSolar--First Solar, Inc. (NASDAQ: FSLR) (the “Company”) will report financial results for the third quarter ended September 30, 2023, after the market closes o...
First Solar stock boost by Barclays upgrade and ‘Solar Uncommon Dialog' pact to boost large-scale projects
First Solar Inc.'s FSLR, +1.18% stock was up by 0.6% on Thursday on the heels of an upgrade to overweight from equal weight at Barclays, as well as the signing of a pact by industry and environmental ...
Toledo Solar and First Solar settle lawsuit for undisclosed amount
Toledo Solar said on Wednesday it had reached a mutually agreeable settlement with First Solar on the company's lawsuit against it, with the terms of the settlement remaining confidential.