First Solar, Inc. with ticker code (FSLR) now have 28 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $368.00 and $200.00 with the average target price sitting at $293.51. Given that the stocks previous close was at $249.28 this now indicates there is a potential upside of 17.7%. It’s also worth noting that there is a 50 day moving average of $223.09 and the 200 moving average now moves to $195.51. The total market capitalization for the company now stands at 26.20B. The stock price is currently at: $244.73 USD
The potential market cap would be $30,845,881,169 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 21.83, revenue per share of $35.21 and a 7.99% return on assets.
First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The Company’s products include the Series 7 Module and Series 6 Module. The Company has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd. and First Solar Malaysia Sdn. Bhd.
