First Solar, Inc. which can be found using ticker (FSLR) now have 28 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $368.00 and $200.00 calculating the mean target price we have $292.22. Given that the stocks previous close was at $235.42 this now indicates there is a potential upside of 24.1%. Also worth taking note is the 50 day moving average now sits at $227.08 while the 200 day moving average is $188.25. The total market capitalization for the company now stands at 25.07B. Currently the stock stands at: $234.20 USD
The potential market cap would be $31,119,168,007 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 20.89, 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.
