First Solar, Inc. Share Price Target ‘$228.23’, now 17.9% Upside Potential

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First Solar, Inc. with ticker code (FSLR) have now 28 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $356.00 and $157.56 calculating the mean target share price we have $228.23. (at the time of writing). Now with the previous closing price of $193.61 and the analysts are correct then there would likely be a percentage uptick in value of 17.9%. There is a 50 day moving average of $170.62 and the 200 moving average now moves to $164.29. The company has a market cap of 20.45B. The current stock price for Microsoft Corporation is currently $191.05 USD

The potential market cap would be $24,106,943,363 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 20.05, revenue per share of $33.36 and a 7.18% 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.

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