First Solar, Inc. Share Price Target ‘$287.42’, now 32.6% Upside Potential

Broker Ratings
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First Solar, Inc. with ticker code (FSLR) have now 27 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $356.00 and $200.00 calculating the average target share price we see $287.42. (at the time of writing). Now with the previous closing price of $216.73 this now indicates there is a potential upside of 32.6%. The 50 day MA is $231.67 and the 200 moving average now moves to $175.30. The market cap for the company is 24.74B. The current stock price for Microsoft Corporation is currently $231.11 USD

The potential market cap would be $32,807,023,786 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 24.23, 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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