First Solar, Inc. Share Price Target ‘$289.71’, now 34.0% Upside Potential

Broker Ratings
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First Solar, Inc. which can be found using ticker (FSLR) have now 28 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $356.00 and $200.00 calculating the average target share price we see $289.71. (at the time of writing). Now with the previous closing price of $216.19 this would indicate that there is a potential upside of 34.0%. The 50 day moving average now sits at $243.51 and the 200 day moving average is $180.35. The market cap for the company is 24.27B. The stock price for Occidental Petroleum Corporation is $226.74 USD

The potential market cap would be $32,524,168,472 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 23.74, 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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