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First Solar (FSLR)
NASDAQ:FSLR
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FSLR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$135.88 - $306.77
Previous Close$199.27
Volume3.84M
Average Volume (3M)2.80M
Market Cap
$21.33B
Enterprise Value$20.43B
Total Cash (Recent Filing)$1.48B
Total Debt (Recent Filing)$581.58M
Price to Earnings (P/E)17.2
Beta1.21
Next Earnings
Feb 20, 2025EPS Estimate
$4.82Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.61
Shares Outstanding107,057,732
10 Day Avg. Volume3,236,859
30 Day Avg. Volume2,796,939
Standard Deviation0.16
R-Squared0.22
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.61
Price to Sales (P/S)5.21
Price to Cash Flow (P/CF)-93.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.31
Enterprise Value/Gross Profit15.71
Enterprise Value/Ebitda14.01
Forecast
1Y Price Target
$278.95Price Target Upside34.16% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering23
First Solar News
Bulls Say, Bears Say
Bulls Say
Demand And Pricing PowerFSLR's 73.3GW contracted backlog speaks to a strong level of demand, allowing them to be selective in securing new bookings at healthy ASPs.
Earnings PotentialThe reallocation of capacity from India to the US market is expected to be margin accretive, providing a margin upside despite incremental shipping costs.
Strategic PositioningFSLR's capacity expansion, with over 14GW in U.S. capacity and 25GW globally by 2026, strategically positions them to capitalize on favorable U.S. policies – irrelevant of the election outcome.
Bears Say
Competitive PressureCrystalline silicon competitors are likely to start building more U.S. factories due to better economics, which is negative for First Solar.
Operational ChallengesFSLR faced a series of disruptions, including hurricanes, IT outages, and a strike, which collectively hampered logistics and production throughout the quarter.
Regulatory UncertaintyIt is unclear if First Solar can receive benefits from the 48D incentives, as its technology does not fit the narrow definition set by the act.
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Ownership Overview
0.43% Insiders
21.32% Mutual Funds
18.84% Other Institutional Investors
31.83% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FSLR FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was $135.88 and its highest was $306.77 in the past 12 months.
What is First Solar’s market cap?
Currently, no data Available
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Feb 20, 2025 which is in 79 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Oct 29, 2024. The company reported $2.91 earnings per share for the quarter, missing the consensus estimate of $3.153 by -$0.243.
Is First Solar overvalued?
According to Wall Street analysts First Solar’s price is currently Undervalued.
Does First Solar pay dividends?
First Solar does not currently pay dividends.
What is First Solar’s EPS estimate?
First Solar’s EPS estimate is $4.82.
How many shares outstanding does First Solar have?
First Solar has 107,057,730 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of $2.91 in its last earnings report, missing expectations of $3.153. Following the earnings report the stock price went down -1.087%.
Which hedge fund is a major shareholder of First Solar?
Among the largest hedge funds holding First Solar’s share is Egerton Capital (UK) LLP. It holds First Solar’s shares valued at 87M.
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First Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$278.95 (34.16% Upside)
$278.95 (34.16% Upside)
Blogger Sentiment
Bullish
FSLR Sentiment 95%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 235.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.5%
Last 30 Days ▼ 4.5%
Last 30 Days ▼ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
28.20%
12-Months-Change
Fundamentals
Return on Equity
17.96%
Trailing 12-Months
Asset Growth
19.35%
Trailing 12-Months
Company Description
First Solar
First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
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FSLR Company Deck
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FSLR Earnings Call
Q3 2024
0:00 / 0:00
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FSLR Net sales Breakdown
99.34% Modules
0.66% Other
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FSLR Stock 12 Month Forecast
Average Price Target
$278.95
▲(34.16% Upside)
Technical Analysis
Best Analysts Covering FSLR
1 Year
1 Year Success Rate
13/16 ratings generated profit
1 Year Average Return
+37.47%
assigned a buy rating 11 days ago
Copying Kashy Harrison's trades and holding each position for 1 Year would result in 81.25% of your transactions generating a profit, with an average return of +37.47% per trade.
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