First Solar, Inc. (NASDAQ:FSLR – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the thirty-five ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and twenty have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $247.1662.
A number of research analysts have issued reports on FSLR shares. Evercore decreased their price target on shares of First Solar from $241.00 to $212.00 in a report on Thursday, March 5th. Needham & Company LLC raised their price target on shares of First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Wells Fargo & Company decreased their price target on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a report on Thursday, February 26th. Raymond James Financial started coverage on shares of First Solar in a report on Monday, January 12th. They issued a “market perform” rating for the company. Finally, Susquehanna decreased their price target on shares of First Solar from $292.00 to $280.00 and set a “positive” rating for the company in a report on Wednesday, February 25th.
Get Our Latest Research Report on FSLR
Key Headlines Impacting First Solar
- Positive Sentiment: Company fundamentals: First Solar reported solid revenue growth and strong margins in its last quarterly report (year‑over‑year revenue up, net margin ~29%) — a reminder that the business still generates attractive cashflow and profitability despite recent headwinds.
- Neutral Sentiment: Project and market tailwinds: New utility-scale solar projects (e.g., Geronimo Power’s 117MW Dodson Creek project in PJM) support long‑term demand for solar modules and grid buildout, which is structurally positive for module manufacturers like First Solar. Geronimo Power begins operations at 117MW solar project in Ohio
- Neutral Sentiment: Investor research and screeners publishing mixed takes on FSLR’s valuation and outlook — some outlets ask whether FSLR is a buy now and summarize bearish theses; these pieces can keep volatility elevated but don’t alter fundamentals immediately. Is First Solar, Inc. (FSLR) A Good Stock To Buy Now? Is First Solar, Inc. (FSLR) A Good Stock To Buy Now?
- Negative Sentiment: Analyst price‑target cut: Jefferies lowered its FSLR price target to $187 (from $205) and kept a Hold rating, citing logistics/inflationary pressure that could compress near‑term margins — this is the most direct catalyst behind today’s selling pressure. First Solar Price Target Cut by Jefferies as Logistics Inflation Threatens Near-Term Margins
- Negative Sentiment: Market reaction coverage: Reports highlighting the stock’s decline and restating analyst concerns (logistics inflation, margin risk, and cautious ratings) amplify downside momentum as momentum and sentiment drive near‑term flows. First Solar (FSLR) Stock Sinks As Market Gains: Here’s Why
Insiders Place Their Bets
In other First Solar news, CEO Mark R. Widmar sold 7,738 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total value of $1,516,106.34. Following the completion of the transaction, the chief executive officer owned 91,787 shares of the company’s stock, valued at approximately $17,983,826.91. This trade represents a 7.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Kuntal Kumar Verma sold 3,426 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $671,256.18. Following the transaction, the insider directly owned 8,334 shares of the company’s stock, valued at approximately $1,632,880.62. This trade represents a 29.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 75,989 shares of company stock valued at $14,921,902. Corporate insiders own 0.48% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Aventura Private Wealth LLC purchased a new position in shares of First Solar during the fourth quarter worth $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar during the fourth quarter worth $26,000. Reflection Asset Management purchased a new position in shares of First Solar during the fourth quarter worth $26,000. Strategic Wealth Investment Group LLC purchased a new position in shares of First Solar during the second quarter worth $26,000. Finally, Larson Financial Group LLC raised its holdings in shares of First Solar by 117.0% during the fourth quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after purchasing an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.
First Solar Price Performance
Shares of FSLR opened at $192.31 on Wednesday. The company has a 50 day moving average of $210.11 and a two-hundred day moving average of $235.40. The company has a market cap of $20.64 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 0.35 and a beta of 1.61. First Solar has a twelve month low of $116.56 and a twelve month high of $285.99. The company has a quick ratio of 2.35, a current ratio of 2.67 and a debt-to-equity ratio of 0.03.
First Solar (NASDAQ:FSLR – Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.65 EPS. As a group, analysts predict that First Solar will post 13.05 earnings per share for the current fiscal year.
About First Solar
First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.
Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.
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