During the recent session, First Solar Inc (NASDAQ:FSLR)’s traded shares were 0.68 million, with the beta value of the company hitting 1.48. At the last check today, the stock’s price was $136.71, reflecting an intraday gain of 4.26% or $5.58. The 52-week high for the FSLR share is $306.77, that puts it down -124.39 from that peak though still a striking 8.59% gain since the share price plummeted to a 52-week low of $124.96. The company’s market capitalization is $14.64B, and the average trade volume was 2.46 million shares over the past three months.

First Solar Inc (FSLR) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.39. FSLR has a Sell rating from 2 analyst(s) out of 28 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 24 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 2.51.

First Solar Inc (NASDAQ:FSLR) trade information

First Solar Inc (FSLR) registered a 4.26% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.26% in intraday trading to $136.71, hitting a weekly high. The stock’s 5-day price performance is 0.39%, and it has moved by -15.80% in 30 days. Based on these gigs, the overall price performance for the year is -14.05%.

The consensus price target of analysts on Wall Street is $265, which implies an increase of 48.41% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $210 and $300 respectively. As a result, FSLR is trading at a discount of -119.44% off the target high and -53.61% off the low.

First Solar Inc (FSLR) estimates and forecasts

In the rating firms’ projections, revenue will increase 31.05% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 860.92M as predicted by 22 analyst(s). Meanwhile, a consensus of 20 analyst(s) estimates revenue growth to 1.3B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 794.11M and 1.01B respectively. In this case, analysts expect current quarter sales to grow by 8.41% and then jump by 28.62% in the coming quarter.

While earnings are projected to return 54.81% in 2025, the next five years will return 34.55% per annum.

FSLR Dividends

First Solar Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

First Solar Inc (NASDAQ:FSLR)’s Major holders

The next largest institutional holding, with 11.32 million shares, is of BLACKROCK INC.’s that is approximately 10.5869% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.55 billion.

Also, the Mutual Funds coming in first place with the largest holdings of First Solar Inc (FSLR) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 3.23 shares. This amounts to just over 3.01 percent of the company’s overall shares, with a $442.75 million market value. The same data shows that the other fund manager holds slightly less at 2.9, or about 2.71% of the stock, which is worth about $397.73 million.