First Solar Inc (NASDAQ:FSLR) has a beta value of 1.51 and has seen 20.17 million shares traded in the last trading session. The company, currently valued at $20.55B, closed the last trade at $191.60 per share which meant it gained $35.39 on the day or 22.66% during that session. The FSLR stock price is -60.11% off its 52-week high price of $306.77 and 39.16% above the 52-week low of $116.56.
The consensus among analysts is that First Solar Inc (FSLR) is Buy stock at the moment, with a recommendation rating of 1.52. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 28 have rated it as a Hold, with 24 advising it as a Buy. 0 have rated the stock as Underweight.
First Solar Inc (NASDAQ:FSLR) trade information
Sporting 22.66% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FSLR stock price touched $191.60 or saw a rise of 1.96%. Year-to-date, First Solar Inc shares have moved 8.72%, while the 5-day performance has seen it change 51.15%. Over the past 30 days, the shares of First Solar Inc (NASDAQ:FSLR) have changed 52.15%.
Wall Street analysts have a consensus price target for the stock at $223, which means that the shares’ value could jump 14.08% from current levels. The projected low price target is $172.37 while the price target rests at a high of $274.0. In that case, then, we find that the current price level is -43.01% off the targeted high while a plunge would see the stock lose 10.04% from current levels.
First Solar Inc (FSLR) estimates and forecasts
The company’s shares have lost -2.59% over the past 6 months.
Earnings growth for 2025 is a modest 26.79% while over the next 5 years, the company’s earnings are expected to increase by 31.59%.
FSLR Dividends
First Solar Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
First Solar Inc (NASDAQ:FSLR)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 12.49 million shares worth more than $2.82 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.6719% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 11.32 million shares as of 2024-06-30. The firm’s total holdings are worth over $2.55 billion and represent 10.5738% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Dec 31, 2024 , the former fund manager holds about 2.98% shares in the company for having 3.2 shares of worth $612.95 million while later fund manager owns 2.9 shares of worth $555.27 million as of Dec 31, 2024 , which makes it owner of about 2.70% of company’s outstanding stock.
