In the latest trading session,, 2.82 million First Solar Inc (NASDAQ:FSLR) shares changed hands as the company’s beta touched 1.60. With the company’s most recent per share price at $170.56 changed hands at -$7.9 or -4.43% at last look, the market valuation stands at $18.29B. FSLR’s current price is a discount, trading about -79.86% off its 52-week high of $306.77. The share price had its 52-week low at $116.56, which suggests the last value was 31.66% up since then.
Analysts gave the First Solar Inc (FSLR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.52. If we narrow down to specifics, the data shows that 2 out of 28 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended FSLR as a Hold, 24 felt it is a Buy and 0 rated the stock as Underweight.
First Solar Inc (NASDAQ:FSLR) trade information
Instantly FSLR was in red as seen in intraday trades today. With action 9.19%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -3.22%, with the 5-day performance at 9.19% in the green. However, in the 30-day time frame, First Solar Inc (NASDAQ:FSLR) is 33.27% up.
The consensus price target for the stock as assigned by Wall Street analysts is 234, meaning bulls need an upside of 27.11% from its recent market value. According to analyst projections, FSLR’s forecast low is 172.37 with 274 as the target high. To hit the forecast high, the stock’s price needs a -60.65% plunge from its current level, while the stock would need to soar -1.06% for it to hit the projected low.
The 2025 estimates are for First Solar Inc earnings to increase by 25.64%, but the outlook for the next 5-year period is at 31.53% per year.
FSLR Dividends
First Solar Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.5738% or 11.32 million shares worth $2.55 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 3.2 shares estimated at $545.96 million under it, the former controlled 2.98% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.70% of the shares, roughly 2.9 shares worth around $494.58 million.
