# First Solar, Inc. – Consensus ‘buy’ rating and 15.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-solar-inc.consensus-buy-rating-and-15.6-upside-potential/4121163289
- Published: 2024-07-01T14:07:23+01:00
- Author: Charlotte Edwards

**First Solar, Inc.** which can be found using ticker (FSLR) have now 27 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $356.00 and $200.00 calculating the mean
target price we have $288.79. Given that the stocks previous close was at $249.92
this would imply there is now a potential upside of 15.6%. The 50 day moving average
now sits at $228.78 and the 200 day MA is $174.55. The market cap for the company
is 24.13B. The current share price for the company is: $225.46 USD

 The potential market cap would be $27,886,936,168 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 23.66, revenue per share of $33.36
and a 7.18% return on assets.

First Solar, Inc. is a solar technology company and global provider of photovoltaic
cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules
with a semiconductor technology, which provides an alternative to conventional crystalline
silicon PV solar modules. The Company operates through two segments: Modules Business
and Other. Its Modules Business segment is involved in the designing, manufacturing,
and selling of CdTe solar modules, which convert sunlight into electricity. Third-
party customers of the modules business segment include developers and operators
of systems, utilities, independent power producers, commercial and industrial companies,
and other system owners. The Company’s products include the Series 7 Module and 
Series 6 Module. The Company has its manufacturing locations in Malaysia, the United
States and Vietnam. Its subsidiaries include First Solar Development, LLC, First
Solar FE Holdings Pte. Ltd. and First Solar Malaysia Sdn. Bhd.

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