# First Solar, Inc. – Consensus ‘buy’ rating and 37.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-solar-inc.consensus-buy-rating-and-37.1-upside-potential/4121126353
- Published: 2023-08-30T12:54:58+01:00
- Author: Charlotte Edwards

**First Solar, Inc.** with ticker code (FSLR) now have 23 confirmed analysts covering
the stock with the consensus suggesting a rating of ‘buy’. The target price High/
Low ranges between 332 and 157.56 with the average target price sitting at $242.29.
Given that the stocks previous close was at $176.76 and the analysts are correct
then we can expect a percentage increase in value of 37.1%. The day 50 moving average
is $191.99 and the 200 day MA is $185.55. The company has a market cap of 19.40B.
The stock price is currently at: 181.61 USD

 The potential market cap would be $26,594,299,920 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 120.27, revenue per share of 28.03
and a 0.77% 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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