# First Solar, Inc. – Consensus ‘buy’ rating and 47.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-solar-inc.consensus-buy-rating-and-47.8-upside-potential/4121134898
- Published: 2023-12-01T13:36:03+00:00
- Author: Charlotte Edwards

**First Solar, Inc.** which can be found using ticker (FSLR) now have 24 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The target price High/Low ranges between $326.00 and $157.56 calculating the mean
target price we have $229.67. Now with the previous closing price of $155.43 this
would imply there is now a potential upside of 47.8%. Also worth taking note is 
the 50 day moving average now sits at $151.37 and the 200 moving average now moves
to $183.74. The company has a market capitalization of 16.86B. The current share
price for the company is: $157.78 USD

 The potential market cap would be $24,909,872,198 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 35.7, revenue per share of $29.63
and a 3.28% 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.

Share on: