# First Solar, Inc. – Consensus ‘buy’ rating and 57.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-solar-inc.consensus-buy-rating-and-57.1-upside-potential/4121133040
- Published: 2023-11-16T14:53:55+00:00
- Author: Charlotte Edwards

**First Solar, Inc.** which can be found using ticker (FSLR) now have 23 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $326.00 and $157.56 calculating the average
target price we see $234.27. Given that the stocks previous close was at $149.14
this would indicate that there is a potential upside of 57.1%. The 50 day moving
average now sits at $155.11 and the 200 moving average now moves to $184.30. The
market capitalization for the company is 16.29B. The stock price is currently at:
$152.42 USD

 The potential market cap would be $25,580,830,213 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 34.48, 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.

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