# First Solar, Inc. – Consensus ‘buy’ rating and 64.6% Upside Potential

- Link: https://www.directorstalkinterviews.com/first-solar-inc.consensus-buy-rating-and-64.6-upside-potential/4121132400
- Published: 2023-11-09T14:00:07+00:00
- Author: Charlotte Edwards

**First Solar, Inc.** which can be found using ticker (FSLR) now have 23 market 
analysts covering the stock. The analyst consensus now points to a rating of ‘buy’.
The range between the high target price and low target price is between $330.00 
and $157.56 suggesting an average Analsyt target price of $237.57. Given that the
stocks previous close was at $144.33 this would imply there is now a potential upside
of 64.6%. The day 50 moving average is $159.66 and the 200 moving average now moves
to $185.15. The market cap for the company is 14.73B. The current share price for
the company is: $137.83 USD

 The potential market cap would be $24,239,792,121 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 31.18, 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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