While First Solar Inc has overperformed by 0.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FSLR fell by -16.32%, with highs and lows ranging from $306.77 to $124.96, whereas the simple moving average fell by -37.35% in the last 200 days.
On March 03, 2025, Redburn Atlantic started tracking First Solar Inc (NASDAQ: FSLR) recommending Neutral. A report published by Mizuho on February 11, 2025, Upgraded its rating to ‘Outperform’ for FSLR. Seaport Research Partners also Upgraded FSLR shares as ‘Buy’, setting a target price of $274 on the company’s shares in a report dated January 16, 2025. Janney October 29, 2024d its ‘Neutral’ rating to ‘Buy’ for FSLR, as published in its report on October 29, 2024. Citigroup’s report from October 22, 2024 suggests a price prediction of $254 for FSLR shares, giving the stock a ‘Buy’ rating. Truist also rated the stock as ‘Buy’.
Analysis of First Solar Inc (FSLR)
Further, the quarter-over-quarter increase in sales is 30.68%, showing a positive trend in the upcoming months.
In order to gain a clear picture of First Solar Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 17.62% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.93, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 2.46M can be a very valuable indicator of volatility for FSLR stock. On a monthly basis, the volatility of the stock is set at 5.10%, whereas on a weekly basis, it is put at 5.82%, with a loss of -7.12% over the past seven days. Furthermore, long-term investors anticipate a median target price of $245.39, showing growth from the present price of $131.13, which can serve as yet another indication of whether FSLR is worth investing in or should be passed over.
How Do You Analyze First Solar Inc Shares?
The USA based company First Solar Inc (FSLR) is one of the biggest names in Solar. When comparing First Solar Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 10.91, there is a growth in quarterly earnings of 12.53%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 6.97%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.77% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FSLR shares are owned by institutional investors to the tune of 90.77% at present.
