Analyst Ratings for First Solar Inc. (FSLR)

Updated: 2017-07-28

An average rating of Overweight has been given to First Solar Inc. (NASDAQ:FSLR) by analysts covering the stock. About 30 days ago, FSLR was issued an average rating of Overweight.

7 analysts declared FSLR a buy, 1 gave an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. Meanwhile, the number of analysts pessimistic about the company has decreased by 3.

A number of analysts gave price targets for FSLR. The most optimistic price target was 54, implying potential capital gains of 20.51 percent. The minimum price target given was 32, implying potential capital losses of -28.59 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates upwards for this quarter, by about 137.5 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 84.29 percent. Meanwhile, fiscal year estimates have been revised upwards by 7.79 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 76.67 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

FSLR has a 52-week high of 49.50 and a 52-week low of 25.56. The current market price is above the trailing year's low by 75.31 percent, and 9.47 percent below the high. FSLR has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The FSLR value stock report compares FSLR to some of its peers using value stock charts. The market cap of FSLR is $4.74 billion. FSLR will post this quarters earnings in days, on 0000-00-00.