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.

FSLR was given price targets by several analysts. The highest price target was 54, implying potential capital gains of 20.51 percent. The minimum price target given was 32, implying a possible loss 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.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 137.5 percent. That number becomes 84.29 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 7.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 76.67 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

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 price/earnings 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 stock has a market capitalization of $4.74 billion. FSLR will post this quarters earnings in days, on 0000-00-00.