FSLR:Will First Solar continue to soar?
About First Solar
First Solar, Inc. is an American company which manufacturers solar panels and offers utility-scale PV power plants as well as related services like financing, building, upkeep, and recycling of used panels. For its solar panels, First Solar uses stiff thin-film modules and creates CdTe panels using cadmium telluride (CdTe) as a semiconductor. Inventor Harold McMaster established the business in 1990 as Solar Cells, Inc., and with JD Polk in 1993 as the Florida Corporation. When True North Partners, LLC bought it in 1999, they changed the company’s name to First Solar, Inc.
You want to have a closer loot at First Solar?
Read more on FSLR’s Investor Relations.
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More information about sustainable and impact investing can be found in our Education area on norvestio.com
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Will FSLR continue its upward trend?
According to TradingView, 15 analysts rate First Solar shares as a “strong buy,” compared to two analysts who rate FSLR as a “buy.” Eleven experts recommend retaining the company’s stock, but none at this time would advise selling FSLR. Additionally, the current minimum expectation for the stock is USD 137.00. The current highest estimate for the stock is USD 233, while the average estimate is USD 179.86. Currently, the cost of the FSLR stock is at USD 178.00. First Solar’s stock has consistently traded in an upward channel since its earnings on July 28, 2022.
The predicted EPS for Q4-2022 may increase by 0.31 to -0.15 from the reported EPS -0.46 in the previous quarter. Analysts predict that the EPS will however decrease annually by 5.12 from reported 4.38 in 2021 to an estimated -0.74 before increasing again in 2023 to 5.10.
According to predictions, FSLR’s revenue may have decreased by 10.28% from the reported 2.92B (2021) to 2.62B in 2022. Nevertheless, due to the ongoing high demand for solar panels and PV power plants, the outlook for First Solar’s revenue looks positive and could increase to approximately 5.50B in 2025.
First Solar may have a promising future if those forecasts come true.
First Solar, Inc. is an American company which manufacturers solar panels and offers utility-scale PV power plants as well as related services like financing, building, upkeep, and recycling of used panels. For its solar panels, First Solar uses stiff thin-film modules and creates CdTe panels using cadmium telluride (CdTe) as a semiconductor. Inventor Harold McMaster established the business in 1990 as Solar Cells, Inc., and with JD Polk in 1993 as the Florida Corporation. When True North Partners, LLC bought it in 1999, they changed the company’s name to First Solar, Inc.
You want to have a closer loot at First Solar?
Read more on FSLR’s Investor Relations.
---
More information about sustainable and impact investing can be found in our Education area on norvestio.com
---
Will FSLR continue its upward trend?
According to TradingView, 15 analysts rate First Solar shares as a “strong buy,” compared to two analysts who rate FSLR as a “buy.” Eleven experts recommend retaining the company’s stock, but none at this time would advise selling FSLR. Additionally, the current minimum expectation for the stock is USD 137.00. The current highest estimate for the stock is USD 233, while the average estimate is USD 179.86. Currently, the cost of the FSLR stock is at USD 178.00. First Solar’s stock has consistently traded in an upward channel since its earnings on July 28, 2022.
The predicted EPS for Q4-2022 may increase by 0.31 to -0.15 from the reported EPS -0.46 in the previous quarter. Analysts predict that the EPS will however decrease annually by 5.12 from reported 4.38 in 2021 to an estimated -0.74 before increasing again in 2023 to 5.10.
According to predictions, FSLR’s revenue may have decreased by 10.28% from the reported 2.92B (2021) to 2.62B in 2022. Nevertheless, due to the ongoing high demand for solar panels and PV power plants, the outlook for First Solar’s revenue looks positive and could increase to approximately 5.50B in 2025.
First Solar may have a promising future if those forecasts come true.
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