Stocks of First Solar Inc (NASDAQ:FSLR) traded higher last session on Wall Street, down -0.16% to $143.67.
FSLR stock price is now -3.37% away from the 50-day moving average and -18.10% away from the 200-day moving average. The market capitalization of the company currently stands at $15.41B.
With the price target maintained at $192, Jefferies recently Upgraded its rating from Hold to Buy for First Solar Inc (NASDAQ: FSLR). On May 13, 2025, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $221, while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, Buehler Patrick James, Chief Product Officer sold 1,868 shares of the company’s stock on Jun 03 ’25. The stock was sold for $278,481 at an average price of $149.08. Upon completion of the transaction, the Chief Product Officer now directly owns 5,998 shares in the company, valued at $0.86 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 02 ’25, Chief Supply Chain Officer Koralewski Michael sold 2,951 shares of the business’s stock. A total of $466,878 was realized by selling the stock at an average price of $158.21. This leaves the insider owning 11,369 shares of the company worth $1.63 million. A total of 5.55% of the company’s stock is owned by insiders.
During the past 12 months, First Solar Inc has had a low of $116.56 and a high of $268.12. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.93, and a quick ratio of 1.39. According to the stock market information, the enterprise value for the company is $15147446272, which is based on a 12.21 price-to-earnings ratio, a 0.39 price-to-earnings-growth ratio, and a beta of 1.53. The fifty day moving average price for FSLR is $148.684 and a two-hundred day moving average price translates $175.42685 for the stock.
The latest earnings results from First Solar Inc (NASDAQ: FSLR) was released for 2025-03-31. The net profit margin was 29.72% and return on equity was 16.77% for FSLR. The company reported revenue of $844.57 million for the quarter, compared to $794.11 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.35 percent.
