The stock of First Solar Inc (NASDAQ:FSLR) last traded at $170.52, up 4.64% from the previous session.
FSLR stock price is now 10.68% away from the 50-day moving average and -1.20% away from the 200-day moving average. The market capitalization of the company currently stands at $18.29B.
With the price target enhanced from $188 to $200, RBC Capital Mkts maintained Outperform rating for First Solar Inc (NASDAQ: FSLR). On June 11, 2025, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock keeping its target price maintained at $192, while ‘Wolfe Research’ rates the stock as ‘Outperform’
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 $1.02 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 $1.94 million. A total of 5.46% 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 $262.72. 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.
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.
