First SolarFSLR
Market Cap: $22.3B
About: First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Employees: 6,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
138% more first-time investments, than exits
New positions opened: 195 | Existing positions closed: 82
58% more funds holding in top 10
Funds holding in top 10: 12 [Q1] → 19 (+7) [Q2]
30% more capital invested
Capital invested by funds: $15.6B [Q1] → $20.3B (+$4.71B) [Q2]
15% more funds holding
Funds holding: 770 [Q1] → 883 (+113) [Q2]
2.34% less ownership
Funds ownership: 86.39% [Q1] → 84.05% (-2.34%) [Q2]
16% less repeat investments, than reductions
Existing positions increased: 263 | Existing positions reduced: 312
27% less call options, than puts
Call options by funds: $4.24B | Put options by funds: $5.82B
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
Barclays Christine Cho 62% 1-year accuracy 23 / 37 met price target | 39%upside $290 | Overweight Maintained | 2 Aug 2024 |
UBS Jon Windham 40% 1-year accuracy 8 / 20 met price target | 73%upside $360 | Buy Maintained | 31 Jul 2024 |
BMO Capital Ameet Thakkar 56% 1-year accuracy 5 / 9 met price target | 37%upside $286 | Outperform Maintained | 31 Jul 2024 |
RBC Capital Chris Dendrinos 42% 1-year accuracy 8 / 19 met price target | 51%upside $315 | Outperform Reiterated | 31 Jul 2024 |
Oppenheimer Colin Rusch 33% 1-year accuracy 12 / 36 met price target | 56%upside $326 | Outperform Maintained | 31 Jul 2024 |
Financial journalist opinion
Based on 15 articles about FSLR published over the past 30 days