First SolarFSLR
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 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more repeat investments, than reductions
Existing positions increased: 349 | Existing positions reduced: 273
21% more funds holding in top 10
Funds holding in top 10: 19 [Q2] → 23 (+4) [Q3]
7% more capital invested
Capital invested by funds: $20.7B [Q2] → $22.2B (+$1.48B) [Q3]
1% more funds holding
Funds holding: 890 [Q2] → 899 (+9) [Q3]
8% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 114
2.2% less ownership
Funds ownership: 85.72% [Q2] → 83.52% (-2.2%) [Q3]
27% less call options, than puts
Call options by funds: $4.59B | Put options by funds: $6.3B
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Baird Ben Kallo 53% 1-year accuracy 21 / 40 met price target | 46%upside $267 | Outperform Maintained | 18 Dec 2024 |
Piper Sandler Kashy Harrison 39% 1-year accuracy 16 / 41 met price target | 37%upside $250 | Overweight Maintained | 2 Dec 2024 |
Barclays Christine Cho 50% 1-year accuracy 23 / 46 met price target | 51%upside $275 | Overweight Maintained | 13 Nov 2024 |
Mizuho Maheep Mandloi 27% 1-year accuracy 7 / 26 met price target | 41%upside $257 | Neutral Maintained | 31 Oct 2024 |
Guggenheim Joseph Osha 31% 1-year accuracy 11 / 35 met price target | 84%upside $335 | Buy Maintained | 30 Oct 2024 |
Financial journalist opinion
Based on 20 articles about FSLR published over the past 30 days