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]
19% more first-time investments, than exits
New positions opened: 123 | Existing positions closed: 103
8% more capital invested
Capital invested by funds: $21B [Q2] → $22.6B (+$1.6B) [Q3]
1% more funds holding
Funds holding: 890 [Q2] → 899 (+9) [Q3]
1.88% less ownership
Funds ownership: 87.02% [Q2] → 85.14% (-1.88%) [Q3]
28% less call options, than puts
Call options by funds: $4.61B | Put options by funds: $6.4B
Research analyst outlook
17 Wall Street Analysts provided 1 year price targets over the past 3 months
17 analyst ratings
Seaport Global Tom Curran 25% 1-year accuracy 1 / 4 met price target | 42%upside $274 | Buy Upgraded | 16 Jan 2025 |
Wells Fargo Michael Blum 79% 1-year accuracy 27 / 34 met price target | 8%upside $209 | Overweight Maintained | 8 Jan 2025 |
Baird Ben Kallo 44% 1-year accuracy 17 / 39 met price target | 38%upside $267 | Outperform Maintained | 18 Dec 2024 |
Jefferies Dushyant Ailani 29% 1-year accuracy 2 / 7 met price target | 29%upside $248 | Buy Maintained | 17 Dec 2024 |
Piper Sandler Kashy Harrison 34% 1-year accuracy 14 / 41 met price target | 30%upside $250 | Overweight Maintained | 2 Dec 2024 |
Financial journalist opinion
Based on 16 articles about FSLR published over the past 30 days