What Analysts Are Saying About First Solar Stock
Portfolio Pulse from Benzinga Insights
First Solar (NASDAQ:FSLR) has received mixed analyst ratings over the past three months, with a total of 4 bullish, 6 somewhat bullish, and 2 indifferent ratings. The average 12-month price target is $217.75, down from the previous $225.89. Analysts from firms like Mizuho, Jefferies, and Morgan Stanley have adjusted their price targets and ratings, reflecting changes in market conditions and company performance. First Solar is a leading thin-film solar module manufacturer with strong revenue growth and net margin but lagging ROE and ROA compared to industry averages. The company's debt-to-equity ratio is low at 0.09.
January 03, 2024 | 9:01 pm
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NEUTRAL IMPACT
First Solar has a diverse range of analyst ratings with a lowered average price target of $217.75. The company shows strong revenue growth and net margin but has challenges in ROE and ROA.
The mixed analyst ratings and the slight decrease in the average price target suggest a neutral short-term impact on FSLR's stock price. The strong revenue growth and net margin are positive, but the below-average ROE and ROA may concern investors. The low debt-to-equity ratio is favorable. Overall, the impact balances out to neutral due to the contrasting positive and negative factors.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100