Analyst Expectations For First Solar's Future
Portfolio Pulse from Benzinga Insights
Analyst ratings for First Solar (NASDAQ:FSLR) over the past three months show a mix of bullish to bearish sentiments, with recent actions including ratings adjustments and price target changes. The average 12-month price target is now $202.33, down from $205.67. First Solar's financial performance is highlighted by a 27.37% revenue growth rate and a net margin of 33.5%, though it faces challenges with ROE and ROA below industry averages. The company is a leading manufacturer of thin-film solar modules.
February 14, 2024 | 1:00 pm
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First Solar has received mixed analyst ratings with a recent decrease in the average price target to $202.33. The company's strong revenue growth and net margin are positive indicators, but challenges in ROE and ROA could concern investors.
The mixed analyst ratings and the slight decrease in the average price target could lead to short-term uncertainty in FSLR's stock price. However, the company's strong financial performance, particularly in revenue growth and net margin, may counterbalance concerns over ROE and ROA, leading to a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100