First Solar Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 1 out of 29 in the Renewable Energy industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 242.17.In the medium term, the stock price is expected to remain stable.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of First Solar Inc is 9.56, ranking 1 out of 29 in the Renewable Energy industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.04B, representing a year-over-year increase of 23.64%, while its net profit experienced a year-over-year increase of 65.42%.
Key Metrics
The current valuation score of First Solar Inc is 7.50, ranking 21 out of 29 in the Renewable Energy industry. Its current P/E ratio is 14.69, which is 3933.91% below the recent high of 592.62 and 3636.40% above the recent low of -519.53.
The current earnings forecast score of First Solar Inc is 7.26, ranking 12 out of 29 in the Renewable Energy industry. The average price target is 274.00, with a high of 335.00 and a low of 150.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of First Solar Inc is 9.33, ranking 4 out of 29 in the Renewable Energy industry. Currently, the stock price is trading between the resistance level at 248.71 and the support level at 196.27, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of First Solar Inc is 10.00, ranking 1 out of 29 in the Renewable Energy industry. The latest institutional shareholding proportion is 99.42%, representing a quarter-over-quarter decrease of 3.92%. The largest institutional shareholder is Invesco, holding a total of 1.78M shares, representing 1.65% of shares outstanding, with 20.13% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Renewable Energy domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of First Solar Inc is 5.91, ranking 2 out of 29 in the Renewable Energy industry. The company's beta value is 1.56. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
