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This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
First Solar Inc.
Stockchase Research Editor: Michael O'Reilly

Recently reported earnings for FSLR easily exceeded analyst expectations, thanks to a 27% increase in revenues.  Total US solar installs are up 20% on the year and analysts expect a bigger year of growth ahead in the industry.  FSLR trades at 12x forward earnings and under 3x book value.  We recommend placing a stop-loss at $129, looking to achieve $234 -- upside potential of 46%.  Yield 0%

(Analysts’ price target is $234.27)
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BUY ON WEAKNESS
First Solar Inc.

One of the few solar stocks that makes money. Have suffered from higher costs in raw materials and shipping, so reported a loss last year. This year, they are guiding for a high $7-8 EPS and $13 EPS in 2024. Trades at a cheap 12x 2024 PE. They sell to commercial customers much more than homeowners, so is less exposed to higher rates. Demand for products is high with orders through 2026. They make a superior product, using 98% fewer semi materials than their peers, therefore cheaper to produce. Shares have pulled back, so attractive.

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premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jun 29/23, Up 23.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR has triggered its stop at $180.  To remain disciplined, we recommend covering the position at this time.  Combined with the previous buy recommendations, this will result in a net investment gain of 31%.

other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jun 29/23, Up 51%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR has achieved its $224 target.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop (from $171) to $180.  

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BUY
First Solar Inc.
Will benefit from the Inflation Reduction Act

Likes it because it's one of the few solar panel companies that is actually profitable. Shares are up 30% YTD, despite weakness in the group. It's best in breed.

other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
First Solar Inc.
Stockchase Research Editor: Michael O'Reilly

We reiterate this solar module manufacturer as a TOP PICK.  As a US manufacturer, it is a major beneficiary of the Inflation Reduction Act tax incentives.  It has a growing order backlog.  We like that cash reserves are building while the company retires debt.  We continue to recommend a stop-loss at $171, looking to achieve $224 -- upside potential of 21%.  Yield 0%  

(Analysts’ price target is $224.24)
other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick May 02/23, Up 19.4%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR has achieved its target at $214.  To remain disciplined, we recommend covering half the position at this time and trailing up the stop to $171.  When combined with our previous recommendation, this investment has a net investment gain of 52% so far.    

other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
First Solar Inc.
Stockchase Research Editor: Michael O'Reilly

We reiterate this international manufacturer of solar power panels.  Although latest earnings did not meet analyst expectations, things are still solid.  Sales back logs show they are sold out of product until into 2026 -- this will bring steady revenue.  Cash reserves are growing and debt is being reduced.  We recommend keeping the stop-loss at $168, looking to achieve $214 -- upside potential of 21% from here.  Yield 0%

(Analysts’ price target is $214.15)
other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jun 14/22, Up 195%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR is progressing well.  We now recommend trailing up the stop (from $155) to $168 at this time.  

other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jul 14/22, Up 132.5%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with FSLR is progressing well.  To remain disciplined, we now recommend trailing up the stop (from $142) to $155.

other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jul 14/22, Up 152.4%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FSLR is progressing well. We now recommend trailing up the stop (from $134) to $142. If triggered this would result in a net investment gain of 101%.
other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jul 14/22, Up 122.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FSLR is progressing well. To remain disciplined, we recommend trailing up the stop to $134 at this time.
other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jul 14/22, Up 90.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FSLR is progressing well. To remain disciplined, we recommend trailing up the stop (from $90) to $112.
other mines
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
First Solar Inc.
(A Top Pick Jul 14/22, Up 97.3%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK is progressing well. We now recommend trailing up the stop (from $65) to $90.
other mines
BUY ON WEAKNESS
First Solar Inc.
They had a run, so wait for a pullback.
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Showing 1 to 15 of 34 entries

First Solar Inc.(FSLR-Q) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 9

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 9

Stockchase rating for First Solar Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

First Solar Inc.(FSLR-Q) Frequently Asked Questions

What is First Solar Inc. stock symbol?

First Solar Inc. is a American stock, trading under the symbol FSLR-Q on the NASDAQ (FSLR). It is usually referred to as NASDAQ:FSLR or FSLR-Q

Is First Solar Inc. a buy or a sell?

In the last year, 9 stock analysts published opinions about FSLR-Q. 9 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First Solar Inc..

Is First Solar Inc. a good investment or a top pick?

First Solar Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for First Solar Inc..

Why is First Solar Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is First Solar Inc. worth watching?

9 stock analysts on Stockchase covered First Solar Inc. In the last year. It is a trending stock that is worth watching.

What is First Solar Inc. stock price?

On 2023-11-27, First Solar Inc. (FSLR-Q) stock closed at a price of $154.65.