Currently, there are 107.24M common shares owned by the public and among those 101.27M shares have been available to trade.
The company’s stock has a 5-day price change of 22.85% and -4.10% over the past three months. FSLR shares are trading -11.37% year to date (YTD), with the 12-month market performance down to -18.09% lower. It has a 12-month low price of $116.56 and touched a high of $306.77 over the same period. FSLR has an average intraday trading volume of 3.65 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 17.77%, 19.18%, and -14.51% respectively.
Institutional ownership of First Solar Inc (NASDAQ: FSLR) shares accounts for 92.85% of the company’s 107.24M shares outstanding.
It has a market capitalization of $16.75B and a beta (3y monthly) value of 1.47. The stock’s trailing 12-month PE ratio is 13.28, while the earnings-per-share (ttm) stands at $11.76. The company has a PEG of 0.42 and a Quick Ratio of 1.39 with the debt-to-equity ratio at 0.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.13% over the week and 5.64% over the month.
Earnings per share for the fiscal year are expected to increase by 26.79%, and 47.06% over the next financial year.
Looking at the support for the FSLR, a number of firms have released research notes about the stock. TD Cowen stated their Buy rating for the stock in a research note on April 30, 2025, with the firm’s price target at $275-$200. KeyBanc Capital Markets was of a view on April 30, 2025 that the stock is Underweight, while Jefferies gave the stock Hold rating on April 30, 2025, issuing a price target of $127. Redburn Atlantic on their part issued Neutral rating on March 03, 2025.
