Are First Solar Inc (FSLR) stocks a prudent buy?

First Solar Inc [FSLR] stock is trading at $129.82, up 1.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FSLR shares have gain 2.75% over the last week, with a monthly amount drifted -1.07%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, Mizuho upgraded its rating to Outperform on February 11, 2025, and elevated its price target to $259. On January 16, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $274 on the stock. Seaport Research Partners started tracking the stock assigning a Neutral rating. Janney upgraded its rating to a Buy but $260 remained the price target by the analyst firm on October 29, 2024. Citigroup upgraded its rating to Buy for this stock on October 22, 2024, and upped its price target to $254. In a note dated September 26, 2024, Truist initiated an Buy rating and provided a target price of $300 on this stock.

First Solar Inc [FSLR] stock has fluctuated between $120.60 and $306.77 over the past year. Currently, Wall Street analysts expect the stock to reach $261.64 within the next 12 months. First Solar Inc [NASDAQ: FSLR] shares were valued at $129.82 at the most recent close of the market. An investor can expect a potential return of 101.54% based on the average FSLR price forecast.

Analyzing the FSLR fundamentals

First Solar Inc [NASDAQ:FSLR] reported sales of 4.21B for the trailing twelve months, which represents a growth of 30.68%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.33%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.17 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 126.92 points at the first support level, and at 124.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 131.34, and for the 2nd resistance point, it is at 132.87.

Ratios To Look Out For

For context, First Solar Inc’s Current Ratio is 2.45. In addition, the Quick Ratio stands at 1.93 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 3.30, the price to book ratio is 1.74 and price to earnings (TTM) ratio is 10.80.

Transactions by insiders

Recent insider trading involved Verma Kuntal Kumar, Chief Manufacturing Officer, that happened on Mar 18 ’25 when 503.0 shares were sold. Chief Commercial Officer, ANTOUN GEORGES completed a deal on Mar 17 ’25 to sell 229.0 shares. Meanwhile, Chief Financial Officer Bradley Alexander R. sold 599.0 shares on Mar 17 ’25.

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