Today, a Director at First Solar (FSLR), Craig Kennedy, sold shares of FSLR for $112.6K.
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Based on First Solar’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $585 million and GAAP net loss of $18.55 million. In comparison, last year the company earned revenue of $309 million and had a GAAP net loss of $48.49 million. FSLR’s market cap is $6.62B and the company has a P/E ratio of 294.84. Currently, First Solar has an average volume of 1.32M.
Based on 6 analyst ratings, the analyst consensus is Strong Buy with an average price target of $76.83, reflecting a 20.3% upside.
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First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity.
