First Solar, Inc. Announces Full Year 2016 Guidance

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Baird Remains Buyer on First Solar (FSLR) Following Mixed FY16 Outlook; Affirms at 'Outperform'

December 10, 2015 7:29 AM EST

Baird reaffirms First Solar (Nasdaq: FSLR) at Outperform with a price target of $69 following light FY16 revenue/gross margin guidance issued... More

Needham & Company Downgrades First Solar (FSLR) to Hold

December 10, 2015 7:18 AM EST

Needham & Company downgraded First Solar (NASDAQ: FSLR) from Buy to Hold.

Analyst Y. Edwin Mok commented, "We are downgrading FSLR from Buy to Hold due to risks to 2016 earnings, substantially weaker margin trends ahead, post-ITC uncertainty in 2017 and slowed efficiency roll-out.... More

First Solar (FSLR) Sees FY16 Revenue of $3.9-$4.1B

December 9, 2015 4:08 PM EST

First Solar, Inc. (Nasdaq: FSLR) today announced full year 2016 financial guidance.

Forecasted net sales for 2016 are $3.9 to $4.1 billion, with solar power systems net sales expected to comprise 90% to 95% of the total and third party module sales the remainder. Earnings per share is forecasted to be $4.00 to $4.50 per share, including a gain from the expected sale of... More