First Solar, Inc. Announces Fourth Quarter and Full Year 2023 Financial Results and 2024 Guidance
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TD Cowen Reiterates Outperform Rating on First Solar (FSLR), 'ASP in Bookings Continues to Increase'
February 28, 2024 6:50 AM ESTTD Cowen analyst Jeffrey Osborne reiterated an Outperform rating and $250.00 price target on First Solar (NASDAQ: FSLR)
The analyst comments "4Q EPS upside was driven by lower than expected cost per watt. ASP in backlog increased QoQ and ASP on bookings over the... More
First Solar (FSLR) PT Raised to $210 at Deutsche Bank, 'Solid name within the solar space'
February 28, 2024 6:46 AM ESTDeutsche Bank analyst Corinne Blanchard raised the price target on First Solar (NASDAQ: FSLR) to $210.00 (from $205.00) while maintaining a Buy rating.
The analyst comments "First Solar reported 4Q results last night, with no big surprise coming out, as we had anticipated. 4Q23 adj. EPS of $3.25/sh was modestly better than expected... More
First Solar (FSLR) PT Raised to $269 at Oppenheimer, 'Executing Well'
February 28, 2024 6:33 AM ESTOppenheimer analyst Colin Rusch raised the price target on First Solar (NASDAQ: FSLR) to $269.00 (from $268.00) while maintaining a Outperform rating.
The analyst comments "With FSLR executing well across metrics we believe strong pricing for new bookings was a positive surprise. We... More
First Solar (FSLR) climbs after topping Q4 earnings expectations, delivers solid guidance
February 27, 2024 4:15 PM ESTFirst Solars (NASDAQ: FSLR) shares climbed 3.8% in premarket trading Wednesday following the release of the companys FQ4 earnings, which topped analyst expectations.
The solar energy firm posted earnings per share (EPS of $3.25 in the quarter, beating the consensus estimate of $3.15. However, revenue came in at $1.16 billion, short of the anticipated $1.31 billion.
Looking ahead, First Solar has set its full-year 2024 earnings guidance to range between $13.00 and $14.00 per share, slightly below the analyst... More
