TD Cowen Reiterates Outperform Rating on First Solar (FSLR), 'ASP in Bookings Continues to Increase'

First Solar (FSLR) PT Raised to $210 at Deutsche Bank, 'Solid name within the solar space'

February 28, 2024 6:46 AM EST

Deutsche 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 EST

Oppenheimer 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) PT Raised to $245 at Morgan Stanley, 'Strong Pricing Trends'

February 28, 2024 3:42 AM EST

(Updated - February 28, 2024 6:42 AM EST)

Morgan Stanley analyst Andrew Percoco raised the price target on First Solar (NASDAQ: FSLR) to $245.00 (from $237.00) while maintaining a Overweight rating.

The analyst comments "In-line 4Q23 results and 2024 guidance. Improved pricing on incremental bookings should... More

First Solar swings to quarterly profit, forecasts higher sales in 2024

February 27, 2024 5:58 PM EST

By Sourasis Bose and Saikeerthi .

(Reuters) -First Solar on Tuesday swung to a profit in the fourth quarter and forecast higher sales in 2024 on resilient demand for renewable energy.

Solar module supply in the United States has remained comparatively isolated from the oversupply witnessed globally due to tariffs limiting imports from China, which has expanded its manufacturing capacity across the solar supply chain.

Shares of First... More

After-hours movers: eBay and Beyond Meat rise, Bumble sinks

February 27, 2024 4:45 PM EST

After-Hours Stock Movers:

eBay (NASDAQ: EBAY) gained 4% after it reported fourth quarter EPS and revenue that topped consensus views.

Beyond Meat (NASDAQ: BYND) rose 40% after it reported operating profit that was well above... More

First Solar (FSLR) climbs after topping Q4 earnings expectations, delivers solid guidance

February 27, 2024 4:15 PM EST

First 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

First Solar (FSLR) Tops Q4 EPS by 10c; offers guidance

February 27, 2024 4:09 PM EST

First Solar (NASDAQ: FSLR) reported Q4 EPS of $3.25, $0.10 better than the analyst estimate of $3.15. Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.31 billion.

GUIDANCE:

First Solar sees FY2024 EPS of $13.00-$14.00, versus the consensus of... More

First Solar (FSLR) March weekly option implied volatility into quarter results

February 26, 2024 10:58 AM EST

First Solar (NASDAQ: FSLR) March weekly call option implied volatility is at 117, March is at 71; compared to its 52-week range of 37 to 66 into the expected release of quarter results after the bell on February 27.

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First Solar (FSLR) March weekly 143 straddle into quarter results

February 26, 2024 5:27 AM EST

First Solar (NASDAQ: FSLR) March weekly 143 straddle priced for a move of 9% into the expected release of quarter results after the bell on February 27.

... More