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

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

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

February 28, 2024 6:50 AM EST

TD 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 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