Added to YB: 2024-10-03
Pitch date: 2024-10-01
FSLR [bullish]
First Solar, Inc.
+6.74%
current return
Author Info
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Company Info
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally.
Market Cap
$27.2B
Pitch Price
$238.71
Price Target
541.45 (+113%)
Dividend
N/A
EV/EBITDA
12.77
P/E
19.46
EV/Sales
5.16
Sector
Semiconductors and Semiconductor Equipment
Category
value
First Solar: Significant Growth Ahead
FSLR: Leader in thin-film solar, 75.9GW backlog through 2030, $1.74B cash. Q2 record 3.7GW production. Expanding capacity to 25GW by 2026. Undervalued at $541 PT (52% upside). Risks: high competition, concentrated markets. Strong growth expected: 35% sales, 68% EPS YoY. DCF value $529.
Read full article (9 min)