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Added to YB: 2024-10-08

Pitch date: 2024-10-08

FSLR [bullish]

First Solar, Inc.

+12.43%

current return

Author Info

No bio for this author

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

$226.62

Price Target

321.00 (+26%)

Dividend

N/A

EV/EBITDA

12.77

P/E

19.46

EV/Sales

5.16

Sector

Semiconductors and Semiconductor Equipment

Category

growth

Show full summary:
BofA Reiterates Buy on First Solar (FSLR) with $321 PT

FSLR: BofA Buy, PT $321. Project delays to 2025 due to supply/labor issues. 80GW backlog through 2026, stable US pricing. Stock dip from initial CVD rates, expected to rise. Competitive edge from 45X tax credits. Analyst: Dimple Gosal.

Read full article (1 min)