First Solar Inc (FSLR) Stock AnalysisFSLRFirst Solar Inc

First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company. It is focused on enabling power generation needs with its advanced, thin film PV technology. The Company's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The Company's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 464 watts and 532 watts, respectively. It operates in the Energy sector (SEMICONDUCTORS & RELATED DEVICES industry).

First Solar Inc is currently trading at $177.82, which is significantly lower than analyst price targets ranging from $250 to $272. However, the stock has seen a year-to-date decline of 35.18%, indicating potential volatility and risk. The RSI is at 42.91, suggesting the stock is nearing oversold conditions, but the MACD shows a bearish trend. The main risk is the insider selling, which has increased by 3716.87% over the last month, indicating potential lack of confidence from company insiders.

17 analysts cover FSLR: 9 rate it Buy, 8 Hold and 0 Sell. The average price target is 280.35.