Are Wall Street Analysts Bullish on First Solar Stock?

Tempe, Arizona-based First Solar, Inc. (FSLR) is a solar technology company that provides photovoltaic (PV) solar energy solutions. Valued at a market cap of $15.1 billion, the company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. 

This solar technology company has considerably lagged behind the broader market over the past 52 weeks. Shares of FSLR have declined 27.3% over this time frame, while the broader S&P 500 Index ($SPX) has soared 8.6%. Moreover, on a YTD basis, the stock is down 20.2%, compared to SPX’s 3.8% loss.