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Barchart
Sohini Mondal

Are Wall Street Analysts Predicting First Solar Stock Will Climb or Sink?

With a market cap of $29.2 billion, First Solar, Inc. (FSLR) is a leading global provider of photovoltaic (PV) solar energy solutions. The company specializes in manufacturing cadmium telluride thin-film solar modules and offers project development, operations, and maintenance services to utilities, developers, and commercial customers worldwide.

Shares of the Tempe, Arizona-based company have exceeded the broader market over the past 52 weeks. FSLR stock has soared 34.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.4%. Moreover, shares of First Solar have climbed 50.1% on a YTD basis, compared to SPX's 14.3% increase.

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