+Compare
FSLR
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
17.35B

FSLR First Solar Forecast, Technical & Fundamental Analysis

a provider of photovoltaic solar energy solutions

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for FSLR with price predictions
08:00 PM EDT Sep 21, 2023

FSLR in -4.01% downward trend, falling for three consecutive days on September 22, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where FSLR declined for three days, in of 289 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on FSLR as a result. In of 88 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for FSLR turned negative on September 13, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .

The 10-day moving average for FSLR crossed bearishly below the 50-day moving average on August 23, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

The Aroon Indicator for FSLR entered a downward trend on September 21, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for FSLR's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where FSLR advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

FSLR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. FSLR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.874) is normal, around the industry mean (5.429). FSLR has a moderately high P/E Ratio (111.111) as compared to the industry average of (37.363). Projected Growth (PEG Ratio) (0.678) is also within normal values, averaging (1.598). FSLR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.025). P/S Ratio (5.797) is also within normal values, averaging (27.911).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Plug Power (NASDAQ:PLUG), Bloom Energy Corp (NYSE:BE), Canadian Solar (NASDAQ:CSIQ), SunPower Corp (NASDAQ:SPWR), GrafTech International Ltd (NYSE:EAF), FuelCell Energy (NASDAQ:FCEL).

Industry description

The industry produces a diverse range of electricity-powered equipment, appliances and components, catering to both households and industries. The products include power, distribution and specialty transformers; electric motors, generators and motor-generator sets; switchgear and switchboard apparatus; light bulbs, tubes, fittings and electric signs etc. Consumer income, construction spending, and industrial production are major drivers of demand for this industry’s products. Large companies tend to have economies of scale in production, marketing, and distribution, while smaller companies can potentially carve out their own market through niche or specialty offerings. The US electrical products manufacturing industry includes about 5,700 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $125 billion. (according to a study published in First Research). Emerson Electric Co., Hubbell Incorporated and Eaton Corporation plc are major electrical products makers in the U.S.

Market Cap

The average market capitalization across the Electrical Products Industry is 3.83B. The market cap for tickers in the group ranges from 750 to 181.26B. NISSF holds the highest valuation in this group at 181.26B. The lowest valued company is EDYYF at 750.

High and low price notable news

The average weekly price growth across all stocks in the Electrical Products Industry was -2%. For the same Industry, the average monthly price growth was -7%, and the average quarterly price growth was -10%. PWWRF experienced the highest price growth at 200%, while DCFC experienced the biggest fall at -38%.

Volume

The average weekly volume growth across all stocks in the Electrical Products Industry was -32%. For the same stocks of the Industry, the average monthly volume growth was 2% and the average quarterly volume growth was 3%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 55
P/E Growth Rating: 73
Price Growth Rating: 66
SMR Rating: 73
Profit Risk Rating: 81
Seasonality Score: -20 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

FSLR is expected to report earnings to rise 37.11% to $2.18 per share on October 26

First Solar FSLR Stock Earnings Reports
Q3'23
Est.
$2.18
Q2'23
Beat
by $0.59
Q1'23
Missed
by $0.61
Q4'22
Beat
by $0.10
Q3'22
Missed
by $0.26
The last earnings report on July 27 showed earnings per share of $1.59, beating the estimate of $1.00. With 273.91K shares outstanding, the current market capitalization sits at 17.35B.
A.I. Advisor
published General Information

General Information

a provider of photovoltaic solar energy solutions

Industry ElectricalProducts

Profile
Fundamentals
Details
Industry
Electronic Components
Address
350 West Washington Street
Phone
+1 602 414-9300
Employees
5500
Web
https://www.firstsolar.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
WVE5.440.08
+1.49%
Wave Life Sciences Ltd
HST15.80-0.11
-0.69%
Host Hotels & Resorts
TRX0.38-0.01
-1.41%
TRX Gold Corp
FOXO0.11N/A
-1.70%
FOXO Technologies
INTA31.10-0.58
-1.83%
Intapp

FSLR and

Correlation & Price change

A.I.dvisor indicates that over the last year, FSLR has been closely correlated with SPWR. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if FSLR jumps, then SPWR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FSLR
1D Price
Change %
FSLR100%
-2.28%
SPWR - FSLR
67%
Closely correlated
-3.78%
ARRY - FSLR
54%
Loosely correlated
-4.72%
ENPH - FSLR
54%
Loosely correlated
-3.95%
CSIQ - FSLR
49%
Loosely correlated
-1.38%
SEDG - FSLR
48%
Loosely correlated
-1.24%
More

Groups containing FSLR

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FSLR
1D Price
Change %
FSLR100%
-2.28%
FSLR
(undefined stocks)
100%
Closely correlated
-1.32%
photovoltaic
(undefined stocks)
77%
Closely correlated
+0.18%
solar
(undefined stocks)
75%
Closely correlated
-1.26%
expanding cleantech
(undefined stocks)
68%
Closely correlated
-0.86%
components
(undefined stocks)
49%
Loosely correlated
+0.52%
More