Analysts’ recommendations

According to analysts’ consensus estimates, First Solar (FSLR) stock offers a potential upside of more than 15% for the next 12 months. The stock has a mean target price of $68.9—compared to its current market price of $59.9.

First Solar: Analysts’ Recommendations after Its Q1 Earnings

Sign up for Bagels & Stox, our witty take on the top market and investment news, straight to your inbox! Whether you’re a serious investor or just want to be informed, Bagels & Stox will be your favorite email.

Among the 15 analysts that track First Solar, six recommended a “buy,” six recommended a “hold,” and three recommended a “strong buy.” None of the analysts recommended a “sell” as of May 3.

Peers’ target prices

So far, Sunrun (RUN) has risen ~42% in 2019. Analysts have given Sunrun a mean target price of $19.4—compared to its current market price of $15.4, which implies a potential upside of ~19%. The company is scheduled to report its first-quarter earnings May 8.

SunPower (SPWR) has risen ~45% year-to-date. SunPower is scheduled to report its first-quarter results on May 9. Analysts expect the stock to fall more than 6% from its current market price of $7.2 based on analysts’ mean target price of $6.7.

Latest articles

Investors have been holding their breath for a Fed rate cut for a while now. But are they prepared in the event that that doesn't happen?

Innovative Industrial Properties (IIPR) continued to slump on July 22. The stock lost almost 6.8% of its value on the day.

22 Jul

Why AT&T Stock Is Down 2.2% Today

WRITTEN BY Ambrish Shah

AT&T stock (T) was trading at $32.14 with a 2.0% loss for the day. Earlier today, it posted a low of $32.08. Is the stock overvalued right now?

The Walt Disney Company’s (DIS) superhero film Avengers: Endgame has finally surpassed the record set by James Cameron’s Avatar.

22 Jul

Why Durect Corporation Is Soaring Today

WRITTEN BY Margaret Patrick

On July 22, Durect Corporation (DRRX) entered into a collaboration with HIV leader Gilead Sciences (GILD).

Pure Alpha, the flagship fund of Ray Dalio’s Bridgewater Associates, fell 4.9% in the first half, the Financial Times reported.