Is First Solar About to Go Into Growth Mode?
First Solar Inc. (NASDAQ: FSLR) is on a hot streak the likes of which the solar industry hasn't seen in a very long time. Not only is its stock up 75% in the past six months, it has booked enough solar panel sales in 2017 to keep its factories busy for the next two years.
Given that customers are buying so many thin-film solar panels right now, it would make sense if First Solar announced plans to expand its manufacturing capacity. But it hasn't... yet. Here's what it may take for First Solar to enter production growth mode again.
Image source: First Solar.
Source: Fool.com
First Solar Inc. Stock
€195.42
8.660%
The stock is one of the favorites of our community with 39 Buy predictions and 1 Sell predictions.
As a result the target price of 222 € shows a slightly positive potential of 13.6% compared to the current price of 195.42 € for First Solar Inc..
