While many renewable stocks fell after Donald Trump's victory in the US presidential election, UBS thinks growth of the sector is still likely to continue, though a repeal of the previous White House administration's inflation reduction act (IRA) is "a real possibility".
Solar stocks are responding negatively to Donald Trump beating Kamala Harris to become the 47th President of the United States. That's because the new government is expected to rescind at least some parts of Biden's Inflation Reduction Act, which many believed could prove to be a long-term tailwind for solar companies.
Recently, Zacks.com users have been paying close attention to First Solar (FSLR). This makes it worthwhile to examine what the stock has in store.
NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. ("First Solar" or the "Company") (NASDAQ:FSLR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Shares of solar companies First Solar Inc (NASDAQ:FSLR), Enphase Energy Inc (NASDAQ:ENPH), and NextEra Energy Inc (NYSE:NEE) are sliding today, following Donald Trump's presidential victory.
Green energy stocks are selling off post-election. Is this a buying opportunity?
Retail investors can have a significant advantage over others by following Wall Street analysts' trends, especially in the way they shift their ratings and price targets for certain stocks. Today, three names give investors an opportunity to reverse engineer some of the recent analyst upgrades to determine whether they are Buys across the board.
First Solar's business is driven by subsidies, which may not be sustainable.
First Solar stock has fared much better than its sector peers, rising by about 13% year-to-date. In comparison, Enphase Energy stock, another solar component player, has seen its stock decline by 38% over the same period.
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of First Solar, Inc. ("First Solar" or the "Company") (NASDAQ:FSLR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
Despite underperforming in Q3 2024, First Solar will capitalize on high demand in 2025–2026; the stock is 27% undervalued per a two-year discounted EBITDA model. Reaffirming a Strong Buy rating, the intrinsic enterprise value is calculated at $29.22B today—26.9% above the current value—based on 2026 projections, expanded capacity, new technologies like CuRe, and favorable macroeconomics. Risks include potential contract terminations, political uncertainty affecting the IRA, oversupply pressures, and manufacturing issues; selling in late 2026 is advised to mitigate long-term cyclical risks.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?