First Solar (NASDAQ: FSLR) has experienced a 14% loss year-to-date in the past week, significantly trailing the broader market. However, beneath this decline lies a more complex story: evolving energy policy, solid fundamentals, and a valuation that may entice long-term investors willing to accept some volatility.
The potential policy headwinds from the OBBBA related to solar power are real in the long term, but ironically they could boost near-term returns and allow First Solar to dominate. I'm not naïve about the fact that there will be a cyclical downturn eventually, but I'm eyeing up a $290 price within the next 12 months. At $250, I'll reassess. Solar power is going to rise in cycles. It's the most important energy asset of the modern age, and First Solar will be front and center in the U.S.
Investors interested in FSLR stock should wait for a better entry point, considering its premium valuation and downward revision in near-term earnings estimates.
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
25 Feb 2025 Date | | 4.69 Cons. EPS | 3.65 EPS |
29 Oct 2024 Date | | 3.14 Cons. EPS | 2.91 EPS |
30 Jul 2024 Date | | 2.69 Cons. EPS | 3.25 EPS |
28 Jul 2025 (In 1 month) Date | | - Cons. EPS | - EPS |
29 Apr 2025 Date | | - Cons. EPS | - EPS |
25 Feb 2025 Date | | 4.69 Cons. EPS | 3.65 EPS |
29 Oct 2024 Date | | 3.14 Cons. EPS | 2.91 EPS |
30 Jul 2024 Date | | 2.69 Cons. EPS | 3.25 EPS |
Solar Industry | Energy Sector | Mr. Mark R. Widmar CEO | NASDAQ (NGS) Exchange | 336433107 Cusip |
US Country | 8,100 Employees | - Last Dividend | - Last Split | 17 Nov 2006 IPO Date |
First Solar, Inc. stands as a pivotal solar technology enterprise operating on a global scale, including in the United States, France, Japan, Chile, and beyond. Initially established in 1999 and formerly known as First Solar Holdings, Inc., the company underwent a rebranding to its current name in 2006, and is strategically positioned with its headquarters in Tempe, Arizona. As a trailblazer in the solar energy sector, First Solar, Inc. is dedicated to delivering advanced photovoltaic (PV) solar energy solutions. The company’s innovative approach leverages thin film semiconductor technology to manufacture and sell PV solar modules, offering a sustainable, lower-carbon alternative to the conventional crystalline silicon PV modules. Through its comprehensive suite of services, First Solar addresses the needs of a diverse clientele, including developers and operators of systems, utilities, independent power producers, and commercial and industrial companies.
First Solar specializes in the production and sale of photovoltaic solar modules, utilizing a proprietary thin film semiconductor technology. This innovative approach not only differentiates their products in the market but also contributes to the reduction of carbon footprints compared to traditional crystalline silicon solar modules.
The company has pioneered the design, manufacture, and sale of solar modules that utilize cadmium telluride to convert sunlight into electricity. This technology underscores First Solar's commitment to leveraging advanced materials and methodologies to enhance the efficiency and environmental performance of solar energy solutions.
Beyond manufacturing, First Solar engages in project development activities aimed at creating comprehensive solar energy solutions. This encompasses a range of services from initial project planning and design to the actual implementation and commissioning of solar installations.
To ensure the optimal performance and longevity of solar installations, First Solar offers specialized operations and maintenance services. These services are designed to support system owners by providing regular maintenance, troubleshooting, and performance optimization throughout the lifetime of the solar energy systems.
First Solar also caters to third-party customers by offering the sale of complete photovoltaic solar power systems. This allows developers, utilities, and various commercial entities to deploy solar energy solutions tailored to their specific needs and objectives, supported by First Solar's expertise and technology.