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.
FSLR aims at expanding U.S. manufacturing with two new plants as it targets 14 GW capacity to meet surging solar demand by 2026.
First Solar stock tanked on June 17 alongside leading residential solar stocks such as Sunrun and Enphase Energy. A closer evaluation of First Solar's business model suggests Mr. Market is throwing the baby out with the water. First Solar's unique CdTe thin-film technology provides supply chain resilience and independence from Chinese crystalline silicon, reducing tariff risk.
In the latest trading session, First Solar (FSLR) closed at $167.86, marking a +1.97% move from the previous day.
FSLR cuts 2025 outlook as U.S. tariffs hit overseas demand, but long-term prospects stay buoyed by domestic strength.
First Solar (FSLR) reachead $164.62 at the closing of the latest trading day, reflecting a +2.78% change compared to its last close.
This stock has seen negative earnings estimate revisions for this year and next.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching First Solar (FSLR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
First Solar's stock (NASDAQ: FSLR) has experienced a significant decline — down almost 50% from its peak of around $300 last summer to approximately $150 today. This kind of decline prompts an important question: Is this a rare buying opportunity — or could the stock decrease even more?