The latest trading day saw First Solar (FSLR) settling at $185.32, representing a +2.55% change from its previous close.
FSLR's Q2 results are likely to feel pressure from tariffs and shifting sales mix, despite strong global solar demand and U.S. production capacity enhancement.
First Solar (FSLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
First Solar (FSLR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
First Solar (FSLR) concluded the recent trading session at $175.85, signifying a +1.33% move from its prior day's close.
FSLR stock gains 29.3% on manufacturing capacity expansion efforts, but tariffs and warranty costs raise concerns.
In the latest trading session, First Solar (FSLR) closed at $162.44, marking a -1.61% move from the previous day.
The July 7th Trump Executive Order on eliminating IRS tax credits does not include First Solar's Section 45X for now. The extended reciprocal tariff deadline into early August renews tariff risks, and I expect potential trade deals could still maintain a higher tariff rate, pressuring margins. 2Q FY2025 earnings could face added pressure on gross margin and EPS after Trump raised steel and aluminum tariffs to as much as 50% on June 4th.
The One Big Beautiful Bill (OBBB) Act is now law, and with it come several new rules and rollbacks that could weaken the clean energy industry in the U.S. While the bill's primary focus has been tax cut extensions, the legislation also eliminates many incentives for solar power, especially those in residential areas.
First Solar (FSLR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.