Shares of First Solar Inc (NASDAQ:FSLR) are up 3.7% at $248.22 before the open, after Baird upgraded the solar stock to "outperform" from "neutral" and raised its price target to $318 from $205.
Marley Kayden looks at the weak July jobs report, cooling wage growth and the declining odds of a September Fed rate hike, while also examining the widening divide between luxury and starter-home sales. Sam Vadas highlights a rally in First Solar (FSLR) following new U.S. trade protections and looks at China's latest push to close the AI gap with U.S. companies.
First Solar and T1 Energy shares climbed after the Trump administration imposed tariffs and price floors on imported solar products to support U.S. manufacturing.
First Solar leverages proprietary CdTe thin-film technology and a vertically integrated U.S. manufacturing base for long-term value creation. FSLR's 45.1 GW contracted backlog, expanding capacity toward 25 GW, and ~$1.7B net cash position underpin visible revenue and financial resilience. Despite strong fundamentals and a 170% five-year share price gain, FSLR trades at a discount on earnings-based multiples, reflecting market caution on earnings durability.
First Solar's earnings beat and reaffirmed outlook fuel a sharp stock rally, putting ETFs with major FSLR holdings in focus for diversified exposure.
FSLR tops Q2 earnings estimates as gross margin expands, but revenues slip year over year while it maintains its full-year 2026 outlook.
First Solar highlights record backlog, U.S. manufacturing expansion, technology investments and policy-driven opportunities as demand visibility strengthens through 2030.
First Solar NASDAQ: FSLR reported record second-quarter and first-half sales volume for 2026, with quarterly net sales exceeding $1 billion and gross margin expanding to about 57%, as the company continued to prioritize domestic manufacturing and disciplined contracting amid evolving U.S. trade policy.
First Solar (FSLR) came out with quarterly earnings of $3.92 per share, beating the Zacks Consensus Estimate of $2.74 per share. This compares to earnings of $3.18 per share a year ago.
The solar technology company said customer contract cancellations offset an increase in module sales to third parties.
FSLR heads into Q2 earnings with US manufacturing strength and a $14.4 billion backlog, while lower overseas production could weigh on margins.
Two US energy records are landing simultaneously, telling the same story. American solar farms just produced their highest monthly output ever, up 21% from a year earlier, according to Energy Information Administration data.