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.
Investors interested in FSLR should wait for a better entry point, considering the stock's premium valuation and a downward revision in its near-term earnings estimates.
First Solar (NASDAQ: FSLR) has tanked nearly 60% in less than a year, much of which has been related to Trump's return to the White House. Investors have been concerned that President Donald Trump will pause funding for clean energy initiatives under the previous government's Inflation Reduction Act (IRA).
Corinne Blanchard, Deutsche Bank clean tech analyst, joins 'Power Lunch' to discuss her bull case for First Solar.
First Solar benefits from the Inflation Reduction Act but faces headwinds from potential Trump policies and China's export controls, impacting stock sentiment. Despite strong revenue growth and a healthy balance sheet, FSLR reported a mixed 4Q FY2024, missing earnings estimates due to warranty costs from Series 7 shipments. While a potential cut to 45X tax credits would largely impact cash flow, I believe earnings will not be significantly affected in the near term.
First Solar (FSLR) closed the most recent trading day at $128.46, moving -0.68% from the previous trading session.
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.
In this video, Motley Fool contributors Jason Hall and Tyler Crowe discuss why First Solar (FSLR -0.23%) has been a rare winner in solar stocks, and why it's set to continue winning.
First Solar (FSLR) concluded the recent trading session at $132.51, signifying a -0.23% move from its prior day's close.
First Solar is significantly undervalued amid policy fears; robust U.S. revenue exposure (93%), strategic agility, and tariff protection under Trump strongly support ~90% upside through 2026. Despite IRA uncertainty, the Trump administration's likely long-term geopolitical support and recognition of solar's role in U.S. energy independence and economic stability favor First Solar's near-term growth. First Solar's deep oversold sentiment (RSI ~28), growing quarterly earnings, and proactive supply chain considerations position it well as a geopolitical and financial winner through 2026.
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 (FSLR -3.54%) expects to grow in 2025 as production at its solar plants increases, but there's a warning hiding on the bottom line. Profits are driven by subsidies, as Travis Hoium highlights in this video.