First Solar, Inc. (FSLR)
3 Clean Energy Stocks to Sell in August Before They Crash & Burn
The invention of clean energy has given many hope that it could be a future solution to nonrenewable energy sources and less pollutant energy production. Yet, the reality remains that each year the federal government spends billions of dollars to subsidize the industry.
Here is What to Know Beyond Why First Solar, Inc. (FSLR) is a Trending Stock
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.
3 Reliable Renewable Energy Stocks to Buy for Steady Returns
Renewable energy stocks haven't been able to withstand the market pressure and have shown high volatility over the past few quarters. Besides the surplus inventory, the political environment and macroeconomic situations have led to a profit drop.
First Solar: Strong Buy Amid Pullback And Q2 Outperformance (Rating Upgrade)
FSLR is expanding U.S. manufacturing capacity and benefiting from regulatory credits, positioning it as a key player against Chinese competitors and enabling strong fiscal 2024 and 2025 estimates. Attractive valuation with a forward PEG ratio of 0.46 and a P/E of 15.7, plus strong revenue growth. Anticipated market cap of $33B in 12 months, suggesting 45% stock growth. Risks include Chinese competition, potential U.S. policy changes, and supply chain disruptions. Despite these, FSLR remains a Strong Buy due to strategic growth and regulatory support.
3 High-Growth Stocks Trading at Fair Value
The explosion of artificial intelligence has made it quite difficult to find high-growth stocks trading at fair value. Chip stocks provide an excellent example of this truth, but it's widely applicable to all things tech and high growth currently.
First Solar Stock Is Priced for Perfection
First Solar is reporting great profits, but most of what's earned is from subsidies.
First Solar Stock: The Dawn of a New Rally in Share Prices
First Solar's NASDAQ: FSLR stock price was corrected to lower levels in early summer because of mounting concerns centered on political risk, but its operational quality continues to shine. The upcoming election threatens the solar market in several ways but nothing to offset the growing demand for solar power generation and the secular tailwind that has begun to blow.
First Solar Sees Strong Growth From Data Center Demand But Faces Policy Uncertainties: Analysts Opine On Q2 Performance
Goldman Sachs analyst Brian Lee reiterated a Buy rating on First Solar, Inc FSLR with a price target of $311, up from $302.
First Solar (FSLR) Q2 Earnings Beat Estimates, Sales Rise Y/Y
First Solar's (FSLR) second-quarter sales and earnings top estimates. The company's 2024 EPS outlook remains unchanged.
First Solar's Earnings Beat Throws Water on Trump Trade Fears. The Stock Climbs.
The solar-panel maker's strong earnings could be a sign that the market's concerns about the solar industry aren't that bad after all.
First Solar, Inc. (FSLR) Q2 2024 Earnings Call Transcript
First Solar, Inc. (NASDAQ:FSLR ) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Jon Windham - UBS Andrew Percoco - Morgan Stanley Mark Strouse - JPMorgan Brian Lee - Goldman Sachs Vikram Bagri - Citi Operator Good afternoon, everyone and welcome to First Solar's Second Quarter 2024 Earnings Call. This call is being webcast live on the Investors section of First Solar's website at investor.firstsolar.com.
First Solar (FSLR) Surpasses Q2 Earnings and Revenue Estimates
First Solar (FSLR) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $1.85 per share a year ago.
