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First Solar, Inc.’s Stock Price Plummets to $164.92, Recording a 7.59% Drop: Market Analysis and Predictions

First Solar, Inc. (FSLR)

164.92 USD -13.54 (-7.59%) Volume: 10.86M

First Solar, Inc.’s stock price is currently at 164.92 USD, experiencing a -7.59% change this trading session with a trading volume of 10.86M, and a YTD performance decline of -6.42%, illustrating the company’s current market dynamics and stock performance trends.


Latest developments on First Solar, Inc.

First Solar Inc. stock faced underperformance compared to its competitors as the Trump tax bill advanced with the potential for an earlier end to tax credits, causing concerns among investors. Despite a 39% lift in shares, there are lingering worries about the tax credit timeline impacting the stock price. Analyst reviews are mixed, with some firms adjusting price targets upwards while others decrease their stock positions in First Solar. The market movement reflects uncertainties surrounding clean energy tax credits and the impact of political decisions on solar companies, leading to a slump in solar stocks overall. With GOP targeting an earlier end to tax credits, First Solar faces a potential decline in the future. Despite some positive developments, such as a new investment in the company by SIR Capital Management L.P., the stock price remains volatile as investors navigate through changing market dynamics.


First Solar, Inc. on Smartkarma

Analysts at Baptista Research have been closely following First Solar Inc‘s performance, providing insights on the company’s financial results and strategic moves. In a recent report titled “First Solar’s Flexible Production Strategy Is a Game-Changer—These 4 Elements Are Propelling The Company Forward!”, the analysts highlighted the company’s first-quarter 2025 earnings, showcasing a mix of opportunities and challenges. Despite facing some hurdles, First Solar achieved significant net bookings and maintained a sizable contracted backlog, indicating a promising future for the company.

In another report by Baptista Research titled “First Solar Inc.: Is The Expansion of U.S. Manufacturing Capacity A Positive Sign?”, analysts discussed the company’s financial performance in 2024 and outlined objectives for 2025. While First Solar experienced robust demand and a substantial increase in net sales in 2024, there were some concerns regarding operational inefficiencies that impacted earnings per share. Overall, the analysts remain bullish on First Solar’s prospects, emphasizing the positive impact of the company’s expansion of U.S. manufacturing capacity on its long-term growth trajectory.


A look at First Solar, Inc. Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

First Solar Inc has received high scores in Growth and Momentum, indicating a positive long-term outlook for the company. With a score of 5 in Growth, the company is expected to expand and increase its market share in the future. Additionally, a score of 5 in Momentum suggests that the company is currently performing well in the market and is likely to continue its upward trend.

Although First Solar Inc scored low in Dividend at 1, it received strong scores in Value and Resilience at 4 each. This indicates that the company is considered to be undervalued and has the ability to withstand economic downturns. With a solid foundation in place, coupled with high scores in Growth and Momentum, First Solar Inc seems well-positioned for long-term success in the solar industry.

### First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules. ###


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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