Market Movers

First Solar, Inc.’s Stock Price Soars to $139.10, Marking an Impressive 4.50% Increase

First Solar, Inc. (FSLR)

139.10 USD +5.99 (+4.50%) Volume: 3.78M

First Solar, Inc.’s stock price is currently performing at 139.10 USD, witnessing a positive trading session with a percentage change of +4.50%. Despite a significant trading volume of 3.78M, the stock has experienced a year-to-date percentage change of -21.07%, indicating a volatile market performance.


Latest developments on First Solar, Inc.

First Solar Inc. (NASDAQ:FSLR) has been making waves in the stock market recently, with various investments and stock movements catching the attention of investors. Natural Investments LLC made a significant $1.75 million investment in the company, while SPX Gestao de Recursos Ltda also invested $2.64 million. Despite some insider selling, including the chief supply chain officer and chief manufacturing officer selling stock, First Solar’s stock price has seen an increase of 4.6% and 5.1% on different occasions. With key players like Charles Schwab Investment Management Inc. and Amundi buying shares, the company’s stock price has been fluctuating. However, with concerns about plunging stock prices in 2025, investors are keeping a close eye on First Solar’s market dynamics and options.


First Solar, Inc. on Smartkarma

Analysts from Baptista Research on Smartkarma have recently published a research report on First Solar Inc. The report titled “First Solar Inc.: Expansion of Global Manufacturing Capabilities Is A Key Growth Catalyst? – Major Drivers” discusses the company’s third-quarter financial results for 2024. Despite facing challenging market conditions and operational setbacks, First Solar managed to achieve a net sales of $0.9 billion during the quarter. However, the decrease in megawatt volume sold and a $50 million product warranty charge related to manufacturing issues in their Series 7 product line impacted the company’s performance. Additionally, the report highlights a decline in cash reserves due to capital expenditure on new facilities and an increase in working capital.


A look at First Solar, Inc. Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.4

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, a company that designs and manufactures solar modules, has received a promising overall outlook based on the Smartkarma Smart Scores. With a high score in Growth and Resilience, the company is positioned well for long-term success in the renewable energy industry. While the Dividend score is lower, the strong performance in Value and Momentum factors suggest a positive trajectory for First Solar Inc in the coming years.

Utilizing the Smartkarma Smart Scores, First Solar Inc stands out with its impressive scores in Growth and Resilience, indicating a bright future ahead. The company’s focus on designing and manufacturing solar modules using innovative thin film semiconductor technology positions it as a key player in the solar energy market. With strong scores in Value and Momentum as well, First Solar Inc is poised for sustained growth and success in the industry.


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.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars