First Solar, Inc.’s Stock Price Soars to $156.21, Marking a Stellar 11.04% Increase in Performance

First Solar, Inc. (FSLR)

156.21 USD +15.53 (+11.04%) Volume: 11.99M

First Solar, Inc.’s stock price soared to 156.21 USD, marking a significant trading session increase of +11.04%, with a robust trading volume of 11.99M. Despite a YTD decrease of -11.37%, FSLR’s performance demonstrates strong market resilience and potential for growth.

Latest developments on First Solar, Inc.

First Solar Inc. (NASDAQ:FSLR) has had a mixed day in trading recently, with its stock outperforming competitors despite revising annual guidance downward. Rep. Robert Bresnahan, Jr. made headlines by selling off some shares, while FORA Capital LLC acquired a significant number of shares. On the other hand, BNP Paribas and Axa S.A. sold off shares, showing a diverse range of investor sentiment. However, Encompass Capital Advisors LLC and Baird Financial Group Inc. increased their holdings, indicating confidence in the company’s future. With bullish option activity surging, it seems that investors are closely watching First Solar for potential upside, especially with notable investors like billionaire Bruce Kovner showing interest.

First Solar, Inc. on Smartkarma

Analysts at Baptista Research have provided bullish coverage on First Solar Inc, highlighting the company’s flexible production strategy as a game-changer. In their report titled “First Solar’s Flexible Production Strategy Is a Game-Changer—These 4 Elements Are Propelling The Company Forward!”, they discussed the company’s first-quarter 2025 earnings, which showcased a mix of opportunities and challenges. First Solar achieved net bookings of 0.6 gigawatts and now holds a sizable contracted backlog of 66.3 gigawatts. The company’s module sales for the quarter totaled 2.9 gigawatts, in line with previous forecasts.

In another report by Baptista Research, analysts expressed optimism about First Solar Inc‘s expansion of U.S. manufacturing capacity. Titled “First Solar Inc.: Is The Expansion of U.S. Manufacturing Capacity A Positive Sign?”, the report discussed the company’s financial performance in 2024 and outlined objectives for 2025. Despite a mixed set of results in 2024, including a 27% increase in net sales to $4.2 billion, analysts noted that full-year diluted earnings per share of $12.02 fell short of guidance due to unexpected costs and operational inefficiencies. Overall, analysts remain bullish on First Solar’s prospects.

A look at First Solar, Inc. Smart Scores

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 mixed outlook based on the Smartkarma Smart Scores. While the company scores high in Growth, Value, and Resilience, with scores of 5, 4, and 4 respectively, it falls short in the Dividend and Momentum categories with scores of 1 and 3. This indicates that First Solar Inc may have strong long-term growth potential and financial stability, but may not be as attractive for investors seeking immediate returns or looking for a company with strong short-term momentum.

Overall, First Solar Inc seems well-positioned for long-term success in the solar energy industry, with high scores in key areas such as Growth and Value. However, investors should be aware of the lower scores in Dividend and Momentum, which may impact the company’s attractiveness to certain types of investors. With a focus on designing and manufacturing solar modules using thin film semiconductor technology, First Solar Inc has established itself as a key player in the renewable energy sector and is likely to continue to play a significant role in the industry’s growth in the coming years.

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.

💡 Before it’s here, it’s on Smartkarma