First Solar, Inc.’s Stock Price Soars to $166.01, Witnessing a Robust 3.60% Uptick in Performance

First Solar, Inc. (FSLR)

166.01 USD +5.77 (+3.60%) Volume: 3.01M

First Solar, Inc.’s stock price stands at 166.01 USD, reflecting a positive trading session with a rise of +3.60%. Despite a trading volume of 3.01M and a year-to-date percentage change of -6.01%, FSLR’s stock performance continues to attract investors.

Latest developments on First Solar, Inc.

First Solar, Inc. (NASDAQ:FSLR) has been making headlines recently with key events leading up to today’s stock price movements. Robeco Institutional Asset Management B.V. has increased its stock position in First Solar, while the Zacks Analyst Blog has highlighted the company alongside other industry players. Investors are eagerly awaiting the announcement of Fourth Quarter and Full Year 2024 financial results and 2025 financial guidance on February 25, 2025. Analyst Jim Cramer has praised First Solar as ‘absolutely terrific’ and ‘very inexpensive’, drawing attention to the company’s critical Q4 results and 2025 strategic vision. With price target adjustments by analysts at Bank of America and Barclays, as well as insights from financial analysts, the market is closely monitoring First Solar’s performance. Despite recent fluctuations, UBS maintains a Buy rating on First Solar stock with a $360 target, indicating optimism for the company’s future prospects.

First Solar, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely monitoring First Solar Inc‘s performance. In their research reports, they highlighted the company’s challenges and successes. For example, in a report titled “First Solar Inc.: Expansion of Global Manufacturing Capabilities Is A Key Growth Catalyst? – Major Drivers,” Baptista Research discussed how First Solar reported mixed results in the third quarter of 2024. Despite facing market difficulties and operational setbacks, the company achieved a net sales of $0.9 billion. However, a decrease in megawatt volume sold and a product warranty charge of $50 million impacted their financials.

Furthermore, in another report titled “First Solar Inc.: Domestic Market Expansion Through Government Incentives & Other Major Drivers,” Baptista Research highlighted First Solar’s efforts to strengthen its business fundamentals in the second quarter of 2024. The company reported solid operating and financial results, including an earnings per share of $3.25 and a net cash balance of $1.2 billion. Despite these positive results, external uncertainties such as policy changes and supply conditions could pose risks to First Solar’s future performance, as noted by the analysts.

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 has a promising long-term outlook, with high scores in Growth and Value. The company’s strong focus on growth potential and solid value proposition bode well for its future performance. Additionally, its Resilience score indicates a good ability to weather market challenges. However, the low score in Dividend and Momentum suggests some areas for improvement in terms of shareholder returns and market momentum.

First Solar Inc, a company that designs and manufactures solar modules using thin film semiconductor technology, seems well-positioned for long-term success. With a strong emphasis on growth and value, the company appears to have a solid foundation for future growth. Its resilience score further reinforces its ability to withstand market pressures. While there may be room for improvement in terms of dividends and momentum, overall, First Solar Inc shows promise in the renewable energy sector.

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