First Solar, Inc.’s Stock Price Takes a Dip at $186.18, Records a 3.52% Decline

First Solar, Inc. (FSLR)

186.18 USD -6.80 (-3.52%) Volume: 5.97M

First Solar, Inc.’s stock price stands at 186.18 USD, experiencing a drop of -3.52% in the latest trading session with a trading volume of 5.97M. Despite the recent dip, FSLR’s stock has seen a promising YTD increase of +5.64%, reflecting its resilient market performance.

Latest developments on First Solar, Inc.

First Solar Inc stock price soared today after the Republican bill was not as bad as feared, leading to bullish expectations in the market. Analysts have been upgrading their ratings on First Solar, Inc (FSLR), with billionaire Ken Griffin also showing interest in the company’s midcap stock picks with huge upside potential. The surge in solar stocks followed a House GOP budget proposal that cuts but does not eliminate solar and wind tax credits, providing a sense of relief to investors. With various investment firms acquiring positions in First Solar, including Interval Partners LP and Morse Asset Management Inc, the stock has seen significant gains recently. Wolfe Research has upgraded First Solar stock rating, citing IRA benefits, while UBS has raised the price target to $255, indicating a positive outlook for the company.

First Solar, Inc. on Smartkarma

Analysts at Baptista Research have been bullish 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 opportunities and challenges faced by the company in the first quarter of 2025. With net bookings of 0.6 gigawatts and a contracted backlog of 66.3 gigawatts, First Solar’s module sales for the quarter aligned with previous forecasts.

Another report by Baptista Research focused on First Solar Inc‘s financial performance in 2024 and objectives for 2025. Titled “First Solar Inc.: Is The Expansion of U.S. Manufacturing Capacity A Positive Sign?”, the analysts noted a 27% increase in net sales to $4.2 billion in 2024, driven by robust demand for modules. Despite this positive trend, unexpected costs and operational inefficiencies led to diluted earnings per share missing the lower end of guidance at $12.02.

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 an overall positive outlook according to the Smartkarma Smart Scores. With a high score in Growth and Value, the company seems to be in a good position for long-term success. Its focus on designing and manufacturing solar modules using innovative technology gives it a competitive edge in the renewable energy industry.

Although First Solar Inc may not be the best choice for investors seeking dividends, its strong scores in Resilience and Momentum indicate that the company is well-positioned to weather economic uncertainties and maintain steady growth. With a solid foundation in place, First Solar Inc appears to have a promising future ahead in the solar 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