First Solar, Inc.’s Stock Price Takes a Dip to $155.73, Records a 1.67% Decrease

First Solar, Inc. (FSLR)

155.73 USD -2.65 (-1.67%) Volume: 3.83M

First Solar, Inc.’s stock price stands at 155.73 USD, experiencing a slight dip of -1.67% in the recent trading session with a trading volume of 3.83M. Despite this, the company’s year-to-date performance reveals a decrease of -11.64%, making it an interesting prospect for investors studying the renewable energy sector.

Latest developments on First Solar, Inc.

Recent events have seen a surge in the stock price movements of First Solar Inc (NASDAQ:FSLR). Quantinno Capital Management LP has increased its position in the company, while Gulf States Automation received the Project of the Year award for the First Solar DRT1 Facility. Amidst the solar market mayhem, First Solar has been highlighted as the place to hide, attracting investments from various firms such as GF Fund Management CO. LTD., Amiral Gestion, UBS AM, Ulysses Management LLC, JT Stratford LLC, Twinbeech Capital LP, Royal Bank of Canada, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. However, Toronto Dominion Bank decreased its stock position in First Solar, causing shares to gap down. With these developments, investors are closely monitoring First Solar’s stock performance to gauge its future trajectory.

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 how the company’s first-quarter 2025 earnings revealed both opportunities and challenges. With net bookings of 0.6 gigawatts and a contracted backlog of 66.3 gigawatts, First Solar’s module sales for the quarter met previous forecasts, indicating a positive outlook for the company.

Another report by Baptista Research focused on the expansion of U.S. manufacturing capacity by First Solar Inc. Titled “First Solar Inc.: Is The Expansion of U.S. Manufacturing Capacity A Positive Sign?”, the analysts discussed the company’s financial performance in 2024 and objectives for 2025. Despite a 27% increase in net sales to $4.2 billion in 2024 and record module sales of 14.1 gigawatts, lower-than-expected diluted earnings per share of $12.02 were attributed to unforeseen costs and operational inefficiencies. Overall, the analysts maintain a bullish sentiment on First Solar Inc.

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 received high scores in Growth and Momentum according to Smartkarma Smart Scores. This indicates a positive long-term outlook for the company in terms of its potential for growth and its current market momentum. With a strong focus on innovation and market performance, First Solar Inc is positioned well for future success.

Although First Solar Inc scored low in Dividend, the company received solid scores in Value and Resilience. This suggests that while investors may not see high dividend payouts, the company is considered to have good value and resilience in the face of market challenges. Overall, First Solar Inc‘s Smart Scores point towards a promising future for the company in the solar module manufacturing 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.
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