Related posts
Stocks extend rebound3 Energy Stocks: The safe, the spec and the ETFGeorgia run-off triggers rally, limited by coup attemptThis summary was created by AI, based on 11 opinions in the last 12 months.
First Solar Inc. (FSLR-Q) is a rare solar panel company that is making money by focusing on the commercial side of the industry. The company has been benefitting from tax credit incentives and has been reporting strong earnings, exceeding analyst expectations. Despite suffering from higher costs in raw materials and shipping, the company has an optimistic outlook for the future with high projected EPS and a growing order backlog. Shares have pulled back, making it an attractive investment. Overall, FSLR is seen as a strong player in the solar industry with a promising future.
One of the few solar stocks that makes money. Have suffered from higher costs in raw materials and shipping, so reported a loss last year. This year, they are guiding for a high $7-8 EPS and $13 EPS in 2024. Trades at a cheap 12x 2024 PE. They sell to commercial customers much more than homeowners, so is less exposed to higher rates. Demand for products is high with orders through 2026. They make a superior product, using 98% fewer semi materials than their peers, therefore cheaper to produce. Shares have pulled back, so attractive.
Likes it because it's one of the few solar panel companies that is actually profitable. Shares are up 30% YTD, despite weakness in the group. It's best in breed.
First Solar Inc. is a American stock, trading under the symbol FSLR-Q on the NASDAQ (FSLR). It is usually referred to as NASDAQ:FSLR or FSLR-Q
In the last year, 6 stock analysts published opinions about FSLR-Q. 6 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for First Solar Inc..
First Solar Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for First Solar Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered First Solar Inc. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, First Solar Inc. (FSLR-Q) stock closed at a price of $168.8.
It reports Tuesday. Is a rare solar panel company that's making money. Their business lies in the commercial, not residential side of the industry (which relies more on interest rates). A trade.