First Solar (FSLR) has been drawing significant interest from potential investors. Despite the company
suffering weaker than expected earnings, the solar energy manufacturer showed positive signs with a Q1 2024 earnings beat and
increased year on year sales. FSLR's decision to acquire European solar tech firm
Evolar AB also indicates future growth potential. Analysts maintain a predominant 'Moderate Buy' outlook, with a price target raised to $209 at Mizuho. However, the stock has been volatile, experiencing periods of both growth and decline, indicating possible uncertainty in the market. Investors are also closely tracking FSLR for any movements, likely due to its status as a value stock. Additionally, FSLR's Director undertaking an insider sale of stocks could indicate potential concerns about the company's future. Meanwhile, the company continues to fare well in stock ratings, giving it a competitive edge over its rivals in the solar energy sector. The launch of a
3.3 GW manufacturing facility in India could mark a significant expansion in FSLR's operations. The company has also secured a long-term PPA with Cleantech Solar which, coupled with other strategic moves, suggests an optimistic future for First Solar.
First Solar FSLR News Analytics from Thu, 12 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 19:46:32 GMT -
Rating 2
- Innovation 8
- Information 5
- Rumor -1
