First Solar (FSLR) stock has reached a decade-high, buoyed by optimism around AI trends and tariff scenarios. The firm’s stock is trending due to a variety of factors; UBS has predicted a surge in FSLR earnings up to 370% by 2027 given the increasing demand by tech giants for renewable energy to power AI. The stock soared over 18% after it was dubbed an AI play by analysts. Renewed US regulations and commitments by China against solar price wars have further fueled FSLR's momentum. UBS and JPMorgan Chase have increased FSLR's stock price target, affirming its solid market standing. The company has been declared the most valuable solar entity amid rivals' struggles, boasting a robust Composite Rating. Increased purchases of call options on FSLR signal high investor confidence. However, QRG Capital Management and Principal Financial Group have slashed their shares in the company. With Q1 2024 earnings exceeding estimates and higher demand driving quarterly profits, FSLR remains a top value stock for long-term investors. The company has also attracted immense attention for its unusual options activity and promising future prospects.
First Solar FSLR News Analytics from Fri, 24 Nov 2023 08:00:00 GMT to Fri, 24 May 2024 00:27:15 GMT -
Rating 9
- Innovation 8
- Information 9
- Rumor 7
