First Solar, Inc. (FSLR) has been experiencing significant fluctuations, despite a general optimism about its potential. The company has attracted substantial investments, as AGF Management Ltd., Lbp Am Sa, and Banco Santander S.A. have all increased their stakes in the solar company. As well, the likes of Amundi and Edgestream Partners L.P. have purchased sizeable quantities of FSLR shares. First Solar also aims for a $20 EPS in 2025 following an impressive 27% revenue growth. Despite a softer performance in Q4 earnings versus estimates, the firm did log unprecedented sales which prompted some to tout the stock as a worthwhile buy. Argus recently lowered its price target to $175 from $250 but maintained its buy rating on the stock, despite its current dip to a 52-week low. The company has also initiated legal action against JinkoSolar for patent infringement cases. The market dynamics and a solid bullish case theory suggest the current dip in share prices could be a gateway for an extensive rebound in the near future.
First Solar FSLR News Analytics from Fri, 03 Jan 2025 08:00:00 GMT to Sun, 16 Mar 2025 01:10:27 GMT -
Rating 4
- Innovation 3
- Information 5
- Rumor 2
