Recent reports detail a mixed outlook on First Solar (FSLR). The company has been hit harder than general markets, with insider sales impacting stock performance. However, there are claims that it could potentially be the best alternative energy stock. Some major investors such as Mirova US LLC and Hightower Advisors LLC, have increased their holdings in First Solar. While Q4 earnings demonstrated significant sales growth, the figures weren't as expected, leading to stock price drops. CEO Mark R. Widmar's sale of significant shares brought First Solar's stock price down, and announcements of legal action against rival manufacturer JinkoSolar could impact future stability. Market shifts dropped First Solar stock to a 52-week low, but growth in annual earnings triggered a 16% price rise. Various analysts foresee a strong rebound and the company's stock value is considered undervalued. The firm aims for $20 EPS by 2025 after 27% revenue growth.
First Solar FSLR News Analytics from Tue, 24 Dec 2024 08:00:00 GMT to Sat, 22 Mar 2025 22:37:06 GMT -
Rating 1
- Innovation -1
- Information 5
- Rumor -6
