Streetbeat News

FSLR

First Solar, Inc.

https://www.firstsolar.com

Industry

Solar

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Open

194.59

Mkt cap

20B

Volume

4.1M

High

203.92

P/E Ratio

16.40

52-wk high

306.77

Low

190.13

Div yield

N/A

52-wk low

135.88

Shares of solar stocks, including ENPH, FSLR, NOVA, and RUN, are trading lower following the attempted assassination of Donald Trump, which has pressured stocks that could be impacted from a Trump presidency.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 1:18 pm

U.S. stocks are set for a positive start ahead of Federal Reserve Chairman Jerome Powell's speech and key earnings reports. Futures for major indices are up, with the SPDR S&P 500 ETF Trust (SPY) and Invesco QQQ ETF (QQQ) showing gains in premarket trading. Trump Media & Technology Group Corp. (DJT) surged over 50% following improved odds for Donald Trump. Crypto-linked stocks like Coinbase Global, Inc. (COIN) rallied, while solar stocks Sunrun Inc. (RUN) and First Solar, Inc. (FSLR) fell. Goldman Sachs Group, Inc. (GS) and BlackRock, Inc. (BLK) are set to announce quarterly results.

Portfolio Pulse from Shanthi Rexaline

July 15, 2024 | 11:52 am

Top Wall Street analysts have updated their price targets and ratings for several major stocks, including Tesla, On Holding, NIKE, Reliance, Summit Materials, First Solar, Lululemon, First Foundation, Charter Communications, and Walgreens Boots Alliance. These changes could impact the short-term stock prices of these companies.

Portfolio Pulse from Avi Kapoor

July 03, 2024 | 1:17 pm

Susquehanna analyst Biju Perincheril maintains a Positive rating on First Solar (NASDAQ:FSLR) and raises the price target from $258 to $285.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 11:04 am

Top Wall Street analysts have updated their outlooks on several major stocks, including Atlassian, Universal Display, First Solar, CrowdStrike, Spotify, Costco, Deere, Walgreens, Netflix, and Advance Auto Parts. These updates include both price target increases and decreases, as well as rating changes.

Portfolio Pulse from Avi Kapoor

July 02, 2024 | 5:53 pm

First Solar shares are trading lower after Baird maintained an Outperform rating but lowered its price target from $344 to $307.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 4:28 pm

Baird analyst Ben Kallo maintains an Outperform rating on First Solar (NASDAQ:FSLR) but lowers the price target from $344 to $307.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:37 am

The S&P 500 Index has gained 14.48% this year, driven by expectations of Federal Reserve rate cuts, strong corporate earnings, and optimism over AI technology. The SPDR S&P 500 ETF Trust (SPY) ended the latest session down 0.39%. Analysts are optimistic about further gains, with Evercore ISI predicting the index will end the year at 6,000. The top performers include Super Micro Computer (SMCI), Nvidia (NVDA), and Vistra (VST), while laggards include Walgreens Boots Alliance (WBA) and Lululemon Athletica (LULU). Analysts expect underperformers to rebound if the Fed cuts rates in September.

Portfolio Pulse from Shanthi Rexaline

June 30, 2024 | 10:02 pm

Wall Street saw a mixed session with major indices slightly lower despite positive inflation data. The PCE price index fell to its lowest level since March 2021, aligning with economists' predictions and reinforcing expectations for potential interest rate cuts. Energy stocks outperformed, likely due to Trump's strong debate performance, while Treasury yields rose. Key movers included Nike, Petco, Baker Hughes, and First Solar.

Portfolio Pulse from Piero Cingari

June 28, 2024 | 5:31 pm

Shares of EV, solar, and clean energy stocks are trading lower, possibly in reaction to Thursday's presidential debate.

Portfolio Pulse from Bill Haddad

June 28, 2024 | 5:27 pm

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