The latest trading session saw First Solar (FSLR) ending at $255.75, denoting a +0.04% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.13%. Elsewhere, the Dow saw an upswing of 0.33%, while the tech-heavy Nasdaq depreciated by 0.39%.Coming into today, shares of the largest U.S. solar company had gained 14.59% in the past month. In that same time, the Oils-Energy sector lost 4.69%, while the S&P 500 gained 2.43%.Investors will be eagerly watching f ...

Stock Movement and Power Inflow - First Solar Inc (FSLR) experienced a Power Inflow at 11:02 AM on September 26th, with the stock price at $248 87, indicating a potential uptrend and a bullish signal for traders [1] - The Power Inflow occurred within the first two hours of market open and is driven by institutional activity, helping gauge the stock's overall direction for the day [2] - After the Power Inflow, FSLR's stock reached a high of $256 48 and closed at $255 56, representing returns of 3 1% and 2 7% respectively [5] Order Flow Analytics - Order flow analytics involves analyzing buy and sell orders, including size, timing, and patterns, to gain insights and make informed trading decisions [2] - This method separates retail and institutional volume rates, providing valuable insights into market conditions and trading opportunities [2][3] - Incorporating order flow analytics into trading strategies can help improve trading performance by identifying opportunities and interpreting market conditions [3] Market Data and Updates - The market news and data in the article are provided by Benzinga APIs, with contributions from firms like Finit USA [4] - Real-time options trade alerts for FSLR are available through Benzinga Pro, allowing traders to stay updated on the latest market movements [3]

Truist Securities analyst Jordan Levy initiated the coverage on First Solar, Inc. FSLR with a Buy rating and price forecast of $300.The company’s technology, ongoing R&D investments, and substantial “contracted backlog” are key factors that strengthen First Solar’s competitive edge for both current and future module technology advancements, Levy says.While the broader utility-scale solar market remains volatile, First Solar presents investors with a compelling long-term growth profile, especially in light o ...

Company Overview - First Solar (FSLR) closed at $244.98, reflecting a -1.72% change from the previous trading day's closing, underperforming the S&P 500's 0.25% gain [1] - Over the past month, FSLR shares appreciated by 6.9%, outperforming the Oils-Energy sector's loss of 0.05% and the S&P 500's gain of 1.65% [1] Earnings Projections - The upcoming EPS for First Solar is projected at $3.31, indicating a 32.4% increase compared to the same quarter of the previous year [1] - Revenue is expected to be $1.13 billion, showing a 40.53% increase compared to the year-ago quarter [1] - Full-year Zacks Consensus Estimates forecast earnings of $13.62 per share and revenue of $4.49 billion, representing year-over-year changes of +75.97% and +35.43%, respectively [2] Analyst Estimates and Valuation - Recent changes to analyst estimates for First Solar are important as they reflect near-term business trends, with positive revisions indicating a favorable business outlook [2] - The Zacks Rank system, which assesses estimate changes, currently ranks First Solar at 3 (Hold) [3] - First Solar has a Forward P/E ratio of 18.3, which is a premium compared to the industry's average Forward P/E of 17.19 [3] - The company boasts a PEG ratio of 0.42, significantly lower than the average PEG ratio for the Solar industry, which stood at 1.94 [3] Industry Context - The Solar industry is part of the Oils-Energy sector and currently holds a Zacks Industry Rank of 177, placing it in the bottom 31% of all industries [4] - The Zacks Industry Rank assesses the strength of industry groups, indicating that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [4]

First Solar Inc. (FSLR) has established new benchmarks in the solar industry, as stated in its 2024 sustainability report, reinstating its position as the largest solar manufacturer in the Western Hemisphere and the world's largest high-value solar panel recycler. Notably, the company has achieved a record-high global average module material recovery rate of 95%. Moreover, FSLR's Series 6 Plus and Series 7 TR1 are the world's first solar panels to achieve the EPEAT Climate+ designation by meeting the ultra- ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Drs Producoes/E+ via Getty Images Solar stocks peaked just as the 117th Congress took control in early 2021. The blue wave from the 2020 elections was thought to be a boon for clean energy stocks, and there were some fundamental tailwinds, including the Inflation Reduction Act, American Rescue Plan Act, Infrastructure Investment and Jobs Act, and CHIPS and Science Act. Markets don’t always do what the political narrative dictates, however. Look no further than price action in the Invesco Solar ETF (TAN ...

VCG/Getty Images News First Solar: Spike In June, Then Bear Market Followed First Solar, Inc. (NASDAQ:FSLR) investors have endured a challenging three months, as the stock of the leading US solar technology company failed to regain the highs that it struck in June 2024. Accordingly, FSLR fell deep into a bear market through its August 2024 lows, down over 35%. First Solar's Q2 earnings release in late July 2024 likely calmed investors' nerves as the market reassessed its growth prospects amid heightened ...

Justin Paget It’s been an exciting few years for investors in solar electricity generation. The technology is getting better, and with the high cost of traditional fossil fuels, there is a lot of interest in renewable energy right now. Today I’d like to look at the world’s largest thin film photovoltaic solar module manufacture, First Solar (NASDAQ:FSLR), a company which has become a big deal among the solar players. The focus will be on the company’s growth and earnings prospects with a particularly cl ...

UKRAINE - 2021/04/19: In this photo illustration a First Solar logo of an US solar company is seen ... [+] on a smartphone and a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesFirst Solar stock rallied by nearly 15% during Wednesday’s trading, pushing its year-to-date gains to around 40%, in contrast to sector peer Enphase Energy , which remains down about 15% year-to-date. The surge comes on the heels of the recent presidenti ...