I am here to dive into why First Solar (NASDAQ: FSLR ) is an excellent buy in the renewable energy sector. The company stands out for its robust involvement in developing, financing, and operating solar power plants As an award-winning creative writer, I am continuing to craft my thoughts through financial analysis and investment strategies. I bring a comprehensive understanding of global markets to my role as an independent investor from my professional background. My academic foundation in business and ec ...

In the latest trading session, First Solar (FSLR) closed at $196.04, marking a +1.89% move from the previous day. This change outpaced the S&P 500's 0.22% gain on the day. Meanwhile, the Dow lost 0.33%, and the Nasdaq, a tech-heavy index, added 0.76%.The largest U.S. solar company's shares have seen a decrease of 20.4% over the last month, not keeping up with the Oils-Energy sector's loss of 11.32% and the S&P 500's gain of 1.47%.The investment community will be paying close attention to the earnings perfor ...

First Solar (FSLR) is scheduled to release third-quarter 2024 results on Oct. 29, after market close. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for revenues is pegged at $1.08 billion, implying a 34.6% improvement from the year-ago reported figure. The consensus mark for earnings is pegged at $3.16 per share, suggesting a 26.4% surge from $2.50 reported in the prior-year quarter. The bottom-line estimate has, however, moved down 4.2% in the past 60 ...

Wall Street expects a year-over-year increase in earnings on higher revenues when First Solar (FSLR) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 2 ...

First Solar Inc (NASDAQ:FSLR) stock is 2.3% higher at $200.77 this morning, after a bull note from Citi. The analyst upgraded the solar stock to "buy" from "neutral" and lifted its price target to $254 from $200, saying the firm should benefit regardless of who takes next month's U.S. presidential election.Drilling down today's options activity, FSLR is seeing 2 times the average intraday volume. Already today, 7,822 calls and 4,577 puts have crossed the tape, with the most activity taking place at the Janu ...

Core Insights - First Solar, Inc. is currently under investigation for potential claims related to its securities following a downgrade in earnings expectations by Jefferies analysts [2] Group 1: Earnings Expectations - Jefferies analysts have lowered their expectations for First Solar's third-quarter results, anticipating a slight miss due to lower volume compared to consensus [2] - Volume estimates for 2025 and 2026 have been reduced by 8% and 4% respectively, which is below the company's guidance for 2024 [2] Group 2: Stock Performance - Following the downgrade by Jefferies, First Solar's stock price experienced a significant decline, falling by $21.01 per share, or 9.29%, closing at $205.04 per share on October 10, 2024 [2] Group 3: Investigation Details - The investigation is focused on potential delays, the impact of Antidumping and Countervailing Duties on module pricing, and the strategy regarding selling excess Indian capacity into the U.S. market [2]

Shares of First Solar (NASDAQ: FSLR) experienced a sharp 9.29% decline on October 10. This setback comes after Jefferies and Bank of America (NYSE: BAC) equity analysts revised their price targets downward.Although both firms remain bullish overall in the long term, having reiterated their ‘Buy’ ratings, they expect significant short-term headwinds and setbacks — primarily due to labor shortages, regulatory pressures, and supply chain disruptions. Earlier this year, 13-F filings revealed a significant inves ...

There are several ways to examine the market and research new ideas that retail investors might suffer from analysis paralysis and avoid taking any views or exposure to what could have been a winning idea. To avoid falling into this behavioral tendency, one way to reverse engineer a potentially winning position is to watch out for 13-F filings.These are mandatory and regulatory filings that hedge funds and other investment entities must make every quarter. The objective is to inform the public about their c ...

A couple of different analysts have now voiced the same near-term worry, and think the stock could suffer.Shares of solar panel manufacturer First Solar (FSLR -9.30%) are down more than 9% headed into Thursday's close, upended by an analyst's lowered price target, the second such revision this week. Another solar power stock was also sent markedly lower today by a different analyst's downward price target adjustment for related reasons.Falling price targetsAlthough Jefferies analyst Dushyant Ailani still co ...

Volatility creates opportunity, and shares of First Solar (NASDAQ: FSLR ) have seen no shortage of volatility over the past year, ranging from as low as $129.22 to as high as $306.77 over the past 52 weeks. This volatility hasI look for wonderful businesses at fair prices that pay quality dividends. A quality dividend is one that is safe, expected to grow meaningfully, and part of an attractive total return. My research focuses on SWOT analysis, forward-looking information, and DCF and/or DDM valuation mode ...