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 ...

Key TakeawaysFirst Solar shares jumped 15% on Wednesday, leading a broader rally for clean energy stocks, amid investor optimism about the sector in the wake of the previous night's presidential debate between Kamala Harris and Donald Trump.Wednesday’s jump from a saucer pattern's neckline occurred on the highest share turnover since late June and saw the price close above the closely-watched 50-day moving average, indicating conviction behind the buying.Investors should watch important overhead price level ...

Key TakeawaysFirst Solar led gains on the S&P 500 Wednesday as solar stocks got a boost on the heels of Tuesday's presidential debate between former President Donald Trump and Vice President Kamala Harris.During the debate, Trump said Harris would “go back to solar,” if she wins the presidency, and added he’s “a big fan of solar,” according to an ABC News transcript. First Solar shares popped more than 15% Wednesday, while SolarEdge Technologies gained over 8%, and Enphase Energy added nearly 6%. First Sola ...

Key Takeaways The S&P 500 gained 1.1% on Wednesday, Sept. 11, as investors weighed the implications of the latest CPI data and Tuesday evening's presidential debate. Shares of First Solar and other green energy companies soared after energy was a topic of debate among candidates Tuesday. Humana shares tumbled as analysts said Medicare insurers could face pressure in the event of a Democratic presidential victory. Major U.S. equities indexes recovered from early losses to close Wednesday's session higher. Th ...

The Democratic Party's candidate said all the words a handful of investors needed to hear.A solid day for the overall market was a great day for stocks found in the alternative energy sector. Shares of solar panel maker First Solar (FSLR 15.19%) rallied 15.2%, followed closely by Sunrun (RUN 11.34%) and Solar Edge (SEDG 8.46%), which ended the day's session 8.5% higher. Nuclear energy-related names like Cameco (CCJ 6.05%) and Uranium Energy (UEC 12.36%) jumped as well, with the latter rising 11.9% during to ...

Justin Paget In our previous coverage of First Solar, Inc. (NASDAQ:FSLR), we identified the company’s shift from Solar Power Systems to the more profitable and larger Solar Modules market. Second, we examined the positive solar market outlook supported by government policies, incentives, increasing efficiency, and decreasing costs which we believed First Solar could leverage. Subsequently, we also identified the potential benefit of expanded US tariffs on Chinese firms producing in Southeast Asia. In th ...

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 has had a solid year, rising by about 30% year-to-date. In comparison, Enphase Energy stock, another solar component player, has seen its stock decline by 8% over the same period. First Solar stock has been benefiting from several facto ...

A month has gone by since the last earnings report for First Solar (FSLR) . Shares have added about 5.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is First Solar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. First Solar Q2 Earnings Beat Estimates, Sales Rise Y/ ...