First Solar Remains A Viable Solar Investment, Despite The Silicon Headwinds

Pavel Babic We previously covered First Solar, Inc. (NASDAQ:FSLR) in January 2024, discussing how its utility-scale solar panels remained in hot demand, with its growing backlog extended through 2030 at favorable ASPs. Combined with the bottomed solar investment thesis and the normalizing macroeconomic outlook, we maintained our Buy rating for the stock then. In this article, we shall discuss why we are maintaining our optimistic view surrounding FSLR's cadmium telluride investment thesis, despite the inten ...