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Should You Buy, Hold or Sell First Solar Stock Before Q1 Earnings?
ZACKS· 2025-04-25 12:30
First Solar, Inc. (FSLR) is scheduled to release first-quarter 2025 results on April 29, after market close. The Zacks Consensus Estimate for first-quarter revenues is pegged at $851.9 million, implying a 7.3% improvement from the year-ago reported figure. The consensus mark for earnings is pegged at $2.49 per share, suggesting a 13.2% increase from $2.20 reported in the prior-year quarter. The bottom-line estimate has, however, moved down 34.1% in the past 60 days. (Find the latest EPS estimates and surpri ...
Nextracker (NXT) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2025-04-23 22:50
Prior to today's trading, shares of the solar energy equipment supplier had lost 10.73% over the past month. This has lagged the Oils-Energy sector's loss of 10.69% and the S&P 500's loss of 6.57% in that time. The investment community will be paying close attention to the earnings performance of Nextracker in its upcoming release. The company's earnings per share (EPS) are projected to be $0.98, reflecting a 2.08% increase from the same quarter last year. Simultaneously, our latest consensus estimate expec ...
Enphase Energy (ENPH) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-22 22:25
Core Insights - Enphase Energy reported quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.71 per share, but showing an increase from $0.35 per share a year ago, resulting in an earnings surprise of -4.23% [1] - The company posted revenues of $356.08 million for the quarter, missing the Zacks Consensus Estimate by 1.65%, and up from $263.34 million year-over-year [2] - Enphase Energy shares have declined approximately 24.8% year-to-date, compared to a 12.3% decline in the S&P 500 [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.81 on revenues of $379.09 million, and for the current fiscal year, it is $3.28 on revenues of $1.54 billion [7] - The estimate revisions trend for Enphase Energy is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The solar industry, to which Enphase Energy belongs, is currently ranked in the bottom 25% of over 250 Zacks industries, which may negatively impact stock performance [8] - First Solar, another company in the solar industry, is expected to report quarterly earnings of $2.59 per share, reflecting a year-over-year increase of 17.7%, with revenues projected at $851.85 million, up 7.3% from the previous year [9][10]
Complete Solaria, Inc. Announces Rebrand as SunPower
GlobeNewswire News Room· 2025-04-21 12:00
OREM, Utah, April 21, 2025 (GLOBE NEWSWIRE) -- Complete Solaria, Inc. d/b/a SunPower ("SunPower" or the "Company") (Nasdaq: CSLR), a leading solar technology, services, and installation company, today announced it is rebranding as SunPower. The company's ticker symbol will change from "CSLR" and "CSLRW" to "SPWR" and "SPWRW", respectively, effective April 22, 2025. SunPower was founded in April 1985, came public in 2005 and broke the $1 billion revenue barrier in 2008. Since its inception 40 years ago, the ...
Aurora Solar Technologies - Corporate Update
Newsfile· 2025-04-16 21:00
Core Insights - Aurora Solar Technologies Inc. provides a corporate update highlighting recent developments in strategic growth initiatives, technology, sales, and financing through its subsidiary BT Imaging Pty Ltd [1] Strategic Growth Initiatives - The company secured its first inline commercial order for the Intelligent PL Solutions platform, validating its growth strategy [2] - A second major testing collaboration is underway with a Tier 1 solar industry leader in China, which could lead to the first large-scale commercial order by Q4 2025 [3] - Strategic partnership discussions are initiated with leading solar companies to enhance market access and drive long-term shareholder value [3] Sales and Market Outlook - Sales are expected to improve in fiscal 2026 due to expanded capabilities and geographic expansion into India, the Middle East, and the U.S. [4] - The solar industry faces short-term uncertainties due to global macroeconomic challenges, but long-term fundamentals remain strong [11] - Fiscal 2025 sales reflect broader headwinds, yet the company is refining its sales strategy to focus on high-growth technologies [12] Technology and Product Development - The inline Intelligent PL Solutions platform enhances solar cell manufacturing through real-time defect imaging and advanced measurements [5] - The company has made significant progress in commercializing its platform, with a successful demonstration leading to its first commercial order [6] - The platform supports quality assurance and rapid identification of module defects, improving bankability for solar manufacturers [5][6] Financing and Capital Structure - Over C$2,000,000 in non-dilutive funding has been secured through various financing facilities and government grants [4] - The company secured an AUD 1,635,000 facility with Paddington Street Finance to support its growth strategy [21] - A government grant of AUD 600,000 is expected to support development activities and reduce near-term capital requirements [20] Leadership and Innovation - Recent leadership appointments aim to enhance the company's technical foundation and align with growth objectives [17] - A long-term Intellectual Property and Services Agreement with the University of New South Wales has been finalized to support product innovation [19] - The company is well-positioned to lead the transition toward data-driven solar manufacturing through its Intelligent PL Solutions platform [18]
Enphase Energy: Dropping My Price Target, But Shares Washed Out
Seeking Alpha· 2025-04-16 06:26
Group 1 - The S&P 500 has experienced a decline in 2025, significantly impacting various industries, particularly clean energy, which had previously thrived during the Trump administration [1] - The Invesco Solar ETF, a major player in the clean energy sector, has not performed well in recent months, contrasting with its strong performance from late 2016 through 2020 [1]
Are Oils-Energy Stocks Lagging Expand Energy Corporation (EXE) This Year?
ZACKS· 2025-04-15 14:46
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has Expand Energy (EXE) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.Expand Energy is one of 247 companies in the Oils-Energy group. The Oils-Energy group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector grou ...
Enphase: This Investment Doesn't Come Without Risk
Seeking Alpha· 2025-04-15 09:07
Core Viewpoint - The article suggests that investors should be cautious about Enphase (NASDAQ: ENPH) despite the solar industry's anticipated high growth rates [1] Company Analysis - Enphase is identified as a company that may be undervalued with significant upside potential, attracting value dividend investors [1] - The author emphasizes a long-term investment strategy focused on growth dividend companies, indicating a belief in the potential for substantial returns over time [1] Industry Outlook - The solar industry is projected to experience robust growth, which could present opportunities for companies within this sector, including Enphase [1]
SolarEdge Technologies (SEDG) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-04-02 23:20
Core Viewpoint - SolarEdge Technologies is experiencing positive stock performance, with a notable increase in share price and anticipated growth in earnings despite a slight decline in revenue projections [1][2]. Company Performance - The stock closed at $16.83, reflecting a gain of +0.87% from the previous session, outperforming the S&P 500's daily gain of 0.67% [1]. - Over the past month, shares have increased by 12.43%, significantly surpassing the Oils-Energy sector's gain of 3.06% and the S&P 500's loss of 5.28% [1]. Earnings Forecast - The upcoming earnings report is expected to show an EPS of -$1.26, indicating a growth of 33.68% compared to the same quarter last year [2]. - The consensus estimate for revenue is projected at $204.36 million, which represents a slight decline of 0.02% from the equivalent quarter last year [2]. Full-Year Estimates - For the full year, the Zacks Consensus Estimates predict earnings of -$3.07 per share and revenue of $1.04 billion, reflecting year-over-year changes of +86.65% and +11.97%, respectively [3]. Analyst Estimates - Recent adjustments to analyst estimates are being monitored closely, as they reflect the latest business trends and can indicate analysts' outlook on the company's health and profitability [4]. - The Zacks Rank system, which incorporates these estimate changes, currently ranks SolarEdge Technologies at 3 (Hold) [6]. Industry Context - The solar industry, part of the Oils-Energy sector, holds a Zacks Industry Rank of 83, placing it in the top 34% of over 250 industries [7]. - Research indicates that industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [7].
Solar(CSIQ) - 2024 Q4 - Earnings Call Transcript
2025-03-25 13:02
Canadian Solar (CSIQ) Q4 2024 Earnings Call March 25, 2025 08:00 AM ET Company Participants Wina Huang - Head of Investor RelationsShawn (Xiaohua) Qu - President, Chairman and Chief Executive OfficerYan Zhuang - Director and President of CSI SolarIsmael Arias - Chief Executive Officer of Recurrent EnergyXinbo Zhu - Senior VP & CFOColin Rusch - Managing Director - Head of Sustainable Growth & Resource Optimization ResearchMaheep Mandloi - DirectorVikram Bagri - Member Board of DirectorsBrian Lee - Vice Presi ...