Ultime notizie per First Solar (NASDAQ:FSLR) Azioni

First Solar

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

First Solar Inc

FIRST SOLAR ORD

First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) has outperformed the market over the past 10 years by 2.49% on an annualized basis producing an average annual return of 14.22%. Currently, First Solar has a market capitalization of $22.15 billion. 
Buying $1000 In FSLR: If an investor had bought $1000 of FSLR stock 10 years ago, it would be worth $3,672.40 today based on a price of $206.94 for FSLR at the time of writing.
<h3>First Solar's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729180963_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

News

Trading Ideas

FSLR

If You Invested $1000 In This Stock 10 Years Ago, You Would Have $3,700 Today

Susquehanna analyst Biju Perincheril maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Positive and lowers the price target from $285 to $280.

Price Target

Analyst Ratings

Susquehanna Maintains Positive on First Solar, Lowers Price Target to $280

Roth MKM analyst Philip Shen maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy and lowers the price target from $320 to $280.

Roth MKM Maintains Buy on First Solar, Lowers Price Target to $280

ARM,QCOM,NVDA,MU,AMD,TSM,AVGO,NXPI,LRCX,INTC,ASML,ON,RMBS,LSCC,GFS,TSEM,SIMO,ADI,KLAC,MCHP,STM,AMAT

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Shares of chip stocks are trading lower in sympathy with ASML, which fell after issuing soft guidance. Some stocks in the sector may also be down on reports indicating the US is discussing curbing chip exports to some countries.

The stock of U.S.-listed&nbsp;Chinese&nbsp;companies gave up gains last week due to weakness. Chinese planning officials reportedly fell short of&nbsp;investor stimulus expectations, resulting in a dip after <a target="_blank" href="https://www.benzinga.com//node/41198527" rel="noreferrer noopener">two consecutive weeks of gains</a>.
These eleven large-cap stocks were the worst performers in the last week. Are they in your portfolio?
<ol>
<li>NetEase, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) stock plummeted 13.66%, giving up gains after two weeks of upmove.</li>
<li>Futu Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) stock dipped 13.25% after investors soured on China&#8217;s stimulus measures.</li>
<li>KE Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEKE#NYSE">BEKE</a>) shares were down 13.14%.</li>
<li>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares fell 12.91% last week following its Cybercab unveiling, with <a href="https://www.benzinga.com//node/41295072" target="_blank" rel="noreferrer noopener">investors assessing a potential</a> 2026 or 2027 timeline.</li>
<li>Toronto Dominion Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TD#NYSE">TD</a>) stock lost 10.52% last week <a href="https://www.benzinga.com//node/41271816" target="_blank" rel="noreferrer noopener">following a report suggesting</a> the company is expected to pay approximately $3 billion in penalties and face growth limits as part of an anti-money-laundering settlement.</li>
<li>Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) stock lost 9.48% last week after investors soured on China&#8217;s stimulus measures.</li>
<li>First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) stock fell 8.50% after Jefferies cut its price forecast <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings" target="_blank" rel="noreferrer noopener">from $271 to $266.</a></li>
<li>The AES Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>) share dipped 8.41%.</li>
<li>Align Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>) lost 8.00% last week after several analysts lowered the <a href="https://www.benzinga.com/quote/algn/analyst-ratings" target="_blank" rel="noreferrer noopener">price forecasts on the stock</a>.</li>
<li>NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares were down 7.83%, giving up gains after two weeks of upmove.</li>
<li>Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) shares declined 7.63%, giving up gains after two weeks of upmove.</li>
</ol>
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41304776/uber-microstrategy-and-robinhood-are-among-top-11-large-cap-gainers-last-week-oct-7-oct-11-are-the-o" target="_blank" rel="noreferrer noopener">Uber, MicroStrategy And Robinhood Are Among Top 11 Large Cap Gainers Last Week (Oct 7-Oct 11): Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Tesla

Movers

ALGN

BEKE

FUTU

NTES

TSLA

US Listed Chinese Stocks Give Up Gains - Li Auto, Tesla And Nio Are Among Top 11 Large Cap Losers Last Week (Oct 7-Oct 11): Are The Others In Your Portfolio?

SolarEdge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) saw its shares fall Thursday afternoon by 5.47% to $17.96, amid a sector-wide decline in clean energy stocks, after a price target reduction for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) sparked broader concerns about the <a href="https://www.benzinga.com/news/24/10/41277250/whats-going-on-with-first-solar-stock">solar energy industry</a>.
What Happened: Thursday&#8217;s decline began after Jefferies analyst Dushyant Ailani cut the price target for First Solar from $271 to $266, marking the second reduction in a week following B of A Securities' move to lower its target from $343 to $321 earlier. 
Although First Solar's downgrade was specific to the company's valuation, the ripple effects quickly spread across the solar sector, including SolarEdge, a key player in solar inverters and power optimization technologies.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41273615/tech-consumer-discretionary-stocks-fall-utilities-sector-outperforms-on-surprisingly-high-inflat">Tech, Consumer Discretionary Stocks Fall, Utilities Sector Outperforms On Surprisingly High Inflation, Jobless Claims Data</a>
While SolarEdge doesn't compete directly with First Solar in solar panel manufacturing, the fortunes of both companies are closely tied to overall demand in the solar market. 
A slowdown in growth or pricing pressure in the solar panel space could have downstream effects on SolarEdge's business, which relies on robust panel installations to fuel demand for its products.
What Else: As one of the world's largest providers of inverter and energy management solutions, SolarEdge plays a critical role in enabling the efficient conversion of solar energy to usable electricity. 
When negative signals emerge from the solar industry, such as the lowered price target for First Solar, it raises concerns about demand for SolarEdge's products, especially as it faces growing competition from domestic and international players.
If panel prices fall or installation volumes slow, SolarEdge could experience reduced demand for its power conversion and monitoring systems, impacting future growth prospects.
Read Also: <a href="https://www.benzinga.com/trading-ideas/24/10/41274987/how-to-watch-tesla-robotaxi-day-live-elon-musks-autonomous-vehicle-event-is-here">How To Watch Tesla Robotaxi Day Live: Elon Musk&#8217;s Autonomous Vehicle Event Is Here</a>
What To Watch For: In addition to industry-specific factors, broader economic concerns have cast a shadow over SolarEdge and the renewable energy sector. Thursday's Consumer Price Index (CPI) report for September revealed higher-than-expected inflation, alongside a surprise uptick in weekly jobless claims. 
This combination of data has reignited fears that the Federal Reserve may need to maintain elevated interest rates for a longer period. For SolarEdge, whose business model depends on large-scale, capital-intensive solar installations, the prospect of sustained higher interest rates could dampen demand as financing costs rise. 
This would make it more expensive for customers, including homeowners and businesses, to fund solar installations, which are often partially financed through loans or other credit instruments.
Read Also: <a href="https://www.benzinga.com/markets/equities/24/10/41276280/hurricane-milton-closes-multiple-florida-airports-over-3-000-flights-canceled-and-delayed-10-air">Hurricane Milton Closes Multiple Florida Airports, Over 3,000 Flights Canceled And Delayed: 10 Airline Stocks That Could Be Hit Hardest</a>
<h2 class="wp-block-heading">How To Buy SEDG Stock</h2>
Besides going to a brokerage platform to purchase a share &#8211; or fractional share &#8211; of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. 
For example, in SolarEdge Technologies&#8217; case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, SEDG has a 52-week high of $130.38 and a 52-week low of $17.12.

SEDG

Why SolarEdge Technologies (SEDG) Stock Is Falling

Major U.S. equity indices edged lower on Thursday following a hotter-than-expected Consumer Price Index (CPI) inflation report for September and as oil prices spiked, driven by fuel disruptions caused by Hurricane Milton and rising tensions <a href="https://www.benzinga.com/topic/middle-east">in the Middle East.</a>
The S&amp;P 500 slipped 0.2% from its record high set on Wednesday, while the Dow Jones Industrial Average and the tech-heavy Nasdaq 100 mirrored the decline. Small-cap stocks lagged, with the Russell 2000 dropping 0.9%.
Consumer prices rose 2.4% year-over-year in September, slightly down from August&#8217;s 2.5% rate but above the consensus estimate of 2.3%. Core inflation, which strips out the volatile energy and food categories, also came in higher than expected, ticking up from 3.2% to 3.3%.
Despite the inflation uptick, economists and investors remained broadly steadfast in their expectations of a 25-basis-point interest rate cut in November. 
In a separate report, weekly unemployment claims surged to 258,000 for the week ending Oct. 5, exceeding forecasts. The spike was likely influenced by auto industry layoffs in Michigan and disruptions caused by Hurricane Helene.
Oil prices rebounded sharply after two days of losses, with West Texas Intermediate (WTI) crude climbing more than 3% to $75 per barrel. Natural gas prices also advanced over 2%.
Energy stocks outperformed the broader market as a result of the rally in oil prices. 
Experts, cited by Reuters, indicated that power outages in Florida, the closure of several product terminals, delayed tanker truck deliveries, and pipeline disruptions would likely keep gasoline prices elevated.
In the Middle East, Israeli forces reportedly fired on UN peacekeeping bases in southern Lebanon, resulting in injuries to two soldiers, according to UN sources. This incident occurred amid ongoing hostilities between Israel and Hezbollah, a militant group based in Lebanon. The incident prompted a sharp response from Italian Defense Minister Guido Crosetto, who summoned Israeli diplomats for an explanation.
Treasury yields remained stable, while the U.S. dollar gained modestly. Gold and silver prices both rose, with gold advancing 0.5% and silver up 1.5%. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) softened 0.4% to $60,300. 
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,237.38</td>
<td>-0.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,779.17</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,346.74</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,178.60</td>
<td>-1.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent101024&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;fell 0.2% to $575.45.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.4% to $423.47.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) inched 0.2% lower to $492.30.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) tumbled 1% to $215.87.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1%. The Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) lagged, down 1%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Advanced Micro Devices Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) fell over 3%, reflecting some investor disappointment during its Advancing AI keynote.</li>
<li>Celsius Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CELH#NASDAQ">CELH</a>) surged 12%, building on a 6% gain from the previous session, as the energy drink stock gained momentum among retail investors. Increased social media chatter pointed to the stock bouncing off key support levels, further fueling the rally.</li>
<li>Cloudflare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) shares jumped 7% on Thursday following the company&#8217;s announcement of a new president of product and engineering.</li>
<li>First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) plunged nearly 10% after Jefferies analyst Dushyant Ailani reiterated a Buy rating but lowered the price target from $271 to $266. Peer Enphase Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) fell over 5%.</li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/10/41257938/fed-minutes-reveal-heated-debate-over-september-interest-rate-move-traders-trim-november-easing-">Fed Minutes Reveal Heated Debate Over September Interest Rate Move: Traders Trim November Easing Bets</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

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ENPH

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Stocks Dip As Inflation Slows Less Than Expected, Oil Prices Spike Due To Hurricane Disruptions, Middle East Tensions: What's Driving Markets Thursday?

First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) shares are trading lower Thursday after Jefferies cut its price target on the stock <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings">from $271 to $266.</a>
The Details:
First Solar shares are trading lower after Jefferies analyst Dushyant Ailani maintained a buy rating on the stock but lowered the price target from $271 to $266. This marks the second price target decrease this week after B of A Securities lowered its price target from $343 to $321 on Tuesday. 
Read Next: <a href="https://www.benzinga.com/fintech/24/10/41234302/whats-going-on-with-sofi-stock">What&#8217;s Going On With SoFi Stock?</a>
What Else:
Shares of companies in the clean energy sector may also be trading lower as recent polls show former President Donald Trump <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41274321/trump-considers-pro-crypto-vivek-ramaswamy-for-key-administration-role-hell-do-a-better-jo">leading</a> in several key swing states.&nbsp;
Thursday's September Consumer Price Index inflation report came in hotter-than-expected along with a <a href="https://www.benzinga.com/markets/equities/24/10/41273615/tech-consumer-discretionary-stocks-fall-utilities-sector-outperforms-on-surprisingly-high-inflat">surprising spike</a> in weekly jobless claims. The reports are weighing on major stock indices as investors consider the latest economic data and its potential effects on future rate cuts.&nbsp;
According to data from <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, First Solar shares are trading below the stock&#8217;s 50-day moving average of $227.63 and are down 12% over the past five days. 
<h3 class="wp-block-heading">Should I Sell My FSLR Stock?</h3>
Whether to sell or hold a stock largely depends on an investor's strategy and risk tolerance. Swing traders may sell an outperforming stock to lock in a capital gain, while long-term investors might ride out the turbulence in anticipation of further share price growth.
Similarly, traders willing to minimize losses may sell a stock that falls a certain percentage, while long-term investors may see this as an opportunity to buy more shares at a discounted price.
Shares of First Solar have gained 38.7% year to date. This compares to the average annual return of 30.25%, meaning the stock has outperformed its historical averages. Investors can compare a stock's movement to its historical performance to gauge whether this is a normal movement or a potential trading opportunity. 
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. First Solar stock currently has an RSI of 4.81, indicating oversold conditions.
For analysis tools, charting data and access to exclusive stock news, check out <a href="https://pro.benzinga.com/">Benzinga PRO. Try it for free.</a> 
FSLR Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, First Solar shares are down 8.13% at $207.50 at the time of publication Thursday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41261919/what-happened-with-celsius-holdings-stock-today">What Happened With Celsius Holdings Stock Today?</a></li>
</ul>
This image was generated using artificial intelligence via MidJourney.&nbsp;

What's Going On With First Solar Stock?

First Solar shares are trading lower after Jefferies cut its price target on the stock from $271 to $266.

Deep-pocketed investors have adopted a bearish approach towards First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FSLR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 32 extraordinary options activities for First Solar. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 46% leaning bullish and 50% bearish. Among these notable options, 17 are puts, totaling $995,671, and 15 are calls, amounting to $694,269.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $85.0 to $330.0 for First Solar over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for First Solar options trades today is 471.82 with a total volume of 2,641.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for First Solar's big money trades within a strike price range of $85.0 to $330.0 over the last 30 days.
<h3>First Solar 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728571686_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$90.15</td>
<td>$87.4</td>
<td>$89.1</td>
<td>$280.00</td>
<td>$133.7K</td>
<td>33</td>
<td style="text-align: right;">34</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$60.8</td>
<td>$58.9</td>
<td>$58.9</td>
<td>$250.00</td>
<td>$118.1K</td>
<td>12</td>
<td style="text-align: right;">27</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$90.2</td>
<td>$89.1</td>
<td>$89.1</td>
<td>$280.00</td>
<td>$107.0K</td>
<td>33</td>
<td style="text-align: right;">14</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/08/24</td>
<td>$17.25</td>
<td>$16.7</td>
<td>$16.7</td>
<td>$210.00</td>
<td>$105.2K</td>
<td>1.1K</td>
<td style="text-align: right;">164</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$13.95</td>
<td>$13.0</td>
<td>$13.95</td>
<td>$210.00</td>
<td>$96.2K</td>
<td>1.1K</td>
<td style="text-align: right;">69</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
After a thorough review of the options trading surrounding First Solar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of First Solar</h3>
<ul>
<li>Trading volume stands at 1,567,620, with FSLR's price down by -7.97%, positioned at $208.03.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 19 days.</li>
</ul>
<h3>Expert Opinions on First Solar</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $307.5.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Truist Securities has revised its rating downward to Buy, adjusting the price target to $300. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on First Solar with a target price of $266. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on First Solar, maintaining a target price of $343. 
&#x2A; Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for First Solar, targeting a price of $321. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for First Solar, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Markets

Market Whales and Their Recent Bets on FSLR Options

A hotter-than-expected September Consumer Price Index inflation report, combined with a surprising spike in weekly jobless claims, weighed on major stock indices in early New York trading Thursday, while sparking diverging performances <a href="https://www.benzinga.com/markets">among sectors</a>.
Technology and consumer discretionary stocks led the declines, while utilities outperformed, with the latter rebounding from significant losses earlier in the week.
<h3 class="wp-block-heading">Inflation Tops Estimates, Claims Likely Affected By Hurricane Helene</h3>
The annual headline inflation rate dipped slightly from 2.5% in August to 2.4% in September, but came in <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41270761/september-inflation-hotter-than-expected-jobless-claims-spike-the-most-in-over-a-">above economist forecasts of 2.3%</a>.
Despite this marking the sixth consecutive decline in annual inflation, core inflation — which excludes volatile food and energy — rose unexpectedly from 3.2% to 3.3%, marking its first increase since March 2023.
Monthly inflation readings also came in slightly above expectations for both headline and core metrics, though they showed no acceleration from August's growth pace.
With the Federal Reserve&#8217;s heightened focus on labor market dynamics, markets closely watched the latest jobless claims report, which revealed a surprising jump to 254,000, the highest since July 2023. 
Some experts, like Bill Adams, chief economist at Comerica Bank, attributed the spike to temporary disruptions caused by Hurricane Helene and said he anticipates similar effects from Hurricane Milton in the coming weeks.
Overall, the two key data releases pushed the S&amp;P 500 down from record highs reached the previous day while boosting expectations for a 25-basis-point rate cut in November. Notably, market-implied odds of a November rate cut inched up from 76% to 86% after the reports.
<h3 class="wp-block-heading">Thursday&#8217;s Sector Movers</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Sector</th>
<th>1-day % Chg</th>
</tr>
</thead>
<tbody>
<tr>
<td>Utilities</td>
<td>0.81%</td>
</tr>
<tr>
<td>Energy</td>
<td>0.46%</td>
</tr>
<tr>
<td>Real Estate</td>
<td>0.17%</td>
</tr>
<tr>
<td>Cons. Staples</td>
<td>0.02%</td>
</tr>
<tr>
<td>Financials</td>
<td>0.01%</td>
</tr>
<tr>
<td>Materials</td>
<td>0.01%</td>
</tr>
<tr>
<td>Health Care</td>
<td>-0.04%</td>
</tr>
<tr>
<td>Communications</td>
<td>-0.28%</td>
</tr>
<tr>
<td>Industrials</td>
<td>-0.59%</td>
</tr>
<tr>
<td>Cons. Discretionary</td>
<td>-0.61%</td>
</tr>
<tr>
<td>Technology</td>
<td>-0.77%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 9:55 a.m. ET</figcaption></figure>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks leading gains within the Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) included NextEra Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEE#NYSE">NEE</a>), Duke Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DUK#NYSE">DUK</a>) and Eversource Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ES#NYSE">ES</a>), up 2.5%, 1.5% and 1.4% respectively. 
Dragging down the tech sector, tracked by the Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>), were First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), down 6.3%, Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), down 4.6%, and Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>), down 3.3%. 
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), Ross Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) and Lululemon Athletica Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>) were the worst performers within the Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>), down 2.8%, 1.7% and 1.5%, respectively. 
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Photo via Shutterstock.

LULU

ROST

SMCI

Select Sector SPDR-Consumer Discretionary

Tech, Consumer Discretionary Stocks Fall, Utilities Sector Outperforms On Surprisingly High Inflation, Jobless Claims Data

In the preceding three months, 11 analysts have released ratings for First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), presenting a wide array of perspectives from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $303.55, a high estimate of $360.00, and a low estimate of $250.00. Marking an increase of 1.32%, the current average surpasses the previous average price target of $299.60. 
<img src="https://www.benzinga.com/files/images/story/2024/1728565282_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The perception of First Solar by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dushyant Ailani</td>
<td>Jefferies</td>
<td>Lowers</td>
<td>Buy</td>
<td>$266.00</td>
<td>$271.00</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$321.00</td>
<td>$343.00</td>
</tr>
<tr>
<td>Jordan Levy</td>
<td>Truist Securities</td>
<td>Announces</td>
<td>Buy</td>
<td>$300.00</td>
<td>-</td>
</tr>
<tr>
<td>Julien Dumoulin-Smith</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$343.00</td>
<td>$320.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$290.00</td>
<td>$280.00</td>
</tr>
<tr>
<td>Jon Windham</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$360.00</td>
<td>$350.00</td>
</tr>
<tr>
<td>Ameet Thakkar</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$286.00</td>
<td>$311.00</td>
</tr>
<tr>
<td>Chris Dendrinos</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$315.00</td>
<td>$315.00</td>
</tr>
<tr>
<td>Colin Rusch</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$326.00</td>
<td>$325.00</td>
</tr>
<tr>
<td>Kashy Harrison</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$250.00</td>
<td>$219.00</td>
</tr>
<tr>
<td>Mark Strouse</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$282.00</td>
<td>$262.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to First Solar. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of First Solar compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of First Solar's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of First Solar's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/FSLR/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on First Solar analyst ratings.</a>
<h2>About First Solar</h2>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
<h3>A Deep Dive into First Solar's Financials</h3>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, First Solar showcased positive performance, achieving a revenue growth rate of 24.65% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: First Solar's net margin excels beyond industry benchmarks, reaching 34.57%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): First Solar's ROE stands out, surpassing industry averages. With an impressive ROE of 4.94%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): First Solar's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.21% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: First Solar's debt-to-equity ratio is below the industry average at 0.09, reflecting a lower dependency on debt financing and a more conservative financial approach.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

First Solar Stock: A Deep Dive Into Analyst Perspectives (11 Ratings)

Jefferies analyst Dushyant Ailani maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy and lowers the price target from $271 to $266.

Jefferies Maintains Buy on First Solar, Lowers Price Target to $266

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>Piper Sandler raised Nasdaq, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) price target from $73 to $80. Piper Sandler analyst Richard Repetto maintained an Overweight rating. Nasdaq shares fell 1.7% to close at $70.87 on Monday. <a href="https://www.benzinga.com/quote/NDAQ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>HC Wainwright &amp; Co raised the price target for Scholar Rock Holding Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRRK#NASDAQ">SRRK</a>) from $30 to $35. HC Wainwright &amp; Co. analyst Andres Maldonado maintained a Buy rating. Scholar Rock shares jumped 362% to close at $34.28 on Monday. <a href="https://www.benzinga.com/quote/SRRK/analyst-ratings">See how other analysts view this stock.</a></li>
<li>TD Cowen cut the price target for Frontier Communications Parent, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FYBR#NASDAQ">FYBR</a>) from $39 to $38.5. TD Cowen analyst Gregory Williams downgraded the stock from Buy to Hold. Frontier Communications Parent shares fell 0.1% to close at $35.32 on Monday. <a href="https://www.benzinga.com/quote/FYBR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital cut CEMEX, S.A.B. de C.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CX#NYSE">CX</a>) price target from $9 to $6.5. RBC Capital analyst Anthony Codling upgraded the stock from Underperform to Sector Perform. CEMEX shares fell 0.7% to close at $5.88 on Monday. <a href="https://www.benzinga.com/quote/CX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Baird boosted Guidewire Software, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GWRE#NYSE">GWRE</a>) price target from $175 to $204. Baird analyst Joe Vruwink maintained an Outperform rating. Guidewire Software shares fell 1.1% to close at $182.17 on Monday. <a href="https://www.benzinga.com/quote/GWRE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>B of A Securities slashed First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) price target from $343 to $321. B of A Securities analyst Julien Dumoulin-Smith maintained a Buy rating. First Solar shares fell 0.7% to close at $229.62 on Monday. <a href="https://www.benzinga.com/quote/FSLR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Morgan Stanley cut the price target for SolarEdge Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) from $28 to $23. Morgan Stanley analyst Andrew Percoco maintained an Equal-Weight rating. SolarEdge rose 1.4% to close at $20.42 on Monday. <a href="https://www.benzinga.com/quote/SEDG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Keybanc raised Tetra Tech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TTEK#NASDAQ">TTEK</a>) price target from $49 to $56. Keybanc analyst Sangita Jain maintained an Overweight rating. Tetra Tech shares fell 0.7% to close at $48.01 on Monday. <a href="https://www.benzinga.com/quote/TTEK/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler raised the price target for Phillips 66 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSX#NYSE">PSX</a>) from $136 to $144. Piper Sandler analyst Ryan Todd maintained an Overweight rating. Phillips 66 shares fell 0.1% to close at $138.50 on Monday. <a href="https://www.benzinga.com/quote/PSX/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Stifel boosted HubSpot, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HUBS#NYSE">HUBS</a>) price target from $600 to $625. Stifel analyst Parker Lane maintained a Buy rating. HubSpot shares fell 2.4% to close at $522.09 on Monday. <a href="https://www.benzinga.com/quote/HUBS/analyst-ratings">See how other analysts view this stock</a>. </li>
</ul>
Considering buying NDAQ stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="509" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08080221/image-49-1024x509.png" alt="" class="wp-image-585403" style="width:841px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08080221/image-49-1024x509.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08080221/image-49-300x149.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08080221/image-49-768x381.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/08080221/image-49.png 1373w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Pre-Market Outlook

FYBR

GWRE

HUBS

NDAQ

SRRK

TTEK

Nasdaq To Rally Around 13%? Here Are 10 Top Analyst Forecasts For Tuesday

B of A Securities analyst Julien Dumoulin-Smith maintains First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy and lowers the price target from $343 to $321.

B of A Securities Maintains Buy on First Solar, Lowers Price Target to $321

For most investors, how much a stock&#39;s price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries.
Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks.
What if you&#39;d invested in First Solar (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fslr#NASDAQ">FSLR</a>) ten years ago? It may not have been easy to hold on to FSLR for all that time, but if you did, how much would your investment be worth today?
<h2>First Solar&#39;s Business In-Depth</h2>
With that in mind, let&#39;s take a look at First Solar&#39;s main business drivers.
Headquartered in Tempe, AZ, First Solar, Inc. is the world&#39;s largest thin-film PV solar module manufacturer and the largest PV solar module manufacturer in the Western Hemisphere. The company is a leading global provider of comprehensive photovoltaic (PV) solar energy solutions and specializes in designing, manufacturing, and selling solar electric power modules using a proprietary thin-film semiconductor technology. The company sells its products to project developers, system integrators and renewable energy project operators primarily in Europe and Germany in particular. First Solar also engages in designing and deploying commercial solar projects for utilities. The company also develops and sells PV solar power systems that primarily use the modules it manufactures. Additionally, it provides operations and maintenance (&quot;O&amp;M&quot;) services to system owners.
The company was founded in 1999 and incorporated in 2006. Formerly known as First Solar Holdings, LLC, the company changed its name to First Solar Holdings, Inc. and subsequently to First Solar, Inc. in 2006. For the year ended 2021, the company made changes in the reportable segments to align with revisions to its internal reporting structure and long-term strategic plans. Following this change, the modules business represents First Solar&#39;s only reportable segment.
Modules Segment: This segment designs, manufactures, and sells solar modules, which convert sunlight into electricity. In early 2023, First Solar started producing its latest generation of modules, Series 7. For 2023, net sales from this segment amounted to $3.30 billion, comprising 99.3% of total sales.
Other: It comprises First Solar&#39;s residential operations and Systems business activities, which include project development, engineering, procurement and construction services as well as O&amp;M services. During 2023, net sales from &quot;Other&quot; amounted to $0.22 billion, including 0.7% of total sales.
<h2>Bottom Line</h2>
Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in First Solar ten years ago, you&#39;re likely feeling pretty good about your investment today.
According to our calculations, a $1000 investment made in October 2014 would be worth $3,790.31, or a 279.03% gain, as of October 1, 2024. Investors should keep in mind that this return excludes dividends but includes price appreciation.
In comparison, the S&amp;P 500 gained 192.17% and the price of gold went up 109.16% over the same time frame.
Analysts are forecasting more upside for FSLR too.
First Solar is the largest PV solar module manufacturer in the United States, the company is investing heftily to expand its manufacturing capacity. Such manufacturing capacity expansion plans should enable it to duly meet its production target of 15.6-16 gigawatts of solar modules by 2024-end. Our model projects the company&#39;s topline to increase year over year in the 2024, 2025 and 2026 period respectively. The stock has outperformed the industry in the year-to-date period. However, the company&#39;s trailing 12-month EV/SALES TTM ratio is higher than that of its industry. Termination or reduction in imposed tariffs on crystalline silicon solar cells from China poses risks for the stock. The structural supply-demand imbalance in the solar market may lead to pricing volatility, thereby adversely impacting First Solar&#39;s operating results.
Shares have gained 9.71% over the past four weeks and there have been 3 higher earnings estimate revisions for fiscal 2024 compared to none lower. The consensus estimate has moved up as well.
<a href="https://www.zacks.com/stock/news/2343856/here-s-how-much-you-d-have-if-you-invested-1000-in-first-solar-a-decade-ago?cid=CS-BENZ-FT-tale_of_the_tape|investing_$1000-2343856">To read this article on Zacks.com click here.</a>

Earnings

Personal Finance

Here's How Much You'd Have If You Invested $1000 in First Solar a Decade Ago

Elon Musk is at it again, igniting the solar conversation with a tweet Tuesday.
&#8220;Solar power is growing super fast,&#8221; Musk said on his X platform. &#8220;In the very long-term (Kardashev Scale), solar will be &gt;99% of all power generation.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Solar power is growing super fast. In the very long-term (Kardashev Scale), solar will be &gt;99% of all power generation. <a href="https://t.co/CLFpGoL3OT">https://t.co/CLFpGoL3OT</a>
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1841122348742680715?ref_src=twsrc%5Etfw">October 1, 2024</a></blockquote>
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</figure>
His words couldn't come at a better time for the sector. According to a Reuters <a href="https://www.reuters.com/sustainability/sustainable-finance-reporting/us-unveil-first-two-decisions-more-solar-tariffs-2024-09-30/">report,</a> U.S. trade officials are set to announce potential tariffs on solar panels from four Southeast Asian countries, which could reshape the landscape for solar stocks.
<h1 class="wp-block-heading">Tariff Decisions Loom Over Solar Manufacturers</h1>
This week, the U.S. Department of Commerce will decide on trade cases brought by U.S. manufacturers, including Hanwha Qcells and First Solar Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), aiming to counteract what they call unfair subsidies from competitors in Malaysia, Vietnam, Thailand and Cambodia.
The stakes are high: tariffs could either protect American jobs or inflate costs for solar developers already facing a challenging market.
<h1 class="wp-block-heading">Optimism In U.S. Solar Sector</h1>
Despite the tariff uncertainty, optimism is brewing among investors in the U.S. solar sector. Companies such as Enphase Energy Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) and SolarEdge Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) are eyeing double-digit growth in the solar market by 2025.
Recent insights from JPMorgan analyst Mark Strouse highlight a wave of positivity following the RE+ renewables industry conference, suggesting a resurgence in U.S. solar demand, driven by lower interest rates and stable utility pricing.
Read Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/09/40816556/enphase-solaredge-sunrun-eye-double-digit-growth-as-solar-market-rebounds-on-kamala">Enphase, SolarEdge, Sunrun Eye Double-Digit Growth As Solar Market Rebounds On Kamala Harris Election Odds</a>
<h1 class="wp-block-heading">Tax Incentives Benefit Enphase, SolarEdge</h1>
Enphase and SolarEdge aren't just riding the wave; they're positioned to benefit significantly from tax incentives, including a 36% domestic content ITC adder that could bolster their profit margins. 
As the U.S. focuses on expanding domestic solar manufacturing, these companies are well-poised to capitalize on the growing appetite for clean energy solutions.
<h1 class="wp-block-heading">Investors Keep A Close Eye On U.S. Solar Stocks</h1>
Meanwhile, the situation across the pond is less rosy. Europe is grappling with dwindling demand, particularly in the Netherlands, where policy uncertainty has caused a staggering 70%-80% drop year-over-year.
This divergence highlights the U.S. solar market as a beacon of hope amid global challenges.
With Musk&#8217;s bold vision for solar power resonating in the investment community, now is the time to keep a close eye on solar stocks like Enphase, SolarEdge and First Solar and solar stocks-tracking ETFs such as the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>).
Will tariffs bolster American manufacturing or inflate project costs? 
One thing's for sure: the solar energy landscape is heating up, and investors need to stay tuned!
Read Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41111038/elon-musk-gets-bold-font-removed-from-xs-main-timeline-because-of-excessive-use-my-eyes-are-bleeding">Elon Musk Gets Bold Font Removed From X&#8217;s Main Timeline Because Of &#8216;Excessive&#8217; Use: &#8216;My Eyes Are Bleed</a><a href="https://www.benzinga.com/news/24/10/41111038/elon-musk-gets-bold-font-removed-from-xs-main-timeline-because-of-excessive-use-my-eyes-are-bleeding">ing&#8217;</a></li>
</ul>
Photo: Courtesy SolarEdge

Government

Long Ideas

Global

Elon Musk's Solar Vision Sparks Excitement: What's Next For Enphase, SolarEdge, First Solar?

Deep-pocketed investors have adopted a bullish approach towards First Solar (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FSLR usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 36 extraordinary options activities for First Solar. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 58% leaning bullish and 33% bearish. Among these notable options, 12 are puts, totaling $701,960, and 24 are calls, amounting to $2,315,304.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $310.0 for First Solar during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for First Solar's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across First Solar's significant trades, within a strike price range of $120.0 to $310.0, over the past month.
<h3>First Solar Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727723732_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$23.0</td>
<td>$22.6</td>
<td>$22.6</td>
<td>$270.00</td>
<td>$1.0M</td>
<td style="text-align: right;">234</td>
<td style="text-align: right;">453</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$28.95</td>
<td>$28.7</td>
<td>$28.95</td>
<td>$280.00</td>
<td>$133.1K</td>
<td style="text-align: right;">438</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$153.95</td>
<td>$152.0</td>
<td>$153.9</td>
<td>$120.00</td>
<td>$123.2K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>FSLR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$45.5</td>
<td>$45.3</td>
<td>$45.3</td>
<td>$280.00</td>
<td>$117.7K</td>
<td style="text-align: right;">123</td>
<td style="text-align: right;">26</td>
</tr>
<tr>
<td>FSLR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$10.55</td>
<td>$10.35</td>
<td>$10.48</td>
<td>$250.00</td>
<td>$111.9K</td>
<td style="text-align: right;">737</td>
<td style="text-align: right;">155</td>
</tr>
</tbody>
</table>

<h3>About First Solar</h3>
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
Following our analysis of the options activities associated with First Solar, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of First Solar</h3>
<ul>
<li>Currently trading with a volume of 895,483, the FSLR's price is down by -2.56%, now at $249.2. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 29 days.</li>
</ul>
<h3>Professional Analyst Ratings for First Solar</h3>
2 market experts have recently issued ratings for this stock, with a consensus target price of $321.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Truist Securities downgraded its action to Buy with a price target of $300. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on First Solar, maintaining a target price of $343. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for First Solar, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at First Solar's Options Market Dynamics

STOCK MOVED HIGHER THROUGHOUT THE DAY AND CLOSED NEAR THE HIGH
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="909" height="800" src="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1.png" alt="" class="wp-image-1502" style="width:624px" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1.png 909w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1-300x264.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2024/09/26202028/Screen-Shot-2024-09-26-at-4.19.23-PM-1-768x676.png 768w" sizes="(max-width: 909px) 100vw, 909px" /></figure>
First Solar Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. 
Today, at 11:02 AM on September 26th, a significant trading signal occurred for First Solar, Inc. as it demonstrated a Power Inflow at a price of $248.87. This indicator is crucial for traders who want to know directionally where institutions and so-called "smart money" moves in the market. They see the value of utilizing order flow analytics to guide their trading decisions. The Power Inflow points to a possible uptrend in Amazon&#8217;s stock, marking a potential entry point for traders looking to capitalize on the expected upward movement. Traders with this signal closely watch for sustained momentum in First Solar&#8217;s stock price, interpreting this event as a bullish sign.
Power Inflow Description
Order flow analytics, aka transaction or market flow analysis, separates and studies the retail and institutional volume rate of orders (flow). It involves analyzing the flow of buy and sell orders, along with size, timing, and other associated characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted by active traders as a bullish signal.&nbsp;
The Power Inflow occurs within the first two hours of the market open and generally signals the trend that helps gauge the stock&#8217;s overall direction, powered by institutional activity in the stock, for the remainder of the day.&nbsp;
By incorporating order flow analytics into their trading strategies, market participants can better interpret market conditions, identify trading opportunities, and potentially improve their trading performance. But let's not forget that while watching smart money flow can provide valuable insights, it is crucial to incorporate effective risk management strategies to protect capital and mitigate potential losses. Employing a consistent and effective risk management plan helps traders navigate the uncertainties of the market in a more controlled and calculated manner, increasing the likelihood of long-term success
If you want to stay updated on the latest options trades for FSLR, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.&nbsp;
<a href="https://benzinga.com/apis?_gl=1&#x2A;1hlgn5i&#x2A;_ga&#x2A;MTY1NjE2NTYxMi4xNzE0NzQ4MTAy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDc0ODEwMi4xLjEuMTcxNDc0ODQyOC4wLjAuMA..">Market News and Data brought to you by Benzinga APIs</a> and include firms, like <a href="https://finitusa.com/en/">Finit USA</a>, responsible for parts of the data within this article. 
&#xA9; 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
After Market Close UPDATE:
The price at the time of the Power Inflow was $248.87. The returns on the High price ($256.48) and Close price ($255.56) after the Power Inflow were respectively 3.1% and 2.7%. That is why it is important to have a trading plan that includes Profit Targets and Stop Losses that reflect your risk appetite. In this case the high of the day and close were very close but that is not always the case
Past Performance is Not Indicative of Future Result

Tradepulse Power Inflow Alert: First Solar Inc. Moves Over 3% Higher After Receiving Tradepulse Alert

Truist Securities analyst Jordan Levy initiated the coverage on First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>) with a Buy rating <a target="_blank" href="https://www.benzinga.com/quote/FSLR/analyst-ratings" rel="noreferrer noopener">and price forecast of $300.</a>
The company&#8217;s technology, ongoing R&amp;D investments, and substantial &#8220;contracted backlog&#8221; are key factors that strengthen First Solar&#8217;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 of rising data center power demand, all while minimizing short-term fluctuations, Levy writes.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/41050711/stocks-rise-as-china-signals-more-stimulus-billionaire-david-tepper-bets-big-on-everythi" rel="noreferrer noopener">Stocks Rise As China Signals More Stimulus, Billionaire David Tepper Bets Big On &#8216;Everything&#8217; China-Related</a>
Ongoing technology enhancements are expected to enhance the competitiveness of First Solar&#8217;s modules compared to its peers, the analyst adds.
Further, Levy forecasts about $640 million in R&amp;D spend in aggregate from 2024 to 2026.
Per the analyst, the company&#8217;s strong cash flow generation &amp; ability to invest heavily in R&amp;D will prove invaluable both in terms of near-term tech improvements &amp; longer-term next-gen modules.
The analyst views the company&#8217;s manufacturing process as having a structural cost advantage per watt over traditional silicon module manufacturers.
With the ongoing push to onshore U.S. manufacturing, the company will &#8220;remain in the driver&#8217;s seat&#8221; for U.S. module manufacturing.
For fiscal year 2024, Levy estimates the company to register revenues of $4.426 billion.
Overall, the analyst is e positive on the company&#8217;s vertically integrated model and business strategy amid a favorable regulatory environment.
Price Action: First Solar shares are trading higher by 4.1% to $251.6 at last check Thursday.
Read Next:
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<li><a href="https://www.benzinga.com/general/social-media/24/09/41045271/trumps-djt-stock-rallies-after-sharp-sell-off-but-technicals-signal-tough-times-ahead" target="_blank" rel="noreferrer noopener">Trump&#8217;s DJT Stock Rallies After Sharp Sell-Off, But Technicals Signal Tough Times Ahead</a></li>
</ul>
Image: AI generated

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First Solar Announces Ownership of TOPCon Technology Patents, Undertakes Infringement Investigation

First Solar, Inc. Announces Second Quarter 2024 Financial Results

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National Grid Renewables Begins Construction on Dodson Creek Solar Project

Responsible Solar: First Solar Leads Industry with Validated Environmental and Social Performance and Transparent Reporting

Marathon Capital Hires James Fitzgerald as Head of Institutional Sales

First Solar Inaugurates $1.1 Billion Alabama Facility, Adds 3.5 GW of Vertically Integrated American Solar Manufacturing Capacity

First Solar, Inc. to Announce Third Quarter 2024 Financial Results on October 29, 2024

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FSLR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into First Solar, Inc. and Encourages Investors to Contact the Firm

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