FSLR - First Solar, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
51.71
-0.52 (-1.00%)
As of 11:48AM EDT. Market open.
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Previous Close52.23
Open52.83
Bid51.60 x 2200
Ask51.65 x 900
Day's Range51.26 - 52.85
52 Week Range35.55 - 81.72
Volume942,039
Avg. Volume2,374,970
Market Cap5.417B
Beta0.71
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Exelon, First Solar Bankroll Campaign to Push for a U.S. Carbon Tax
    Bloomberg17 hours ago

    Exelon, First Solar Bankroll Campaign to Push for a U.S. Carbon Tax

    Major energy companies, including the largest U.S. nuclear power generator, are putting millions of dollars into a new political campaign to push for a tax on carbon dioxide emissions -- a measure President Donald Trump has said he opposes. Exelon Corp., is giving $1 million toward the cause, joining renewable power manufacturer First Solar Inc. and the American Wind Energy Association in helping underwrite the nonprofit organization. Some companies that back the underlying plan, including Exxon Mobil Corp., are considering donating to the new effort, according to people familiar with the campaign who asked not to be named to discuss fundraising efforts.

  • Barrons.comyesterday

    Tariffs Won't Cloud First Solar's Outlook

    Analyst Michael Weinstein upgraded the shares to Neutral from Underperform today, and reiterated a $53 price target, arguing that the recent selloff has more than captured potential downside risk for the stock. Instead of being punished by the tariffs, First Solar "stands to benefit from tariffs on competing products." First Solar is up 0.4% to $52 in recent trading. Robert W. Baird was also optimistic about First Solar last week.

  • TheStreet.com3 days ago

    Three Well-Known Stocks That Look Good Short

    Trifecta Stocks is a long-only model portfolio, but we are anxious to give our subscribers insight into stocks that may pose interesting investing opportunities on the short side. Using recent actions and grades from Quant Ratings and layering on technical analysis of the charts of those stocks, we will identify five names each Friday that look bearish. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names.

  • Barrons.com5 days ago

    [$$] First Solar Investor Buys $85 Million More in Stock

    Farhad “Fred” Ebrahimi, former head of software firm Quark, has said that 13 is his lucky number. Indeed, Ebrahimi disclosed that he and his wife Mary Wilkie Ebrahimi purchased an additional $85.2 million in First Solar (FSLR) stock over 13 days from April 7 through June 8. Possibly worse news: After the recent weakness in the shares, Goldman Sachs downgraded First Solar last week to Cautious from Neutral.

  • Investopedia8 days ago

    First Solar a Steal, SunPower Less Sunny: Analysts

    Alternative energy stocks First Solar Inc. ( FSLR) and SunPower Corp. ( SPWR) took a tumble last week on recent policy changes in China that have been viewed as a threat to solar energy demand and prices worldwide.

  • Why First Solar's Stock Dropped 20% in a Week
    Motley Fool8 days ago

    Why First Solar's Stock Dropped 20% in a Week

    First Solar was felled by the industry's woes.

  • Barrons.com9 days ago

    First Solar Can Shine, SunPower Is 'Too Difficult to Own'

    Solar stocks have taken a hit recently, hurt by regulatory changes in China that some fear may jeopardize demand and prices globally. Kallo named First Solar  (FSLR) to the firm's Fresh Pick list on Monday, writing that the selloff was a 'knee-jerk negative reaction' to the news that China is changing its solar subsidy program, and that it doesn't account for the fact that First Solar's revenue visibility or its "substantial competitive advantage" over its peers. First Solar should continue to be at a significant cost advantage, even with best-in-class Chinese manufacturers, which could lead to upside to 2020 estimates, Kallo says.

  • Benzinga9 days ago

    Baird Defends First Solar As 'Fresh Pick,' Finds Comfort In Revenue Visibility

    First Solar, Inc. (NASDAQ: FSLR) shares have made a steep, 22-percent slide since the start of the month as negative policy plays out in China. In spite of the foreseen decline in global solar demand, Baird ranked First Solar a “fresh pick” and tagged it “undervalued” relative to peers.

  • InvestorPlace9 days ago

    Despite Growing Pains, Solar Stocks Have Inevitability Behind Them

    Solar stocks have crashed, and China is the reason. China, facing high costs in adapting to increased solar capacity, halted approval for new solar installations for the rest of 2018 and cut the feed-in tariff, a primary subsidy driving the business, by 50%. The move turned what had been a pretty good year for solar stocks into a horror show.

  • Solar Industry Stocks Get Price-Target Cuts As China Cutbacks Ripple
    Investor's Business Daily13 days ago

    Solar Industry Stocks Get Price-Target Cuts As China Cutbacks Ripple

    First Solar and two other solar stocks had their price targets lowered, as the industry has been rattled by China's unexpected move to slash incentives and subsidies.

  • CNBC13 days ago

    Goldman Sachs: Solar industry heading for a downturn after major Chinese policy shift

    Solar manufacturers are about to hit a rough patch as a new Chinese policy is poised to dent demand in the world's biggest market, Goldman Sachs says. The bank sees a oversupply ballooning this year, cutting the price of solar panels and modules for companies like JinkoSolar and First Solar. Solar power equipment makers are about to hit a rough patch, and it's time to sell many stocks in the space, according to Goldman Sachs.

  • InvestorPlace13 days ago

    First Solar, Inc. Gets Major Downgrades — So Now What?

    In particular, the situation between the U.S. and China is getting more tense. For FSLR stock, Wall Street analysts have wasted little time in going negative. Bank of America Corp (NYSE:BAC) lowered its rating on FSLR stock from “buy” to “neutral” and reduced the price target from $83 to $63.

  • Benzinga13 days ago

    First Solar Downgraded By Vertical Group's Gordon Johnson: 'We Think It's Time To Fade This Stock'

    As China chops its solar installation incentives, First Solar, Inc. (NASDAQ: FSLR)’s story is taking a turn for the worse. Vertical Group’s Gordon Johnson double downgraded the stock Thursday in light of both the Chinese policy decision and prior solar policy actions in Spain, Germany and Italy. China is temporarily cutting its utility scale incentive and indefinitely capping installations at 10 gigawatts — just half of the amount installed last year and representing about 54 percent of global solar installations.

  • Barrons.com13 days ago

    Solar Correction: Shadows on the Horizon?

    Shares of First Solar (FSLR) are trading lower today after Goldman Sachs downgraded the shares. Lee lowered his rating on the industry to Cautious from Neutral today, to account for his "tactically more negative stance on component oversupply risks across the supply chain," especially in the second half of the year.

  • Are Solar Stocks in Free Fall After China's Subsidy Rate Cut?
    Zacks13 days ago

    Are Solar Stocks in Free Fall After China's Subsidy Rate Cut?

    Not only did the policy reform result in a decline in solar stocks but also prompted analysts to reduce their projections for 2018 solar installations in China.

  • Barrons.com13 days ago

    Morning Movers: As Dow Rallies On, Costco Gains and First Solar Slides

    Apparently Trump, aided by advisors drawn from his immediate family, can carry on taking whatever trade steps he likes. The European Central Bank is increasingly hinting it plans to start tightening monetary policy soon, despite the recent slowdown in economic indicators there. Meanwhile, the Dow Jones Industrial Average is looking to open about 57 points higher, while the S&P 500 and the NASDAQ Composite are about even.

  • Investopedia13 days ago

    Top 4 Alternative Energy Companies for 2018

    These companies are world leaders in alternative energy and offer a relatively stable investment opportunity.

  • Reuters13 days ago

    Global solar forecasts lowered as China cuts support policies

    China announced on June 1 changes to the subsidies that has underpinned its rise to become the world's largest solar market in recent years. IHS Markit, a market research firm, was preparing to lower its global solar installation forecast for this year by between 5 and 10 gigawatts, or up to 9 percent, analyst Camron Barati said.

  • Reuters14 days ago

    Global solar forecasts lowered as China cuts support policies

    China's unexpected move to slash incentives for solar power has sent stocks into a free fall and prompted analysts to lower forecasts for global installations this year amid expectations that a glut of excess panels would send prices tumbling. China announced on June 1 changes to the subsidies that has underpinned its rise to become the world's largest solar market in recent years. IHS Markit, a market research firm, was preparing to lower its global solar installation forecast for this year by between 5 and 10 gigawatts, or up to 9 percent, analyst Camron Barati said.

  • First Solar Shares Plummet After Downgrade
    TheStreet.com14 days ago

    First Solar Shares Plummet After Downgrade

    stocks are plummeting after downgrades from analysts. Both Bank of America Merrill Lynch and JMP Securities issued downgrades for the solar company citing the Chinese government's plans to halt solar programs. BofA Merrill Lynch moved First Solar to neutral from buy and cut the price target to $63 from $83.

  • China's Solar Cutback Wiping Out Trump Bump for First Solar
    Bloomberg14 days ago

    China's Solar Cutback Wiping Out Trump Bump for First Solar

    President Donald Trump said imposing solar tariffs would help domestic companies. First Solar Inc. has lost almost a quarter of its market value in the past week. Slower demand in China will increase competition, exacerbate a panel glut and drag down prices.

  • MarketWatch14 days ago

    First Solar's stock plunges after JMP analyst swings to bearish from bullish on China policy changes

    First Solar Inc.'s stock tumbled 7.3% in morning trade Wednesday toward a 7 1/2-month low, after JMP Securities analyst Joseph Osha swung to bearish from bullish on the solar cells maker, citing concerns over policy changes in China. Osha cut his rating to market underpeform, after being at market outperform since May 2017. The stock has now plummeted 20% this month, as trade talks between the U.S. and China continued over the weekend amid threats of tariffs from both sides.

  • How to Play First Solar, Inc. for Stronger Risk-Adjusted Returns
    InvestorPlace14 days ago

    How to Play First Solar, Inc. for Stronger Risk-Adjusted Returns

    For best-in-breed First Solar, Inc. (NASDAQ:FSLR) conditions off and on the chart are feeling the chill in the early dog days of summer. FSLR stock has moved from super-hot through the spring of 2018 to downright ice cold in early June, with shares tumbling nearly 14% in three sessions. Last week the Chinese government caught investors by surprise by reducing the number of utility-scale solar project permits it issues, as well as subsidies for utilities providing solar for their customers.

  • China Just Dealt a Massive Blow to the Solar Industry
    Motley Fool14 days ago

    China Just Dealt a Massive Blow to the Solar Industry

    No company will be spared from the reduction in China's solar incentives.

  • Forbes15 days ago

    Why First Solar Should Double Down On International Markets As It Expands Capacity

    The company is expected to increase its total production capacity from levels of roughly 2 GW in 2017 to about 7.6 GW by 2020, driven by its expansions in Malaysia, Vietnam as well as its plans to add a new module manufacturing facility in the U.S., next to its operations in Ohio. First Solar currently enjoys a significant advantage over its silicon-based panel rivals in the United States, as its thin-film panels are exempt from the 30% tariff imposed on imported silicon solar panel. While there is a tariff exemption for 2.5 GW worth of silicon solar cell imports, it’s fair to assume that First Solar will increase its share of the U.S. market, which is expected to see total installations of 10 GW this year.