FSLR - First Solar, Inc.
| Previous Close | 52.31 |
| Open | 52.51 |
| Bid | 52.64 x 1100 |
| Ask | 52.99 x 1000 |
| Day's Range | 52.07 - 54.88 |
| 52 Week Range | 38.36 - 81.72 |
| Volume | 3,266,146 |
| Avg. Volume | 2,427,752 |
| Market Cap | 5.516B |
| Beta | 0.71 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.88 |
| Earnings Date | Jul 25, 2018 - Jul 30, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 69.92 |
InvestorPlace•2 days ago5 Cheap Technology Stocks Amid the Sector’s Weakness
U.S. equities were pressured on Thursday as a Supreme Court decision against technology stocks hit the FAANG group particularly hard. That is, investors feared increased sales tax collection will weigh on tech profits.
- Motley Fool•3 days ago
Why First Solar's U.S. Expansion Plans May Not Pay Off
Investing in new manufacturing plants isn't always a great bet for solar panel suppliers.
- Bloomberg•3 days ago
Too Big to Succeed: Solar Titans Flop When They Climb to No. 1
A Chinese company called JinkoSolar Holding Co. is now the world’s largest maker of solar panels. China accounts for 70 percent of it, having long pushed its companies to pursue a growth-at-any-cost strategy.
- Zacks•3 days ago
ReneSola (SOL) Q1 Earnings in Line, Revenues Top Estimates
ReneSola (SOL) has a pipeline of more than 1.1 GW of projects in various stages, of which 748 MW are late-stage projects.
- PR Newswire•5 days ago
8point3 Energy Partners Announces Closing of Merger Transaction
SAN JOSE, Calif., June 19, 2018 /PRNewswire/ -- 8point3 Energy Partners LP (CAFD) (8point3 or the Partnership) today announced that it has closed the mergers and other transactions contemplated by the Agreement and Plan of Merger and Purchase Agreement, dated as of February 5, 2018, by and among the Partnership and certain affiliates of the Partnership, Capital Dynamics Clean Energy and Infrastructure V JV, LLC, an equity fund managed by Capital Dynamics, Inc., and certain other co-investors (collectively, Capital Dynamics). As previously disclosed, a majority of the outstanding 8point3 public Class A shareholders approved the transactions at a special meeting held on May 23, 2018. As a result of the transactions, 8point3's Class A shares will no longer be publicly traded on the NASDAQ stock exchange.
- Bloomberg•5 days 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.com•5 days ago
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.com•7 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.
- GlobeNewswire•9 days ago
Analysis: Positioning to Benefit within Vector Group, The Goldman Sachs Group, LivaNova, IRSA Inversiones Y Representaciones S.A, T. Rowe Price Group, and First Solar — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, June 15, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Vector ...
- Barrons.com•9 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.
- ACCESSWIRE•10 days ago
Free Pre-Market Technical Recap on First Solar and Three Additional Semiconductor Stocks
Stock Research Monitor: CRUS, LSCC, and CSIQ LONDON, UK / ACCESSWIRE / June 14, 2018/ If you want a free Stock Review on FSLR sign up now at www.wallstequities.com/registration . Pre-market today, WallStEquities.com ...
- Investopedia•12 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.
- Motley Fool•12 days ago
Why First Solar's Stock Dropped 20% in a Week
First Solar was felled by the industry's woes.
- Barrons.com•13 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.
- Benzinga•13 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.
- InvestorPlace•13 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.
- Investor's Business Daily•17 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.
- CNBC•17 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.
- InvestorPlace•17 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.
- Benzinga•17 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.com•17 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.
- Zacks•17 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.com•17 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.
- Investopedia•18 days ago
Top 4 Alternative Energy Companies for 2018
These companies are world leaders in alternative energy and offer a relatively stable investment opportunity.
- Reuters•18 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.
