Latest news with #FirstSolar
Yahoo
2 days ago
- Business
- Yahoo
Jim Cramer and Wall Street Are Watching Sunrun Inc. (RUN)
We recently published a list of . In this article, we are going to take a look at where Sunrun Inc. (NASDAQ:RUN) stands against other stocks on Jim Cramer and Wall Street's radar. During an episode at the end of April, Cramer remarked the following about Sunrun Inc. (NASDAQ:RUN): 'No, a bad couple quarters. I can't be there. And by the way, look, First Solar's a really good company. It got clubbed the other day. I think the group is very fraught right now. It's fraught.' A field of solar panels glistening in the afternoon sun, symbolizing the company's renewable energy ambitions. Sunrun Inc. (NASDAQ:RUN) is a residential solar energy company that designs, installs, and maintains solar systems and battery storage. On May 22, BMO Capital analyst Ameet Thakkar downgraded Sunrun's (NASDAQ:RUN) rating to Underperform from Market Perform and also lowered the price target to $4 from $9. The firm believes changes proposed in President Trump's 'One Big Beautiful Bill Act' could block the company from claiming solar investment tax credits on residential leases under Section 48E starting in fiscal 2026. Although the bill is not yet final and may be revised, the recent draft dropped Section 25D credits, and there appears to be little support in the Senate to bring back residential credits. Since most of Sunrun's (NASDAQ:RUN) customers lease their systems and the company keeps the tax benefits, losing access to 48E poses a serious threat to its business model. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Connectez-vous pour accéder à votre portefeuille
Yahoo
4 days ago
- Business
- Yahoo
First Solar, Inc. (FSLR): A Bear Case Theory
We came across a bearish thesis on First Solar, Inc. (FSLR) on Stock Whisperer's Substack. In this article, we will summarize the bears' thesis on FSLR. First Solar, Inc. (FSLR)'s share was trading at $158.38 as of 23rd May. FSLR's trailing and forward P/E were 13.46 and 10.17 respectively according to Yahoo Finance. Solar panels in an agricultural field, highlighting the company's commitment to renewable energy. First Solar (FSLR) appears to be under meaningful pressure, with a confluence of technical, fundamental, and sentiment indicators suggesting short-term downside risk. Technically, the stock is firmly in a downtrend, forming lower highs and lows, with the MACD signaling persistent negative momentum. Heightened trading volumes on down days point to institutional selling, while a critical support level at $120 could invite further selling if breached. A break above $160 resistance seems unlikely in the current environment. Fundamentally, while a low trailing P/E of 11.09 may imply value, sector-wide volatility, rising interest rates, and tariffs have clouded growth prospects. Even with a 36% forecasted EPS growth, rising costs and weaker guidance have weighed on earnings credibility. The stock now trades near its 52-week lows, reflecting macroeconomic headwinds and sector challenges. Sentiment around FSLR is largely negative, further pressured by recent earnings misses, guidance cuts, and analyst downgrades, including one from Jefferies. Broader weakness in the technology and energy sectors, coupled with ongoing tariff uncertainty, further dampens the investment case. Without a material catalyst—such as policy support or operational surprises—the stock is likely to remain under pressure over the next 1–4 weeks. While long-term investors may see an eventual rebound opportunity tied to renewable energy trends, the short-term risk/reward skews bearish. Investors should proceed with caution, recognizing the potential for further downside unless key technical levels hold and sentiment materially shifts. Previously, we have covered First Solar, Inc. (FSLR) in April 2025, wherein we summarized a bearish thesis from Oliver | MMMT Wealth on Substack. The author highlighted First Solar's unique CdTe technology and its advantage from U.S. tariffs on imported silicon panels. It was seen as well-positioned to benefit from rising demand for American-made clean energy amid geopolitical shifts. Since our last coverage, the stock is up 31%. First Solar, Inc. (FSLR) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held FSLR at the end of the first quarter which was 65 in the previous quarter. While we acknowledge the risk and potential of FSLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than FSLR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Yahoo
4 days ago
- Business
- Yahoo
Goldman Sachs Upgrades First Solar Price Target to $255 (Ready for Inan)
On 19 May, Goldman Sachs' analyst – Brian Lee – upgraded First Solar, Inc. (NASDAQ:FSLR) price target from $204 to $255, keeping a 'Buy' rating on the stock. Brian Lee, the firm's analyst, stated that the revised 12-month price target prices a higher P/E multiple applied to their EPS forecasts over the next four quarters. This increase accounts for First Solar's potential to outperform, primarily due to supportive trade policies and tariff relief. The estimate also includes around $3 per share in net cash. A photovoltaic field at dawn, its solar panels shimmering in the light of a new day. The analyst said that the primary risk factors for First Solar, Inc. (NASDAQ:FSLR) are the possibility of module oversupply and higher-than-expected module costs, trade policy, and manufacturing credits. First Solar (NASDAQ: FSLR) jumped almost 20% on May 13, thanks to a report that House GOP lawmakers have cooked up a hefty tax and spending plan. The key was the softening of the blow on credit cuts for solar and wind — not as brutal as expected. J.P. Morgan says the leaked parts of the reconciliation bill look pretty bullish for solar, wind, and geothermal players. They've trimmed down the definitions of production and investment tax credits, but they're sticking around till 2028 — and only then do they start fading out, gradually, till 2032. Analyst Mark Strouse called the whole thing a 'significant positive' for First Solar because these 45X credits are expected to make up around 60% of the company's earnings over the next two years. Plus, the new restrictions on foreign competitors give First Solar a leg up. The stock is already up 34.6% over the last 30 days. While we acknowledge the potential of FSLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FSLR and that has 100x upside potential, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Here is Why First Solar (FSLR) Fell Last Week
The share price of First Solar, Inc. (NASDAQ:FSLR) fell by 6.87% between May 20 and May 27, 2025, putting it among the Energy Stocks that Lost the Most This Week. Let's shed some light on the development. A solar panel farm with an orange sky illuminating the vast landscape. First Solar, Inc. (NASDAQ:FSLR) is a leading American solar technology company and global provider of responsibly produced, eco-efficient solar modules. First Solar, Inc. (NASDAQ:FSLR) suffered a setback last week after House Republicans passed a tax bill that terminates key clean energy credits that have been necessary to sustain the country's solar energy industry. The 'one big beautiful bill' makes it impossible for solar energy players to claim or transfer tax credits, while terminating them completely for installers that lease equipment to customers. However, as the biggest producer of solar panels in the U.S. with a large domestic manufacturing footprint, First Solar remained relatively unhurt since manufacturing subsidies do not appear to have been touched. Another development working in favor of First Solar, Inc. (NASDAQ:FSLR) last week is when Jefferies analyst Julian Dumoulin-Smith updated the price target for FSLR from $127 to $157, while maintaining a Hold rating on the stock. While we acknowledge the potential of FSLR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FSLR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None.
Yahoo
5 days ago
- Business
- Yahoo
First Solar, Inc. (FSLR): A Bear Case Theory
We came across a bearish thesis on First Solar, Inc. (FSLR) on Stock Whisperer's Substack. In this article, we will summarize the bears' thesis on FSLR. First Solar, Inc. (FSLR)'s share was trading at $158.38 as of 23rd May. FSLR's trailing and forward P/E were 13.46 and 10.17 respectively according to Yahoo Finance. Solar panels in an agricultural field, highlighting the company's commitment to renewable energy. First Solar (FSLR) appears to be under meaningful pressure, with a confluence of technical, fundamental, and sentiment indicators suggesting short-term downside risk. Technically, the stock is firmly in a downtrend, forming lower highs and lows, with the MACD signaling persistent negative momentum. Heightened trading volumes on down days point to institutional selling, while a critical support level at $120 could invite further selling if breached. A break above $160 resistance seems unlikely in the current environment. Fundamentally, while a low trailing P/E of 11.09 may imply value, sector-wide volatility, rising interest rates, and tariffs have clouded growth prospects. Even with a 36% forecasted EPS growth, rising costs and weaker guidance have weighed on earnings credibility. The stock now trades near its 52-week lows, reflecting macroeconomic headwinds and sector challenges. Sentiment around FSLR is largely negative, further pressured by recent earnings misses, guidance cuts, and analyst downgrades, including one from Jefferies. Broader weakness in the technology and energy sectors, coupled with ongoing tariff uncertainty, further dampens the investment case. Without a material catalyst—such as policy support or operational surprises—the stock is likely to remain under pressure over the next 1–4 weeks. While long-term investors may see an eventual rebound opportunity tied to renewable energy trends, the short-term risk/reward skews bearish. Investors should proceed with caution, recognizing the potential for further downside unless key technical levels hold and sentiment materially shifts. Previously, we have covered First Solar, Inc. (FSLR) in April 2025, wherein we summarized a bearish thesis from Oliver | MMMT Wealth on Substack. The author highlighted First Solar's unique CdTe technology and its advantage from U.S. tariffs on imported silicon panels. It was seen as well-positioned to benefit from rising demand for American-made clean energy amid geopolitical shifts. Since our last coverage, the stock is up 31%. First Solar, Inc. (FSLR) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 52 hedge fund portfolios held FSLR at the end of the first quarter which was 65 in the previous quarter. While we acknowledge the risk and potential of FSLR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than FSLR but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
