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3 hours ago
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Is Wall Street Bullish or Bearish on First Solar Stock?
With a market cap of $19.8 billion, First Solar, Inc. (FSLR) is a leading global provider of photovoltaic (PV) solar energy solutions. The company specializes in manufacturing cadmium telluride thin-film solar modules and offers project development, operations, and maintenance services to utilities, developers, and commercial customers worldwide. Shares of the Tempe, Arizona-based company have underperformed the broader market over the past 52 weeks. FSLR stock has declined 12.8% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, shares of First Solar have risen 4.8% on a YTD basis, compared to SPX's 8.6% increase. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Looking closer, the largest U.S. solar company stock has also fallen behind the Technology Select Sector SPDR Fund's (XLK) 29.3% return over the past 52 weeks. Shares of First Solar climbed 5.3% following its Q2 2025 results on Jul. 31. The company reported net income of $3.18 per share and revenue of $1.1 billion, topping forecasts. The company also raised its full-year net sales guidance to $4.9 billion - $5.7 billion, above the analyst average, citing expectations for higher product prices following new U.S. tariffs on foreign-made panels. For the fiscal year ending in December 2025, analysts expect FSLR's EPS to grow 27.3% year-over-year to $15.30. The company's earnings surprise history is mixed. It beat the consensus estimates in one of the last four quarters while missing on three other occasions. Among the 30 analysts covering the stock, the consensus rating is a 'Strong Buy.' That's based on 24 'Strong Buys,' two 'Moderate Buy' ratings, three 'Holds,' and one 'Strong Sell.' This configuration is slightly less bullish than three months ago, with 25 'Strong Buy' ratings on the stock. On Aug. 5, UBS raised First Solar's price target to $275 with a 'Buy" rating. As of writing, the stock is trading below the mean price target of $214.63. The Street-high price target of $283 implies a potential upside of nearly 54% from the current price levels. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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4 hours ago
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Western Digital Stock: Is Wall Street Bullish or Bearish?
Valued at a market cap of $26.2 billion, Western Digital Corporation (WDC) develops, manufactures, and sells data storage devices and solutions based on hard disk drive (HDD) technology. The San Jose, California-based company offers a wide-ranging portfolio of storage products, ranging from HDDs and solid-state drives (SSDs) to flash storage devices and enterprise systems. This data storage solutions provider has considerably outperformed the broader market over the past 52 weeks. WDC has soared 69.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, on a YTD basis, the stock is up 67.6%, compared to SPX's 8.6% rise. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Zooming in further, WDC has also outpaced the Technology Select Sector SPDR Fund's (XLK) 29.9% uptick over the past 52 weeks and 14.4% return on a YTD basis. WDC delivered stronger-than-expected Q4 earnings results on Jul. 30, and its shares surged 10.2% in the following trading session. Due to strong growth in its cloud end market, the company's quarterly revenue improved 30% year-over-year to $2.6 billion, exceeding consensus estimates by 6.5%. Moreover, its profitability also looked strong, with adjusted gross margin expanding by 610 basis points year-over-year and adjusted operating income rising by a notable 147.3% from the year-ago quarter to $732 million. Additionally, its adjusted EPS of $1.66 topped the Wall Street forecast by 12.2%. For fiscal 2026, ending in June 2026, analysts expect WDC's EPS to grow 32.9% year over year to $6.02. The company's earnings surprise history is mixed. It exceeded or met the consensus estimates in three of the last four quarters, while missing on another occasion. Among the 22 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 18 'Strong Buy,' one "Moderate Buy,' and three 'Hold' ratings. This configuration is slightly less bullish than three months ago, with 19 analysts suggesting a 'Strong Buy' rating. On Aug. 5, Ananda Baruah from Loop Capital Markets maintained a "Buy" rating on WDC with a price target of $92, implying a 22.7% potential upside from the current levels. The mean price target of $87.71 represents a 17% premium from WDC's current price levels, while the Street-high price target of $100 suggests an ambitious upside potential of 33.4%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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4 hours ago
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Do Wall Street Analysts Like Coinbase Global Stock?
Valued at a market cap of $79.8 billion, Coinbase Global, Inc. (COIN) is a leading cryptocurrency exchange that operates a comprehensive platform for digital assets. The New York–based company provides consumers with a primary financial account for the crypto economy, offers institutions a brokerage platform with deep liquidity across the crypto marketplace, and delivers a suite of products enabling developers to build on-chain applications. This cryptocurrency leader has considerably outpaced the broader market over the past 52 weeks. COIN has rallied 61.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, on a YTD basis, the stock is up 25.1%, compared to SPX's 8.6% return. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! However, narrowing the focus, COIN has lagged behind the First Trust SkyBridge Crypto Industry and Digital Economy ETF's (CRPT) 90.9% uptick over the past 52 weeks and 33.5% surge on a YTD basis. On Jul. 31, Coinbase Global reported weaker-than-expected Q2 results, triggering a 16.7% drop in its share price on the following day. Due to higher subscription and services revenue, the company's total revenue improved 3.3% year-over-year to $1.5 billion, but missed the consensus estimates. The shortfall can be attributed to a 2.1% decline in its transaction revenues. Moreover, despite the modest top-line rise, its adjusted EBITDA fell 14% from the year-ago quarter to $512.1 million, while its adjusted EPS of $0.12 decreased by a sharp 89.1%, missing analyst estimates by 89.9%. For the current fiscal year, ending in December, analysts expect COIN's EPS to decline 37.5% year over year to $4.75. The company's earnings surprise history is mixed. It exceeded the consensus estimates in three of the last four quarters, while missing on another occasion. Among the 31 analysts covering the stock, the consensus rating is a "Moderate Buy' which is based on 13 'Strong Buy,' one "Moderate Buy,' 14 'Hold,' and three 'Strong Sell' ratings. This configuration is less bullish than a month ago, with one analyst suggesting a 'Strong Sell' rating. On Aug. 8, Compass Point downgraded COIN to a "Sell" rating and lowered its price target to $248. The mean price target of $371.33 represents a 19.6% premium from COIN's current price levels, while the Street-high price target of $510 suggests an ambitious upside potential of 64.2%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
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4 hours ago
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What Are Wall Street Analysts' Target Price for EQT Corporation Stock?
Pittsburgh, Pennsylvania-based EQT Corporation (EQT) produces, gathers, and transmits natural gas. Valued at a market cap of $32 billion, the company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers. It also provides marketing and contractual pipeline capacity management services. This energy company has considerably outpaced the broader market over the past 52 weeks. Shares of EQT have surged 65.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 20.1%. Moreover, the stock is up 11.7%, compared to SPX's 8.6% YTD rise. More News from Barchart Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Zooming in further, EQT's outperformance looks even more pronounced when compared to the SPDR S&P Oil & Gas Exploration & Production ETF's (XOP) 9.4% downtick over the past 52 weeks and 6.6% loss on a YTD basis. EQT delivered its Q2 results on Jul. 22. The company's overall revenue grew by a notable 168.5% year-over-year to $2.6 billion, with natural gas, natural gas liquids and oil sales increasing by 91.2%. Higher sales volume and increased average realized prices supported its top-line growth. Moreover, its adjusted EPS came in at $0.45, up from an adjusted loss of $0.08 recorded in the year-ago quarter and 2.3% above the consensus estimates. Despite this, its shares plunged 4.4% in the following trading session. For the current fiscal year, ending in December, analysts expect EQT's EPS to grow 105.6% year over year to $3.31. The company's earnings surprise history is promising. It topped the consensus estimates in each of the last four quarters. Among the 23 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 18 'Strong Buy,' one "Moderate Buy,' and four 'Hold' ratings. This configuration is more bullish than two months ago, with 15 analysts suggesting a 'Strong Buy' rating. On Aug. 2, Jefferies Financial Group Inc. (JEF) analyst Lloyd Byrne maintained a "Buy" rating on EQT and set a price target of $70, implying a 36.5% potential upside from the current levels. The mean price target of $64.39 represents a 25.5% premium from EQT's current price levels, while the Street-high price target of $75 suggests an ambitious upside potential of 46.2%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio
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4 hours ago
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VICI Properties Stock: Analyst Estimates & Ratings
New York-based VICI Properties Inc. (VICI) is an experiential real estate investment trust (REIT) that owns one of the largest portfolios of gaming, hospitality, wellness, entertainment, and leisure destinations. Valued at a market cap of $35.1 billion, the company's portfolio features iconic Las Vegas resorts, regional casinos, luxury hotels, entertainment venues, wellness and spa facilities, golf courses, and other experiential properties across the U.S. and Canada. This experiential REIT has underperformed the broader market over the past 52 weeks. Shares of VICI have gained 5.3% over this time frame, while the broader S&P 500 Index ($SPX) has surged 20.1%. Nonetheless, on a YTD basis, the stock is up 12.6%, outpacing SPX's 8.6% return. More News from Barchart 'It Will Be the Biggest Product Ever': Elon Musk Says Tesla's Optimus Robots Will Be Bigger Than Even Robotaxi Dear Archer Aviation Stock Fans, Mark Your Calendars for August 11 This Hidden-Gem AI Stock Has a Major Catalyst Coming on August 11 Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Moreover, zooming in further, VICI has surged past the Real Estate Select Sector SPDR Fund's (XLRE) marginal drop over the past 52 weeks and a 1.4% uptick on a YTD basis. VICI delivered its Q2 results on Jul. 30, and its shares closed up marginally in the following trading session. The company reported quarterly revenue of $1 billion, up 4.6% year-over-year and marginally above the consensus estimates. Higher income from sales-type leases, along with growth in income from lease financing receivables, loans and securities, supported its top-line performance. Additionally, its AFFO of $0.60 per share improved 5.3% from the same period last year, meeting analyst estimates. Looking ahead, VICI raised its fiscal 2025 AFFO per share guidance to a range of $2.35 to $2.37, further bolstering investor confidence. For the current fiscal year, ending in December, analysts expect VICI's FFO to grow 4.4% year over year to $2.36 per share. The company's FFO surprise history is promising. It met or topped the consensus estimates in each of the last four quarters. Among the 21 analysts covering the stock, the consensus rating is a "Strong Buy' which is based on 17 'Strong Buy,' one "Moderate Buy,' and three 'Hold' ratings. This configuration is slightly less bullish than a month ago, with 18 analysts suggesting a 'Strong Buy' rating. On Aug. 1, Truist Financial Corporation (TFC) analyst Barry Jonas maintained a "Buy" rating on VICI and set a price target of $38, indicating a 15.5% potential upside from the current levels. The mean price target of $36.55 represents an 11.1% premium from VICI's current price levels, while the Street-high price target of $44 suggests a notable upside potential of 33.7%. On the date of publication, Neharika Jain did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
