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FIRST SOLAR INC stock forum

6 days ago

Harris stocks fell in after hours trading session. Things to watch for the day.

Sep 11

The best indicator of who won the debate

Jul 24

tellurium prices have gone up ~25% in the past 2 months. It is probably a good sign of increasing production from first solar.

May 2

Was something off in the guidence call why on earth it's selling to these earning numbers?

Mar 4

2024 Trends for First Solar 🚀🚀🚀

- 🚀 **Strategic Growth Year**: 2023 marked as a foundational year for expansion.
- 💰 **Revenue Growth**: Sales expected to jump to $4.4-4.6 billion in 2024.
- 🏗️ **Capacity Expansion**: Heavy investment in increasing production facilities.
- 🛡️ **Market Challenges**: Faced stiff competition and pricing pressures from Chinese firms.
- 🌍 **Capacity Milestone**: Global production capability set to top 21 GW by year-end.

Mar 1

Pwease get to $160 by EOD 🥲

Feb 28

by bottom liner with GPT4
10/10
• First Solar’s stock rose by 5% following an updated positive outlook.
• 2023 revenue is projected to be between $3.3 billion and $3.6 billion, with expected net income between $1.2 billion and $1.4 billion.
• The expected average selling price for their Module series 6 is $0.29 per watt, with production costs around $0.25 per watt, leaving a healthy margin.
• Guidance for 2024 predicts revenue to be in the range of $4.4 to $4.6 billion, with expected module shipments to be between 15.6 to 16.3 gigawatts.
• The forward P/E ratio for First Solar is estimated to be around 10 times.

Feb 16

Hoping to see a continued run as we approach earnings. The stock may seem overvalued vs the competition, but has been improving margins, their revenue is forecasted to increase QoQ by 63% and YoY by 31%, and solar installations have still been rising steadily.

I'm bullish and hopeful, but only time will tell. Currently holding 160c 03/01 @ 3.50/avg. Tempted to take some profits, but I'm not that smart