FSLR why the huge sell off today?First Solar, Inc. stock forum
๏ปฟFSLR why the huge sell off today?
FSLR no one considering the helpful impact of tariffs on Chinese solar panels which would incentivize solar thatโs made in the USA? This stock is cheap right now. 13-14 PE
price must remain above 181.00 for this analysis.
FSLR -- bullish
Buy the Dip: FSLR
First Solar (FSLR) has strong fundamentals and excellent growth potential. The companyโs U.S.-based manufacturing supports millions of American jobs and benefits from a favorable renewable energy outlook.
Analysts remain optimistic about First Solar, with a consensus price target of $285+.
Elon Musk has emphasized the importance of solar, stating, โSolar power will be the vast majority of power generation in the future,โ and highlighting achievements like solar generating over 80% of electricity in parts of Western Australia. With the growing global emphasis on renewable energy,FSLR is well-positioned to rise, potentially hitting $300+.
Additionally, Elon Musk's appointment to lead the Department of Government Efficiency could provide further support for clean energy initiatives.
FSLRFirst Solar (
FSLR) has strong fundamentals and excellent growth potential. The companyโs U.S.-based manufacturing supports millions of American jobs and benefits from a favorable renewable energy outlook.Analysts remain optimistic about First Solar, with a consensus price target of $285+.
Elon Musk has emphasized the importance of solar, stating, โSolar power will be the vast majority of power generation in the future,โ and highlighting achievements like solar generating over 80% of electricity in parts of Western Australia. With the growing global emphasis on renewable energy,
FSLR is well-positioned to rise, potentially hitting $300+.Additionally, Elon Musk's appointment to lead the Department of Government Efficiency could provide further support for clean energy initiatives.
FSLR The best indicator of who won the debate
FSLR tellurium prices have gone up ~25% in the past 2 months. It is probably a good sign of increasing production from first solar.
FSLR Was something off in the guidence call why on earth it's selling to these earning numbers?
FSLR 2024 Trends for First Solar ๐๐๐- ๐ **Strategic Growth Year**: 2023 marked as a foundational year for expansion.
- ๐ฐ **Revenue Growth**: Sales expected to jump to $4.4-4.6 billion in 2024.
- ๐๏ธ **Capacity Expansion**: Heavy investment in increasing production facilities.
- ๐ก๏ธ **Market Challenges**: Faced stiff competition and pricing pressures from Chinese firms.
- ๐ **Capacity Milestone**: Global production capability set to top 21 GW by year-end.