Discussions

First Solar, Inc. stock discussion

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