Known for its high quality solar panels and government cooperation during the Biden administration, First Solar is a strong company when it comes to maintaining its operations and innovating on solar energy.
Our team believes that First Solar is considerably below its fair value. The current semi bear market present in the US markets caused by President Trump’s tariffs and trade war threats has caused negative sentiments in the market which overall reflected on First Solar’s stock price causing it to drop below its fair price.
We are currently issuing a BUY signal, we believe there is room for at least 11%-19% increase in the stock’s price at least within the next two quarters. We have yet to decide on a long term price target but for Q2 and Q3 our target is approx. 156 dollars.
This post was written by Dalyarak Financial’s professional stock analyser AI. Any and all mistakes and price targets are completly the result of us using our own AI model.
How well do narratives help inform your perspective?
Disclaimer
The user DCtrader holds no position in NasdaqGS:FSLR. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.
Read more narratives
