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First Solar Inc’s stock reached a new 52-week high, trading at $248.22, with InvestingPro data showing the stock has climbed over 63% in just the past six months. This milestone underscores the company’s strong performance in the renewable energy sector, supported by its "GREAT" Financial Health score and robust gross profit margin of nearly 43%. The stock has experienced a notable 19.74% increase in its value over the last 12 months, reflecting investor confidence and the growing demand for sustainable energy solutions. This upward trajectory highlights First Solar’s strategic advancements and market positioning, further solidifying its role as a leader in solar technology. With earnings scheduled for October 30th, InvestingPro offers exclusive insights through its comprehensive Pro Research Report, featuring detailed analysis of FSLR’s valuation metrics and growth prospects among 1,400+ top US stocks.
In other recent news, First Solar has been the focus of multiple analyst updates. Needham initiated coverage on First Solar with a Buy rating and set a price target of $286, based on their 2026 earnings per share estimate of $23.80, which surpasses the consensus estimate. BofA Securities also raised its price target for First Solar to $254, maintaining a Buy rating, citing the company’s U.S. finishing capacity buildout as a key factor in its transition to execution-led growth. Meanwhile, Jefferies increased its price target to $260, highlighting First Solar’s fully booked U.S. manufacturing capacity through 2028 and a return to "price discovery mode."
Additionally, JPMorgan reiterated First Solar as a "top pick" with a $241 price target for December 2025, suggesting a potential upside. The bank recommends buying September call spreads on First Solar ahead of the RE+ conference, anticipating positive developments in the solar sector. These updates reflect a broader positive sentiment among analysts regarding First Solar’s future performance and strategic initiatives.
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