First Solar, Inc. (FSLR)
First Solar, Inc. is an American manufacturer of photovoltaic (PV) solar panels and provider of utility-scale solar energy solutions. Founded in 1999, the company specializes in thin-film solar technology, which offers a lightweight and cost-effective alternative to traditional crystalline silicon panels. First Solar is known for its focus on large-scale solar project development, manufacturing, and sustainable energy practices.
Company News
With potential oil price increases and Federal Reserve interest rate cuts, three stocks are positioned to benefit: First Solar, Southwest Airlines, and Transocean, each offering unique advantages in alternative energy and oil-related sectors.
The global solar-integrated construction materials market is projected to grow from $90.2 billion in 2024 to $259.2 billion by 2034, driven by sustainable development goals, smart city initiatives, and increasing demand for energy-efficient building solutions.
Despite market highs, two Motley Fool analysts highlight potential investment opportunities in Trex and First Solar stocks, suggesting these companies merit closer examination.
Tech stocks experienced a third consecutive day of losses, with markets cautious ahead of Fed Chair Powell's upcoming speech. Weekly jobless claims rose, and solar stocks plunged after critical comments from Trump.
First Solar is scheduled to release its Q2 2024 results on July 30. The company is expected to report revenue growth of 16.7% and a 44.3% surge in earnings per share. Key factors include increased module production and shipments, as well as improved average selling prices. However, higher production costs may have impacted earnings.
