Introduction
The First Solar stock, despite current challenges, shows a mixed performance with positive impulses from market protectionism. In this blog post, we will highlight the central aspects that could influence the future development of the stock.
Financial Figures and Forecasts
For the year 2025, market consensus expects a revenue increase of 31% to 5.51 billion USD, while earnings per share are projected to be 18.46 USD (+54%). In February, the company itself confirmed a net revenue forecast of 5.3–5.8 billion USD for 2025, exceeding market expectations.
Price Development and Analyst Ratings
Current Price: After a low of about 110 Euros in early April, the stock rose by 7.98% to 118.76 Euros on April 9. Long-term Weakness: Since the beginning of the year, the stock has lost about 34%, but is significantly below the 52-week high of 278.20 Euros in June 2024. Analyst Adjustments: Bank of America lowered its price target from 236 USD to 215 USD but maintained its buy recommendation – a signal of long-term confidence.
Protectionist Measures as Drivers
Although not explicitly mentioned in the sources available, anti-dumping duties against Asian competitors like JinkoSolar could strengthen the US market advantage. This could improve the company’s competitive position and reduce margin pressures.
Risk Factors
- Patent Disputes: The lawsuit against JinkoSolar regarding TOPCon technology patents presents legal uncertainties.
- Technological Race: The global pressure to reduce costs for solar modules requires high innovation expenditures.
Conclusion
While protectionist measures could provide short-term tailwinds, the sustainable recovery depends on the resolution of patent conflicts and the achievement of ambitious revenue goals. The divergent analyst assessments reflect this ambivalence – despite price declines, institutional investors still see long-term potential in the company’s technological leadership.