First Solar Inc
The major sub-industries of the global power equipment industry
The power generation equipment industry is made up of various sub-industries, each with a structure of its own.
What to Expect from Canadian Solar’s 2Q16 Earnings
Canadian Solar (CSIQ) is expected to announce its 2Q16 earnings results before market hours on August 15, 2016.
Canadian Solar Beat Analysts’ 3Q17 Revenue Estimates
Canadian Solar’s revenues from the sale of electricity in 3Q17 totaled $9.6 million, which was marginally lower than $9.8 million in 2Q17.
Will High Leverage and Coal Dependence Affect Southern Company?
Southern Company (SO) is one of the leading utility companies (XLU) in the US. The company has a history of stable performance.
The Story behind JA Solar’s Inorganic Growth
In November 2011, JA Solar announced the acquisition of a 100% equity interest in Silver Age Holdings.
Are Analysts Looking on the Sunny Side for SunPower in 3Q16?
SunPower (SPWR) reported about $380 million in consolidated revenue for 3Q15. Analysts estimate that the company will report revenue of $778 million in 3Q16, which is close to a 105% increase on a year-over-year basis.
Why Did SunPower Miss Analysts’ 1Q16 EBITDA Estimates?
For 1Q16, SunPower reported EBITDA of $6.3 million, which fell far short of the analyst expectation of $11.5 million.
Why Analysts Expect Canadian Solar’s Revenue to Rise in 2Q16
Canadian Solar reported about $637 million in consolidated revenue for 2Q15. Analysts estimate that it will report revenue of about $726 million in 2Q16.
Analysts Expect SunPower’s Revenues to Decrease in 2Q16
SunPower reported about $381 million in consolidated revenue for 2Q15. Analysts estimate that the company will report revenue of $339 million in 2Q16.
Analyzing JA Solar’s Leverage and Liquidity Position
JA Solar Holdings (JASO) reported $12.1 million as interest expense for 3Q17 compared to $12.4 million in 2Q17 and $11.3 million in 3Q16.
SUNE’s TerraForm Global Goes Public, to Focus on Emerging Markets
After launching TerraForm Power (TERP) in 2014, SunEdison (SUNE) launched an IPO of its much hyped emerging market yieldco, TerraForm Global (GLBL), in July 2015.
The Guggenheim Solar ETF Extends Its Gains on April 22
The Guggenheim Solar ETF (TAN) extended its gains by 1.2% on April 22.
How the World Is Dealing with the Climate Challenge
Extreme climate change events hamper productivity, thus affecting industries such as agriculture, fishing, energy, trade, transportation, and tourism.
First Solar Clinches Top SPY Position
First Solar (FSLR) rose 5.7% yesterday after 195 nations attending the Paris climate change conference reached a historic agreement to cut emissions to address climate change.
What to Expect From First Solar’s 2Q16 Earnings
First Solar (FSLR) is expected to announce its 2Q16 earnings results on August 4, 2016, after market hours.
Introducing SolarCity, a Powerhouse in Solar Technology
SolarCity is a vertically-integrated solar company. Despite advancing technology and expanding reach, it has seen negative earnings most years since 2007.
Understanding Trina Solar’s Valuation Compared to Peers: Who’s Trading at a Discount?
Four out of 11 analysts covering Trina Solar have rated the stock a “buy.” Six have rated the stock a “hold,” and one recommends a “sell” for the stock.
Citron Research Tweet Pulled NVIDIA Prices Lower on December 28
The S&P 500 Information Technology sector fell 0.87% on December 28. NVIDIA (NVDA) and First Solar (FSLR) were the top losers.
Must-Knows for JA Solar Investors from Service and Product Suite
JA Solar (JASO) is primarily involved in the design, development, manufacturing, and sales of solar power products based on crystalline silicon technologies.
SunEdison’s Solar Energy and Semiconductor Businesses
On December 2, 2016, GlobalWafers completed the acquisition of SunEdison Semiconductor for $683.0 million.
First Solar Sells Its California Flats Project
The California Flats project On August 22, 2017, First Solar (FSLR) sold its 280-megawatt (or MW) California Flats project to Switzerland-based asset management company Capital Dynamics for an undisclosed amount. The PV power station is spread across 2,900 acres of ranch land in Monterey County in southeast California. The project is still under construction. What […]
Solar Stocks: Analyzing the Top Gainers of 2019
Solar stocks have been a sweet spot among equities this year. On average, they’ve gained 50% this year, notably outperforming broader markets.
How First Solar helped Apple top a $700 billion market cap
First Solar (FSLR) has entered an agreement to sell electricity from 130 MW of capacity for the next 25 years. The end user is none other than Apple (AAPL).
Yieldco: A Green Investment Option That Pays
While REITs started trading in 1951 and MLPs started off in 1981, the first yieldco was floated in 2005 by Seaspan Corporation, a shipping company.
Solar ETFs and Stocks Fail to Shine During the Week of June 26
All ten solar players on our coverage list fell during the week. The SPDR S&P 500 ETF fell 0.5% during the same week.
Windstream Holdings Emerges among SPY’s Top Stocks
SPY’s top stocks on December 16, 2015, were First Solar, Windstream Holdings, and Joy Global. They rose 9.7%, 6.2%, and 6.1%, respectively, on the day.
Can SunPower Beat Analysts’ Expectations in 2Q16?
SunPower (SPWR) is expected to announce its 2Q16 earnings results on July 26, 2016, after market hours.
First Solar faces some must-know challenges
While First Solar has traditionally been manufacturing thin-film CdTe modules, which don’t require polysilicon, their prices have fallen in recent years.
Consumer Stocks and the Technology Sector See Huge Gains
The Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) rose 1.0% and 0.5%, respectively, in yesterday’s trade.
What Does Yingli Solar’s Product Suite Entail?
Yingli Solar (YGE) offers products and services that span the entire value chain of integrated power products.
A Closer Look at Trina Solar’s 2Q16 Shipments
Trina Solar (TSL) had given shipment guidance of 1,500 MW (megawatts) to 1,600 MW for 2Q16. However, the company reported 1,658.3 MW of solar (TAN) module shipments recognized in its revenue for 2Q16.
Stock Upgrade Pushed First Solar to the Top of SPY
First Solar has earned 11 “buy” recommendations, eight “hold” recommendations, and one “sell” recommendation.
Trina Solar and Canadian Solar See Gains on April 21
The Guggenheim Solar ETF (TAN) gained 0.9% on April 21. American solar stocks account for 47% of the fund’s holdings, and Chinese solar stocks account for another 44%.
Brookfield Renewable Energy: Biggest Yieldco by Asset Base
With over 6,700 MW of hydro and wind capacity under operation, Brookfield Renewable Energy Partners (BEP) dwarfs all other yieldcos we’ve looked at.
SunEdison or FirstSolar? Diversification or a Strong Focus?
FirstSolar (FSLR) nailed its 2Q15 earnings. The company’s focus on solar power differentiates it from SunEdison (SUNE).
How Has JA Solar Stock Performed in 2016?
JA Solar (JASO) stock fell nearly 39% from January 4, 2016, through September 22, 2016.
Solar Stocks Continued to Delight Investors
There has been a flurry of positive indicators supporting solar stocks recently.
SunPower: A Dynamic Solar Power Company
According to the DOE, roughly 400,000 households were powered by rooftop solar panels in 2013. That isn’t even 1% of the total households in the US.
Solar Stocks and ETFs Drop Following EU Decision
The European Union decided to review a minimum import price agreement for Chinese solar panels, pulling the solar stocks down.
First Solar Stock Rises on Earnings Beat — Is It a Buy?
Why Canadian Solar’s Shipments Rose during 3Q17
In 4Q17, Canadian Solar expects its solar module shipments to reach ~1.7–1.8 GW.
Where Does Yingli Solar’s Valuation Stand among Peers?
As of December 9, 2016, among its major peers, Yingli Solar had the highest forward EV-to-EBITDA multiple of 14.3x.
Can JA Solar Outperform Its Peers in Fiscal 2016?
Analysts expect a fall in JA Solar’s revenue in 3Q16. They anticipate that consolidated revenue will fall 7% on a quarter-over-quarter basis.
Price Targets: Solar Stocks’s Attractive Potential Gain
First Solar (FSLR) stock offers a healthy potential upside of ~18% going forward, compared to its current market price of $54.71.
JA Solar’s Costs in 3Q17 and How That Affected Its Bottom Line
JA Solar’s total cost of sales for 3Q17 was $575.4 million compared to $778.9 million in 2Q17 and $539.3 million in 3Q16.
Where Could SunPower Stock Go from Here?
Wall Street analysts have given SunPower stock a mean target price of $8.56, which indicates a potential upside of 11.5% for the next 12 months.
These Solar Stocks Offer a Strong Gain Potential for 2020
Overall, 2019 turned out to be volatile for solar stocks. However, there were some bright spots among broader markets last year.
How’s First Solar Stock Placed before 2020?
Wall Street analysts have given First Solar a mean target price of $70.9, which indicates a potential upside of 22% for the next 12 months.
What’s in Store for First Solar Stock?
First Solar stock lost 3.4% last week after the US Court of International Trade blocked the Trump administration from withdrawing a tariff exemption.
Will the US Solar Industry Get Trump’s Support?
To boost the domestic solar industry, Trump imposed a 30% tariff on imported panels last year. However, the policy severely impacted the sector.
Southern Company bets on solar generation
Last week, Southern Company (SO) announced that it will develop a 131 megawatt solar PV project in Georgia. The project will be part of SO’s unregulated operations.
Is First Solar Stock Attractive Again after a Steep Fall?
The recent uptrend in First Solar (FSLR) stock might have soothed investors, but the worst may not be over yet. Here’s why.
Why net capacity additions are important
Capacity is defined as the potential power output that power plants can generate. Each power plant has a shelf life. After the shelf life, they’re replaced with new power plants.
Where Enphase Energy Stock Might Be Heading
Enphase Energy stock fell almost 4% on Monday. The company announced its supply agreement with Sunrun to provide seventh-generation IQ microinverters.
Tesla Solar: Will Innovative Products Lead to Success?
Innovation will be the competitive advantage for Tesla Solar. Tesla launched a solar roof tile last month that’s more efficient and is easier to install.
Where First Solar Stock Might Go from Here
First Solar stock has an EV-to-EBITDA valuation of 6.4x its estimated earnings for the next 12 months. The industry’s mean valuation is greater than 11x.
Is Enphase Energy Attractive after Its 50% Fall?
Since reaching an all-time high in August, Enphase Energy stock has almost halved in value. However, its recent quarterly earnings weren’t so bad.
Will SunPower’s Spin-Off Plan Help Its Stock?
SunPower announced its plans to spin-off businesses into global solar panel manufacturing and US distributed solar generation and storage.
First Solar Stock Still Looks Weak after Q3 Earnings
First Solar’s (FSLR) third-quarter earnings didn’t boost its stock. Investors were disappointed with wide misses on the revenues and earnings front.
SunPower Stock Surges after Strong Q3 Earnings
SunPower (SPWR) surprised investors with strong third-quarter earnings on October 30. It reported EPS of $0.07, beating analysts’ consensus estimate.
First Solar Stock Could Rally despite Q3 Earnings Miss
Yesterday, First Solar (FSLR) returned to profits in Q3 after reporting deep losses in Q2. FSLR missed analysts’ estimates and posted EPS of $0.29.
Why Enphase Energy Stock Is Rising Today
Solar inverter maker Enphase Energy (ENPH) stock was up more than 4% at 11:10 ET today. ENPH recovered after it fell more than 8% yesterday.
How Is First Solar Stock Placed ahead of Its Q3 Earnings?
Solar panel maker First Solar (FSLR) plans to report its Q3 earnings on October 24. Analysts expect the company to report earnings per share of $1.19.
Solar Stocks: Paying Too Much for a Rosy Outlook?
Solar stocks highlighted the top-rallied sectors this year. After hitting multiyear highs, many solar stocks have fallen as much as 40% since August.
Will Solar Tech Power Self-Driving Cars?
In this video interview, Ben Lenail of Alta Devices talks about the future of solar power in next-generation vehicles and beyond.
Solar Stocks with Bright Upside Potential: FSLR, ENPH
Solar stocks have had a great run this year. Strong demand, falling costs, and higher corporate investments have supported these renewables in 2019.
How Solar Stocks Played Out in August
Trade war intensified in August and that took a toll on the broader markets. However, solar stocks were largely positive and hint at future demand.
Is the Recent Weakness in Solar Stocks an Opportunity?
Almost all solar stocks fell sharply on September 26. First Solar (FSLR) fell about 7% yesterday while this year’s top gainer, Enphase Energy, fell 7.5%.
Why First Solar Stock Could Continue to Climb
Top solar stock First Solar (FSLR) has surged about 10% in September. FSLR is trading close to its 52-week high and might continue to march upward.
Where Could First Solar Stock Go from Here?
Almost all the solar stocks have had a fantastic run so far this year, and First Solar (FSLR) is no exception. FSLR stock is up more than 45% year-to-date.
Enphase Down 25% from All-Time High—Time to Buy?
Enphase Energy has fallen almost 20% from its all-time high of $35.4. The stock is still sitting at a huge gain of approximately 500% this year.
First Solar Stock Looks Strong Compared to Its Peers
First Solar (FSLR) stock fell more than 10% from its 52-week high early this month. In a strong solar environment, FSLR stock has gained more than 45% YTD.
Enphase Energy Stock Looks Strong, 600% 2019 Gain
Solar microinverter company Enphase Energy (ENPH) has rallied more than any other stock in the space this year with a more-than-600% gain.
Which Solar Stocks Offer Handsome Upside Potential?
Solar stocks have been on an impressive run this year. So far, Enphase Energy (ENPH) stock has risen more than 530% in 2019.
Why Solar Stocks Were Mixed Last Week
Solar stocks started last week significantly lower due to increased trade war concerns. The solar energy space is one of the hottest sectors this year.
SunEdison and FirstSolar Publish Their 2Q15 Earnings
FirstSolar (FSLR) and SunEdison (SUNE) published their 2Q15 earnings on August 4 and August 6, respectively. The results starkly contrasted with each other.
First Solar: A key player in the global solar power industry
First Solar was the first solar power company to join the S&P 500 (SPY). We’ll take a look at the company’s operations before moving on to greater details.
Solar Stocks: What Can Investors Expect?
Among the top solar stocks, First Solar broke below its 50-day moving average level, which might open a new downside for the stock in the short term.
First Solar Disappoints in Q2 but Raises Guidance
First Solar (FSLR) reported its second-quarter earnings results yesterday. It reported EPS of -$0.18 for the quarter.
Analysts Are Upbeat ahead of First Solar’s Q2 Earnings
First Solar’s second-quarter earnings on August 1 will likely decide its path going forward. The solar space is one of the hottest sectors this year.
Solar Stocks: Sunnova’s Debut, Q2 Earnings, and More
Solar stocks traded a little sluggish in the last few weeks. First Solar has risen more than 53%, while SunPower has risen more than 106% this year.
Solar Stocks Continued to Rise Last Week
The top solar stocks seem unstoppable. The stocks rose more than 3% last week. Solar stocks are trading at their respective multiyear highs.
Solar Stocks: Will the Momentum Continue in Q2?
The Solar Energy Industries Association and Wood Mackenzie expect solar installations to increase 25% in 2019 compared to 2018. Previously, the group expected 14% growth in 2019.
FSLR, RUN, and SPWR: Analysts’ Recommendations
First Solar (FSLR) stock offers a potential upside of 9% for the next 12 months. The stock has a mean target price of $70.3—compared to its current market price of $61.8.
First Solar: Analysts’ Recommendations after Its Q1 Earnings
According to analysts’ consensus estimates, First Solar (FSLR) stock offers a potential upside of more than 15% for the next 12 months.
First Solar Reported a Q1 Loss, Raised Sales Guidance
First Solar (FSLR) reported its first-quarter earnings on May 2. The company reported total revenues of $532.0 million.
First Solar’s Q1 Earnings: Fresh Upside for Its Stock?
First Solar (FSLR) is scheduled to release its first-quarter earnings on May 2. First Solar is expected to report total revenues of $624.0 million.
First Solar Stock: Analysts’ Recommendations
Based on analysts’ estimates, First Solar stock offers a potential upside of ~8% for the next 12 months.
Why Did First Solar Stock Rise 8% on April 10?
First Solar (FSLR) stock rose more than 8% on April 10 and closed almost at its ten-month high.
Albemarle Ups Its Quarterly Dividend for the 25th Straight Year
For the first quarter of 2019, Albemarle has declared a quarterly dividend of $0.3675 per share.
First Solar’s Must-Know Indicators and Short Interest
First Solar (FSLR) stock is currently trading at $54.71. The strength in the stock is underlined by its fair premium to both its key support levels.
FSLR: Comparing Solar Stocks’ Latest Valuations
Let’s look at the current valuations for the top solar stocks in this part of our series. First Solar (FSLR) stock is currently trading at a forward EV-to-EBITDA valuation of 7x.
Why 2019 Could Be Better for First Solar
2019 could be a lot better and a step in a different direction for the solar energy sector as a whole. Solar stocks have already performed well so far.
First Solar’s Results: Q4 Profit Fell but 2019 Guidance Is Intact
First Solar (FSLR) released its fourth-quarter and full-year 2018 earnings on February 21.
How Institutional Investors Played First Solar in Q4
The Vanguard Group, the top institutional investor in First Solar, continued to trim its stake in the solar company during the fourth quarter.
TAN: Institutional Activity in Solar Stocks in Q4
Solar stocks started 2019 on a solid note. So far, the Invesco Solar ETF (TAN) has risen more than 30% in 2019.
SunPower’s Loss Widened, Revenues Fell 15% in 2018
SunPower reported its fourth-quarter and fiscal 2018 financial results on February 13. The company reported an adjusted loss of $0.21 per share.
FSLR, RUN, and SPWR: Comparing Stock Returns
In the past year, First Solar (FSLR) stock returned -37%, while SunPower (SPWR) returned -41%.
How’s First Solar Stock Placed Compared to Its Peers?
First Solar stock is trading at a forward PE ratio of 18x. On average, solar stocks (TAN) are trading at a forward valuation multiple of 14x.
Solar Stocks Offer a Huge Upside Potential for 2019
First Solar (FSLR) stock offers a potential upside of 58% going forward compared to its current market price of $40.5.