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.
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.
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.
Enphase Energy or SolarEdge: How They Stack Up
Enphase Energy (ENPH) stock fell more than 5% Friday after gaining around 25% collectively over the five previous trading sessions.
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.
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.
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.
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.
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.
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.
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.
SolarEdge’s Earnings: Will Stock Follow Peers after Q2?
SolarEdge Technologies (SEDG) reported its second-quarter earnings on Tuesday. The company reported an EPS of $0.94 for the quarter ending June 30.
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.
SunPower Reports Loss in Q2, Raises 2019 Guidance
On Wednesday, SunPower reported its second-quarter earnings after the markets closed. The company reported an adjusted loss of $0.22 per share.
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.
SunPower’s Earnings: Why Q2 Looks Gloomy
Analysts expect SunPower (SPWR) to have poor earnings in the second quarter. SunPower’s second-quarter earnings are expected on July 31.
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 Continued to Delight Investors
There has been a flurry of positive indicators supporting solar stocks recently.
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.
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.
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.
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.
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.
What to Expect from Tesla’s Energy Segment in 2019
Since Tesla’s (TSLA) inception, analysts have remained divided in terms of its future growth prospects.
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.
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%.
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.
Comparing First Solar, SunRun, and SunPower’s Valuations
First Solar (FSLR) stock is trading at a forward EV-to-EBITDA multiple of 4x based on analysts’ earnings estimates for 2019.
Analysts Expect Yingli Solar’s Revenue to Rise in 3Q17
In 3Q16, Yingli Solar (YGE) posted nearly $218.9 million in total revenues. Analysts estimate that it will report ~$242 million in revenues in 3Q17.
Yingli Solar Stock Has a ‘Sell’ Rating before Its 3Q17 Results
Currently, only one analyst is covering Yingli Solar (YGE) stock. The analyst gave the company a “sell” (or 100%) rating.
What to Expect from Yingli Solar’s 3Q17 Earnings
Yingli Solar will announce its 3Q17 earnings results on December 6 before market hours. Since its 2Q17 earnings, its stock price has fallen nearly 13.1%.
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.
Why Canadian Solar’s Shipments Rose during 3Q17
In 4Q17, Canadian Solar expects its solar module shipments to reach ~1.7–1.8 GW.
Why Canadian Solar’s Stock Price Fell after Its 3Q17 Results
Canadian Solar (CSIQ) reported its 3Q17 earnings results on November 9. CSIQ declared earnings per share of $0.22, slightly below the analyst consensus estimate of $0.26.
How Did Vivint Solar’s Costs Affect Its Bottom Line in 3Q17?
In 3Q17, Vivint Solar (VSLR) posted $34.7 million as its cost of revenue for its operating leases and incentives, higher than the $33.8 million in 2Q17 but lower than the $39.3 million in 3Q16.
Vivint Solar Beat Analysts’ 3Q17 Revenue Estimates
Vivint Solar reported $75.1 million in consolidated revenue for 3Q17 compared to $73.0 million in 2Q17 and $41.3 million 3Q16.
Vivint Solar Reported Rise in Estimated Retained Value in 3Q17
Vivint Solar (VSLR) reported a cost per watt of $2.94 for 3Q17, higher than the $2.88 it reported in 2Q17 and $3.85 in 3Q16.
Why Vivint Solar Stock Fell after 3Q17 Results
Vivint Solar posted $75.1 million in revenues in 3Q17, up by 82% on a YoY (year-over-year) basis.
Why SunPower Reported Lower 3Q17 Revenues
SunPower (SPWR) reports its revenue under the power plant, residential, and commercial segments. The latter two segments are together called the distributed generation segments.
SunPower Stock Surges 15% after 3Q17 Earnings Release
SunPower (SPWR) announced its 3Q17 earnings before market hours on November 2. In this series, we’ll examine SunPower’s 3Q17 results in detail and compare the results with analysts’ estimates.
A Close Look at SunEdison
SunEdison filed for Chapter 11 bankruptcy on April 21, 2016. It’s currently trading on OTC (over-the-counter) markets under the ticker SUNEQ.
First Solar’s Strong Balance Sheet Sets It Apart from Peers
Debt profile As of December 31, 2016, First Solar (FSLR) had total debt of $188.4 million, lower than its debt of $289 million at the end of 2015. The company’s debt is denominated in various currencies, including the US dollar, Malaysian ringgit, and euros. Credit metrics With a net worth of over $5 billion and $555.8 […]
First Solar’s Profits Impacted by Heavy Restructuring Charges
Pre-tax loss First Solar’s (FSLR) pretax loss in 2016 was $471.7 million, compared with a profit of $519.8 million in 2015. The loss could be attributed to the huge $729 million restructuring pre-tax charges faced by the company in the fourth quarter of 2016. Net loss in 2016 First Solar reported a net loss of $358.0 […]
Why First Solar’s Gross Margins Contracted in 2016
Cost of sales First Solar’s (FSLR) Components segment saw its cost of sales rise 6% to $1.1 billion in fiscal 2016, from $1.0 billion in fiscal 2015. On the other hand, despite higher volumes, the Systems segment’s cost of sales fell 29% to $1.1 billion in fiscal 2016 from $1.6 billion in fiscal 2015. Overall, the company’s cost […]
How Will Restructuring Initiatives Impact SunPower?
SunPower expects to incur about $225 million–$275 million in restructuring charges as part of closing its Philippine-based Fab 2 manufacturing facility.
Why SunPower Stock Rose after the Restructuring Announcement
The market cheered SunPower’s restructuring initiatives. The initiatives are expected to reduce the company’s costs and improve its future margins.
What Do Analysts Expect for Yingli Solar’s Margins in 3Q16?
For 3Q16, analysts expect Yingli Solar to report a gross profit of about $31.0 million with a gross margin of about 12.4%, which is in line with the company’s gross margin guidance.
What to Expect from Yingli Solar’s 3Q16 Earnings
Yingli (or Yingli Solar) (YGE) is set to announce its 3Q16 earnings on December 8, 2016. In this series, we’ll look at analysts’ expectations for Yingli Solar’s 3Q16 earnings.
Trina Solar Missed Analysts’ 3Q16 Revenue Estimates
In 3Q16, Trina Solar’s (TSL) consolidated revenue came in at around $741.0 million compared to analysts’ expectations of about $823.0 million.
Why Did Trina Solar’s Shipments Fall in 3Q16?
Trina Solar (TSL) had a total module shipment guidance of 1.55–1.65 GW (gigawatts) for 3Q16. However, it reported 1.36 GW of total solar (TAN) module shipments.
How Did Trina Solar Stock React to Its 3Q16 Results?
Trina Solar (TSL) announced its 3Q16 earnings results before market hours on November 23, 2016. In this series, we’ll take a look at the results and compare them with analysts’ expectations.
Analyzing Tesla’s Updated Energy Products
In October, Tesla unveiled the second version of the Powerwall and Powerpack. The second version comes with higher energy storage capacity.
What to Expect from Canadian Solar’s Future Earnings
Following its 3Q16 results, Canadian Solar revised down its US GAAP revenue guidance for 2016 to $2.8 billion–$2.9 billion.
First Solar Will Focus on Accelerating Its Series 6 Product
On November 16, 2016, First Solar (FSLR) announced an update on its Series 6 product transition and revised its fiscal 2016 guidance.
What’s Canadian Solar’s Leverage and Liquidity Position?
Canadian Solar’s interest expenses fell considerably in 2Q16 to $11.9 million from $16.1 million at the end of 1Q16.
What to Expect from Canadian Solar’s 3Q16 Earnings
Canadian Solar (CSIQ) is set to announce its 3Q16 earnings results on November 21, 2016, before market hours.
What to Expect from Sunrun’s Future Earnings
For the coming quarter, analysts expect Sunrun’s (RUN) revenue to be ~$130 million, and they expect significant improvement in company revenue in the latter half of 1H17.
How Did Sunrun’s Costs in 3Q16 Affect Its Gross Margins?
Sunrun (SUN) reported an operating loss of ~$51 million for 3Q16 compared to an operating loss of $48 million in 2Q16 and $63 million in 3Q15.
Why Did Sunrun Miss Analysts’ 3Q16 Revenue Estimates?
For 3Q16, Sunrun’s (RUN) consolidated revenue came in at ~$112 million against analysts’ expectations of $135 million.
Why Did Sunrun’s Stock Price Surge after Its 3Q16 Results?
Sunrun (RUN) announced its 3Q16 earnings results on November 10, 2016, after market hours. Sunrun reported earnings per share of $0.16, compared to analysts’ consensus EPS estimate of -$0.20.
How Did Vivint Solar’s Costs in 3Q16 Affect Its Bottom Line?
Vivint Solar (VSLR) reported $39.3 million in operating leases and incentives revenue costs for 3Q16 compared to $38.5 million in 2Q16 and $37.6 million in 3Q15.
Vivint Solar Reported a Record Low Cost per Watt in 3Q16
Vivint Solar (VSLR) reported a record low cost per watt of $2.85 for 3Q16 as compared to $2.94 in 2Q16 and $3.12 in 3Q15.
What Do Analysts Expect for Sunrun’s Margins in 3Q16?
Sunrun’s (RUN) gross profit for 2Q16 came in at $22.3 million. For 3Q16, analysts expect the company to report a gross profit of $23.3 million.
Why Analysts Expect Vivint Solar’s Revenue to Rise in 3Q16
Analysts estimate that Vivint Solar (VSLR) will report revenue of $44.0 million in 3Q16, which is almost a 26.0% rise on a quarter-over-quarter basis.
Analyzing SolarCity’s Leverage and Liquidity Position
SolarCity’s interest expenses have risen more than fourfold in the last two years.
What to Expect from SolarCity’s 3Q16 Earnings
Between its 2Q16 earnings release on August 9 and October 21, 2016, SolarCity’s stock price fell nearly 19%.
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.
How Analysts Rate SunPower ahead of Its 3Q16 Earnings
Of the 21 analysts covering SunPower Corporation (SPWR) stock, seven analysts gave the company a “buy” rating. Thirteen analysts rated it a “hold,” and one analyst rated the stock as a “sell” on October 18, 2016.
As SunPower Readies Its 3Q16 Results, It Basks in a Key Acquisition
SunPower (SPWR) is expected to announce its 3Q16 earnings results on October 26, 2016, after market hours. In this series, we’ll look at analysts’ expectations for SunPower’s 3Q16 earnings.
What’s the Rationale behind GE’s Proposed Acquisition?
In this article, we’ll go through the rationale behind GE’s planned acquisition of LM Wind Power. According to the GWEC, worldwide wind capacity is expected to nearly double in the next five years.
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.
How Has JA Solar Stock Performed in 2016?
JA Solar (JASO) stock fell nearly 39% from January 4, 2016, through September 22, 2016.
How JA Solar Benefits from High Conversion Efficiency Modules
In October 2013, JA Solar (JASO) launched its high-efficiency monocrystalline Percium modules. These products have a record high conversion efficiency of up to 21%.
Solar Companies See Pressure to Improve Top Line Growth in 3Q16
Following 2Q16, major downstream solar companies such as Sunrun, SolarCity, and SunPower have revised their 2016 guidances downward.
Which Downstream Solar Company Is Trading at a Discount?
As the downstream solar industry is still in its growth phase, operating losses are common among incumbent players.
How the 2Q16 Revenues of Downstream Solar Players Compare
SunPower (SPWR), Sunrun (RUN), Vivint Solar (VSLR), and SolarCity (SCTY) all reported their revenues beating analysts’ 2Q16 revenue expectations.
How Yingli Solar’s Valuation Compares to Its Peers
Out of five analysts covering Yingli Solar (YGE), two analysts rate the stock a “hold.” Three analysts rate the stock a “sell,” and there were no “buy” ratings for YGE on August 25, 2016.
How Yingli Solar’s Costs Affected Its Gross Margin in 2Q16
Yingli Solar’s (YGE) total operating expenses in 2Q16 were about $45.4 million, compared to $43.9 million in 1Q16 and $56.3 million in 2Q15.
How Does Trina Solar Compare to Its Peers on Valuation?
Among major upstream solar companies, First Solar (FSLR) has the lowest estimated EV-to-EBITDA multiple of 3.9x for 2016. This is followed by Trina Solar’s (TSL) estimated multiple of 6.9x.
What to Expect from Trina Solar’s Future Earnings
Analysts anticipate a decrease in gross profit and gross margin for Trina Solar. For the coming quarter, analysts anticipate that the company will report about $145 million in gross profit, which would be a ~18% decrease on a quarter-over-quarter basis.
Understanding Canadian Solar’s Revised Expansion Plan and Financial Position
Canadian Solar now expects its internal module capacity to reach 5,800 MW by the end of fiscal 2016, as compared to its previous plan of 6,430 MW.
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.