FSLR Stock Recent News

Solar stocks have seen quite a rebound this week following Tuesday's presidential debate in which democratic nominee Kamala Harris emphasized building out alternative energy assets.

First Solar stock rallied by nearly 15% during Wednesday's trading, pushing its year-to-date gains to around 40%, in contrast to sector peer Enphase Energy , which remains down about 15% year-to-date. The surge comes on the heels of the recent presidential debate between former President Donald Trump and Vice President Kamala Harris, where Harris appeared to have the upper hand.

First Solar (FSLR) stock price went parabolic on Wednesday as investors cheered Kamala Harris' performance on the debate stage. The stock soared by over 15%, its best single-day jump since May when it published encouraging financial results.

First Solar (FSLR) led gains on the S&P 500 Wednesday as solar stocks got a boost on the heels of Tuesday's presidential debate between former President Donald Trump and Vice President Kamala Harris.

Major U.S. equities indexes recovered from early losses to close Wednesday's session higher.

First Solar's strategic shift to the solar modules market has driven significant revenue growth, supported by favorable government policies and increasing tariffs on foreign competitors. The company's revenue growth outlook for FY2024 has improved, with analysts projecting a 35.6% increase, surpassing previous forecasts due to higher ASP growth and capacity expansion. First Solar benefits from stricter US tariffs on Chinese imports, enhancing its competitive position and pricing power in the domestic market.

First Solar (FSLR) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

First Solar stock has had a solid year, rising by about 30% year-to-date. In comparison, Enphase Energy stock, another solar component player, has seen its stock decline by 8% over the same period.

First Solar (FSLR) reported earnings 30 days ago. What's next for the stock?

First Solar stock bucks the trend of the solar industry.