First Solar: Can Thin-Film Keep Up?
2017 was a banner year for First Solar, Inc. (NASDAQ: FSLR) for a number of reasons. It sold large solar developments for more money than expected, resulting in a short-term boost in earnings. The Suniva trade case was also a surprising windfall, driving at least 6.7 GW of solar panel bookings -- about two years of production -- in the first three quarters of the year.
The upgrade from Series 4 to Series 6 solar panels is also driving enthusiasm about First Solar and will improve the company's cost per watt profile long term. But there's a risk investors should keep in mind that may undermine the current enthusiasm surrounding First Solar.
Image source: First Solar.
Source: Fool.com
First Solar Inc. Stock
€165.22
-0.960%
The stock is one of the favorites of our community with 27 Buy predictions and 1 Sell predictions.
As a result the target price of 217 € shows a positive potential of 31.34% compared to the current price of 165.22 € for First Solar Inc..
