First Solar (FSLR) Soars as U.S. Imposes Tariffs on Southeast Asian Imports

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Quick Takeaways:

  • First Solar (FSLR, Financial) sees a promising boost due to recent U.S. tariffs on imported solar cells.
  • Analysts project significant potential upside for First Solar's stock price.
  • GuruFocus metrics suggest a strong future valuation increase.

First Solar (FSLR) witnessed a substantial surge of 10.5% following the imposition of U.S. tariffs on solar cells imported from Cambodia, Thailand, Vietnam, and Malaysia. This strategic move, concluded after a comprehensive year-long investigation, is likely to elevate domestic solar prices. However, it simultaneously unlocks significant opportunities for First Solar, allowing the company to capitalize on its untapped production capacity. Analysts are highlighting this shift as a potential catalyst for the undervalued stock, positioning it for potential gains.

Wall Street Analysts Forecast

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According to projections from 32 analysts, the average one-year price target for First Solar Inc (FSLR, Financial) stands at $232.22. These forecasts include a high estimate of $304.00 and a low of $145.00. The average target suggests a significant upside of 71.57% from the current market price of $135.35. For more in-depth forecast data, you can visit the First Solar Inc (FSLR) Forecast page.

Currently, based on the consensus from 38 brokerage firms, First Solar Inc (FSLR, Financial) enjoys an average brokerage recommendation of 1.9, indicating an "Outperform" status. This rating is based on a scale from 1 to 5, where 1 signifies Strong Buy and 5 denotes Sell.

GuruFocus estimates predict the GF Value for First Solar Inc (FSLR, Financial) in the next year to be $312.95. This reflects a substantial upside potential of 131.22% from its current price of $135.35. The GF Value is GuruFocus' calculated estimate of the stock's fair value, determined by historical trading multiples, past business growth, and future performance projections. For additional detailed data, visit the First Solar Inc (FSLR) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.