On Oct 30, major Wall Street analysts update their ratings for $First Solar (FSLR.US)$, with price targets ranging from $240 to $326.
Morgan Stanley analyst Andrew Percoco maintains with a buy rating, and adjusts the target price from $329 to $297.
J.P. Morgan analyst Mark Strouse maintains with a buy rating, and maintains the target price at $282.
BofA Securities analyst Dimple Gosai maintains with a buy rating, and adjusts the target price from $321 to $269.
Wells Fargo analyst Michael Blum maintains with a buy rating, and maintains the target price at $240.
TD Cowen analyst Jeff Osborne maintains with a buy rating, and maintains the target price at $325.
Furthermore, according to the comprehensive report, the opinions of $First Solar (FSLR.US)$'s main analysts recently are as follows:
While the volume guidance for First Solar was decreased, mainly due to three contract terminations and modules previously expected to be sold within the current year, these setbacks seem to be specific to the situation and not indicative of systemic problems. The recent challenges faced are considered to be circumstantial rather than indicative of any underlying issues.
First Solar has faced operational challenges and India market headwinds that contributed to less favorable Q3 results along with a downward adjustment in 2024 volume and revenue guidance. Project delays are seen as a continuing risk for Q4, with anticipated share volatility in the period surrounding the U.S. presidential election. Nonetheless, the current stock valuation is perceived to reflect a substantial discount with regard to risks of IRA repeal and potential earnings per share falling significantly short of consensus estimates.
First Solar's third-quarter performance was described as 'weak,' influenced by a reduced volume of megawatts sold and a warranty charge due to S7 start-up manufacturing challenges. It was observed that the report presented both positive aspects and challenges. The outlook on First Solar remains optimistic, with an intention to further evaluate the political landscape following the upcoming U.S. elections.
The adjustment in guidance from First Solar didn't catch many investors off guard, despite being significant. A number of unique factors led to the revised 2024 forecast, and it was unexpected that project deferrals weren't a major reason. It's noted that First Solar stands to benefit significantly from the Inflation Reduction Act, which is anticipated to enhance earnings potential and visibility as developers scramble to obtain domestic solar modules.
The firm recognizes that First Solar's third quarter performance fell short and that its 2024 outlook has been adjusted downward. However, it was noted that the results were more favorable than anticipated. Looking ahead to 2025, it is anticipated that the rate of bookings will accelerate and average selling prices will rise.
Here are the latest investment ratings and price targets for $First Solar (FSLR.US)$ from 13 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美東時間10月30日，多家華爾街大行更新了$第一太陽能 (FSLR.US)$的評級，目標價介於240美元至326美元。
摩根士丹利分析師Andrew Percoco維持買入評級，並將目標價從329美元下調至297美元。
摩根大通分析師Mark Strouse維持買入評級，維持目標價282美元。
美銀證券分析師Dimple Gosai維持買入評級，並將目標價從321美元下調至269美元。
富國集團分析師Michael Blum維持買入評級，維持目標價240美元。
TD Cowen分析師Jeff Osborne維持買入評級，維持目標價325美元。
此外，綜合報道，$第一太陽能 (FSLR.US)$近期主要分析師觀點如下：
雖然第一太陽能的成交量指引有所下降，主要是由於三份合同終止以及之前預計在當年內出售的組件，這些挫折似乎是具體情況的表現，而非系統性問題的指示。最近面臨的挑戰被認爲是偶發的，而非潛在問題的指示。
第一太陽能面臨運營挑戰和印度市場逆風，導致Q3的業績不佳，同時降低了2024年的成交量和營業收入指引。項目延遲被視爲Q4持續風險，並預計在美國總統選舉周圍的時期股份會有波動。儘管如此，目前的股票估值被認爲反映了相對較大的折扣，考慮到IRA廢除的風險以及潛在的每股收益明顯低於共識估計。
第一太陽能的第三季度業績被描述爲'不佳'，受到出售兆瓦數減少和由S7開始運營製造業挑戰造成的保修費用影響。報告顯示了正面和挑戰兩方面。對第一太陽能的展望仍然樂觀，打算在即將到來的美國選舉後進一步評估政治格局。
儘管第一太陽能對指引的調整讓許多投資者感到意外，儘管調整幅度顯著。許多獨特因素導致了修訂後的2024年預測，令人意外的是項目推遲並未成爲主要原因。據指出，第一太陽能預計將從通脹削減法案中獲益顯著，該法案預計將提升收益潛力和可見性，開發商爭先恐後獲取國內太陽能組件。
該公司認識到第一太陽能的第三季度表現不佳，其2024年展望已經調低。然而，值得注意的是，實際結果比預期更爲積極。展望到2025年，預計訂單預定速度將加快，平均銷售價格將上升。
以下爲今日13位分析師對$第一太陽能 (FSLR.US)$的最新投資評級及目標價：
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
