Here is Why First Solar (FSLR) Fell Last Week
From Yahoo Finance: 2025-05-29 00:43:00
First Solar, Inc. (NASDAQ:FSLR) saw its share price drop by 6.87% between May 20 and May 27, 2025, making it one of the Energy Stocks that Lost the Most This Week. The decline was attributed to a new tax bill passed by House Republicans that eliminated key clean energy credits for solar companies.
Despite the setback from the tax bill, First Solar, Inc. (NASDAQ:FSLR) remained relatively unscathed due to its status as the largest producer of solar panels in the U.S. with manufacturing subsidies left untouched. Additionally, Jefferies analyst Julian Dumoulin-Smith increased the price target for FSLR from $127 to $157, with a Hold rating.
While First Solar (FSLR) shows potential for growth, some believe that other AI stocks offer higher returns with less downside risk. For those interested in exploring AI stocks with 100x upside potential, there is a report available on the cheapest AI stock. Check it out for more information.