President Trump's legislation could negatively impact solar industry, but analysts believe First Solar is strong.

From Yahoo Finance: 2025-06-22 12:00:00

President Donald Trump’s “Big Beautiful Bill” could negatively impact the solar industry, leading to a meltdown in solar stocks. First Solar, a major player in the industry, has already seen an 18% correction this year. Despite fears of decreased revenue due to pending legislation, analysts believe First Solar is in a good position.

First Solar focuses on utility solar projects and PV systems, leading the industry with its CdTe thin-film modules. With a market cap of $15.4 billion, it’s a key player in the U.S. solar market. The company’s correction is primarily due to concerns about legislation affecting revenue and project bookings.

Despite recent earnings misses, First Solar reported a 6.4% increase in net revenues to $844.6 million in Q1 2025. However, earnings per share fell 11.4% annually to $1.95, missing estimates. Operating expenses rose by 18.5%, resulting in a profit decline. The company also adjusted its revenue guidance for 2025.

First Solar is optimistic about its long-term prospects, citing its “Made in USA” strategy. Its unique CdTe technology and strong domestic manufacturing base set it apart in the industry. With AI-driven infrastructure on the rise, First Solar’s products are well-suited to meet the growing demand for solar energy in data centers and other industries.

Analysts are bullish on First Solar stock, giving it a “Strong Buy” rating with a mean target price of $211.81. Out of 31 analysts, 25 rate it as a “Strong Buy,” two as a “Moderate Buy,” three as a “Hold,” and one as a “Strong Sell.” Despite recent challenges, First Solar’s strong position in the industry makes it a top-rated ticker.



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