Ariel Investments released its “Ariel Global Fund” third-quarter 2025 investor letter, citing a +4.99% return. First Solar, Inc. (NASDAQ:FSLR) stock gained 36.44% over the last 52 weeks, closing at $252.19 per share on November 18, 2025. The company’s positive outlook is driven by an earnings beat and policy support that could boost pricing.

In its third-quarter 2025 investor letter, Ariel Global Fund highlighted First Solar, Inc. (NASDAQ:FSLR) as a top contributor, with a one-month return of 12.91%. The company’s strategic move to combine international front-end processing with domestic back-end assembly may enhance margins. First Solar is expected to benefit from policy support and accelerated contract activity.

According to data, 68 hedge fund portfolios held First Solar, Inc. (NASDAQ:FSLR) at the end of the second quarter. The company reported net sales of $1.6 billion in the third quarter of 2025, showing potential for growth. While Ariel Investments sees potential in First Solar, Inc. (NASDAQ:FSLR), they suggest exploring other AI stocks with greater upside potential and less downside risk.

Read more at Yahoo Finance: First Solar (FSLR) Rallied Following the Earnings Beat and Improved Guidance