From Investing.com:



Renewable energy company First Solar, Inc. has been recognized for its strategic positioning and financial performance in the expanding solar sector. The company’s focus on utility-scale solar sets it apart from competitors, and upcoming product launches are anticipated to drive cost advantages. Analysts have provided both bullish and bearish perspectives, but Goldman Sachs has included First Solar on its Conviction List with a “Buy” recommendation. The regulatory environment and the company’s resilient customer base also position it well for future growth.

First Solar has a leading position in thin-film solar module manufacturing, strong contracted backlog, and benefits from domestic content requirements under the Inflation Reduction Act. However, potential competition from crystalline silicon technologies, market volatility, policy changes, and operational execution challenges remain as potential weaknesses and threats.

Analysts have provided a mix of bullish and bearish perspectives on First Solar, and price targets from various firms suggest both potential upside and risk. The company’s technology updates and growth in utility-scale solar demand are seen as opportunities for future success.



Read more: Wall Street eyes on First Solar’s bright future By Investing.com