Solar power inc stock

Is first solar a value stock?

Instead, First Solar is a value stock. With the recent market sell off around tariffs, First Solar is priced at their lowest P/E multiple since 2012. The share price peaked at around $300 per share in June 2024 following good earnings. This was an overzealous jump in share price that quickly faded.

Is first solar a good stock to buy in 2025?

First Solar has experienced high growth over the past few years and growth is likely to continue. Reshoring of manufacturing and renewable energy investments will lead to more demand. First Solar is a value stock with substantial upside potential. EPS is expected to increase around 50% in 2025, but the trailing P/E ratio is just over 10.

Who is the largest solar manufacturer in the US?

First Solar is the largest solar manufacturer in the US. With the recent completion of their 3.5 GW Alabama facility, First Solar now has 11 GW of photovoltaic production capacity in the US. They have another 3.5 GW of production capacity under construction in Louisiana, with production expected in the second half of this year.

Does first solar pay a dividend?

Their free cash flow has been negative because almost every dollar they earn has been reinvested into the business. They don’t pay a dividend, and they have only repurchased stock to cover stock-based compensation issuance. First Solar has focused on growing their manufacturing capacity since 2019.

Is first solar's growth underestimated if Trump holds firm?

It is actually possible that First Solar’s growth is underestimated if Trump holds firm in his trade policy priorities. A recession is the only significant near-term risk First Solar faces. Typically, when the economy contracts, so does power demand.

Is the market undervaluing first solar?

However, the market is undervaluing First Solar, creating large upside potential. First Solar is the largest solar manufacturer in the US. With the recent completion of their 3.5 GW Alabama facility, First Solar now has 11 GW of photovoltaic production capacity in the US.