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Stock impact report

First Solar: Current Valuation Unsustainable, I'm Not Buying It [Seeking Alpha]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Seeking Alpha
Tax credits, set to phase out by 2033, significantly inflate FSLR's margins; normalized margins and EPS imply a much higher effective P/E. Gross bookings and order backlog are declining, with production outpacing sales, raising inventory and pricing concerns. I rate FSLR a Sell due to an eroding order pipeline, unsustainable government support, and an unjustified earnings multiple. Bilanol/iStock via Getty Images Investment Thesis First Solar ( FSLR ) has emerged as the sole winner, it seems, from the many solar and renewable energy companies that were hyped up during 2022. Unlike the others, it actually has a functioning manufacturing capacity, which is why This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o Show less Read more
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