All over the sector we are seeing renewed growth such as with First Solar, Incwho recently announced an agreement to supply Swift Current Energy with 500 megawatts (MW) of advanced Series 7 thin film modules.

Source: https://www.marketscreener.com/quote/stock/SINGLEPOINT-INC-15844159/news/Solar-Stocks-Back-on-Watch-List-as-Lower-Interest-Rates-and-Global-Push-for-Clean-Energy-Revive-Bull-45634238/?utm_medium=RSS&utm_content=20231226

Amundi boosted its stake in shares of First Solar, Inc. () by 9.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Source: https://www.etfdailynews.com/2023/06/13/amundi-buys-110260-shares-of-first-solar-inc-nasdaqfslr/

Amundi’s holdings in First Solar were worth $207,484,000 at the end of the most recent reporting period.

Source: https://www.etfdailynews.com/2023/06/13/amundi-buys-110260-shares-of-first-solar-inc-nasdaqfslr/

Bank of America boosted their target price on shares of First Solar from $205.00 to $232.00 in a research report on Monday, May 15th.

Source: https://www.etfdailynews.com/2023/06/13/amundi-buys-110260-shares-of-first-solar-inc-nasdaqfslr/

Considering all these positive developments, I suggest that potential investors consider adding First Solar stock to their portfolio, as it has the potential to yield significant profits in the coming year.

Source: https://investorplace.com/2023/11/3-solar-stocks-set-to-shine-brighter-in-2024/

Ellevest Inc. boosted its position in shares of First Solar by 97.8% during the third quarter.

Source: https://www.etfdailynews.com/2023/02/04/first-republic-investment-management-inc-acquires-277-shares-of-first-solar-inc-nasdaqfslr/

Finally, Fifth Third Bancorp boosted its position in First Solar by 15.8% during the third quarter.

Source: https://www.americanbankingnews.com/2023/01/07/assenagon-asset-management-s-a-has-18-62-million-holdings-in-first-solar-inc-nasdaqfslr.html

Finally, Financial Avengers Inc. grew its holdings in First Solar by 27.1% during the fourth quarter.

Source: https://www.etfdailynews.com/2023/06/15/first-solar-inc-nasdaqfslr-position-cut-by-wellington-shields-co-llc/

In other First Solar news, CEO Mark R. Widmar sold 2,160 shares of the firm’s stock in a transaction on Friday, July 28th.

Source: https://www.americanbankingnews.com/2023/10/20/citigroup-lowers-first-solar-nasdaqfslr-price-target-to-185-00.html

JPMorgan Chase & Co. downgraded First Solar from an “overweight” rating to a “neutral” rating and upped their price target for the stock from $147.00 to $190.00 in a research note on Monday, November 28th.

Source: https://www.etfdailynews.com/2023/03/21/accurate-wealth-management-llc-purchases-shares-of-750-first-solar-inc-nasdaqfslr/

JPMorgan Chase & Co. raised their price objective on First Solar from $192.00 to $222.00 and gave the company a “neutral” rating in a research note on Friday, July 28th.

Source: https://www.etfdailynews.com/2023/08/02/first-solar-inc-nasdaqfslr-ceo-mark-r-widmar-sells-2160-shares/

On average, research analysts anticipate that First Solar will post 7.9 earnings per share for the current year.

Source: https://www.etfdailynews.com/2023/10/03/analysts-set-first-solar-inc-nasdaqfslr-target-price-at-233-38/

Prior to this deal, the company has placed over 3.5 GWDC of orders for First Solar technology since 2017.

Source: https://www.marketscreener.com/quote/stock/FIRST-SOLAR-INC-37008/news/Energix-Renewables-First-Solar-Enter-into-Framework-Agreement-44344882/?utm_medium=RSS&utm_content=20230716

This is a breakdown of current recommendations and price targets for SMA Solar Technology and First Solar, as provided by MarketBeat.com.

Source: https://www.dailypolitical.com/2023/08/28/critical-analysis-sma-solar-technology-otcmktssmtgf-and-first-solar-nasdaqfslr.html

While investors have doubts about solar companies in 2023, solar panel manufacturer First Solar (NASDAQ:) has increased earnings while growing revenue by double-digit percentage points.

Source: https://investorplace.com/2023/11/3-solar-stocks-that-could-be-multibaggers-in-the-making/