stock outlook amid expansion and market shifts By Investing.com
First Solar, Inc. (NASDAQ:), the largest vertically integrated solar manufacturer in the United States, stands at a critical juncture as it navigates a complex landscape of expansion, policy changes, and market dynamics. Specializing in cadmium telluride-based solar panels, First Solar has positioned itself as a key player in the renewable energy sector, with ambitious plans to significantly increase its production capacity in the coming years.
Recent Financial Performance and Strategic Shifts
First Solar’s third quarter of 2024 presented a mixed picture, with the company facing challenges that led to a downward adjustment in its financial guidance. Revenue for the quarter came in at $888 million, falling short of analyst…
