Is First Solar Burnt Out?

Despite a respectable fourth quarter for First Solar (NASDAQ: FSLR  ) , with normalized earnings per share beating estimates by $0.31, the stock sunk 15%. So what was the bad news? In this video, Motley Fool energy analyst Joel South tells us that increased competition from companies that are creating more efficient solar panels, and also competing on cost, are threatening First Solar's dominance in the industry. Margins continue to be pinched, and with project backlogs declining, the future looks rocky. 

Investors and bystanders alike have been shocked by First Solar's precipitous drop over the last 12 months, and now the stakes have never been higher for the company. Is it done for good, or ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details every must know side of this stock. To get started, just click here now.


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  • Report this Comment On February 27, 2013, at 6:22 PM, ZizewitzMB wrote:

    All the Technical Data mentioned in the article is already known for months, during which FS kept going up and up!!

    Today, suddenly the market noticed that FS is not competitive???

    Come on.

    This article (as some other in the Media seems based on a input by Chinese companies which are in very bad shape and probably made good contributions to these Media outlets to "motivate" them to publish it.

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