Stock Track | First Solar Soars Over 10% on Record 2024 Earnings, Optimistic 2025 Outlook

Stock Track

02-26

First Solar, a leading solar panel manufacturer, saw its stock soar 10.02% on Wednesday's pre-market trading session. This surge followed the company's impressive financial results for 2024 and an encouraging outlook for 2025.

The strong performance was driven by record net sales of $4.2 billion in 2024, a 27% increase year-over-year. First Solar sold a record 14.1 gigawatts of solar modules, reflecting robust demand for its products. Additionally, the company exited 2024 with approximately 21 gigawatts of global manufacturing capacity, a significant increase from the previous year.

Looking ahead, First Solar provided an optimistic guidance for 2025, projecting net sales between $5.3 billion and $5.8 billion and earnings per diluted share in the range of $17 to $20. The company also expects to produce between 18 and 19 gigawatts of solar modules in 2025, further solidifying its position as a leading player in the renewable energy industry.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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