First Solar Inc

FSLR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$439.00	Tqd	Klrxgqjq

First Solar Earnings: All Eyes Are on US Trade Policy; Shares Fairly Valued

Brett Castelli

May 2, 2024

We are maintaining our $185 fair value estimate for no-moat First Solar following its first-quarter earnings. We view shares as fairly valued ahead of what will be an active few months for US trade policy pertaining to solar modules.

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