First Solar Inc

FSLR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$648.00	Bjrd	Qhgnydv

First Solar Earnings: Pricing on Bookings Remains Healthy Despite Global Solar Panel Supply Glut

Brett Castelli

Nov 1, 2023

We maintain our $185 fair value estimate for no-moat First Solar following the company's third-quarter results. We view the shares as undervalued after a selloff in recent months on fears of the global solar panel oversupply spreading to the U.S. market.

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