First Solar shares surge 5.77% after-hours on analyst upgrades and 2 GW solar panel order from Longroad Energy.

First Solar Inc. (NASDAQ:FSLR) surged 5.77% in after-hours trading following multiple positive developments. The company announced a $1.1 billion, 3.5 GW manufacturing plant in Louisiana and secured an additional 2 GW solar panel order from Longroad Energy, extending their partnership to 8 GW since 2017. These announcements were accompanied by analyst upgrades, including BMO Capital maintaining a "Market Perform" rating, Deutsche Bank upgrading to "Buy," and Morgan Stanley and Roth Capital reaffirming "Buy" recommendations. These catalysts highlighted strong growth potential and confidence in First Solar’s strategic initiatives, aligning with the stock’s upward momentum.