First Solar Plummets to 54th in Trading Volume Ranking Amid Market Volatility

On June 18, 2025, First Solar (FSLR) experienced a significant decline in trading volume, with a total turnover of $10.51 billion, marking a 64.2% decrease from the previous day. This placed First Solar at the 54th position in terms of trading volume for the day. The stock price of First Solar also saw a decrease, falling by 0.16% and marking the second consecutive day of decline, with a total decrease of 18.02% over the past two days.

First Solar recently revised its 2025 earnings guidance downward, citing various challenges that may have influenced its stock performance. Despite this, the company has been actively pursuing strategic initiatives to bolster domestic manufacturing and enhance supply chains in the U.S. solar industry. One notable development is the partnership with Shoals Technologies Group, which aims to strengthen the company's position in the market.

Geopolitical tensions and interest rate decisions have contributed to market volatility, but First Solar's focus on domestic manufacturing and expansion may provide some resilience. The company's initiatives, such as the domestic capacity expansion and the innovative CuRe technology, are designed to increase efficiency and output, particularly in the U.S. and new markets like India. These efforts could positively impact future revenue and earnings forecasts, potentially driving revenue growth and improving margins.

However, trade challenges and tariff risks remain potential hurdles for First Solar. The recent share price increase reflects investor sentiment aligning with these growth prospects, yet the current share price of $126.76 remains significantly below the consensus price target of $195.59. This gap suggests a perceived undervaluation, providing context to the potential price movements as the company works toward its growth initiatives and navigates external market challenges.