First Solar Surges to 35th in Daily Rankings Despite 8.32% Stock Drop

On April 30, 2025, First Solar Inc. (FSLR) saw a significant surge in trading volume, with a total turnover of 16.98 billion, marking a 123.13% increase from the previous day. This substantial rise placed First Solar at the 35th position in the daily stock market rankings. However, the company's stock price experienced a decline of 8.32%, marking the third consecutive day of losses, with a cumulative drop of 11.31% over the past three days.

During the Q1 earnings call, First Solar's management highlighted the significant uncertainty caused by shifting trade policies and tariff regimes, which have impacted both operations and strategic planning. The company's revised guidance for the full year 2025 reflects these challenges, with net sales projected to range from $4.5 billion to $5.5 billion. This adjustment is a direct response to the implementation of new tariffs, which have forced the company to reassess its financial outlook.

Analysts from Jefferies and Oppenheimer have both downgraded First Solar, citing macroeconomic headwinds and policy uncertainty. Jefferies noted that the company's revised guidance accounts for the worst-case scenario of elevated reciprocal tariffs, while Oppenheimer believes that the low end of the guidance is a realistic scenario given the uncertainty surrounding policy resolution. These downgrades reflect the broader market concerns about the impact of tariffs on First Solar's operations and financial performance.

First Solar's strategic picture, as outlined in its revised guidance, indicates a conservative approach to navigating the current challenges. The company's focus on resilience in turbulent times is evident in its efforts to adapt to the changing trade landscape. However, the market's reaction to the company's earnings report and revised guidance suggests that investors remain cautious about the potential impact of tariffs on First Solar's future performance.