First Solar's Valuation Shuffles: Recent Policy and Tariff Shifts Reshape Risk and Growth Profile

First Solar's internal fair value estimate has shifted from $271.61 to $281.65, reflecting a change in risk and growth profile due to recent policy and tariff shifts. Analysts are mixed on the company's prospects, with some citing US policy support, while others raise concerns about tariffs, booking visibility, and execution risks. The stock's valuation is being influenced by factors such as IRA and FEOC themes, tariff considerations, and US-based finishing capacity.