Cost PressuresHigher unit costs due to tariffs and demurrage make Southeast Asia production uneconomical for First Solar, potentially leading to increased costs of goods sold.
Earnings MissFirst Solar's 1Q25 EPS of $1.95 missed the consensus estimate of $2.49, impacted by lower than expected margins.
Valuation ConcernsThe market is currently paying over 30x P/E for FSLR's core EPS, illustrating concerns over valuation.