First Solar FSLR

First Solar, Inc. faces significant financial challenges, reporting a 54% drop in net sales to $367 million in Q1 2022, along with a slashed gross profit margin. Compounding these troubles are soaring polysilicon costs. Despite these difficulties, the company has committed to a $1.4 billion investment aimed at increasing its manufacturing capacity to meet future demand. Stock performance has been volatile, with a recent 16% decline following a bleak earnings outlook and downgrades from various analysts. Investors are concerned as projections for 2026 net sales remain below expectations, even as the company anticipates earnings growth.