First Solar Faces Bearish Sentiment Amid Options Trading

Sentiment shifts for First Solar as financial giants pivot bearish. With a majority of traders leaning towards bearish positions and a wide price target range noted, investors may need to tread cautiously.

Date: 07-01-2025

AI Rating: 5

Overview of Options Activity
First Solar has seen a pronounced bearish move among financial giants, with 45% of traders showing bearish tendencies as opposed to 36% who are bullish. This shift in sentiment may suggest concerns about the company's upcoming performance.

Options Trading Insight
The options history indicates that a significant volume of trades is taking place, with more calls valued at $394,460 compared to puts valued at $67,130. However, the larger focus on bearish activity could weigh on stock prices moving forward.

Price Target Analysis
An analysis of volume and open interest details shows that major players are targeting a price range from $105.0 to $250.0, creating a volatile scenario for First Solar. The current average open interest of 1052.64 and total volume of 315.00 further underlines the engagement in this price area.

Current Trading Situation
First Solar is trading at $194.78 with a slight increase of 1.83%, but RSI readings classify the stock as neutral, indicating no strong momentum either way. Insights from analysts suggest a mixed outlook with price targets averaging at $257.5 from two professionals; however, these professionals have varied ratings from outperform to hold.

Analyst Ratings
The most optimistic price target comes from an analyst at Baird, who has set a price of $267, while Jefferies continues with a price target of $248. The mixed ratings reflect uncertainty in investor sentiment, particularly in the light of current option activities.

In summary, while there are bullish price targets in place, the prevailing analysis highlighted indicates a potentially bearish trend in First Solar's stock that investors should monitor closely.

Stocks: FSLR