$FSLR

First Solar Inc. withdrew its patent infringement complaint with the U.S. International Trade Commission, opting to focus on federal lawsuits against rivals over TOPCon solar technology. The company will continue cases against Canadian Solar, Jinko Solar, T1 Energy, and Trina Solar. First Solar shares fell 5% on Wednesday, reaching a five-month low.

First Solar (FSLR) dropped 5% after withdrawing an ITC patent complaint, calling it procedural. Enphase (ENPH) fell 3%, while Sunrun (RUN) remained flat. The Invesco Solar ETF (TAN) was down 0.2%. First Solar's management stated the withdrawal clears the way for pending district court suits. The stock traded at $192.23.

The S&P 500 rose 0.4% to 7,615.70, while the Nasdaq 100 gained 0.9% as crude oil prices fell. The Fed is expected to raise interest rates by 25 basis points. Retail sales and import prices exceeded expectations. Energy stocks declined, while tech and semiconductor sectors led gains. Forgent Power Solutions (FPS) surged 11.6% on strong earnings, while J.B. Hunt (JBHT) dropped 12.5% on earnings guidance.

First Solar's stock fell after withdrawing a patent infringement complaint, raising concerns about technology protection and policy uncertainty. The company calls it a strategic shift due to changing trade rules. Investors note its strong backlog and profitability but caution about volatile revenue and policy risks.

First Solar (FSLR) withdrew its Section 337 patent complaint, citing national security measures. GF Value™ suggests FSLR is 19.9% undervalued at $202.34 vs. $252.72 intrinsic value. GF Score™ is 90/100, indicating strong financial health. Insiders sold $41.4M shares, while 9 gurus hold but trimmed positions. FSLR continues litigation against Canadian Solar (CSIQ) and JinkoSolar (JKS).

First Solar (FSLR) will drop its patent case against polysilicon imports at the USITC but continue lawsuits in US District Court. The move follows new tariffs on polysilicon imports, impacting solar technology trade. The company's decision may affect its competitive position in the solar market.

First Solar (FSLR) will withdraw its Section 337 complaint from the USITC, continuing patent lawsuits in US District Court against Canadian Solar (CSIQ), Jinko Solar, T1 Energy (TE), and Trina Solar. The move follows a Trump Administration action on solar imports, setting minimum prices and tariffs. First Solar aims to enforce its TOPCon patents globally, with plans to expand US manufacturing.

First Solar (FSLR) will withdraw its Section 337 complaint against TOPCon infringers and focus on US District Court lawsuits. The move follows the Trump Administration's Section 232 action on polysilicon imports. First Solar plans to enforce its global patent portfolio, including cases against Canadian Solar, Jinko Solar, T1 Energy, and Trina Solar. The company operates US solar manufacturing facilities and expects to invest over $5 billion in American infrastructure by 2026.

Piper Sandler initiated coverage on First Solar (FSLR) with an Overweight rating and $260 price target, citing low-cost domestic supply and optimistic margin forecasts. FSLR reported Q2 2026 net sales of $1.06B, down 4% YoY, but net income rose to $423M. Shares are down 22% YTD, facing policy and competition risks. Analysts maintain a Buy rating, with FSLR trading at 9.27x forward earnings.

SolarEdge (SEDG) fell 4% to $33.73 despite announcing an 800 VDC power framework with NVIDIA (NVDA), as investors await revenue details. Enphase (ENPH) and First Solar (FSLR) rose 2%, while the solar ETF (TAN) dropped 1%. SEDG reported 20% revenue growth and 28.6% gross margin, but lacks contracted volume for its AI data center plans.