First Solar is uniquely positioned to benefit from rising electricity demand from artificial intelligence as Big Tech companies seek clean energy to power the proliferation of data centers, according to UBS analysts. First Solar's earnings are expected to surge 374% to $36.74 per share in 2027, analysts led by Jon Windham told clients in a research note Tuesday.
" First Solar makes thin-film solar modules rather than silicon-based modules that are dominated globally by China. While this may have been a liability in the past due to costs, First Solar now has a competitive technological advantage as U.S. protectionism targets Chinese silicon modules, according to UBS. First Solar is vertically integrated with its own supply chain, sourcing only glass and some raw materials from other suppliers.