- Solar names are mostly higher in premarket trade following the Trump administration tariffs that companies on balance consider a middle-ground outcome, with the potential to slightly reduce installations Y/Y but far from the worst-case scenario.
- BofA analysts view the decision "largely in line if not below market expectations, and while still negative to the overall industry not nearly as punitive as imagined by some."
- Goldman Sachs (NYSE:GS) estimates the tariffs imply "a 3%-7% cost increase for utility-scale and residential solar costs, respectively.”
- First Solar (NASDAQ:FSLR), +3.5% premarket, is widely considered a winner as costs for competing foreign panels rise, and the type of thin-film panels it produces may be exempt from the tariffs.
- RGSE +37.4%, VSLR +9.9%, ENPH +9.6%, RUN +6%, FSLR +3.7%, CAFD +2.2%, SOL +0.7%, SEDG +0.7%, SPWR +0.3%, CSIQ +0.2%, JASO -2.1%, JKS -2.2%.
- ETFs: TAN, KWT
- Now read: SunPower - Renewable Market Growth Means Huge Growth
Original article