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First Solar jumps 4% on Truist upgrade and new tariff floor boosting future panel prices

Market News
13 Oct 2026
24/7 Wall Street
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Bullish
First Solar jumps 4% on Truist upgrade and new tariff floor boosting future panel prices

First Solar's stock rose 4% following a Truist Securities upgrade to Buy and a U.S. trade decision setting a minimum import price plus tariffs on foreign solar panels, supporting higher domestic pricing. The tariff, effective December, imposes a 44-cent per watt floor on imported crystalline silicon modules, benefiting First Solar's U.S.-made thin-film panels by limiting cheaper foreign competition. While the near-term pricing is mostly set through 2028, the tariff's positive impact is expected to strengthen First Solar's pricing and revenue outlook toward the end of the decade. Other solar stocks like Enphase Energy and Sunrun showed minimal movement, reflecting their different business models less affected by the tariff.

First Solar shares rose 4% to USD 186.91 on Pluang as of Oct 14, 2026 01:21 WIB, matching the article's reported gain. Enphase Energy and Sunrun also gained modestly, up 2.29% and 2.50% respectively. All three stocks show strong buy interest on Pluang, with 100% buy order activity for each as of the same time.

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