First Solar inaugurates new Gaffney South Carolina facility as stock edges higher

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21 hours ago

First Solar inaugurates new Gaffney South Carolina facility as stock edges higher — First Solar stock edges higher today

First Solar inaugurated the first phase of its new $330 million manufacturing facility in Gaffney, South Carolina, which is set to bring nearly 700 jobs and onshore key final-stage production for the company’s Series 6 Plus modules. The stock edges higher on the day, trading at $176.89.

FSLR price prediction

24H 0.34%

$172.36

48H 0.82%

$173.19

7D -2.82%

$166.94

1M -2.1%

$168.18

3M 14.77%

$197.15

6M -12.96%

$149.52

12M -13.13%

$149.23

Current price: $171.78 -5.3150 3.00%

Real-time Data 15:18

Daily range 169.00

175.62

Weekly range 166.14

178.91

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Highlights

First Solar inaugurated the first phase of its $330 million South Carolina facility, adding nearly 700 jobs and onshoring Series 6 Plus module production.
First Solar stock edges higher on the day, trading at $176.89.
100 of 143 analysts rate First Solar a buy, with a $270 median price target 52.6% above current levels.

First Solar announced on October 27, 2026 that it would inaugurate the first phase of its new Gaffney, South Carolina facility, according to Investing.com. The new plant is valued at around $330 million, Securities.io reported. Nearly 700 jobs are expected to be created in the community, FOX Carolina wrote. The facility onshores final production processes for the company’s Series 6 Plus modules, according to Securities.io.

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Split structure holds as shares stall near MA-20 support

Price is testing support from MA-20 at $176.07 without a decisive move through it. Shares of First Solar trade in a split daily structure, holding above MA-20 but remaining below both the MA-50 and MA-200. The Stoch RSI is approaching overbought territory, suggesting the advance is starting to look stretched.

Downside odds rise as traders watch closes near $177.75

Traders should watch if price can close above $177.75 to gauge whether buying interest will follow through. Shares have moved up to test support from MA-20 at $176.07 but have not yet broken above it. Over the next five trading days, there is a 37% probability of upside and a 63% probability of downside, with an expected trading range between $171.69 and $182.08. Even so, while there has been an emerging move higher in the past week, the forward odds are tilted to the downside from here. A close above $177.75 would confirm buyers taking control, while a drop below $176.07 would suggest the move is being faded. On the weekly chart the longer-term picture stays negative.

Earlier, analysts noted that First Solar’s shift of Series 6 Plus module production to its new South Carolina facility represented an operational catalyst, but that upside depended on the shares overcoming near-term resistance. With the first phase now inaugurated and shares near technical inflection levels, traders should monitor whether a decisive close above $177.75 materializes, as this would suggest buyers are gaining control despite prevailing downside odds.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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