Trump's Stance on Renewable Energy: President Trump announced that his administration will not approve any new solar and wind energy projects, marking a shift as he previously only targeted wind projects.
Rising Electricity Costs: Trump criticized renewable energy sources, claiming they contribute to record increases in electricity costs, although experts attribute these price hikes to increased demand from data centers and manufacturing.
End of Financial Support Programs: The U.S. Department of Agriculture is discontinuing programs that financially support clean energy initiatives on farmland, which could negatively impact farmers reliant on federal incentives.
Growth in Renewable Installations: Despite the administration's stance, there has been a notable increase in renewable energy installations, with nearly 120,000 used solar panels and 14,500 farms utilizing wind turbines reported in 2022.
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast FAN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FAN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 22.040
Low
Averages
High
Current: 22.040
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
