Guggenheim Issues Positive Forecast for First Solar (NASDAQ:FSLR) Stock Price

First Solar (NASDAQ:FSLR) had its price objective boosted by Guggenheim from $289.00 to $312.00 in a research note issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the solar cell manufacturer’s stock. Guggenheim’s price objective indicates a potential upside of 29.40% from the stock’s previous close.

FSLR has been the topic of several other research reports. Wall Street Zen upgraded shares of First Solar from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. KeyCorp reissued an “overweight” rating on shares of First Solar in a research report on Friday, October 31st. Seaport Global Securities boosted their price objective on shares of First Solar from $217.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $300.00 price objective on shares of First Solar in a research note on Wednesday. Finally, Rothschild & Co Redburn raised their target price on First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $273.37.

First Solar Stock Down 10.3%

FSLR opened at $241.11 on Thursday. First Solar has a 12 month low of $116.56 and a 12 month high of $285.99. The company has a current ratio of 1.91, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03. The business’s 50-day moving average price is $262.48 and its 200-day moving average price is $220.91. The company has a market cap of $25.87 billion, a P/E ratio of 18.52, a P/E/G ratio of 0.33 and a beta of 1.60.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.08). The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.56 billion. First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company’s revenue was up 79.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.91 earnings per share. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. On average, equities analysts expect that First Solar will post 13.05 EPS for the current year.

Insider Activity at First Solar

In other First Solar news, Director Paul H. Stebbins sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, November 7th. The stock was sold at an average price of $262.40, for a total transaction of $1,836,800.00. Following the transaction, the director owned 15,287 shares in the company, valued at approximately $4,011,308.80. This represents a 31.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georges Antoun sold 37,412 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $265.01, for a total value of $9,914,554.12. Following the completion of the transaction, the insider directly owned 15,424 shares of the company’s stock, valued at $4,087,514.24. This represents a 70.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,912 shares of company stock worth $12,971,349 over the last 90 days. 0.48% of the stock is owned by company insiders.

Hedge Funds Weigh In On First Solar

A number of institutional investors have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC boosted its holdings in shares of First Solar by 126.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock valued at $25,000 after buying an additional 85 shares in the last quarter. Aventura Private Wealth LLC purchased a new position in First Solar during the 4th quarter valued at about $25,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar during the second quarter worth about $26,000. Harbor Investment Advisory LLC boosted its stake in First Solar by 138.9% during the second quarter. Harbor Investment Advisory LLC now owns 172 shares of the solar cell manufacturer’s stock worth $28,000 after acquiring an additional 100 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after purchasing an additional 75 shares during the period. Institutional investors own 92.08% of the company’s stock.

More First Solar News

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: Some investors remain constructive on the long‑term thesis; a Seeking Alpha contributor said they are trimming their position but not exiting, signaling continued conviction from parts of the investor base. First Solar: Easy Money Is Gone, Trimming My Position, But Not Running Away
• Neutral Sentiment: Benzinga’s roundup shows there is active analyst coverage (14 analysts), reflecting continued market attention and a range of opinions that could keep volatility high. A Glimpse Into The Expert Outlook On First Solar Through 14 Analysts
• Neutral Sentiment: Market news outlets (Zacks, MSN) summarized today’s move and flagged that FSLR underperformed the broader market, which can feed short‑term selling even when fundamentals remain mixed. Why First Solar (FSLR) Dipped More Than Broader Market Today
• Negative Sentiment: Jefferies downgraded FSLR to Hold (from Buy), arguing the market has priced in overly favorable policy (S232) and that execution/margin risks limit upside; the downgrade and commentary directly pressured the stock. First Solar Stock Sinks on Downgrade. Why Investors Should Temper Their Expectations.
• Negative Sentiment: Jefferies also trimmed forecasts and set a $260 price target while citing “richer than reality” S232 expectations — the combination of a lower growth outlook and the downgrade prompted analysts and quant funds to reprice the stock. Jefferies Slashes Forecast on First Solar Stock (FSLR) as Market Reality Hits Home
• Negative Sentiment: Coverage and commentary telling investors to “lower expectations” and trimming recommendations (TipRanks/Barron’s/Jefferies summaries) amplify selling pressure because they reduce conviction in near‑term upside. First Solar: Limited Policy Upside, Execution and Margin Risks Justify Hold at Full Valuation
• Negative Sentiment: Operational news: The Motley Fool and other writeups cite “debookings” (order cancellations/deferrals) as a direct hit to near‑term revenue visibility, which worsens sentiment around the company’s growth trajectory. Why First Solar Stock Dimmed by More than 10% Today
• Negative Sentiment: Some analysts and articles explicitly say the “easy money” or outsized upside from policy tailwinds is now priced in or gone, so multiple expansion is less likely without clearer execution and policy wins. First Solar’s Easy Value Trade Is Over (Rating Downgrade)

First Solar Company Profile

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.