First Solar (NASDAQ:FSLR) Price Target Lowered to $253.00 at TD Cowen

First Solar (NASDAQ:FSLR) had its price target decreased by TD Cowen from $320.00 to $253.00 in a research note published on Wednesday morning, MarketBeat Ratings reports. TD Cowen currently has a buy rating on the solar cell manufacturer’s stock.

FSLR has been the subject of several other research reports. Wells Fargo & Company upped their price target on shares of First Solar from $270.00 to $285.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. BMO Capital Markets set a $263.00 target price on First Solar in a research note on Thursday, January 29th. The Goldman Sachs Group restated a “buy” rating and set a $316.00 price target on shares of First Solar in a research note on Friday, October 31st. Jefferies Financial Group downgraded First Solar from a “buy” rating to a “hold” rating and decreased their price target for the stock from $269.00 to $260.00 in a report on Wednesday, January 7th. Finally, KeyCorp reissued an “overweight” rating on shares of First Solar in a research note on Friday, October 31st. Twenty-one equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $263.19.

First Solar Stock Down 13.6%

First Solar stock opened at $210.12 on Wednesday. First Solar has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 1.91. The company has a market capitalization of $22.55 billion, a P/E ratio of 14.79, a PEG ratio of 0.31 and a beta of 1.60. The stock has a 50-day simple moving average of $244.57 and a 200-day simple moving average of $236.13.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a return on equity of 17.81% and a net margin of 29.28%.The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period last year, the firm earned $3.65 EPS. The company’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that First Solar will post 13.05 earnings per share for the current year.

Institutional Trading of First Solar

Several hedge funds and other institutional investors have recently made changes to their positions in FSLR. Linden Thomas Advisory Services LLC lifted its position in shares of First Solar by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock valued at $504,000 after acquiring an additional 39 shares during the period. Apollon Wealth Management LLC raised its stake in shares of First Solar by 1.2% during the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock worth $942,000 after buying an additional 44 shares during the last quarter. Root Financial Partners LLC boosted its position in shares of First Solar by 18.2% in the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after buying an additional 45 shares in the last quarter. FIL Ltd grew its stake in First Solar by 6.9% in the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after acquiring an additional 46 shares during the last quarter. Finally, Signaturefd LLC increased its holdings in First Solar by 2.6% during the 3rd quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after acquiring an additional 47 shares in the last quarter. Institutional investors and hedge funds 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: Q4 results showed record 2025 revenue and profit and a revenue beat versus consensus, supporting longer‑term fundamentals. First Solar Sees Record 2025 Profit
• Positive Sentiment: First Solar signed a patent‑licensing deal with Oxford PV for U.S. markets, which could strengthen future technology/cost positioning. Patent Licensing Agreement
• Positive Sentiment: Several sell‑side firms retained Buy/Outperform stances (UBS, TD Cowen, Needham) despite cutting price targets — signaling some analysts still expect medium‑term upside. Analyst Notes
• Neutral Sentiment: Short‑term technicals produced a “power inflow” trading signal that briefly lifted the shares during intraday action. Trading Signal Article
• Negative Sentiment: The company guided FY‑2026 net sales to roughly $4.9B–$5.2B, well below Wall Street’s ~$6.2B consensus — the primary catalyst for heavy selling. Guidance / Reuters
• Negative Sentiment: Q4 EPS missed estimates (reported $4.84 vs. ~$5.22 expected), amplifying concerns about near‑term profitability. Earnings Miss
• Negative Sentiment: Rising tariff/policy uncertainty (U.S. preliminary duties on imports and management commentary on tariff impacts) is clouding demand visibility and margin assumptions. Tariff/Policy News
• Negative Sentiment: Multiple banks trimmed price targets and at least one firm (Baird) cut its rating/target, increasing near‑term selling pressure and analyst uncertainty. Analyst PT Changes

About First Solar

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.