The Goldman Sachs Group Has Lowered Expectations for First Solar (NASDAQ:FSLR) Stock Price

First Solar (NASDAQ:FSLR) had its target price cut by research analysts at The Goldman Sachs Group from $316.00 to $300.00 in a report issued on Wednesday,MarketScreener reports. The brokerage presently has a “buy” rating on the solar cell manufacturer’s stock. The Goldman Sachs Group’s target price would indicate a potential upside of 42.78% from the company’s previous close.

Several other brokerages have also commented on FSLR. BMO Capital Markets set a $263.00 price target on First Solar in a research note on Thursday, January 29th. UBS Group dropped their target price on shares of First Solar from $330.00 to $300.00 and set a “buy” rating on the stock in a report on Wednesday. Wolfe Research raised their target price on shares of First Solar from $232.00 to $247.00 in a research report on Friday, October 31st. JPMorgan Chase & Co. upped their price target on shares of First Solar from $278.00 to $303.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of First Solar from a “buy” rating to a “hold” rating and dropped their price objective for the company from $300.00 to $245.00 in a research note on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $258.98.

First Solar Stock Performance

First Solar stock opened at $210.12 on Wednesday. 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 PE ratio of 14.79, a P/E/G ratio of 0.31 and a beta of 1.60. The company has a 50 day moving average price of $244.57 and a 200-day moving average price of $236.13. First Solar has a fifty-two week low of $116.56 and a fifty-two week high of $285.99.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data 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). The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.81% and a net margin of 29.28%.The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.65 earnings per share. As a group, equities analysts forecast that First Solar will post 13.05 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Aventura Private Wealth LLC acquired a new stake in First Solar in the fourth quarter valued at approximately $25,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of First Solar during the 4th quarter valued at $26,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of First Solar during the 2nd quarter valued at $26,000. Larson Financial Group LLC grew its stake in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock worth $27,000 after buying an additional 55 shares during the last quarter. Finally, Hantz Financial Services Inc. grew its stake in First Solar by 69.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after buying an additional 75 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

Trending Headlines about First Solar

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

• Positive Sentiment: Q4 revenue beat and record 2025 profit support the company’s underlying demand and margins. Read More.
• Positive Sentiment: Technology and IP expansion — First Solar signed a patent licensing agreement with Oxford PV that could strengthen its product roadmap. Read More.
• Positive Sentiment: Some Wall Street analysts remain constructive (Buy/Outperform ratings and high price targets remain at several firms), reflecting a favorable longer‑term view tied to on‑shoring and scale. Read More.
• Neutral Sentiment: Management reiterated capacity expansion and U.S. on‑shoring (Series 6 finishing capacity), which supports long‑term growth but can pressure near‑term margins and cash needs during the ramp. Read More.
• Neutral Sentiment: Technical/market signals produced short intraday pops (a noted trading “power inflow” signal), but fundamentals drove the larger move. Read More.
• Negative Sentiment: Weak 2026 net‑sales guidance: management guided $4.9B–$5.2B for FY26, well below consensus, creating the main catalyst for the selloff. Read More.
• Negative Sentiment: Q4 EPS missed estimates ($4.84 vs. ~$5.22 consensus), reinforcing concerns about near‑term profitability despite revenue strength. Read More.
• Negative Sentiment: Tariff and policy uncertainty, plus commentary on project/permitting delays, hurt demand visibility and led multiple firms to cut price targets or downgrade the stock. Read More.

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.