JPMorgan Chase & Co. Cuts First Solar (NASDAQ:FSLR) Price Target to $256.00

First Solar (NASDAQ:FSLR) had its price objective cut by JPMorgan Chase & Co. from $303.00 to $256.00 in a report issued on Wednesday morning,MarketScreener reports. They currently have an overweight rating on the solar cell manufacturer’s stock.

A number of other equities analysts have also recently commented on FSLR. Evercore raised their target price on First Solar from $240.90 to $241.00 in a report on Friday, October 31st. Needham & Company LLC upped their price target on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research report on Monday, February 23rd. TD Cowen lowered their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research report on Wednesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of First Solar in a research note on Monday, December 29th. Finally, HSBC restated a “hold” rating and set a $211.00 target price (down from $280.00) on shares of First Solar in a research note on Wednesday. Twenty research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $257.91.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $197.20 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $21.16 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 0.28 and a beta of 1.60. The firm’s 50 day moving average price is $241.94 and its 200-day moving average price is $235.98. First Solar has a twelve month low of $116.56 and a twelve month high of $285.99.

First Solar (NASDAQ:FSLR) last announced its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company posted $3.65 earnings per share. The firm’s quarterly revenue was up 11.1% on a year-over-year basis. Equities research analysts expect that First Solar will post 13.05 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of First Solar by 3.5% in the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after buying an additional 464,130 shares during the period. State Street Corp increased its stake in First Solar by 2.1% in the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock worth $881,680,000 after purchasing an additional 111,927 shares during the period. Geode Capital Management LLC lifted its position in shares of First Solar by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock worth $761,396,000 after purchasing an additional 24,206 shares during the last quarter. Viking Global Investors LP boosted its stake in shares of First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after purchasing an additional 854,919 shares during the period. Finally, Amundi boosted its stake in shares of First Solar by 9.4% during the fourth quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after purchasing an additional 189,626 shares during the period. Hedge funds and other 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: U.S. tariffs on Indian solar manufacturers reduce potential low-cost competition for U.S. demand, which could benefit domestic suppliers like First Solar. India Tariff Article
• Positive Sentiment: Some analysts and commentators view the post-earnings pullback as a buying opportunity — a “buy the weakness” thesis highlighting long-term project backlog and subsidy support (45X tax credits) for near-term profitability. Seeking Alpha Buy Thesis
• Positive Sentiment: Coverage noting First Solar’s role in clean-energy gains on the Nasdaq could support positive sentiment among sector-focused investors. Kalkine Media
• Neutral Sentiment: Wells Fargo trimmed its price target (to $255) but kept an overweight stance — a mixed signal that reduces upside expectations while retaining conviction. Wells Fargo/PT Cut
• Neutral Sentiment: Goldman Sachs and JPMorgan also lowered price targets (Goldman to $300, JPM to $256) but maintained buy/overweight ratings, signaling confidence in medium-term fundamentals despite near-term revisions. Goldman/JPM PT Changes
• Neutral Sentiment: Market-wide weakness in the S&P 500 and tech dragged sentiment this week, amplifying pressure on cyclical/clean-energy names including FSLR. S&P 500 Weekly
• Neutral Sentiment: Short-interest data reported is effectively negligible/ambiguous (zero shares reported), so short squeezes are unlikely to be a driver at present.
• Negative Sentiment: Management issued weak sales/guidance for 2026 and disappointing Q1 guidance, which triggered a sharp share decline as investors reassess revenue and backlog trajectory. Weak Guidance
• Negative Sentiment: First Solar reported Q4 EPS below consensus despite revenue beat; margin reliance on tax credits (45X) and tapering backlog raise longer-term risk concerns. Earnings Risks
• Negative Sentiment: Wolfe Research downgraded FSLR from “strong-buy” to “hold,” and other outlets note gap-down trading and steep short-term losses — analyst skepticism is pressuring sentiment. Wolfe Research Downgrade
• Negative Sentiment: Pomerantz law firm opened an investor investigation, introducing potential legal/financial risk and adding to short-term uncertainty. Investor Investigation

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.