First Solar (NASDAQ:FSLR) Price Target Cut to $212.00 by Analysts at Evercore

First Solar (NASDAQ:FSLR) had its price objective reduced by Evercore from $241.00 to $212.00 in a report released on Thursday morning,MarketScreener reports.

Other analysts have also issued research reports about the company. Needham & Company LLC increased their price target on First Solar from $286.00 to $303.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of First Solar in a research report on Monday, December 29th. Susquehanna reduced their target price on shares of First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a research note on Wednesday, February 25th. JPMorgan Chase & Co. dropped their price target on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating for the company in a research note on Wednesday, February 25th. Finally, BMO Capital Markets set a $263.00 price target on shares of First Solar in a report on Thursday, January 29th. Twenty analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, First Solar presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.65.

First Solar Stock Down 2.8%

Shares of NASDAQ FSLR opened at $191.80 on Thursday. The stock has a market capitalization of $20.58 billion, a price-to-earnings ratio of 13.50, a P/E/G ratio of 0.32 and a beta of 1.65. 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 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. The firm’s 50-day moving average price is $235.70 and its 200-day moving average price is $236.24.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share for the quarter, missing the consensus estimate of $5.22 by ($0.38). The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.65 earnings per share. On average, equities research analysts anticipate that First Solar will post 13.05 EPS for the current fiscal year.

Insider Activity at First Solar

In other First Solar news, CTO Markus Gloeckler sold 3,640 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $196.95, for a total value of $716,898.00. Following the completion of the sale, the chief technology officer directly owned 8,037 shares of the company’s stock, valued at $1,582,887.15. The trade was a 31.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Mark R. Widmar sold 7,738 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total transaction of $1,516,106.34. Following the completion of the transaction, the chief executive officer owned 91,787 shares in the company, valued at $17,983,826.91. This represents a 7.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,975 shares of company stock worth $6,267,492 over the last ninety days. 0.48% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Linden Thomas Advisory Services LLC lifted its holdings in shares of First Solar by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after buying an additional 39 shares during the period. Apollon Wealth Management LLC raised its holdings in shares of First Solar by 1.2% in the fourth quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after acquiring an additional 44 shares in the last quarter. Root Financial Partners LLC lifted its stake in First Solar by 18.2% in the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after acquiring an additional 45 shares during the period. FIL Ltd grew its holdings in First Solar by 6.9% during the 4th quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after acquiring an additional 46 shares in the last quarter. Finally, Signaturefd LLC grew 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 worth $414,000 after acquiring an additional 47 shares in the last quarter. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about First Solar

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

• Positive Sentiment: First Solar expanded U.S. manufacturing with a new Louisiana factory and plans for a South Carolina facility, which supports long‑term revenue and “on‑shoring” narratives that investors prize. First Solar expands US manufacturing
• Positive Sentiment: Certain analysts remain constructive: Argus and a subset of sell‑side coverage continue to carry buy/positive stances (albeit with trimmed targets), which can limit downside if fundamentals stabilize. Argus adjusts price target
• Neutral Sentiment: Morgan Stanley and Barclays cut price targets (to $230 and $228) but largely kept constructive ratings, signaling expectations for longer‑term upside while acknowledging near‑term margin/pricing pressure. Morgan Stanley cuts price target Barclays lowers price target
• Neutral Sentiment: Options and flow data show elevated activity but are mixed in signal — useful for short‑term traders but not definitive for fundamentals. Options trends
• Negative Sentiment: Q4 results missed EPS estimates and management issued weak 2026 sales guidance — this is the proximate driver of recent selling pressure and analyst target cuts. Earnings and guidance coverage
• Negative Sentiment: Concentrated insider selling: CEO, CFO, CTO and multiple senior executives sold sizable blocks on March 3–4 (~$196 price area). Heavy insider disposals are being read as a negative sentiment signal and add selling pressure. Widmar Form 4
• Negative Sentiment: Pomerantz LLP opened an investor investigation into First Solar, adding legal and reputational risk that can further weigh on sentiment while inquiries proceed. Pomerantz investor alert
• Negative Sentiment: Several shops (Freedom Capital, GLJ Research and others) downgraded or trimmed targets after the quarter and guidance, amplifying near‑term negative momentum. Freedom Capital 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.