First Solar (FSLR) – Investment Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of First Solar (NASDAQ: FSLR) in the last few weeks:

• 4/15/2025 – First Solar had its price target lowered by analysts at Robert W. Baird from $267.00 to $240.00. They now have an “outperform” rating on the stock.
• 4/14/2025 – First Solar had its price target lowered by analysts at Susquehanna from $223.00 to $217.00. They now have a “positive” rating on the stock.
• 4/14/2025 – First Solar had its price target lowered by analysts at UBS Group AG from $285.00 to $240.00. They now have a “buy” rating on the stock.
• 4/11/2025 – First Solar had its price target lowered by analysts at Barclays PLC from $236.00 to $204.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – First Solar had its price target lowered by analysts at Bank of America Co. from $236.00 to $215.00. They now have a “buy” rating on the stock.
• 4/7/2025 – First Solar had its price target lowered by analysts at Guggenheim from $304.00 to $253.00. They now have a “buy” rating on the stock.
• 4/2/2025 – First Solar had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $245.00 price target on the stock, down previously from $285.00.
• 3/3/2025 – First Solar is now covered by analysts at Redburn Atlantic. They set a “neutral” rating on the stock.
• 2/28/2025 – First Solar had its price target lowered by analysts at Barclays PLC from $273.00 to $236.00. They now have an “overweight” rating on the stock.
• 2/27/2025 – First Solar was given a new $265.00 price target on by analysts at Deutsche Bank Aktiengesellschaft.
• 2/27/2025 – First Solar had its price target lowered by analysts at Morgan Stanley from $297.00 to $238.00. They now have an “overweight” rating on the stock.
• 2/27/2025 – First Solar had its price target lowered by analysts at Guggenheim from $335.00 to $304.00. They now have a “buy” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at Piper Sandler from $250.00 to $230.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at JPMorgan Chase & Co. from $282.00 to $268.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at Royal Bank of Canada from $280.00 to $251.00. They now have an “outperform” rating on the stock.
• 2/26/2025 – First Solar had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $230.00 price target on the stock, down previously from $260.00.
• 2/26/2025 – First Solar had its price target lowered by analysts at Citigroup Inc. from $254.00 to $236.00. They now have a “neutral” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at UBS Group AG from $360.00 to $285.00. They now have a “buy” rating on the stock.
• 2/26/2025 – First Solar had its “buy” rating reaffirmed by analysts at Roth Mkm. They now have a $280.00 price target on the stock.
• 2/26/2025 – First Solar had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $285.00 price target on the stock, down previously from $300.00.

First Solar Price Performance

FSLR traded down $4.30 during trading on Tuesday, reaching $126.96. The stock had a trading volume of 1,828,012 shares, compared to its average volume of 2,733,052. The business has a 50-day moving average of $139.20 and a 200-day moving average of $174.76. First Solar, Inc. has a one year low of $116.56 and a one year high of $306.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The stock has a market cap of $13.59 billion, a PE ratio of 10.94, a PEG ratio of 0.19 and a beta of 1.48.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. As a group, equities research analysts anticipate that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Georges Antoun sold 229 shares of First Solar stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $133.75, for a total transaction of $30,628.75. Following the sale, the insider now directly owns 52,836 shares in the company, valued at $7,066,815. The trade was a 0.43 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Alexander R. Bradley sold 599 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $133.75, for a total value of $80,116.25. Following the completion of the transaction, the chief financial officer now owns 45,717 shares of the company’s stock, valued at approximately $6,114,648.75. This trade represents a 1.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,311 shares of company stock valued at $4,767,158 over the last three months. Corporate insiders own 0.58% of the company’s stock.

Hedge Funds Weigh In On First Solar

Several large investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC grew its stake in shares of First Solar by 31.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer’s stock worth $47,000 after acquiring an additional 63 shares during the last quarter. Crews Bank & Trust bought a new position in First Solar in the 4th quarter valued at approximately $53,000. Hudson Edge Investment Partners Inc. bought a new stake in shares of First Solar in the 4th quarter worth $53,000. Banque Transatlantique SA bought a new position in shares of First Solar during the fourth quarter valued at $53,000. Finally, CoreFirst Bank & Trust purchased a new stake in shares of First Solar during the fourth quarter valued at $54,000. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.