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

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

• 11/10/2026 – First Solar had its price target lowered by UBS Group from $330.00 to $295.00. They now have a “buy” rating on the stock.
• 11/9/2026 – First Solar had its price target lowered by Piper Sandler from $251.00 to $222.00. They now have an “overweight” rating on the stock.
• 11/5/2026 – First Solar was upgraded by William Blair from “market perform” to “outperform”.
• 11/2/2026 – First Solar was given a new $328.00 price target by Mizuho.
• 11/2/2026 – First Solar had its price target lowered by Barclays from $259.00 to $230.00. They now have an “overweight” rating on the stock.
• 11/2/2026 – First Solar had its price target lowered by Guggenheim from $299.00 to $297.00. They now have a “buy” rating on the stock.
• 11/2/2026 – First Solar had its price target lowered by Robert W. Baird from $290.00 to $266.00. They now have an “outperform” rating on the stock.
• 10/30/2026 – First Solar was given a new $248.00 price target by William Blair.
• 10/30/2026 – First Solar had its price target lowered by Citigroup from $297.00 to $283.00. They now have a “buy” rating on the stock.
• 10/30/2026 – First Solar had its “positive” rating reaffirmed by Susquehanna. They now have a $246.00 price target on the stock.
• 10/30/2026 – First Solar had its “buy” rating reaffirmed by UBS Group.
• 10/30/2026 – First Solar had its “market perform” rating reaffirmed by Oppenheimer.
• 10/30/2026 – First Solar had its “outperform” rating reaffirmed by BMO Capital Markets. They now have a $255.00 price target on the stock.
• 10/30/2026 – First Solar had its “buy” rating reaffirmed by The Goldman Sachs Group.
• 10/30/2026 – First Solar had its price target lowered by Citigroup from $297.00 to $283.00. They now have a “buy” rating on the stock.
• 10/30/2026 – First Solar is now covered by BNP Paribas Exane. They set a “strong-buy” rating on the stock.
• 10/30/2026 – First Solar had its price target lowered by JPMorgan Chase & Co. from $252.00 to $233.00. They now have an “overweight” rating on the stock.
• 10/30/2026 – First Solar had its price target lowered by Morgan Stanley from $326.00 to $307.00. They now have an “overweight” rating on the stock.
• 10/30/2026 – First Solar had its price target lowered by Royal Bank Of Canada from $236.00 to $232.00. They now have an “outperform” rating on the stock.
• 10/30/2026 – First Solar had its price target lowered by Wells Fargo & Company from $313.00 to $260.00. They now have an “overweight” rating on the stock.
• 10/30/2026 – First Solar was downgraded by Glj Research from “buy” to “hold”. They now have a $161.00 price target on the stock.
• 10/30/2026 – First Solar had its price target lowered by Sanford C. Bernstein from $197.00 to $169.00. They now have an “underperform” rating on the stock.
• 10/30/2026 – First Solar had its price target lowered by Needham & Company LLC from $303.00 to $236.00. They now have a “buy” rating on the stock.
• 10/27/2026 – First Solar had its price target raised by Guggenheim from $282.00 to $299.00. They now have a “buy” rating on the stock.
• 10/23/2026 – First Solar was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 10/19/2026 – First Solar had its price target lowered by JPMorgan Chase & Co. from $256.00 to $252.00. They now have an “overweight” rating on the stock.
• 10/16/2026 – First Solar had its “hold” rating reaffirmed by Jefferies Financial Group. They now have a $199.00 price target on the stock.
• 10/15/2026 – First Solar had its price target lowered by Barclays from $279.00 to $259.00. They now have an “overweight” rating on the stock.
• 10/14/2026 – First Solar had its price target raised by Morgan Stanley from $323.00 to $326.00. They now have an “overweight” rating on the stock.
• 10/12/2026 – First Solar was upgraded by Truist Financial from “hold” to “buy”. They now have a $270.00 price target on the stock, up from $229.00.
• 10/12/2026 – First Solar was upgraded by Truist Financial from “hold” to “buy”. They now have a $270.00 price target on the stock, up from $229.00.
• 10/8/2026 – First Solar was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/8/2026 – First Solar had its price target lowered by The Goldman Sachs Group from $310.00 to $272.00. They now have a “buy” rating on the stock.
• 10/5/2026 – First Solar was upgraded by TD Cowen to “strong-buy”.
• 9/30/2026 – First Solar had its price target lowered by Piper Sandler from $260.00 to $251.00. They now have an “overweight” rating on the stock.
• 9/28/2026 – First Solar had its “buy” rating reaffirmed by Guggenheim.
• 9/22/2026 – First Solar had its price target lowered by Glj Research from $315.00 to $250.00. They now have a “buy” rating on the stock.
• 9/22/2026 – First Solar had its price target lowered by Robert W. Baird from $318.00 to $290.00. They now have an “outperform” rating on the stock.

First Solar Stock Performance

Shares of NASDAQ FSLR traded down $4.68 during trading on Thursday, hitting $173.43. The company had a trading volume of 958,434 shares, compared to its average volume of 2,435,455. The stock has a 50 day simple moving average of $185.89 and a 200 day simple moving average of $214.08. First Solar, Inc. has a 12 month low of $165.86 and a 12 month high of $320.95. The firm has a market capitalization of $18.64 billion, a P/E ratio of 10.04, a price-to-earnings-growth ratio of 0.49 and a beta of 1.73.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, October 29th. The solar cell manufacturer reported $5.30 earnings per share for the quarter, topping analysts’ consensus estimates of $4.67 by $0.63. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.29 billion. First Solar had a return on equity of 18.33% and a net margin of 37.12%. The business’s quarterly revenue was down 22.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $4.24 earnings per share. As a group, analysts predict that First Solar, Inc. will post 17.70 EPS for the current year.

Insiders Place Their Bets

In other First Solar news, EVP Samantha L. Sloan sold 127 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $222.95, for a total transaction of $28,314.65. Following the transaction, the executive vice president owned 2,018 shares in the company, valued at $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Markus Gloeckler sold 800 shares of the stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $174.00, for a total transaction of $139,200.00. Following the completion of the sale, the chief technology officer directly owned 5,042 shares in the company, valued at approximately $877,308. This represents a 13.69% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,727 shares of company stock valued at $327,515. 0.39% of the stock is owned by corporate insiders.

First Solar, Inc. is a U.S.-based solar technology company that designs and manufactures photovoltaic modules for utility-scale solar power projects. Its products use thin-film cadmium telluride (CdTe) technology, an alternative to the crystalline-silicon cells commonly used in solar panels. Founded in 1999, the company also provides services related to its modules, including recycling designed to recover and reuse materials at the end of a product’s useful life. First Solar serves customers in markets across the Americas, Europe, and Asia-Pacific.