Susquehanna Forecasts Strong Price Appreciation for First Solar (NASDAQ:FSLR) Stock

First Solar (NASDAQ:FSLR) had its target price upped by stock analysts at Susquehanna from $285.00 to $292.00 in a research report issued to clients and investors on Wednesday,MarketScreener reports. The firm presently has a “positive” rating on the solar cell manufacturer’s stock. Susquehanna’s price target suggests a potential upside of 21.83% from the stock’s previous close.

Several other brokerages have also issued reports on FSLR. Barclays reaffirmed an “overweight” rating and set a $279.00 price objective on shares of First Solar in a report on Monday, November 3rd. Seaport Research Partners lifted their price target on First Solar from $217.00 to $305.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of First Solar in a report on Monday, December 29th. Mizuho raised their target price on shares of First Solar from $278.00 to $335.00 in a research report on Friday, October 31st. Finally, Wells Fargo & Company lifted their target price on shares of First Solar from $270.00 to $285.00 and gave the company an “overweight” rating in a report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $276.76.

First Solar Price Performance

FSLR stock opened at $239.68 on Wednesday. The business has a 50 day moving average price of $257.48 and a 200 day moving average price of $226.54. The company has a quick ratio of 1.55, a current ratio of 1.91 and a debt-to-equity ratio of 0.03. The stock has a market cap of $25.72 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 0.30 and a beta of 1.60. 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 announced its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.08). First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter in the prior year, the company earned $2.91 earnings per share. The business’s revenue for the quarter was up 79.7% on a year-over-year basis. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. Equities research analysts anticipate that First Solar will post 13.05 earnings per share for the current fiscal year.

Insider Activity at First Solar

In related news, insider Georges Antoun sold 37,412 shares of First Solar stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $265.01, for a total value of $9,914,554.12. Following the sale, the insider directly owned 15,424 shares in the company, valued at $4,087,514.24. The trade was a 70.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Michael T. Sweeney sold 4,500 shares of the stock in a transaction dated Thursday, November 6th. The shares were sold at an average price of $271.11, for a total transaction of $1,219,995.00. Following the completion of the transaction, the director directly owned 13,662 shares of the company’s stock, valued at approximately $3,703,904.82. This trade represents a 24.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,912 shares of company stock worth $12,971,349 in the last three months. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On First Solar

Large investors have recently added to or reduced their stakes in the business. TD Private Client Wealth LLC lifted its position in First Solar by 126.9% during the second quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock worth $25,000 after buying an additional 85 shares during the period. Aventura Private Wealth LLC acquired a new position in shares of First Solar during the 4th quarter valued at about $25,000. Strategic Wealth Investment Group LLC purchased a new position in shares of First Solar during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. boosted its position in shares of First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after acquiring an additional 75 shares during the last quarter. Finally, Total Investment Management Inc. purchased a new stake in First Solar in the second quarter valued at approximately $36,000. 92.08% of the stock is owned by institutional investors and hedge funds.

Key First Solar News

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

• Positive Sentiment: U.S. Patent Office backing of TOPCon solar cell protections bolsters First Solar’s IP moat and valuation upside, supporting long-term competitive advantage. First Solar (FSLR) Valuation After Patent Office Backs TOPCon Solar Cell Protections
• Positive Sentiment: Susquehanna raised its price target to $292 and maintained a positive rating — a bullish analyst signal that implies meaningful upside from current levels. Susquehanna Adjusts Price Target on First Solar to $292
• Positive Sentiment: Royal Bank of Canada boosted its price target to $258, another analyst upgrade that supports investor confidence in earnings growth. Royal Bank Of Canada Boosts First Solar (NASDAQ:FSLR) Price Target to $258.00
• Positive Sentiment: High-profile endorsement — Josh Brown highlighted First Solar as one of his “best stocks,” which can attract retail/ETF flows and positive sentiment. Josh Brown’s “best stocks in the market:” First Solar
• Positive Sentiment: Macro demand story: coverage highlighting Saudi Arabia’s large-scale switch to solar underscores secular demand for utility-scale panels — a tailwind for First Solar’s backlog and long-term growth. Saudi Arabia’s Solar Bet Exposes the Energy Stock You Need to Own Right Now
• Neutral Sentiment: Elevated investor attention/search interest in FSLR — higher visibility can increase volatility but is not directional by itself. Investors Heavily Search First Solar, Inc. (FSLR)
• Negative Sentiment: Pomerantz LLP announced an investor investigation into First Solar — legal inquiries can pressure shares due to potential litigation risk and uncertainty. INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Solar, Inc.
• Negative Sentiment: Bank of America trimmed its price target from $291 to $271 (still a buy) — the cut reduces near-term upside implied by sell‑side consensus and may prompt profit-taking. Bank of America Lowers Price Target on First Solar
• Negative Sentiment: Intraday coverage noted the stock traded down despite broader market gains, reflecting the net effect of mixed analyst moves, legal headlines and rotation within energy/tech sectors. First Solar (FSLR) Stock Sinks As Market Gains: Here’s Why

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.