First Solar (NASDAQ:FSLR) Given New $303.00 Price Target at Needham & Company LLC

First Solar (NASDAQ:FSLR) had its target price increased by Needham & Company LLC from $286.00 to $303.00 in a report released on Monday morning,MarketScreener reports. Needham & Company LLC currently has a buy rating on the solar cell manufacturer’s stock.

A number of other research firms also recently commented on FSLR. Wells Fargo & Company upped their price objective on First Solar from $270.00 to $285.00 and gave the company an “overweight” rating in a report on Friday, December 19th. Royal Bank Of Canada upped their price target on First Solar from $244.00 to $258.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Seaport Research Partners increased their price target on shares of First Solar from $217.00 to $305.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Evercore boosted their price objective on shares of First Solar from $240.90 to $241.00 in a report on Friday, October 31st. Finally, Wall Street Zen raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and an average target price of $276.24.

First Solar Stock Performance

Shares of First Solar stock opened at $242.15 on Monday. The firm has a fifty day moving average of $245.75 and a two-hundred day moving average of $235.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 1.91. The stock has a market capitalization of $25.99 billion, a price-to-earnings ratio of 18.60, a PEG ratio of 0.31 and a beta of 1.60. First Solar has a 52 week low of $116.56 and a 52 week high of $285.99.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. SFE Investment Counsel lifted its position in shares of First Solar by 9.1% during the 2nd quarter. SFE Investment Counsel now owns 69,810 shares of the solar cell manufacturer’s stock worth $11,556,000 after buying an additional 5,852 shares during the last quarter. Joule Financial LLC bought a new position in First Solar in the third quarter valued at about $950,000. Mirae Asset Global Investments Co. Ltd. raised its stake in First Solar by 22.0% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,155 shares of the solar cell manufacturer’s stock worth $17,015,000 after acquiring an additional 13,904 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in shares of First Solar in the second quarter worth about $1,323,000. Finally, Belpointe Asset Management LLC bought a new position in shares of First Solar in the third quarter worth about $1,193,000. 92.08% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about First Solar

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

• Positive Sentiment: Needham raised its price target to $303 and kept a “buy” rating, signaling stronger analyst conviction and providing upside reference for investors. Needham Adjusts Price Target on First Solar to $303
• Positive Sentiment: Industry demand tailwind: one report says ~93% of new U.S. power capacity in 2026 will be solar, wind and batteries — a structural boost for First Solar’s module demand and project pipeline. First Solar, Enphase In Focus As 93% Of New US Power Goes Renewable
• Positive Sentiment: Competitive moat: First Solar’s global PV recycling program and recycling capabilities are highlighted as a differentiator that can lower lifecycle costs and create incremental revenue as installations reach end‑of‑life. What Strengthens First Solar’s Leadership in PV Recycling Business?
• Positive Sentiment: Political/economic support: First Solar released a study projecting support for ~40,000 U.S. jobs and ~$7.8B in annual GDP contribution by 2027 — useful for investor confidence around U.S. expansion, permitting and potential policy support. First Solar Projected to Support Nearly 40,000 American Jobs
• Neutral Sentiment: Regulatory event to watch: the U.S. Commerce Department is issuing a preliminary decision on anti‑subsidy duties for panels from India, Indonesia and Laos — an outcome that could reduce import competition (positive) or be less impactful than expected; investors should monitor the decision for supply/price implications. US to make tariff decision on solar panels
• Neutral Sentiment: Near‑term catalyst — Q4 earnings after the bell: analysts and articles preview the report, noting investors will focus on shipments, ASPs, margin trends, backlog and 2026 guidance; the print and guidance could swing the stock either way. What To Expect From First Solar’s Q4 Earnings First Solar Q4 earnings on deck: What to expect

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.