First Solar’s (FSLR) Neutral Rating Reaffirmed at Robert W. Baird

Robert W. Baird reaffirmed their neutral rating on shares of First Solar (NASDAQ:FSLR) in a report released on Wednesday morning, Marketbeat Ratings reports. They currently have a $205.00 price objective on the solar cell manufacturer’s stock, down from their previous price objective of $264.00.

A number of other research firms have also weighed in on FSLR. Guggenheim lifted their target price on First Solar from $289.00 to $312.00 and gave the company a “buy” rating in a report on Thursday, January 8th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $316.00 target price on shares of First Solar in a report on Friday, October 31st. Daiwa Securities Group raised their price target on shares of First Solar from $215.00 to $284.00 and gave the company an “outperform” rating in a report on Tuesday, December 9th. Barclays reaffirmed an “overweight” rating and issued a $279.00 price target on shares of First Solar in a report on Monday, November 3rd. Finally, Rothschild & Co Redburn lifted their price objective on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Twenty-one equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $263.19.

First Solar Trading Down 13.6%

NASDAQ:FSLR opened at $210.12 on Wednesday. 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 1.91, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03. The firm’s 50 day moving average is $244.57 and its 200 day moving average is $236.13. The stock has a market capitalization of $22.55 billion, a PE ratio of 14.79, a price-to-earnings-growth ratio of 0.31 and a beta of 1.60.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.22 by ($0.38). The firm had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.81%. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.65 earnings per share. Sell-side analysts expect that First Solar will post 13.05 earnings per share for the current year.

Institutional Investors Weigh In On First Solar

A number of hedge funds have recently made changes to their positions in the business. Virtu Financial LLC bought a new position in shares of First Solar during the 4th quarter valued at $662,000. MV Capital Management Inc. bought a new position in shares of First Solar during the fourth quarter valued at about $30,000. Capstone Wealth Management Inc. purchased a new position in shares of First Solar in the fourth quarter worth about $212,000. Compound Planning Inc. boosted its holdings in First Solar by 20.3% during the 4th quarter. Compound Planning Inc. now owns 1,190 shares of the solar cell manufacturer’s stock valued at $311,000 after acquiring an additional 201 shares during the period. Finally, Corient Private Wealth LLC grew its position in First Solar by 28.2% during the 4th quarter. Corient Private Wealth LLC now owns 18,609 shares of the solar cell manufacturer’s stock worth $4,861,000 after acquiring an additional 4,096 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors.

First Solar News Roundup

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

• Positive Sentiment: Q4 results showed record 2025 revenue and profit and a revenue beat versus consensus, supporting longer‑term fundamentals. First Solar Sees Record 2025 Profit
• Positive Sentiment: First Solar signed a patent‑licensing deal with Oxford PV for U.S. markets, which could strengthen future technology/cost positioning. Patent Licensing Agreement
• Positive Sentiment: Several sell‑side firms retained Buy/Outperform stances (UBS, TD Cowen, Needham) despite cutting price targets — signaling some analysts still expect medium‑term upside. Analyst Notes
• Neutral Sentiment: Short‑term technicals produced a “power inflow” trading signal that briefly lifted the shares during intraday action. Trading Signal Article
• Negative Sentiment: The company guided FY‑2026 net sales to roughly $4.9B–$5.2B, well below Wall Street’s ~$6.2B consensus — the primary catalyst for heavy selling. Guidance / Reuters
• Negative Sentiment: Q4 EPS missed estimates (reported $4.84 vs. ~$5.22 expected), amplifying concerns about near‑term profitability. Earnings Miss
• Negative Sentiment: Rising tariff/policy uncertainty (U.S. preliminary duties on imports and management commentary on tariff impacts) is clouding demand visibility and margin assumptions. Tariff/Policy News
• Negative Sentiment: Multiple banks trimmed price targets and at least one firm (Baird) cut its rating/target, increasing near‑term selling pressure and analyst uncertainty. Analyst PT Changes

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.