JPMorgan Chase & Co. Has Lowered Expectations for First Solar (NASDAQ:FSLR) Stock Price

First Solar (NASDAQ:FSLR) had its price objective cut by equities researchers at JPMorgan Chase & Co. from $303.00 to $256.00 in a note issued to investors on Wednesday,MarketScreener reports. The brokerage currently has an “overweight” rating on the solar cell manufacturer’s stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 27.94% from the stock’s previous close.

Several other research firms also recently commented on FSLR. Wall Street Zen raised First Solar from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Roth Mkm set a $300.00 target price on shares of First Solar in a research report on Friday, October 31st. KeyCorp reaffirmed an “overweight” rating on shares of First Solar in a research report on Friday, October 31st. Wolfe Research lifted their price objective on shares of First Solar from $232.00 to $247.00 in a research note on Friday, October 31st. Finally, TD Cowen decreased their target price on shares of First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research report on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $257.91.

First Solar Price Performance

Shares of NASDAQ FSLR opened at $200.10 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average price is $243.33 and its two-hundred day moving average price is $235.88. The company has a market cap of $21.47 billion, a PE ratio of 14.08, a price-to-earnings-growth ratio of 0.27 and a beta of 1.60. First Solar has a twelve month low of $116.56 and a twelve month high of $285.99.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a return on equity of 17.32% and a net margin of 29.28%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.65 earnings per share. On average, analysts predict that First Solar will post 13.05 EPS for the current year.

Institutional Trading of First Solar

A number of hedge funds have recently made changes to their positions in FSLR. Linden Thomas Advisory Services LLC boosted its holdings in shares of First Solar by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after buying an additional 39 shares in the last quarter. Apollon Wealth Management LLC grew its stake in shares of First Solar by 1.2% in the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after buying an additional 44 shares during the period. Root Financial Partners LLC raised its stake in First Solar by 18.2% during the 4th quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock worth $76,000 after buying an additional 45 shares during the period. FIL Ltd boosted its holdings in First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock worth $185,000 after acquiring an additional 46 shares in the last quarter. Finally, Signaturefd LLC grew its stake in First Solar by 2.6% in the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after acquiring an additional 47 shares during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting First Solar

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

• Positive Sentiment: Company delivered record 2025 profit and beat revenue for the quarter, showing solid underlying demand and profitability that supports a longer-term growth story. First Solar Sees Record 2025 Profit
• Positive Sentiment: Many firms kept Buy/Overweight ratings despite cutting targets, signaling continued analyst confidence in First Solar’s long-term positioning (onshoring, Series 6 capacity ramps). Goldman Sachs Adjusts First Solar Price Target
• Neutral Sentiment: Industry context: First Solar is increasing capacity as solar demand grows, which could support future revenue if demand/contracting recovers (comparison coverage vs. peers such as Enphase). First Solar vs. Enphase Energy
• Neutral Sentiment: Analyst and market commentary is mixed — some see this pullback as a buying opportunity if policy/tariff risks abate, while others remain cautious; investor views differ on timing. Seeking Alpha: Buy This Weakness
• Negative Sentiment: Management issued 2026 net sales guidance materially below Street expectations (guidance ~ $4.9B–$5.2B), which is the primary driver of today’s selloff. What’s Going On With First Solar Stock Today?
• Negative Sentiment: Q4 EPS missed consensus (reported $4.84 vs. est. $5.22), reinforcing near-term concerns about profitability and demand visibility despite revenue beat. Q4 Earnings Miss
• Negative Sentiment: Multiple brokerages lowered price targets and a few cut ratings as tariff/policy uncertainty and near-term backlog declines weigh on visibility — amplifying selling pressure. JPMorgan Lowers Price Target
• Negative Sentiment: Investor legal/activism risk flagged: Pomerantz announced an investigation into First Solar investor claims, which can add short-term uncertainty and news-driven volatility. Pomerantz Investor Alert

About First Solar

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.