Mizuho Issues Pessimistic Forecast for First Solar (NASDAQ:FSLR) Stock Price

First Solar (NASDAQ:FSLR) had its price target dropped by analysts at Mizuho from $326.00 to $271.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “outperform” rating on the solar cell manufacturer’s stock. Mizuho’s price target suggests a potential upside of 35.43% from the stock’s current price.

A number of other research firms also recently issued reports on FSLR. Wells Fargo & Company increased their price objective on First Solar from $270.00 to $285.00 and gave the stock an “overweight” rating in a report on Friday, December 19th. Daiwa Securities Group upped their target price on shares of First Solar from $215.00 to $284.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 9th. Glj Research lifted their price target on shares of First Solar from $214.06 to $314.43 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Rothschild & Co Redburn boosted their price objective on shares of First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Finally, Needham & Company LLC upped their price objective on shares of First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a report on Monday. Twenty-one analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.91.

First Solar Price Performance

FSLR stock opened at $200.10 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.67 and a quick ratio of 1.55. First Solar has a 1 year low of $116.56 and a 1 year high of $285.99. The firm has a 50-day moving average of $243.33 and a 200 day moving average of $235.88. The company has a market cap of $21.47 billion, a P/E ratio of 14.08, a PEG ratio of 0.27 and a beta of 1.60.

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

Hedge Funds Weigh In On First Solar

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

Key First Solar News

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

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.