Royal Bank Of Canada Lowers First Solar (NASDAQ:FSLR) Price Target to $236.00

First Solar (NASDAQ:FSLR) had its price objective reduced by equities research analysts at Royal Bank Of Canada from $258.00 to $236.00 in a report released on Wednesday, MarketBeat reports. The brokerage currently has an “outperform” rating on the solar cell manufacturer’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 17.94% from the company’s current price.

A number of other research firms also recently 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. Evercore lifted their price target on First Solar from $240.90 to $241.00 in a research note on Friday, October 31st. DZ Bank lowered First Solar from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 31st. KeyCorp reissued an “overweight” rating on shares of First Solar in a report on Friday, October 31st. Finally, Jefferies Financial Group lowered First Solar from a “buy” rating to a “hold” rating and cut their target price for the stock from $269.00 to $260.00 in a research note on Wednesday, January 7th. Twenty-one research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, First Solar presently has an average rating of “Moderate Buy” and a consensus target price of $257.91.

First Solar Stock Down 4.8%

Shares of NASDAQ FSLR opened at $200.10 on Wednesday. The company has a current ratio of 2.67, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average of $243.33 and a 200-day moving average of $235.88. The firm has a market capitalization of $21.47 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 0.27 and a beta of 1.60. First Solar has a 12 month low of $116.56 and a 12 month high of $285.99.

First Solar (NASDAQ:FSLR) last announced 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). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the previous year, the firm earned $3.65 earnings per share. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Sell-side analysts expect that First Solar will post 13.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On First Solar

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SFE Investment Counsel grew its stake in shares of First Solar by 9.1% in 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 in the last quarter. Joule Financial LLC bought a new position in shares of First Solar in the 3rd quarter valued at about $950,000. Mirae Asset Global Investments Co. Ltd. grew its position in First Solar by 22.0% in 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 purchased a new position in First Solar in the second quarter worth about $1,323,000. Finally, Belpointe Asset Management LLC bought a new stake in First Solar during the third quarter worth approximately $1,193,000. 92.08% of the stock is currently owned by institutional investors.

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.