First Solar (NASDAQ:FSLR) Downgraded by Wall Street Zen to “Hold”

First Solar (NASDAQ:FSLR) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other equities research analysts have also weighed in on FSLR. Barclays reissued an “overweight” rating and set a $279.00 target price on shares of First Solar in a research report on Monday, November 3rd. Roth Mkm set a $300.00 price objective on shares of First Solar in a report on Friday, October 31st. Deutsche Bank Aktiengesellschaft cut shares of First Solar from a “buy” rating to a “hold” rating and lowered their target price for the company from $300.00 to $245.00 in a report on Wednesday. Morgan Stanley set a $275.00 price target on shares of First Solar in a research note on Friday, October 31st. Finally, DZ Bank downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. Twenty analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, First Solar presently has an average rating of “Moderate Buy” and a consensus target price of $257.91.

First Solar Price Performance

Shares of FSLR opened at $197.20 on Friday. The firm has a market capitalization of $21.16 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 0.28 and a beta of 1.60. The firm’s fifty day simple moving average is $241.94 and its 200-day simple moving average is $235.98. First Solar has a twelve month low of $116.56 and a twelve month high of $285.99. The company has a current ratio of 2.67, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03.

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 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 analyst estimates of $1.59 billion. During the same quarter in the previous year, the firm posted $3.65 EPS. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Equities analysts forecast that First Solar will post 13.05 EPS for the current fiscal year.

Institutional Trading of First Solar

Hedge funds have recently made changes to their positions in the stock. Banque Transatlantique SA boosted its stake in First Solar by 900.0% during the 4th quarter. Banque Transatlantique SA now owns 2,500 shares of the solar cell manufacturer’s stock valued at $654,000 after acquiring an additional 2,250 shares during the last quarter. Virtu Financial LLC acquired a new position in First Solar in the fourth quarter worth about $662,000. MV Capital Management Inc. bought a new stake in First Solar in the fourth quarter valued at about $30,000. Capstone Wealth Management Inc. acquired a new stake in First Solar during the fourth quarter valued at approximately $212,000. Finally, Compound Planning Inc. lifted 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 worth $311,000 after buying an additional 201 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Key Stories Impacting First Solar

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

• Positive Sentiment: U.S. tariffs on Indian solar manufacturers reduce potential low-cost competition for U.S. demand, which could benefit domestic suppliers like First Solar. India Tariff Article
• Positive Sentiment: Some analysts and commentators view the post-earnings pullback as a buying opportunity — a “buy the weakness” thesis highlighting long-term project backlog and subsidy support (45X tax credits) for near-term profitability. Seeking Alpha Buy Thesis
• Positive Sentiment: Coverage noting First Solar’s role in clean-energy gains on the Nasdaq could support positive sentiment among sector-focused investors. Kalkine Media
• Neutral Sentiment: Wells Fargo trimmed its price target (to $255) but kept an overweight stance — a mixed signal that reduces upside expectations while retaining conviction. Wells Fargo/PT Cut
• Neutral Sentiment: Goldman Sachs and JPMorgan also lowered price targets (Goldman to $300, JPM to $256) but maintained buy/overweight ratings, signaling confidence in medium-term fundamentals despite near-term revisions. Goldman/JPM PT Changes
• Neutral Sentiment: Market-wide weakness in the S&P 500 and tech dragged sentiment this week, amplifying pressure on cyclical/clean-energy names including FSLR. S&P 500 Weekly
• Neutral Sentiment: Short-interest data reported is effectively negligible/ambiguous (zero shares reported), so short squeezes are unlikely to be a driver at present.
• Negative Sentiment: Management issued weak sales/guidance for 2026 and disappointing Q1 guidance, which triggered a sharp share decline as investors reassess revenue and backlog trajectory. Weak Guidance
• Negative Sentiment: First Solar reported Q4 EPS below consensus despite revenue beat; margin reliance on tax credits (45X) and tapering backlog raise longer-term risk concerns. Earnings Risks
• Negative Sentiment: Wolfe Research downgraded FSLR from “strong-buy” to “hold,” and other outlets note gap-down trading and steep short-term losses — analyst skepticism is pressuring sentiment. Wolfe Research Downgrade
• Negative Sentiment: Pomerantz law firm opened an investor investigation, introducing potential legal/financial risk and adding to short-term uncertainty. Investor Investigation

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.