First Solar, Inc. (NASDAQ:FSLR) Stock Has Consensus Price Target of $265.73 According to Analysts

First Solar, Inc. (NASDAQ:FSLR) has received a consensus recommendation of “Moderate Buy” from the thirty-seven brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, nine have issued a hold recommendation, twenty-three have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $259.62.

Several brokerages have commented on FSLR. Robert W. Baird lowered their target price on shares of First Solar from $318.00 to $290.00 and set an “outperform” rating for the company in a research note on Tuesday, September 22nd. William Blair set a $248.00 price target on First Solar in a report on Friday. JPMorgan Chase & Co. lowered their price target on First Solar from $252.00 to $233.00 and set an “overweight” rating for the company in a report on Friday. Needham & Company LLC dropped their price target on First Solar from $303.00 to $236.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Sanford C. Bernstein cut their price objective on First Solar from $197.00 to $169.00 and set an “underperform” rating on the stock in a report on Friday.

Insider Activity at First Solar

In related news, EVP Samantha L. Sloan sold 127 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $222.95, for a total value of $28,314.65. Following the completion of the transaction, the executive vice president directly owned 2,018 shares of the company’s stock, valued at approximately $449,913.10. This represents a 5.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Michael Koralewski sold 7,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $221.51, for a total value of $1,550,570.00. Following the transaction, the insider owned 7,642 shares of the company’s stock, valued at approximately $1,692,779.42. The trade was a 47.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 16,681 shares of company stock valued at $3,756,286. Corporate insiders own 0.39% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Pictet Asset Management Holding SA raised its position in shares of First Solar by 29.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,138,473 shares of the solar cell manufacturer’s stock valued at $224,540,000 after buying an additional 258,204 shares in the last quarter. Rakuten Investment Management Inc. acquired a new stake in shares of First Solar during the 2nd quarter worth approximately $4,019,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of First Solar by 7.0% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,535,836 shares of the solar cell manufacturer’s stock worth $362,396,000 after acquiring an additional 100,694 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of First Solar during the 2nd quarter worth approximately $6,121,000. Finally, Handelsbanken Fonder AB increased its stake in First Solar by 15.0% in the second quarter. Handelsbanken Fonder AB now owns 683,112 shares of the solar cell manufacturer’s stock valued at $161,187,000 after acquiring an additional 89,214 shares during the last quarter. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar Trading Down 1.4%

NASDAQ FSLR opened at $174.40 on Friday. First Solar has a 12 month low of $165.86 and a 12 month high of $320.95. The stock has a 50-day simple moving average of $188.72 and a 200 day simple moving average of $216.19. The company has a market capitalization of $18.74 billion, a PE ratio of 10.09, a P/E/G ratio of 0.47 and a beta of 1.80.

First Solar (NASDAQ:FSLR) last issued its earnings results on Thursday, October 29th. The solar cell manufacturer reported $5.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.63. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.29 billion. First Solar had a return on equity of 18.78% and a net margin of 37.12%. The company’s revenue was down 22.8% compared to the same quarter last year. During the same quarter last year, the business earned $4.24 earnings per share. As a group, sell-side analysts predict that First Solar will post 17.64 earnings per share for the current fiscal year.

More First Solar News

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

• Positive Sentiment: First Solar reported third-quarter adjusted earnings of $5.30 per share, beating estimates by roughly 14%, while net income increased 25% year over year. Strong margins and a reported $13.5 billion backlog provide support for longer-term earnings visibility. First Solar Announces Third Quarter 2026 Financial Results
• Positive Sentiment: The company authorized a $500 million share-repurchase program, which could support per-share results and signal management’s confidence in long-term cash generation. First Solar Posts Strong Q3 Results and Launches Buyback Plan
• Positive Sentiment: First Solar signed a U.S. patent licensing agreement with CubicPV covering perovskite technology, potentially advancing its next-generation solar-product development. The company also inaugurated the first phase of its South Carolina facility, expanding domestic manufacturing capacity. First Solar and CubicPV Enter U.S. Patent Licensing Agreement

About First Solar

First Solar, Inc is a vertically integrated solar technology and manufacturing company that designs, manufactures and sells photovoltaic (PV) solar modules. Its modules use advanced thin-film semiconductor technology based on cadmium telluride (CdTe), rather than the crystalline-silicon technology used by most solar manufacturers. The company serves utility-scale solar developers, commercial and industrial customers, and other large-scale energy users.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar operates research and development, manufacturing and recycling facilities in the United States and internationally.