Research Analysts’ Weekly Ratings Updates for First Solar (FSLR)

Several analysts have recently updated their ratings and price targets for First Solar (NASDAQ: FSLR):

• 3/3/2025 – First Solar is now covered by analysts at Redburn Atlantic. They set a “neutral” rating on the stock.
• 2/28/2025 – First Solar had its price target lowered by analysts at Barclays PLC from $273.00 to $236.00. They now have an “overweight” rating on the stock.
• 2/27/2025 – First Solar was given a new $265.00 price target on by analysts at Deutsche Bank Aktiengesellschaft.
• 2/27/2025 – First Solar had its price target lowered by analysts at Morgan Stanley from $297.00 to $238.00. They now have an “overweight” rating on the stock.
• 2/27/2025 – First Solar had its price target lowered by analysts at Guggenheim from $335.00 to $304.00. They now have a “buy” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at Piper Sandler from $250.00 to $230.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at JPMorgan Chase & Co. from $282.00 to $268.00. They now have an “overweight” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at Royal Bank of Canada from $280.00 to $251.00. They now have an “outperform” rating on the stock.
• 2/26/2025 – First Solar had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $230.00 price target on the stock, down previously from $260.00.
• 2/26/2025 – First Solar had its price target lowered by analysts at Citigroup Inc. from $254.00 to $236.00. They now have a “neutral” rating on the stock.
• 2/26/2025 – First Solar had its price target lowered by analysts at UBS Group AG from $360.00 to $285.00. They now have a “buy” rating on the stock.
• 2/26/2025 – First Solar had its “buy” rating reaffirmed by analysts at Roth Mkm. They now have a $280.00 price target on the stock.
• 2/26/2025 – First Solar had its “buy” rating reaffirmed by analysts at Truist Financial Co.. They now have a $285.00 price target on the stock, down previously from $300.00.
• 2/11/2025 – First Solar was upgraded by analysts at Mizuho from a “neutral” rating to an “outperform” rating. They now have a $259.00 price target on the stock, up previously from $218.00.
• 1/28/2025 – First Solar had its price target lowered by analysts at Bank of America Co. from $246.00 to $236.00. They now have a “buy” rating on the stock.
• 1/27/2025 – First Solar had its price target lowered by analysts at Barclays PLC from $275.00 to $273.00. They now have an “overweight” rating on the stock.
• 1/22/2025 – First Solar had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $335.00 price target on the stock.
• 1/15/2025 – First Solar was upgraded by analysts at Seaport Res Ptn from a “hold” rating to a “strong-buy” rating.
• 1/8/2025 – First Solar had its price target lowered by analysts at Wells Fargo & Company from $240.00 to $209.00. They now have an “overweight” rating on the stock.

First Solar Stock Performance

Shares of FSLR stock opened at $130.90 on Thursday. First Solar, Inc. has a 52-week low of $124.96 and a 52-week high of $306.77. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. The stock has a market cap of $14.01 billion, a PE ratio of 11.27, a price-to-earnings-growth ratio of 0.19 and a beta of 1.47. The business has a 50-day simple moving average of $170.10 and a 200-day simple moving average of $196.30.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Tuesday, February 25th. The solar cell manufacturer reported $3.65 EPS for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The company had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. On average, equities analysts expect that First Solar, Inc. will post 13.05 EPS for the current year.

Insider Buying and Selling at First Solar

In other First Solar news, CEO Mark R. Widmar sold 21,542 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.09, for a total value of $3,039,360.78. Following the sale, the chief executive officer now directly owns 103,403 shares of the company’s stock, valued at approximately $14,589,129.27. This trade represents a 17.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kuntal Kumar Verma sold 7,475 shares of the business’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $136.60, for a total value of $1,021,085.00. Following the completion of the sale, the insider now owns 3,549 shares of the company’s stock, valued at $484,793.40. This trade represents a 67.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.58% of the stock is owned by corporate insiders.

Institutional Trading of First Solar

Institutional investors and hedge funds have recently modified their holdings of the stock. National Pension Service boosted its stake in shares of First Solar by 6.7% in the third quarter. National Pension Service now owns 185,883 shares of the solar cell manufacturer’s stock worth $46,367,000 after acquiring an additional 11,683 shares during the last quarter. Asset Management One Co. Ltd. lifted its holdings in First Solar by 2.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 41,934 shares of the solar cell manufacturer’s stock valued at $10,460,000 after purchasing an additional 904 shares in the last quarter. QRG Capital Management Inc. grew its holdings in shares of First Solar by 29.2% during the third quarter. QRG Capital Management Inc. now owns 2,307 shares of the solar cell manufacturer’s stock worth $576,000 after buying an additional 522 shares in the last quarter. Moloney Securities Asset Management LLC acquired a new stake in shares of First Solar in the third quarter valued at about $216,000. Finally, JNBA Financial Advisors raised its position in shares of First Solar by 6.0% in the third quarter. JNBA Financial Advisors now owns 3,086 shares of the solar cell manufacturer’s stock valued at $770,000 after buying an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.