Analysts Set First Solar, Inc. (NASDAQ:FSLR) Price Target at $276.76

Shares of First Solar, Inc. (NASDAQ:FSLR) have been given a consensus rating of “Moderate Buy” by the thirty-three research firms that are currently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation, twenty-four have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $276.7567.

Several equities research analysts recently issued reports on FSLR shares. Royal Bank Of Canada raised their target price on shares of First Solar from $244.00 to $258.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Wells Fargo & Company increased their price target on shares of First Solar from $270.00 to $285.00 and gave the stock an “overweight” rating in a research note on Friday, December 19th. Seaport Research Partners lifted their price target on shares of First Solar from $217.00 to $305.00 and gave the company a “buy” rating in a 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 company a “neutral” rating in a research note on Thursday, November 13th. Finally, Raymond James Financial began coverage on First Solar in a report on Monday, January 12th. They set a “market perform” rating for the company.

More First Solar News

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

• Positive Sentiment: Susquehanna raised its price target to $292 and kept a “positive” rating — a bullish signal implying meaningful upside from current levels. Susquehanna raises PT to $292
• Positive Sentiment: Royal Bank of Canada boosted its price target to $258, another analyst lift that supports investor confidence. RBC boosts PT to $258
• Positive Sentiment: U.S. Patent Office backing TOPCon-related protections for First Solar strengthens the company’s IP position and could improve long‑term valuation vs. competitors. Patent office backs TOPCon protections
• Positive Sentiment: Prominent market commentators (e.g., Josh Brown) are highlighting First Solar as a top pick, which can attract flows from discretionary investors. Josh Brown spotlights First Solar
• Positive Sentiment: Positive industry narratives (coverage on Saudi Arabia’s big solar push) are increasing interest in leading solar names, benefiting First Solar as a market share/technology leader. Saudi Arabia solar coverage
• Neutral Sentiment: Brokerages still show overall favorable positioning — consensus rated “Moderate Buy” — which is supportive but not unequivocally bullish. Consensus “Moderate Buy”
• Neutral Sentiment: First Solar is seeing heavy investor search/attention, which can amplify moves in either direction depending on follow‑through news. Investors heavily search FSLR
• Neutral Sentiment: Bank of America trimmed its price target to $271 but maintained a “buy” — a modest downgrade in upside expectations rather than a sell signal. BofA lowers PT to $271, keeps buy
• Negative Sentiment: Short‑term underperformance vs. peers and a recent session where the stock declined have raised near‑term caution among momentum traders. Underperforms competitors
• Negative Sentiment: Multiple legal actions and investor investigations (Pomerantz alert, potential class action filings) increase regulatory and litigation risk, a clear negative for sentiment and potential future costs. Pomerantz investor alert Class action report
• Negative Sentiment: Recent sell ratings and a new published “sell” note add downward pressure and can trigger stops or short interest. New sell rating reported

Insiders Place Their Bets

In other news, insider Georges Antoun sold 37,412 shares of the business’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $265.01, for a total transaction of $9,914,554.12. Following the completion of the sale, the insider owned 15,424 shares in the company, valued at approximately $4,087,514.24. The trade was a 70.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael T. Sweeney sold 4,500 shares of the stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $271.11, for a total transaction of $1,219,995.00. Following the sale, the director directly owned 13,662 shares of the company’s stock, valued at approximately $3,703,904.82. This trade represents a 24.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 48,912 shares of company stock worth $12,971,349 over the last three months. 0.48% of the stock is owned by insiders.

Institutional Investors Weigh In On First Solar

Several institutional investors have recently bought and sold shares of the business. Linden Thomas Advisory Services LLC raised its stake in shares of First Solar by 1.7% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock valued at $504,000 after acquiring an additional 39 shares during the period. Apollon Wealth Management LLC increased its holdings in First Solar by 1.2% in the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after purchasing an additional 44 shares in the last quarter. Signaturefd LLC raised its position in First Solar by 2.6% in the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after purchasing an additional 47 shares during the period. Figure 8 Investment Strategies LLC lifted its stake in shares of First Solar by 0.6% during the third quarter. Figure 8 Investment Strategies LLC now owns 8,116 shares of the solar cell manufacturer’s stock worth $1,790,000 after purchasing an additional 48 shares in the last quarter. Finally, Cromwell Holdings LLC lifted its stake in shares of First Solar by 15.8% during the fourth quarter. Cromwell Holdings LLC now owns 367 shares of the solar cell manufacturer’s stock worth $96,000 after purchasing an additional 50 shares in the last quarter. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $242.15 on Friday. The company has a market cap of $25.99 billion, a P/E ratio of 18.60, a P/E/G ratio of 0.31 and a beta of 1.60. The company has a quick ratio of 1.55, a current ratio of 1.91 and a debt-to-equity ratio of 0.03. First Solar has a 52 week low of $116.56 and a 52 week high of $285.99. The business has a fifty day simple moving average of $257.26 and a 200-day simple moving average of $227.85.

First Solar (NASDAQ:FSLR) last released its earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.08). First Solar had a return on equity of 16.61% and a net margin of 27.73%.The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.56 billion. During the same quarter last year, the company posted $2.91 earnings per share. The business’s quarterly revenue was up 79.7% compared to the same quarter last year. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS. Equities research analysts forecast that First Solar will post 13.05 EPS for the current year.

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.