Analysts Set First Solar, Inc. (NASDAQ:FSLR) PT at $251.37

First Solar, Inc. (NASDAQ:FSLR) has been given an average recommendation of “Moderate Buy” by the thirty-two brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation, eighteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $247.4007.

A number of analysts have issued reports on FSLR shares. Zacks Research raised First Solar from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. TD Cowen reduced their price objective on First Solar from $320.00 to $253.00 and set a “buy” rating on the stock in a research note on Wednesday, February 25th. Royal Bank Of Canada reduced their price objective on First Solar from $258.00 to $236.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 25th. Susquehanna reduced their price objective on First Solar from $280.00 to $250.00 and set a “positive” rating on the stock in a research note on Thursday, April 9th. Finally, Needham & Company LLC lifted their price objective on First Solar from $286.00 to $303.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd.

Insider Transactions at First Solar

In other news, insider Kuntal Kumar Verma sold 3,426 shares of First Solar stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $195.93, for a total value of $671,256.18. Following the completion of the transaction, the insider owned 8,334 shares in the company, valued at approximately $1,632,880.62. The trade was a 29.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Markus Gloeckler sold 3,640 shares of First Solar stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $196.95, for a total value of $716,898.00. Following the completion of the transaction, the chief technology officer owned 8,037 shares of the company’s stock, valued at approximately $1,582,887.15. This trade represents a 31.17% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 97,827 shares of company stock worth $20,006,930. 0.39% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On First Solar

Institutional investors and hedge funds have recently modified their holdings of the stock. Aventura Private Wealth LLC purchased a new position in shares of First Solar in the 4th quarter worth approximately $25,000. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar in the 4th quarter worth approximately $26,000. Reflection Asset Management purchased a new position in shares of First Solar in the 4th quarter worth approximately $26,000. Strategic Wealth Investment Group LLC purchased a new position in First Solar during the 2nd quarter valued at $26,000. Finally, Larson Financial Group LLC boosted its holdings in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Headlines Impacting First Solar

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

• Positive Sentiment: GLJ Research upgraded First Solar to Buy from Hold and raised its price target, giving traders a fresh catalyst and helping fuel the latest jump in shares. First Solar (FSLR) Shares Skyrocket, What You Need To Know
• Positive Sentiment: Investor interest is being boosted by expectations for potential U.S. trade-policy developments, including a possible Section 232 backdrop that could support domestically produced solar modules and improve pricing power for First Solar. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum
• Positive Sentiment: The stock is also benefiting from post-earnings momentum, a breakout to fresh highs, and broader enthusiasm for solar names tied to rising AI data-center electricity demand. Solar Stocks To Watch As AI Drives Energy Demand
• Neutral Sentiment: Multiple recent articles note that First Solar is breaking out and attracting momentum traders, which can amplify moves as investors chase strength. Stock Market Today: Indexes Rise On U.S.-Iran Deal Hopes; Snowflake Surges, First Solar Breaks Out (Live Coverage)
• Neutral Sentiment: Analyst coverage remains supportive overall, with a recent consensus rating of “Moderate Buy,” reinforcing a constructive longer-term view. First Solar, Inc. Receives Consensus Rating of “Moderate Buy” from Analysts
• Negative Sentiment: Despite the rally, insider activity has shown heavy selling over the past six months, which may temper enthusiasm for some investors. First Solar shares jump as investors bet on favorable U.S. trade-policy backdrop and extend post-earnings momentum

First Solar Stock Performance

NASDAQ:FSLR opened at $306.79 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 2.15. First Solar has a 1 year low of $135.50 and a 1 year high of $313.75. The stock’s 50 day simple moving average is $213.45 and its two-hundred day simple moving average is $231.67. The company has a market cap of $32.97 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 0.68 and a beta of 1.57.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same quarter in the previous year, the company posted $1.95 EPS. The company’s revenue was up 23.6% compared to the same quarter last year. As a group, equities analysts anticipate that First Solar will post 17.64 earnings per share for the current fiscal 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.