First Solar (NASDAQ:FSLR) Given New $236.00 Price Target at Royal Bank Of Canada

First Solar (NASDAQ:FSLRGet Free Report) had its price objective decreased by Royal Bank Of Canada from $258.00 to $236.00 in a research report issued on Wednesday,MarketScreener reports. The firm presently has an “outperform” rating on the solar cell manufacturer’s stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 2.96% from the company’s previous close.

Other equities research analysts also recently issued research reports about the stock. BMO Capital Markets set a $263.00 target price on shares of First Solar in a research note on Thursday, January 29th. Wolfe Research boosted their price target on shares of First Solar from $232.00 to $247.00 in a research report on Friday, October 31st. DZ Bank cut shares of First Solar from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. lifted their target price on shares of First Solar from $278.00 to $303.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Finally, Raymond James Financial initiated coverage on First Solar in a report on Monday, January 12th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $270.31.

Check Out Our Latest Research Report on First Solar

First Solar Trading Up 0.4%

FSLR stock opened at $243.21 on Wednesday. First Solar has a 1-year low of $116.56 and a 1-year high of $285.99. The company has a current ratio of 1.91, a quick ratio of 1.55 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average is $245.45 and its 200-day moving average is $236.31. The firm has a market cap of $26.10 billion, a P/E ratio of 18.68, a P/E/G ratio of 0.31 and a beta of 1.60.

First Solar (NASDAQ:FSLRGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the firm earned $3.65 EPS. First Solar’s quarterly revenue was up 11.1% compared to the same quarter last year. Equities analysts anticipate that First Solar will post 13.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On First Solar

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Aventura Private Wealth LLC bought a new position in shares of First Solar in the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC acquired a new stake in First Solar during the 4th quarter worth approximately $26,000. Strategic Wealth Investment Group LLC bought a new stake in First Solar in the 2nd quarter valued at $26,000. Larson Financial Group LLC grew its holdings in First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in shares of First Solar by 69.4% during the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock worth $30,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar News Summary

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

  • Positive Sentiment: Needham raised its price target to $303 and kept a buy rating, signaling continued bullish conviction from some analysts despite recent weakness. Needham raises PT
  • Positive Sentiment: First Solar signed a patent licensing agreement with Oxford PV for U.S. markets, strengthening its technology/IP access and potential product roadmap. Patent licensing with Oxford PV
  • Positive Sentiment: U.S. preliminary duties on solar imports from India, Indonesia and Laos could indirectly benefit domestic module manufacturers like First Solar by protecting U.S. pricing and market share. U.S. tariff decision
  • Neutral Sentiment: Q4 results were mixed: revenue of $1.68B beat Street estimates (up ~11% YoY), but EPS of $4.84 missed consensus — the top‑line strength helps the growth story while the EPS miss raises short‑term execution questions. Q4 results summary
  • Negative Sentiment: The company issued 2026 revenue guidance ($4.9B–$5.2B midpoint) materially below analyst consensus (~$6.2B), citing pricing pressure and tariff-related dynamics; that guidance triggered a large after‑hours/premarket selloff and is the primary driver of recent downward pressure. Downbeat 2026 guidance / Reuters
  • Negative Sentiment: Several outlets and analysts flagged the earnings/guidance miss; some firms trimmed price targets or reiterated neutral stances (e.g., Robert W. Baird kept neutral and cut its PT), increasing near‑term downside risk from analyst revisions. Analyst actions and coverage

About First Solar

(Get Free Report)

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.

Further Reading

Analyst Recommendations for First Solar (NASDAQ:FSLR)

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