Royal Bank Of Canada Boosts First Solar (NASDAQ:FSLR) Price Target to $258.00

First Solar (NASDAQ:FSLR) had its price target boosted by Royal Bank Of Canada from $244.00 to $258.00 in a research report issued on Tuesday, Marketbeat Ratings reports. The firm currently has an “outperform” rating on the solar cell manufacturer’s stock. Royal Bank Of Canada’s target price suggests a potential upside of 5.86% from the stock’s previous close.

Other analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $300.00 price target on shares of First Solar in a research note on Wednesday, January 7th. The Goldman Sachs Group restated a “buy” rating and set a $316.00 price objective on shares of First Solar in a report on Friday, October 31st. TD Cowen increased their target price on shares of First Solar from $260.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Guggenheim lifted their price target on shares of First Solar from $289.00 to $312.00 and gave the stock a “buy” rating in a research report on Thursday, January 8th. Finally, Bank of America upped their price objective on shares of First Solar from $255.00 to $291.00 and gave the company a “buy” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, First Solar currently has a consensus rating of “Moderate Buy” and a consensus price target of $277.24.

First Solar Price Performance

FSLR opened at $243.72 on Tuesday. The company has a fifty day moving average price of $257.82 and a two-hundred day moving average price of $226.45. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 1.91. First Solar has a 52 week low of $116.56 and a 52 week high of $285.99. The firm has a market capitalization of $26.15 billion, a PE ratio of 18.72, a P/E/G ratio of 0.30 and a beta of 1.60.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.08). First Solar had a net margin of 27.73% and a return on equity of 16.61%. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period last year, the company earned $2.91 EPS. The business’s revenue for the quarter 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. As a group, analysts anticipate that First Solar will post 13.05 earnings per share for the current year.

Insider Buying and Selling

In other First Solar news, Director Michael T. Sweeney sold 4,500 shares of First Solar stock in a transaction dated Thursday, November 6th. The stock was sold at an average price of $271.11, for a total value of $1,219,995.00. Following the sale, the director owned 13,662 shares of the company’s stock, valued at $3,703,904.82. This trade represents a 24.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Paul H. Stebbins sold 7,000 shares of the business’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $262.40, for a total value of $1,836,800.00. Following the completion of the sale, the director owned 15,287 shares in the company, valued at approximately $4,011,308.80. This trade represents a 31.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,912 shares of company stock worth $12,971,349 over the last ninety days. Company insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FSLR. Linden Thomas Advisory Services LLC boosted its position in First Solar by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after acquiring an additional 39 shares during the last quarter. Signaturefd LLC lifted its position in shares of First Solar by 2.6% in the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock worth $414,000 after purchasing an additional 47 shares in the last quarter. Figure 8 Investment Strategies LLC lifted its position in shares of First Solar by 0.6% in 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. Cromwell Holdings LLC boosted its holdings in 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 during the last quarter. Finally, Rathbones Group PLC grew its position in First Solar by 1.0% in the third quarter. Rathbones Group PLC now owns 4,930 shares of the solar cell manufacturer’s stock valued at $1,087,000 after purchasing an additional 51 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors.

More First Solar News

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

• Positive Sentiment: USPTO denied multiple inter partes review petitions that sought to invalidate First Solar’s TOPCon patents, preserving key intellectual property and reducing competitive risk for its cell technology. Article Title
• Positive Sentiment: RBC Capital Markets raised its price target on FSLR from $244 to $258 and reiterated an outperform rating, providing dealer-led validation of the stock’s earnings and growth outlook. Article Title
• Neutral Sentiment: Analyst and media previews expect a strong Q4 (analysts forecast double‑digit EPS growth), which could support upside if First Solar meets or beats estimates; conversely, any guidance shortfall could trigger a pullback. Article Title
• Neutral Sentiment: Lithium Australia’s Livium completed a phase of shipments involving First Solar panels to South Korea as part of a silver‑recovery/recycling push — a small but positive signal of downstream demand and recycling interest that could modestly bolster component demand or reputational benefits. Article Title
• Negative Sentiment: Some outlets reported short‑term selling or cautious headlines around patent-related news (headline framed as “Falter on Patent News”), which can amplify intraday volatility despite the USPTO rulings; media-driven sentiment swings could pressure the stock if momentum traders react. Article Title

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.