First Solar, Inc. (NASDAQ:FSLR) Receives Average Recommendation of “Moderate Buy” from Brokerages

First Solar, Inc. (NASDAQ:FSLR) has been given an average recommendation of “Moderate Buy” by the thirty-four ratings firms that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $256.4076.

A number of brokerages have weighed in on FSLR. Zacks Research raised First Solar from a “strong sell” rating to a “hold” rating in a research report on Monday, April 27th. Truist Financial initiated coverage on shares of First Solar in a research note on Monday. They issued a “hold” rating and a $249.00 price target for the company. Sanford C. Bernstein reissued an “underperform” rating on shares of First Solar in a report on Friday, June 26th. The Goldman Sachs Group increased their price objective on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Finally, Mizuho lifted their target price on shares of First Solar from $243.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, June 12th.

First Solar Stock Down 5.3%

First Solar stock opened at $211.93 on Friday. First Solar has a 12 month low of $167.60 and a 12 month high of $320.95. The stock has a fifty day simple moving average of $251.39 and a two-hundred day simple moving average of $229.14. The company has a current ratio of 2.56, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02. The firm has a market cap of $22.77 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.50 and a beta of 1.73.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the company posted $1.95 earnings per share. The company’s quarterly revenue was up 23.6% on a year-over-year basis. Equities analysts predict that First Solar will post 17.54 EPS for the current fiscal year.

Insider Activity

In related news, insider Kuntal Kumar Verma sold 582 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $250.00, for a total transaction of $145,500.00. Following the completion of the sale, the insider owned 4,967 shares in the company, valued at approximately $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Georges Antoun sold 566 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $215.63, for a total value of $122,046.58. Following the completion of the transaction, the insider directly owned 19,918 shares in the company, valued at approximately $4,294,918.34. This represents a 2.76% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 31,893 shares of company stock worth $7,893,775. Insiders own 0.39% of the company’s stock.

Institutional Investors Weigh In On First Solar

A number of large investors have recently made changes to their positions in FSLR. Aventura Private Wealth LLC purchased a new stake in shares of First Solar during the 4th quarter valued at about $25,000. Commonwealth Retirement Investments LLC bought a new stake in First Solar during the fourth quarter valued at approximately $26,000. Reflection Asset Management bought a new stake in First Solar during the fourth quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC purchased a new stake in First Solar during the second quarter valued at approximately $26,000. Finally, Larson Financial Group LLC increased its holdings in First Solar by 117.0% during the fourth 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 during the last quarter. 92.08% of the stock is currently owned by institutional investors.

First Solar News Roundup

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

• Positive Sentiment: Recent analyst and valuation commentary still points to upside potential, with some estimates implying the stock may be trading below intrinsic value and price targets remaining well above current levels. First Solar (FSLR) Stock Sees Modest Fair Value Lift As Analysts Weigh Tariffs And Tax Credits
• Positive Sentiment: First Solar confirmed it will release second-quarter results on July 30, giving investors a near-term catalyst for updates on demand, margins, and guidance. First Solar, Inc. to Announce Second Quarter 2026 Financial Results on July 30, 2026
• Neutral Sentiment: Some market commentary says the pullback could simply reflect profit-taking after recent strength and renewed attention on the stock’s longer-term valuation. Is First Solar (FSLR) Reasonable After Tariff Hopes And A 31% Gap?
• Negative Sentiment: Multiple class action lawsuits were filed against First Solar, increasing legal risk and keeping pressure on sentiment around tariff and production disclosures. Pomerantz Law Firm Announces the Filing of a Class Action Against First Solar, Inc. and Certain Officers – FSLR
• Negative Sentiment: Investor notices and legal reminders suggest the securities case is still fresh, with a lead plaintiff deadline of August 24 and allegations tied to tariff-related harm. SueWallSt Reminds First Solar, Inc. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of August 24, 2026 – FSLR
• Negative Sentiment: Quiver’s market read says traders are weighing the legal overhang and awaiting results, with insider selling and mixed institutional positioning adding to caution. First Solar Slides as Traders Weigh Legal Overhang and Await Late-July Results

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.