First Solar, Inc. (NASDAQ:FSLR – Get Free Report) insider Michael Koralewski sold 1,330 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $195.93, for a total transaction of $260,586.90. Following the transaction, the insider owned 12,865 shares in the company, valued at $2,520,639.45. The trade was a 9.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
First Solar Trading Down 1.2%
Shares of FSLR opened at $197.53 on Wednesday. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99. The firm has a market cap of $21.20 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 0.30 and a beta of 1.65. The firm has a 50 day moving average price of $238.81 and a 200-day moving average price of $236.83. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.35 and a current ratio of 2.67.
First Solar (NASDAQ:FSLR – Get Free Report) last released its 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). The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. First Solar’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.65 EPS. As a group, equities research analysts forecast that First Solar, Inc. will post 13.05 earnings per share for the current year.
First Solar News Summary
- Positive Sentiment: Argus cut its price target from $300 to $250 but kept a “buy” rating, implying meaningful upside remains versus current levels. Argus adjusts price target
- Neutral Sentiment: Morgan Stanley trimmed its target to $230 (still “overweight”), reflecting a more cautious recovery outlook but continued buy-side view. Morgan Stanley cuts price target
- Neutral Sentiment: Barclays also lowered its target to $228 while maintaining an “overweight” rating — another signal that analysts expect upside but see nearer-term headwinds. Barclays lowers price target
- Neutral Sentiment: Reported short-interest updates show zero/NaN values in published feeds (likely a data-error); nothing reliable to indicate a true surge in short activity. Investors should treat those figures with caution.
- Negative Sentiment: Coverage highlights FSLR’s Q4 earnings miss and weak 2026 sales guidance as the proximate cause of the selloff; the stock plunged after those results. ETFs in Focus post earnings miss
- Negative Sentiment: A Pomerantz LLP investor‑alert says it is investigating claims on behalf of First Solar investors, introducing legal and reputational risk that can weigh on the stock. Pomerantz investor alert
- Negative Sentiment: Critical commentary points to structural risks (e.g., subsidy dependence, margin pressures) and a “two‑billion dollar” vulnerability that could amplify downside if market conditions or policy support weaken. First Solar’s $2 billion problem
- Neutral Sentiment: MarketWatch noted the stock underperformed peers despite recent intraday gains — a reminder that sector rotation and earnings surprises are driving relative moves. MarketWatch note
Institutional Trading of First Solar
A number of hedge funds have recently made changes to their positions in FSLR. SFE Investment Counsel grew its holdings in shares of First Solar by 9.1% during the second quarter. SFE Investment Counsel now owns 69,810 shares of the solar cell manufacturer’s stock valued at $11,556,000 after buying an additional 5,852 shares during the last quarter. Joule Financial LLC bought a new position in First Solar in the 3rd quarter valued at approximately $950,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of First Solar by 22.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 77,155 shares of the solar cell manufacturer’s stock worth $17,015,000 after purchasing an additional 13,904 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of First Solar in the second quarter worth $1,323,000. Finally, Belpointe Asset Management LLC purchased a new position in First Solar in the 3rd quarter worth about $1,193,000. 92.08% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft cut First Solar from a “buy” rating to a “hold” rating and dropped their target price for the company from $300.00 to $245.00 in a report on Wednesday, February 25th. Morgan Stanley lowered their price objective on First Solar from $275.00 to $230.00 and set an “overweight” rating for the company in a research report on Monday. HSBC reissued a “hold” rating and set a $211.00 price objective (down from $280.00) on shares of First Solar in a research note on Wednesday, February 25th. Bank of America dropped their price objective on First Solar from $291.00 to $271.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. Finally, Wells Fargo & Company cut their price objective on First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research report on Thursday, February 26th. Twenty-one investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.33.
Check Out Our Latest Analysis on FSLR
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.
Featured Articles
- Five stocks we like better than First Solar
- New Copper-Rich “Kraken” Zone Discovered
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
- Silver’s squeeze is tightening – opportunity forming
Receive News & Ratings for First Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Solar and related companies with MarketBeat.com's FREE daily email newsletter.
