First Solar (NASDAQ:FSLR) Given New $300.00 Price Target at The Goldman Sachs Group

First Solar (NASDAQ:FSLR) had its price objective trimmed by The Goldman Sachs Group from $316.00 to $300.00 in a research report released on Wednesday morning,MarketScreener reports. The firm currently has a buy rating on the solar cell manufacturer’s stock.

FSLR has been the topic of a number of other research reports. KeyCorp reiterated an “overweight” rating on shares of First Solar in a report on Friday, October 31st. Raymond James Financial initiated coverage on shares of First Solar in a research note on Monday, January 12th. They issued a “market perform” rating on the stock. BMO Capital Markets set a $263.00 target price on First Solar in a research note on Thursday, January 29th. Rothschild & Co Redburn upped their price objective on shares of First Solar from $150.00 to $260.00 and gave the stock a “neutral” rating in a report on Thursday, November 13th. Finally, Wall Street Zen raised shares of First Solar from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Twenty-one equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $257.91.

First Solar Price Performance

First Solar stock traded down $4.78 during midday trading on Wednesday, reaching $205.34. 1,499,474 shares of the company were exchanged, compared to its average volume of 2,649,550. The firm’s 50-day simple moving average is $244.57 and its 200-day simple moving average is $236.13. First Solar has a 1 year low of $116.56 and a 1 year high of $285.99. The company has a market capitalization of $22.03 billion, a price-to-earnings ratio of 14.57, a P/E/G ratio of 0.31 and a beta of 1.60. 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 (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a return on equity of 17.81% and a net margin of 29.28%.The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.65 earnings per share. On average, analysts anticipate that First Solar will post 13.05 EPS for the current year.

Institutional Investors Weigh In On First Solar

A number of hedge funds have recently bought and sold shares of FSLR. Woodline Partners LP grew its stake in shares of First Solar by 40.7% in the first quarter. Woodline Partners LP now owns 9,044 shares of the solar cell manufacturer’s stock worth $1,143,000 after acquiring an additional 2,615 shares during the last quarter. AlphaQuest LLC raised its position in First Solar by 10.3% in the second quarter. AlphaQuest LLC now owns 1,706 shares of the solar cell manufacturer’s stock worth $282,000 after purchasing an additional 160 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of First Solar by 115.6% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,587 shares of the solar cell manufacturer’s stock worth $1,421,000 after buying an additional 4,605 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of First Solar by 207.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 13,576 shares of the solar cell manufacturer’s stock valued at $2,247,000 after purchasing an additional 9,154 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in First Solar by 10.4% in the second quarter. Envestnet Asset Management Inc. now owns 34,473 shares of the solar cell manufacturer’s stock valued at $5,707,000 after buying an additional 3,238 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: Patent/licensing deal with Oxford PV expands First Solar’s IP access for U.S. markets — could strengthen product roadmap and competitive positioning over time. First Solar, Oxford PV Enter into Patent Licensing Agreement for US Markets
• Positive Sentiment: Despite cuts to price targets, multiple major banks (Goldman, UBS, JPMorgan, TD Cowen, Susquehanna) are still on Buy/Overweight — analyst conviction remains that longer‑term demand and onshoring support upside. Goldman Sachs adjusts First Solar price target to 300
• Neutral Sentiment: Industry comparison coverage (First Solar vs. Enphase) is drawing investor attention to relative capacity ramps and shipment execution — useful for gauging demand momentum but not an immediate driver. First Solar vs. Enphase Energy: Which Solar Stock Shines Now?
• Neutral Sentiment: Short‑term technical commentary flagged a trading signal that briefly lifted the stock — mostly a momentum/technical move rather than fundamental news. First Solar Shares Rise 3% After Key Trading Signal
• Negative Sentiment: Q4 EPS missed estimates and FY‑2026 revenue guidance ($4.9B–$5.2B) came in materially below consensus (~$6.2B), spawning the large sell‑off and signaling near‑term growth headwinds tied to tariffs and project timing. First Solar plunges after downbeat net sales forecast
• Negative Sentiment: Several firms cut price targets or trimmed ratings (HSBC, Baird, RBC, Mizuho, TD Cowen among others) and some flagged “numerous unknowns” around backlog, tariffs and near‑term demand—adding to investor caution. First Solar downgraded at Baird on ‘numerous unknowns’
• Negative Sentiment: Coverage noted substantial insider sales and large institutional rebalancing in recent quarters — investors may view this as additional near‑term selling pressure. First Solar sinks as 2026 revenue outlook disappoints

About First Solar

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.