Susquehanna Cuts First Solar (NASDAQ:FSLR) Price Target to $280.00

First Solar (NASDAQ:FSLR) had its target price trimmed by Susquehanna from $292.00 to $280.00 in a research report report published on Wednesday morning,Benzinga reports. The brokerage currently has a positive rating on the solar cell manufacturer’s stock.

FSLR has been the subject of a number of other reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of First Solar in a report on Monday, December 29th. Seaport Research Partners upped their price objective on First Solar from $217.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Rothschild & Co Redburn lifted their target price on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Guggenheim upped their price target on First Solar from $289.00 to $312.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, Raymond James Financial initiated coverage on shares of First Solar in a research report on Monday, January 12th. They issued a “market perform” rating on the stock. Twenty investment analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $257.91.

First Solar Trading Down 1.4%

FSLR opened at $197.20 on Wednesday. The company has a quick ratio of 1.55, a current ratio of 2.67 and a debt-to-equity ratio of 0.03. First Solar has a 52 week low of $116.56 and a 52 week high of $285.99. The business’s 50 day moving average is $241.94 and its two-hundred day moving average is $235.98. The firm has a market cap of $21.16 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 0.28 and a beta of 1.60.

First Solar (NASDAQ:FSLR) last announced its 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). First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the firm earned $3.65 earnings per share. The business’s revenue was up 11.1% compared to the same quarter last year. On average, research analysts predict that First Solar will post 13.05 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Norges Bank purchased a new position in shares of First Solar in the 4th quarter valued at $392,040,000. Viking Global Investors LP boosted its holdings in First Solar by 60.6% in the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Polar Capital Holdings Plc acquired a new stake in shares of First Solar during the fourth quarter worth approximately $200,109,000. Lightrock Netherlands B.V. grew its holdings in First Solar by 2,663.8% during the 4th quarter. Lightrock Netherlands B.V. now owns 666,307 shares of the solar cell manufacturer’s stock worth $174,059,000 after acquiring an additional 642,199 shares in the last quarter. Finally, Amundi increased its holdings in First Solar by 38.6% in the third quarter. Amundi now owns 2,025,835 shares of the solar cell manufacturer’s stock valued at $459,917,000 after buying an additional 564,032 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting First Solar

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

• Positive Sentiment: U.S. tariffs on Indian solar manufacturers reduce potential low-cost competition for U.S. demand, which could benefit domestic suppliers like First Solar. India Tariff Article
• Positive Sentiment: Some analysts and commentators view the post-earnings pullback as a buying opportunity — a “buy the weakness” thesis highlighting long-term project backlog and subsidy support (45X tax credits) for near-term profitability. Seeking Alpha Buy Thesis
• Positive Sentiment: Coverage noting First Solar’s role in clean-energy gains on the Nasdaq could support positive sentiment among sector-focused investors. Kalkine Media
• Neutral Sentiment: Wells Fargo trimmed its price target (to $255) but kept an overweight stance — a mixed signal that reduces upside expectations while retaining conviction. Wells Fargo/PT Cut
• Neutral Sentiment: Goldman Sachs and JPMorgan also lowered price targets (Goldman to $300, JPM to $256) but maintained buy/overweight ratings, signaling confidence in medium-term fundamentals despite near-term revisions. Goldman/JPM PT Changes
• Neutral Sentiment: Market-wide weakness in the S&P 500 and tech dragged sentiment this week, amplifying pressure on cyclical/clean-energy names including FSLR. S&P 500 Weekly
• Neutral Sentiment: Short-interest data reported is effectively negligible/ambiguous (zero shares reported), so short squeezes are unlikely to be a driver at present.
• Negative Sentiment: Management issued weak sales/guidance for 2026 and disappointing Q1 guidance, which triggered a sharp share decline as investors reassess revenue and backlog trajectory. Weak Guidance
• Negative Sentiment: First Solar reported Q4 EPS below consensus despite revenue beat; margin reliance on tax credits (45X) and tapering backlog raise longer-term risk concerns. Earnings Risks
• Negative Sentiment: Wolfe Research downgraded FSLR from “strong-buy” to “hold,” and other outlets note gap-down trading and steep short-term losses — analyst skepticism is pressuring sentiment. Wolfe Research Downgrade
• Negative Sentiment: Pomerantz law firm opened an investor investigation, introducing potential legal/financial risk and adding to short-term uncertainty. Investor Investigation

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.