First Solar, Inc. $FSLR Shares Purchased by Clean Energy Transition LLP

Clean Energy Transition LLP boosted its position in shares of First Solar, Inc. (NASDAQ:FSLR) by 48.2% during the third quarter, Holdings Channel.com reports. The firm owned 1,117,228 shares of the solar cell manufacturer’s stock after buying an additional 363,274 shares during the quarter. First Solar makes up approximately 18.1% of Clean Energy Transition LLP’s portfolio, making the stock its biggest position. Clean Energy Transition LLP’s holdings in First Solar were worth $246,382,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Norges Bank purchased a new stake in shares of First Solar during the 2nd quarter valued at approximately $212,621,000. Viking Global Investors LP increased its stake in First Solar by 60.6% during the second quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock worth $375,122,000 after acquiring an additional 854,919 shares during the last quarter. Vanguard Group Inc. increased its stake in First Solar by 3.5% during the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock worth $3,026,108,000 after acquiring an additional 464,130 shares during the last quarter. Atreides Management LP acquired a new position in shares of First Solar in the 2nd quarter valued at $65,134,000. Finally, Tredje AP fonden grew its holdings in shares of First Solar by 260.0% during the 3rd quarter. Tredje AP fonden now owns 464,827 shares of the solar cell manufacturer’s stock worth $102,508,000 after purchasing an additional 335,698 shares during the period. Hedge funds and other institutional investors own 92.08% of the company’s stock.

First Solar Trading Down 1.4%

Shares of FSLR stock opened at $197.20 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.55 and a current ratio of 2.67. The stock has a market capitalization of $21.16 billion, a P/E ratio of 13.88, a price-to-earnings-growth ratio of 0.27 and a beta of 1.60. The company has a 50 day moving average price of $241.94 and a 200 day moving average price of $236.34. First Solar, Inc. has a fifty-two week low of $116.56 and a fifty-two week high of $285.99.

First Solar (NASDAQ:FSLR) last released its earnings results on Tuesday, February 24th. The solar cell manufacturer reported $4.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.22 by ($0.38). First Solar had a return on equity of 17.32% and a net margin of 29.28%.The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the company earned $3.65 earnings per share. First Solar’s quarterly revenue was up 11.1% compared to the same quarter last year. Equities research analysts predict that First Solar, Inc. will post 13.05 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Wall Street Zen lowered shares of First Solar from a “buy” rating to a “hold” rating in a report on Saturday. UBS Group dropped their price target on shares of First Solar from $330.00 to $300.00 and set a “buy” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. decreased their price objective on shares of First Solar from $303.00 to $256.00 and set an “overweight” rating on the stock in a report on Wednesday. Deutsche Bank Aktiengesellschaft cut shares of First Solar from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $300.00 to $245.00 in a research report on Wednesday. Finally, Wells Fargo & Company cut their target price on First Solar from $285.00 to $255.00 and set an “overweight” rating on the stock in a research report on Thursday. Twenty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.91.

First Solar News Summary

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 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.