First Solar (NASDAQ:FSLR) Given New $271.00 Price Target at Mizuho

First Solar (NASDAQ:FSLR) had its price target trimmed by Mizuho from $326.00 to $271.00 in a research report report published on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the solar cell manufacturer’s stock.

Several other research firms have also issued reports on FSLR. Barclays reaffirmed an “overweight” rating and issued a $279.00 price objective on shares of First Solar in a research note on Monday, November 3rd. Wolfe Research boosted their price target on First Solar from $232.00 to $247.00 in a research report on Friday, October 31st. UBS Group increased their price objective on First Solar from $275.00 to $330.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Susquehanna cut their price objective on First Solar from $292.00 to $280.00 and set a “positive” rating on the stock in a research note on Wednesday. Finally, Raymond James Financial started coverage on First Solar in a research report on Monday, January 12th. They set a “market perform” rating for the company. Twenty-one analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and an average target price of $263.19.

First Solar Stock Down 13.6%

Shares of First Solar stock opened at $210.12 on Wednesday. The firm has a market cap of $22.55 billion, a price-to-earnings ratio of 14.79, 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 current ratio of 1.91 and a quick ratio of 1.55. First Solar has a 52-week low of $116.56 and a 52-week high of $285.99. The stock has a 50-day simple moving average of $244.57 and a 200-day simple moving average of $236.13.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $1.59 billion. First Solar had a return on equity of 17.81% and a net margin of 29.28%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.65 EPS. On average, equities research analysts expect that First Solar will post 13.05 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in shares of First Solar by 3.5% in the third quarter. Vanguard Group Inc. now owns 13,721,979 shares of the solar cell manufacturer’s stock valued at $3,026,108,000 after acquiring an additional 464,130 shares during the period. State Street Corp increased its position in First Solar by 2.1% during the second quarter. State Street Corp now owns 5,326,082 shares of the solar cell manufacturer’s stock worth $881,680,000 after acquiring an additional 111,927 shares during the period. Geode Capital Management LLC raised its stake in First Solar by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 2,919,991 shares of the solar cell manufacturer’s stock valued at $761,396,000 after purchasing an additional 24,206 shares during the last quarter. Viking Global Investors LP raised its stake in First Solar by 60.6% during the 2nd 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. Finally, Amundi boosted its holdings in First Solar by 9.4% in the 4th quarter. Amundi now owns 2,215,461 shares of the solar cell manufacturer’s stock valued at $578,791,000 after purchasing an additional 189,626 shares during the period. 92.08% of the stock is owned by institutional investors.

First Solar News Roundup

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

• Positive Sentiment: Q4 results showed record 2025 revenue and profit and a revenue beat versus consensus, supporting longer‑term fundamentals. First Solar Sees Record 2025 Profit
• Positive Sentiment: First Solar signed a patent‑licensing deal with Oxford PV for U.S. markets, which could strengthen future technology/cost positioning. Patent Licensing Agreement
• Positive Sentiment: Several sell‑side firms retained Buy/Outperform stances (UBS, TD Cowen, Needham) despite cutting price targets — signaling some analysts still expect medium‑term upside. Analyst Notes
• Neutral Sentiment: Short‑term technicals produced a “power inflow” trading signal that briefly lifted the shares during intraday action. Trading Signal Article
• Negative Sentiment: The company guided FY‑2026 net sales to roughly $4.9B–$5.2B, well below Wall Street’s ~$6.2B consensus — the primary catalyst for heavy selling. Guidance / Reuters
• Negative Sentiment: Q4 EPS missed estimates (reported $4.84 vs. ~$5.22 expected), amplifying concerns about near‑term profitability. Earnings Miss
• Negative Sentiment: Rising tariff/policy uncertainty (U.S. preliminary duties on imports and management commentary on tariff impacts) is clouding demand visibility and margin assumptions. Tariff/Policy News
• Negative Sentiment: Multiple banks trimmed price targets and at least one firm (Baird) cut its rating/target, increasing near‑term selling pressure and analyst uncertainty. Analyst PT Changes

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.