First Solar (NASDAQ:FSLR) Rating Increased to Strong-Buy at Robert W. Baird

Robert W. Baird upgraded shares of First Solar (NASDAQ:FSLR) from a hold rating to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

A number of other analysts have also recently weighed in on FSLR. Wells Fargo & Company increased their target price on shares of First Solar from $300.00 to $313.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft raised shares of First Solar from a “hold” rating to a “buy” rating and lifted their price target for the company from $245.00 to $272.00 in a report on Monday, July 6th. The Goldman Sachs Group boosted their price objective on shares of First Solar from $300.00 to $310.00 in a research report on Friday, May 1st. Evercore increased their price objective on shares of First Solar from $212.00 to $219.00 in a research note on Monday, May 4th. Finally, UBS Group raised their target price on shares of First Solar from $290.00 to $330.00 and gave the stock a “buy” rating in a report on Thursday, June 11th. Two analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $258.79.

First Solar Trading Up 0.7%

Shares of FSLR opened at $240.91 on Tuesday. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.52 and a beta of 1.75. The stock has a 50 day moving average of $238.32 and a 200-day moving average of $225.09. First Solar has a 52 week low of $176.47 and a 52 week high of $320.95.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%.The business had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $3.18 EPS. The business’s quarterly revenue was down 3.4% on a year-over-year basis. On average, sell-side analysts predict that First Solar will post 17.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Kuntal Kumar Verma sold 582 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $250.00, for a total value of $145,500.00. Following the sale, the insider owned 4,967 shares of the company’s stock, valued at $1,241,750. This trade represents a 10.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael Koralewski sold 7,000 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $221.51, for a total transaction of $1,550,570.00. Following the completion of the sale, the insider directly owned 7,642 shares in the company, valued at approximately $1,692,779.42. This trade represents a 47.81% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 27,279 shares of company stock valued at $6,772,018 in the last three months. 0.39% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FSLR. Commonwealth Retirement Investments LLC acquired a new position in shares of First Solar during the fourth quarter worth approximately $26,000. Reflection Asset Management acquired a new stake in First Solar in the 4th quarter valued at approximately $26,000. Strategic Wealth Investment Group LLC acquired a new stake in First Solar in the 2nd quarter valued at approximately $26,000. Larson Financial Group LLC raised its stake in First Solar by 117.0% during the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after acquiring an additional 55 shares in the last quarter. Finally, Elyxium Wealth LLC bought a new stake in First Solar during the 4th quarter valued at $30,000. Institutional investors own 92.08% of the company’s stock.

Trending Headlines about First Solar

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

• Positive Sentiment: Baird upgraded First Solar to Outperform from Neutral and raised its price target to $318 from $205. Analyst Ben Kallo said a Section 232 tariff decision removes a key overhang and could allow customer bookings to resume. First Solar raised at Baird as Section 232 clears path for bookings
• Positive Sentiment: New U.S. tariffs and minimum-price measures affecting imported polysilicon-related products could improve the competitive position of First Solar’s domestic manufacturing operations. The benefit may emerge gradually as customers adjust purchasing plans. Solar ETFs Back in Focus After New Polysilicon Tariff
• Positive Sentiment: Mizuho recently maintained an Outperform rating while increasing its First Solar price target to $324 from $300, adding to a series of bullish analyst calls. Why Is FSLR Stock Rising Premarket Today?
• Neutral Sentiment: First Solar’s recent quarterly results and large backlog remain supportive, but investors are weighing tariff implementation timing, customer buying behavior and when greater pricing power will translate into earnings.
• Negative Sentiment: Pomerantz announced that a securities class action has been filed against First Solar and certain officers concerning securities purchased between February 26, 2025, and February 24, 2026. The lawsuit alleges violations of federal securities laws; the allegations have not been proven. Pomerantz Announces First Solar Class Action
• Negative Sentiment: Multiple law firms are soliciting investors to seek lead-plaintiff status before the August 24 deadline, keeping potential litigation costs, damages and management distraction in focus. Rosen First Solar Securities Class Action Deadline

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.