First Solar (NASDAQ:FSLR) Stock Rating Lowered by Zacks Research

First Solar (NASDAQ:FSLR) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other brokerages have also issued reports on FSLR. DZ Bank raised First Solar to a “strong sell” rating in a research report on Thursday, February 26th. Glj Research lowered First Solar from a “buy” rating to a “hold” rating and dropped their price target for the stock from $314.43 to $207.82 in a research note on Wednesday, March 4th. Bank of America cut their price objective on shares of First Solar from $291.00 to $271.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Wells Fargo & Company decreased their price objective on shares of First Solar from $285.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, February 26th. Finally, Wall Street Zen cut shares of First Solar from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Twenty equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned 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 $248.17.

First Solar Price Performance

NASDAQ FSLR opened at $197.81 on Monday. The firm’s fifty day simple moving average is $223.56 and its two-hundred day simple moving average is $236.24. The firm has a market capitalization of $21.23 billion, a P/E ratio of 13.92, a P/E/G ratio of 0.35 and a beta of 1.65. The company has a current ratio of 2.67, a quick ratio of 2.35 and a debt-to-equity ratio of 0.03. First Solar has a 12-month low of $116.56 and a 12-month high of $285.99.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Tuesday, February 24th. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38). The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.59 billion. First Solar had a net margin of 29.28% and a return on equity of 17.32%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.65 EPS. Analysts forecast that First Solar will post 13.05 EPS for the current fiscal year.

Insider Activity

In related news, CEO Mark R. Widmar sold 1,937 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $200.80, for a total value of $388,949.60. Following the sale, the chief executive officer owned 102,798 shares in the company, valued at $20,641,838.40. This represents a 1.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Jason E. Dymbort sold 9,022 shares of the firm’s stock in a transaction that occurred on Tuesday, March 17th. The stock was sold at an average price of $199.62, for a total transaction of $1,800,971.64. Following the transaction, the general counsel directly owned 9,850 shares of the company’s stock, valued at $1,966,257. This represents a 47.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 75,989 shares of company stock valued at $14,921,902. 0.48% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FSLR. Aventura Private Wealth LLC acquired a new position in First Solar during the fourth quarter valued at $25,000. Reflection Asset Management acquired a new stake in First Solar during the 4th quarter worth about $26,000. Commonwealth Retirement Investments LLC purchased a new position in shares of First Solar during the 4th quarter valued at about $26,000. Larson Financial Group LLC lifted its holdings in shares of First Solar by 117.0% in the 4th quarter. Larson Financial Group LLC now owns 102 shares of the solar cell manufacturer’s stock valued at $27,000 after buying an additional 55 shares during the period. Finally, Elyxium Wealth LLC acquired a new position in shares of First Solar in the 4th quarter valued at about $30,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Key Stories Impacting First Solar

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

• Positive Sentiment: Guggenheim kept a Buy rating and trimmed its price target to $269 (from $312) — still implying sizable upside and signaling institutional conviction despite the cut. Guggenheim price target update
• Positive Sentiment: Polen Capital highlighted First Solar’s CdTe technology and favorable policy momentum (“One Big Beautiful Bill”), reinforcing the company’s competitive positioning in utility-scale solar. Polen Capital investor letter
• Positive Sentiment: Several media/analyst pieces continue to label FSLR undervalued on forward P/E metrics, which can attract value-focused buyers and support mean‑reversion. Undervalued renewable energy roundup
• Neutral Sentiment: Evercore ISI lowered its price target to $212 (from $241) but retained an In‑Line rating — a recalibration rather than a downgrade that may temper upside expectations. Evercore ISI price target cut
• Neutral Sentiment: Small, routine insider sales were reported (e.g., CAO Nathan Theurer sold 96 shares); such filings are common and often reflect personal liquidity rather than a signal on fundamentals. InsiderTrades CAO sale
• Negative Sentiment: Concentrated executive selling: multiple senior officers — notably the CFO (large 14,106‑share sale), General Counsel and CEO — disclosed significant reductions in positions. Clustered large sales from top executives are amplifying negative sentiment and raising investor questions. CFO Form 4
• Negative Sentiment: Pomerantz LLP issued an investor alert announcing an investigation into First Solar, introducing legal risk and potential headline‑driven volatility that investors should monitor closely. Pomerantz investor alert

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.