First Solar, Inc. (FSLR) Price Target Cut as Analysts Update Forecasts

First Solar, Inc. (NASDAQ:FSLR) is among the 10 Best Affordable Stocks to Invest In for the Long Term.

On March 2, Barclays analyst Christine Cho lowered the firm’s price target on First Solar, Inc. (NASDAQ:FSLR) to $228 from $279 while maintaining an Overweight rating on the shares, reflecting updated valuation assumptions despite continued confidence in the company’s long-term positioning.

Similarly, on February 26, Freedom Capital downgraded First Solar, Inc. (NASDAQ:FSLR) to Hold from Buy with a price target of $250, reduced from $310, following fourth-quarter results that fell short of expectations and the issuance of comparatively weak 2026 guidance. The firm highlighted elevated uncertainty within the utility-scale solar market.

On February 24, First Solar, Inc. (NASDAQ:FSLR) reported fourth-quarter and full-year 2025 results, including record module sales of 17.5 gigawatts for the year and net sales of $5.2 billion, representing 24% year-over-year growth. Full-year diluted EPS increased to $14.21 from $12.20 in 2024, while fourth-quarter EPS rose sequentially to $4.84 from $4.24. For 2026, management guided net sales of $4.9 billion to $5.2 billion and adjusted EBITDA of $2.6 billion to $2.8 billion, with expected gross margins of approximately 49.5%, inclusive of Section 45X credits totaling an estimated $2.1 billion to $2.19 billion. Despite near-term demand variability, the company’s strong margin profile and policy-related incentives provide a foundation for continued profitability.

First Solar, Inc. (NASDAQ:FSLR) was founded in 1990 as Solar Cells, Inc. The company is headquartered in the United States and operates as a leading manufacturer of solar panels. First Solar specializes in rigid thin-film photovoltaic modules and produces cadmium telluride (CdTe) panels utilizing proprietary semiconductor technology.

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Disclosure: None.