Susquehanna Issues Positive Forecast for First Solar (NASDAQ:FSLR) Stock Price

First Solar (NASDAQ:FSLR) had its price target hoisted by Susquehanna from $250.00 to $270.00 in a research report report published on Friday morning, MarketBeat Ratings reports. Susquehanna currently has a positive rating on the solar cell manufacturer’s stock.

FSLR has been the subject of a number of other reports. Citigroup reduced their price objective on shares of First Solar from $300.00 to $243.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. HSBC raised their target price on shares of First Solar from $211.00 to $231.00 and gave the company a “hold” rating in a research note on Tuesday, May 5th. Freedom Capital upgraded shares of First Solar from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 5th. BMO Capital Markets cut their target price on shares of First Solar from $252.00 to $237.00 and set a “market perform” rating for the company in a research report on Monday, April 20th. Finally, Sanford C. Bernstein restated an “underperform” rating on shares of First Solar in a report on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.31.

First Solar Stock Down 0.3%

Shares of FSLR traded down $0.67 during trading hours on Friday, hitting $227.83. 1,337,585 shares of the company were exchanged, compared to its average volume of 1,725,917. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.15 and a current ratio of 2.56. The company has a market cap of $24.48 billion, a PE ratio of 14.72, a PEG ratio of 0.51 and a beta of 1.73. The firm’s 50 day moving average is $250.91 and its 200-day moving average is $230.97. First Solar has a 52 week low of $159.85 and a 52 week high of $320.95.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Thursday, April 30th. The solar cell manufacturer reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period last year, the business earned $1.95 EPS. The firm’s revenue was up 23.6% compared to the same quarter last year. On average, equities research analysts forecast that First Solar will post 17.6 EPS for the current fiscal year.

Insider Buying and Selling at First Solar

In related news, insider Caroline Stockdale sold 10,628 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $275.60, for a total transaction of $2,929,076.80. Following the transaction, the insider owned 23,792 shares of the company’s stock, valued at approximately $6,557,075.20. The trade was a 30.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kuntal Kumar Verma sold 582 shares of the stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $250.00, for a total transaction of $145,500.00. Following the completion of the sale, the insider directly owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. This trade represents a 10.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 32,466 shares of company stock valued at $8,014,105 in the last three months. 0.39% of the stock is owned by insiders.

Institutional Investors Weigh In On First Solar

A number of institutional investors have recently added to or reduced their stakes in FSLR. Apollon Wealth Management LLC raised its holdings in First Solar by 1.2% in the 4th quarter. Apollon Wealth Management LLC now owns 3,606 shares of the solar cell manufacturer’s stock valued at $942,000 after acquiring an additional 44 shares in the last quarter. Root Financial Partners LLC increased its position in shares of First Solar by 18.2% during the fourth quarter. Root Financial Partners LLC now owns 292 shares of the solar cell manufacturer’s stock valued at $76,000 after purchasing an additional 45 shares during the period. Fiduciary Financial Group LLC raised its stake in shares of First Solar by 2.3% in the second quarter. Fiduciary Financial Group LLC now owns 2,026 shares of the solar cell manufacturer’s stock valued at $478,000 after purchasing an additional 45 shares in the last quarter. FIL Ltd raised its stake in shares of First Solar by 6.9% in the fourth quarter. FIL Ltd now owns 708 shares of the solar cell manufacturer’s stock valued at $185,000 after purchasing an additional 46 shares in the last quarter. Finally, Fielder Capital Group LLC lifted its position in First Solar by 4.1% in the fourth quarter. Fielder Capital Group LLC now owns 1,196 shares of the solar cell manufacturer’s stock worth $312,000 after purchasing an additional 47 shares during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

First Solar News Roundup

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

• Positive Sentiment: Susquehanna raised its price target on First Solar to $270 from $250 and maintained a positive rating, signaling continued analyst confidence in the stock’s upside potential. Benzinga report on Susquehanna price target increase
• Neutral Sentiment: Zacks highlighted First Solar as a strong value stock, which may support the longer-term investment case but is unlikely to move the shares on its own. Zacks value stock article
• Negative Sentiment: Multiple law firms issued class-action reminders and lead-plaintiff deadline alerts tied to First Solar, reinforcing legal uncertainty and potential investor concern around the company. Newsfile class action alert
• Negative Sentiment: Recent coverage also tied the stock’s weakness to the earlier steep selloff and reduced 2026 guidance, which continues to hang over sentiment. PR Newswire class action 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.