First Solar (NASDAQ:FSLR) Given New $230.00 Price Target at Barclays

Posted by Geri Gentry on Nov 2nd, 2026

First Solar (NASDAQ:FSLR – Get Free Report) had its price objective dropped by analysts at Barclays from $259.00 to $230.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage currently has an “overweight” rating on the solar cell manufacturer’s stock. Barclays‘s price objective points to a potential upside of 26.34% from the company’s previous close.

A number of other research firms have also weighed in on FSLR. Piper Sandler dropped their price target on shares of First Solar from $260.00 to $251.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 30th. Guggenheim reduced their price objective on shares of First Solar from $299.00 to $297.00 and set a “buy” rating for the company in a research report on Monday. Raymond James Financial started coverage on shares of First Solar in a research note on Thursday, August 27th. They issued a “market perform” rating for the company. Truist Financial raised shares of First Solar from a “hold” rating to a “buy” rating and lifted their target price for the stock from $229.00 to $270.00 in a research report on Monday, October 12th. Finally, Deutsche Bank Aktiengesellschaft downgraded First Solar from a “buy” rating to a “hold” rating in a research note on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, First Solar currently has an average rating of “Moderate Buy” and a consensus price target of $257.38.

View Our Latest Analysis on FSLR

First Solar Stock Up 4.4%

NASDAQ:FSLR traded up $7.65 during trading hours on Monday, hitting $182.05. 3,304,556 shares of the company traded hands, compared to its average volume of 2,353,969. The firm’s 50-day simple moving average is $188.72 and its 200-day simple moving average is $216.19. First Solar has a one year low of $165.86 and a one year high of $320.95. The company has a market cap of $19.57 billion, a PE ratio of 10.54, a PEG ratio of 0.47 and a beta of 1.73.

First Solar (NASDAQ:FSLR – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The solar cell manufacturer reported $5.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.67 by $0.63. First Solar had a net margin of 37.12% and a return on equity of 18.33%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the previous year, the firm earned $4.24 EPS. The business’s revenue for the quarter was down 22.8% compared to the same quarter last year. As a group, equities research analysts expect that First Solar will post 17.64 EPS for the current year.

Insider Buying and Selling

In other First Solar news, General Counsel Jason E. Dymbort sold 3,700 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $249.38, for a total value of $922,706.00. Following the completion of the sale, the general counsel directly owned 5,624 shares of the company’s stock, valued at $1,402,513.12. This trade represents a 39.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $222.95, for a total value of $28,314.65. Following the completion of the sale, the executive vice president owned 2,018 shares in the company, valued at approximately $449,913.10. The trade was a 5.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 6,256 shares of company stock valued at $1,455,813. 0.39% of the stock is owned by company insiders.

Institutional Investors Weigh In On First Solar

Several institutional investors have recently added to or reduced their stakes in the business. Toth Financial Advisory Corp purchased a new position in shares of First Solar in the third quarter worth about $32,000. Clearstead Trust LLC bought a new stake in shares of First Solar in the second quarter valued at approximately $34,000. Vega Investment Solutions purchased a new stake in shares of First Solar during the 2nd quarter valued at approximately $40,000. Rakuten Securities Inc. purchased a new stake in shares of First Solar during the 2nd quarter valued at approximately $44,000. Finally, Allied Private Wealth LLC bought a new position in First Solar in the 2nd quarter worth approximately $45,000. 92.08% of the stock is owned by hedge funds and other institutional investors.

Key First Solar News

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

Positive Sentiment: First Solar authorized a share-repurchase program of up to $500 million, which could support earnings per share and signal management’s confidence in the company’s long-term value. The company also added 1.4 gigawatts of U.S. gross bookings at $0.36 per watt. First Solar: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: FSLR participated in a broader solar-sector recovery after steep earnings-driven declines among residential solar companies. The rebound improved sentiment toward solar stocks and helped lift First Solar alongside Enphase Energy and Sunrun. Solar Stocks Rebound; First Solar Climbs
Neutral Sentiment: BNP Paribas Exane began research coverage on First Solar, potentially increasing institutional attention, although the initial rating and target were not provided. First Solar Research Coverage Started at BNP Paribas Exane
Negative Sentiment: Multiple firms reduced their FSLR price targets. Barclays cut its target to $230 from $259, while Robert W. Baird lowered its target to $266 from $290 and Guggenheim reduced its target to $297 from $299. Despite the cuts, Baird maintained an “outperform” rating and Guggenheim retained a “buy” rating. Barclays Adjusts Price Target on First Solar
Negative Sentiment: Third-quarter revenue fell 22.8% year over year to $1.23 billion and missed estimates, while full-year revenue guidance was below Wall Street expectations. Stronger-than-expected adjusted EPS and pricing strength provided some offset, but bookings growth and policy uncertainty remain concerns. FSLR Q3 Deep Dive

First Solar Company Profile

(Get Free Report)

First Solar, Inc is a vertically integrated solar technology and manufacturing company that designs, manufactures and sells photovoltaic (PV) solar modules. Its modules use advanced thin-film semiconductor technology based on cadmium telluride (CdTe), rather than the crystalline-silicon technology used by most solar manufacturers. The company serves utility-scale solar developers, commercial and industrial customers, and other large-scale energy users.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar operates research and development, manufacturing and recycling facilities in the United States and internationally.