First Solar (NASDAQ:FSLR) Stock Gets Price Target Trim from Guggenheim

Posted by Francis Steltz on Nov 5th, 2026

First Solar (NASDAQ:FSLR – Free Report) had its target price lowered by Guggenheim from $299.00 to $297.00 in a report released on Monday morning,Benzinga reports. Guggenheim currently has a buy rating on the solar cell manufacturer’s stock.

FSLR has been the topic of several other research reports. Truist Financial raised First Solar from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $229.00 to $270.00 in a research report on Monday, October 12th. Jefferies Financial Group reaffirmed a “hold” rating and set a $199.00 target price on shares of First Solar in a research report on Friday, October 16th. Glj Research cut First Solar from a “buy” rating to a “hold” rating and set a $161.00 target price on the stock. in a research note on Friday, October 30th. William Blair set a $248.00 price target on shares of First Solar in a report on Friday, October 30th. Finally, Wells Fargo & Company cut their price target on shares of First Solar from $313.00 to $260.00 and set an “overweight” rating on the stock in a report on Friday, October 30th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $257.38.

Get Our Latest Report on FSLR

First Solar Stock Up 4.6%

Shares of NASDAQ FSLR opened at $194.51 on Monday. First Solar has a twelve month low of $165.86 and a twelve month high of $320.95. The stock’s 50 day moving average price is $187.38 and its 200-day moving average price is $215.40. The company has a market capitalization of $20.91 billion, a PE ratio of 11.26, a PEG ratio of 0.50 and a beta of 1.73.

First Solar (NASDAQ:FSLR – Get Free Report) last released its earnings results on Thursday, October 29th. The solar cell manufacturer reported $5.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.67 by $0.63. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.29 billion. First Solar had a return on equity of 18.33% and a net margin of 37.12%. First Solar’s quarterly revenue was down 22.8% on a year-over-year basis. During the same period in the prior year, the company posted $4.24 earnings per share. As a group, research analysts expect that First Solar will post 17.66 EPS for the current fiscal year.

Insider Buying and Selling

In other First Solar news, General Counsel Jason Dymbort sold 3,700 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $249.38, for a total transaction of $922,706.00. Following the completion of the transaction, the general counsel owned 5,624 shares in the company, valued at $1,402,513.12. This trade represents a 39.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CTO Markus Gloeckler sold 800 shares of the stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $174.00, for a total transaction of $139,200.00. Following the transaction, the chief technology officer owned 5,042 shares of the company’s stock, valued at $877,308. This represents a 13.69% 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. In the last 90 days, insiders sold 5,427 shares of company stock valued at $1,250,221. 0.39% of the stock is owned by insiders.

Institutional Investors Weigh In On First Solar

Several institutional investors have recently made changes to their positions in the stock. Gen Wealth Partners Inc purchased a new stake in First Solar during the 3rd quarter valued at about $30,000. Toth Financial Advisory Corp purchased a new stake in shares of First Solar during the third quarter valued at $32,000. Clearstead Trust LLC bought a new stake in First Solar in the 2nd quarter worth about $34,000. Vega Investment Solutions bought a new stake in First Solar in the 2nd quarter worth about $40,000. Finally, Rakuten Securities Inc. purchased a new position in shares of First Solar in the 2nd quarter worth $44,000. 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: Investors anticipate that Democratic control of Congress could improve prospects for federal support of renewable energy and domestic solar manufacturing, lifting First Solar and other clean-energy shares. The extent and timing of any policy changes remain uncertain. Article: First Solar Jumps as Democratic Sweep Revives Clean-Energy Hopes
Positive Sentiment: First Solar’s U.S. manufacturing footprint may also benefit from existing tariffs that support its competitive position against imported solar products. Article: First Solar Jumps After Democratic Sweep, but Tariffs Already Favor It
Positive Sentiment: Options activity pointed to bullish positioning: traders bought 67,156 FSLR call options, 128% above the average volume reported in the article.
Neutral Sentiment: The rally was part of a broader market rotation into clean-energy stocks after the election. The policy shift may change investor expectations, but it does not immediately alter company earnings, and the legislative path remains uncertain. Article: “Blue Trade” Sends First Solar and Sunrun Soaring
Negative Sentiment: Barclays and Guggenheim each cut their price target on First Solar, providing a counterpoint to the election-driven optimism. The available reports do not specify the revised targets. Article: First Solar Price Target Cut by Barclays Article: First Solar Price Target Cut by Guggenheim

About First Solar

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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.