StreetInsider.com News Articles

First Solar (FSLR) PT Lowered to $248 at Freedom Broker

Fri, 30 Oct 2026 12:26:04 -0400

Freedom Broker analyst Dmitriy Pozdnyakov lowered the price target on First Solar (NASDAQ: FSLR) to $248.00 (from $280.00) while maintaining a Buy rating.

The analyst comments "First Solar, Inc. (FSLR) reported Q3'26 revenue below consensus, while EPS came in ahead of expectations. Management lowered FY26 guidance, citing heightened industry uncertainty driven by recent legislative initiatives. We lower our price target on FSLR shares from $280 to $248 and reiterate our Buy rating. On October 29 after market close, U.S. solar manufacturer First Solar, Inc. (FSLR) reported Q3'26 results. Third-quarter revenue declined 22.8% YoY to $1.23bn, missing both our estimates and consensus

First Solar (FSLR) PT Lowered to $248 at Freedom Broker

Fri, 30 Oct 2026 12:26:04 -0400

Freedom Broker analyst Dmitriy Pozdnyakov lowered the price target on First Solar (NASDAQ: FSLR) to $248.00 (from $280.00) while maintaining a Buy rating.

First Solar (FSLR) PT Lowered to $169 at Bernstein SocGen Group

Fri, 30 Oct 2026 11:19:21 -0400

Bernstein SocGen Group analyst Sunaina Ocalan lowered the price target on First Solar (NASDAQ: FSLR) to $169.00 (from $197.00) while maintaining a Underperform rating.

First Solar (FSLR) PT Lowered to $233 at JPMorgan

Fri, 30 Oct 2026 09:21:15 -0400

JPMorgan analyst Mark Strouse lowered the price target on First Solar (NASDAQ: FSLR) to $233.00 (from $252.00) while maintaining a Overweight rating.

First Solar (FSLR) PT Lowered to $266 at Baird

Fri, 30 Oct 2026 09:20:07 -0400

Baird analyst Ben Kallo lowered the price target on First Solar (NASDAQ: FSLR) to $266.00 (from $290.00) while maintaining a Outperform rating.

First Solar (FSLR) PT Lowered to $232 at RBC Capital

Fri, 30 Oct 2026 09:14:12 -0400

RBC Capital analyst Christopher Dendrinos lowered the price target on First Solar (NASDAQ: FSLR) to $232.00 (from $236.00) while maintaining a Outperform rating.

GLJ Research Downgrades First Solar (FSLR) to Hold, 'Higher Prices, No Orders: 232 Bull Case Dented'

Fri, 30 Oct 2026 08:51:10 -0400

(Updated - October 30, 2026 8:51 AM EDT)

GLJ Research analyst Gordon Johnson downgraded First Solar (NASDAQ: FSLR) from Buy to Hold, PT $161.00.

The analyst comments "Higher prices, no signatures. Since the Section 232 proclamation in August, FSLR has raised prices on every new inquiry and on deals still in early negotiation. It has not signed one at the new price. The 1.4GW booked between the July and October calls, at ~$0.36/W, was almost all priced before the proclamation, and management wouldn’t say where pricing is going. Bookings are slipping, contracts are getting shorter, and the thin 2029-30 order book, the

GLJ Research Downgrades First Solar (FSLR) to Hold, 'Higher Prices, No Orders: 232 Bull Case Dented'

Fri, 30 Oct 2026 08:51:10 -0400

(Updated - October 30, 2026 8:51 AM EDT)

GLJ Research analyst Gordon Johnson downgraded First Solar (NASDAQ: FSLR) from Buy to Hold, PT $161.00.

GLJ Research Downgrades First Solar (FSLR) to Hold, 'Higher Prices, No Orders: 232 Bull Case Dented'

Fri, 30 Oct 2026 08:51:10 -0400

(Updated - October 30, 2026 8:51 AM EDT)

GLJ Research analyst Gordon Johnson downgraded First Solar (NASDAQ: FSLR) from Buy to Hold, PT $161.00.

GLJ Research Downgrades First Solar (FSLR) to Hold, 'Higher Prices, No Orders: 232 Bull Case Dented'

Fri, 30 Oct 2026 08:51:10 -0400

(Updated - October 30, 2026 8:51 AM EDT)

GLJ Research analyst Gordon Johnson downgraded First Solar (NASDAQ: FSLR) from Buy to Hold, PT $161.00.

First Solar (FSLR) PT Lowered to $246 at Susquehanna

Fri, 30 Oct 2026 08:46:25 -0400

Susquehanna analyst Eric Clay lowered the price target on First Solar (NASDAQ: FSLR) to $246.00 (from $270.00) while maintaining a Positive rating.

The analyst comments "FSLR reported 3Q results, with revenue slightly below SFG estimates while EPS beat. FY26 guidance for deliveries was lowered by ~6% at the midpoint, while EBITDA guidance was cut by ~ $50M. Since the last earnings call, FSLR booked 1.4 GW of U.S. orders at an ASP of $0.36/W, most of which was priced ahead of the August S232 announcement. Management noted that bookings have moderated on a volume basis as customers work through post-232 price

First Solar (FSLR) PT Lowered to $246 at Susquehanna

Fri, 30 Oct 2026 08:46:25 -0400

Susquehanna analyst Eric Clay lowered the price target on First Solar (NASDAQ: FSLR) to $246.00 (from $270.00) while maintaining a Positive rating.

First Solar (FSLR) PT Lowered to $307 at Morgan Stanley

Fri, 30 Oct 2026 08:44:20 -0400

Morgan Stanley analyst Andrew Percoco lowered the price target on First Solar (NASDAQ: FSLR) to $307.00 (from $326.00) while maintaining a Overweight rating.

First Solar price target cut to $283 by Citi, Buy rating held

Fri, 30 Oct 2026 06:48:08 -0400

Citi analyst Vikram Bagri lowered the price target on First Solar (NASDAQ: FSLR) to $283 from $297, while maintaining a Buy rating on the stock.

Bagri noted that First Solar delivered an earnings-per-share beat while reducing volume guidance by 6%, with approximately 2% impact to adjusted EBITDA. No material bookings were announced, with pricing established following Section 232 tariff decisions.

The analyst cited several factors in the assessment, including management quoting at higher pricing despite prolonged negotiations, and margins exceeding expectations in the third quarter. First Solar's board authorized a $500 million share buyback, which Bagri said came earlier than anticipated.

The analyst

First Solar (FSLR) PT Lowered to $260 at Wells Fargo

Fri, 30 Oct 2026 06:30:22 -0400

Wells Fargo analyst Praneeth Satish lowered the price target on First Solar (NASDAQ: FSLR) to $260.00 (from $313.00) while maintaining a Overweight rating.

UBS on First Solar (FSLR): 'Waiting for S232 Upside to Materialize'

Fri, 30 Oct 2026 06:23:26 -0400

UBS analyst Jon Windham reiterated a Buy rating and $330.00 price target on First Solar (NASDAQ: FSLR).

The analyst comments "The 3Q26 result was underwhelming, in our view, as FSLR only announced 1.4GW of U.S. orders at ~$0.36/w since the last earnings call. Notably, FSLR also announced a $500mn share repurchase program. FSLR reported 3Q26 adj. EBITDA of $744mn, 4% ahead of consensus expectations coming into the result. 4Q26 preview: Full-year guide implies adj. EBITDA of $643-843mn (c. $818mn). We continue to see long-term pricing upside for FSLR as a result of the Section 232 tariff and highlight the lumpy nature

Jefferies Reiterates Hold Rating on First Solar (FSLR)

Fri, 30 Oct 2026 06:21:01 -0400

Jefferies analyst Sean Milligan reiterated a Hold rating and $199.00 price target on First Solar (NASDAQ: FSLR).

The analyst comments "$500M share repurchase the clear positive. However, 3Q results reinforce our view of higher for shorter module pricing environment. In fact, commentary around module buyers delaying purchasing decisions, lack of clarity around U.S. ASP's, and change in contracting strategy leaves us incrementally more cautious on market backdrop. PT stays at $199 as MTM against higher comp multiples, maintain Hold."

For an analyst ratings summary and ratings history on First Solar click here. For more ratings news on First Solar click

First Solar (FSLR) PT Lowered to $236 at Needham

Fri, 30 Oct 2026 06:10:49 -0400

Needham analyst Sean Milligan lowered the price target on First Solar (NASDAQ: FSLR) to $236.00 (from $303.00) while maintaining a Buy rating.

The analyst comments "Maintain Buy; lower PT to $236 from $303 on 10x FY2027E EPS of $23.63. 3Q2026 revenue of $1.23B missed FactSet's $1.29B, while adjusted EBITDA of $744MM beat $717.5MM and EPS of $5.30 beat $4.67 on stronger U.S. mix. Management's 4Q adjusted EBITDA guide of $643–843MM is ~9% below FactSet's $813MM at midpoint. For 2027, FSLR expects India output of 2.2–2.6 GW during CuRe conversion and South Carolina production of 2.2–2.5 GW; Malaysia remains undecided. Recent U.S.

First Solar (FSLR) PT Lowered to $236 at Needham

Fri, 30 Oct 2026 06:10:49 -0400

Needham analyst Sean Milligan lowered the price target on First Solar (NASDAQ: FSLR) to $236.00 (from $303.00) while maintaining a Buy rating.

Oppenheimer Reiterates Perform Rating on First Solar (FSLR)

Fri, 30 Oct 2026 06:07:24 -0400

Oppenheimer analyst Colin Rusch reiterated a Perform rating and {REMOVEPT} price target on First Solar (NASDAQ: FSLR).

The analyst commented: "FSLR delivered upside to 3Q26 results while lowering full-year 2026 guidance on reduced India sell-through and a lower floor on US volumes. Incremental contracts during the quarter were modest as customers worked through FEOC uncertainty, data center moratoria, and viability of new domestic capacity coming online. We note FSLR has been effective in passing along increases in incremental supply chain and shipping expense within existing agreements, suggesting continued strong customer relationships. We believe the majority of FSLR supply becomes available in

First Solar (FSLR) PT Lowered to $255 at BMO Capital

Fri, 30 Oct 2026 05:15:56 -0400

BMO Capital analyst Ameet Thakkar lowered the price target on First Solar (NASDAQ: FSLR) to $255.00 (from $263.00) while maintaining a Outperform rating.

The analyst comments "3Q adjusted EBITDA/EPS exceeded BMO/consensus, while FY26 adjusted EBITDA guidance was modestly reduced. The bigger disappointment was commercial, as post-232 booking/ASP upside now appears likely to materialize more gradually than expected, contributing to our ~9% cut to 2027 sales/EBITDA. Reiterate Outperform; lowering target to $255 from $263. Our thesis admittedly becomes more valuation-dependent, with shares discounting a ~$0.295/W terminal ASP versus recent ~$0.36/W bookings. We still see pricing upside, but the debate increasingly shifts from

First Solar (FSLR) PT Lowered to $255 at BMO Capital

Fri, 30 Oct 2026 05:15:56 -0400

BMO Capital analyst Ameet Thakkar lowered the price target on First Solar (NASDAQ: FSLR) to $255.00 (from $263.00) while maintaining a Outperform rating.

Goldman Sachs Reiterates Buy Rating on First Solar (FSLR)

Fri, 30 Oct 2026 04:49:04 -0400

Goldman Sachs analyst Brian Lee reiterated a Buy rating and $272.00 price target on First Solar (NASDAQ: FSLR)

The anlayst comments "
FSLR reported another solid quarter, with 3Q26 adjusted EBITDA of $744mn near the high-end of guidance, while EPS of $5.30 was within GSe/Factset consensus of $5.39/$4.67. However, the company lowered its FY2026 volume, revenue, and adjusted EBITDA guidance, primarily reflecting lower India domestic, international Series 6, and US finishing volumes. More importantly for the forward debate, management remains constructive on the post-Section 232 pricing environment and has increased pricing on new opportunities, although customers continue to work through price

First Solar (FSLR) Tops Q3 EPS by 63c; lowers guidance

Thu, 29 Oct 2026 16:09:46 -0400

First Solar (NASDAQ: FSLR) reported Q3 EPS of $5.30, $0.63 better than the analyst estimate of $4.67. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

First Solar sees FY2026 revenue of $4.6-4.9 billion, versus the consensus of $5.035 billion.

For earnings history and earnings-related data on First Solar (FSLR) click here.

First Solar (FSLR) Tops Q3 EPS by 63c; lowers guidance

Thu, 29 Oct 2026 16:09:46 -0400

First Solar (NASDAQ: FSLR) reported Q3 EPS of $5.30, $0.63 better than the analyst estimate of $4.67. Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.28 billion.

GUIDANCE:

First Solar sees FY2026 revenue of $4.6-4.9 billion, versus the consensus of $5.035 billion.

For earnings history and earnings-related data on First Solar (FSLR) click here.