Key Points
- First Solar General Counsel Jason Dymbort sold 3,700 shares at an average price of $249.38, generating $922,706. The Rule 10b5-1 transaction reduced his holdings by 39.68% to 5,624 shares.
- First Solar reported quarterly EPS of $3.92, beating the $2.90 consensus estimate, while revenue reached $1.06 billion and declined 3.4% year over year.
- FSLR shares opened at $226.77 after falling 5.9%; analysts maintained an overall “Moderate Buy” rating with an average price target of $258.79, while institutional investors owned 92.08% of the stock.
First Solar, Inc. (NASDAQ:FSLR - Get Free Report) General Counsel Jason Dymbort sold 3,700 shares of the stock in a transaction that occurred on 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 represents a 39.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
First Solar Trading Down 5.9%
FSLR stock opened at $226.77 on Thursday. The stock has a market cap of $24.37 billion, a P/E ratio of 13.98, a PEG ratio of 0.53 and a beta of 1.75. First Solar, Inc. has a twelve month low of $176.47 and a twelve month high of $320.95. The company's 50 day moving average is $236.49 and its two-hundred day moving average is $225.00.
First Solar (NASDAQ:FSLR - Get Free Report) last issued its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.90 by $1.02. The business had revenue of $1.06 billion during the quarter, compared to analysts' expectations of $1.06 billion. First Solar had a net margin of 32.47% and a return on equity of 18.02%. The company's revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.18 EPS. On average, equities research analysts predict that First Solar, Inc. will post 17.75 earnings per share for the current year.
Wall Street Analysts Forecast Growth
FSLR has been the topic of several research reports. Oppenheimer reaffirmed a "market perform" rating on shares of First Solar in a report on Friday, July 31st. Sanford C. Bernstein reduced their target price on First Solar from $217.00 to $197.00 and set an "underperform" rating for the company in a report on Friday, July 31st. Mizuho set a $237.00 target price on First Solar in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft upgraded First Solar from a "hold" rating to a "buy" rating and raised their price target for the stock from $245.00 to $272.00 in a research note on Monday, July 6th. Finally, Argus lifted their price target on First Solar from $250.00 to $275.00 and gave the stock a "buy" rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, First Solar currently has an average rating of "Moderate Buy" and an average price target of $258.79.
Get Our Latest Stock Report on First Solar
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Twin Tree Management LP purchased a new stake in shares of First Solar in the second quarter valued at about $1,518,000. Clear Harbor Asset Management LLC purchased a new position in shares of First Solar during the second quarter worth about $2,033,000. Bank of Nova Scotia purchased a new position in shares of First Solar during the second quarter worth about $3,271,000. Compass Financial Management LLC acquired a new position in First Solar in the 2nd quarter valued at about $462,000. Finally, Daiichi Life Insurance Co. Ltd. acquired a new position in First Solar in the 2nd quarter valued at about $1,916,000. 92.08% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting First Solar
Here are the key news stories impacting First Solar this week:
- Positive Sentiment: New U.S. solar-panel trade measures—including a $0.38-per-watt minimum import price and a 15% duty on certain polysilicon imports—could raise costs for competitors that rely on overseas manufacturing. UBS and BNP Paribas said the changes may give First Solar a meaningful competitive advantage in the domestic market. The Tariff That Helps First Solar And Hurts Everyone Else
- Positive Sentiment: Robert W. Baird upgraded First Solar from Neutral to Outperform and set a $318 price target. The firm said a Section 232 tariff decision removes a key overhang and could allow customer bookings to resume. Baird Just Upgraded First Solar Stock. Here's Why.
- Neutral Sentiment: Recent coverage also cited Mizuho’s $324 price target and a broader brokerage consensus of “Moderate Buy,” reinforcing a constructive analyst view but offering limited new fundamental information. First Solar Receives Average Rating of Moderate Buy
- Negative Sentiment: Several law firms publicized a securities class action against First Solar and certain officers. The alleged class period runs from February 26, 2025, through February 24, 2026, with an August 24 lead-plaintiff deadline. The notices cite investor losses, a sharp single-day decline, and reduced 2026 guidance; the allegations have not been proven. Pomerantz Class Action Filing
First Solar Company Profile
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Get Free Report)
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.
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