Recently, Zacks.com users have been paying close attention to First Solar (FSLR). This makes it worthwhile to examine what the stock has in store.
GE Vernova's backlog grew by $31.2 billion in 2025. First Solar's revenue jumped up $1 billion in 2025 compared to the year prior.
Shares of First Solar, Inc. (NASDAQ: FSLR - Get Free Report) have received a consensus rating of "Moderate Buy" from the thirty-four brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, thirteen have given a hold recommendation and twenty have assigned a buy recommendation to the
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In the latest trading session, First Solar (FSLR) closed at $200.23, marking a +1.23% move from the previous day.
First Solar (FSLR) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
FSLR sinks 12.7% after missing Q4 earnings and issuing a weak 2026 sales guidance, putting solar ETFs like TAN in focus.
FSLR faces cooling demand, mixed booking trends, and underutilized capacity in Malaysia/Vietnam, resulting in muted FY2026 volumes/sales guidance and hefty underutilization charges. Their gross margins are heavily reliant on Section 45x tax credits, with the staged phase out after 2029 triggering significant gross margin compression risks. The silver lining to FSLR's investment thesis will be the strong free cash flow generation and the richer balance sheet, despite the ongoing capex investments.
First Solar presents a compelling buy after a technical pullback, with 2026 sales guidance $1B below consensus and sentiment weakened by backlog declines. FSLR's profitability is heavily reliant on 45X tax credits, with core manufacturing margins near 7% absent subsidies; credits phase down after 2030, capping the investment horizon. I am reinitiating a position with a staged entry (up to 4–5% NAV), targeting a 30% return over 12 months as sentiment inflects post-H1 2026.
First Solar, Inc. delivered disappointing Q4 results and issued 2026 guidance well below Street expectations, triggering a sharp selloff. 2026 Adjusted EBITDA guidance of $2.6–$2.8B lags consensus, with revenue projected to decline and headline multiples flattered by Section 45X tax credits. But valuation even at these levels remains at worst reasonable, and the soft outlook is understandable.
FSLR posts 32.6% EPS growth in Q4 but misses estimates, beats on revenues and issues 2026 outlook.
First Solar (FSLR) came out with quarterly earnings of $4.84 per share, missing the Zacks Consensus Estimate of $5.22 per share. This compares to earnings of $3.65 per share a year ago.