Freedom Capital Downgrades First Solar, Inc. (FSLR) to Hold and Reduces its Price Target to $250

First Solar, Inc. (NASDAQ:FSLR) is among the 13 Most Undervalued S&P 500 Stocks to Invest In.

On February 26, 2026, Freedom Capital downgraded First Solar, Inc. (NASDAQ:FSLR) to Hold from Buy and reduced its price target to $250 from $310. The firm said Q4 results missed estimates and the company issued “weak” 2026 guidance, adding that uncertainty remains elevated in the utility-scale solar market.

On February 25, 2026, JPMorgan lowered its price target on First Solar to $256 from $303 and maintained an Overweight rating. The firm noted Q4 revenue came in above expectations, while earnings missed, and cited the current environment for the target cut. JPMorgan continues to view U.S. policy updates as potential upside catalysts for bookings.

On February 24, 2026, First Solar reported Q4 EPS of $4.84 versus a consensus of $5.17 and revenue of $1.68 billion compared to $1.57 billion consensus. CEO Mark Widmar said the company’s “growth journey continued into 2025” with the commissioning of a new Louisiana factory and a decision to establish a new facility in South Carolina. Widmar added that the company maintained a disciplined approach to contracting, anchored in pricing and delivery certainty.

First Solar, Inc. (NASDAQ:FSLR) provides photovoltaic solar energy solutions and manufactures thin-film semiconductor PV modules in the United States and internationally.

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