First Solar Downgraded Amid Competitive Pressures from Tesla
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 29 Jan 26
Source: stocktwits
First Solar Inc's stock fell sharply, hitting a 20-day low, as the company faces significant competitive pressures from Tesla, which has been rapidly scaling its clean energy manufacturing capacity.
The downgrade from BMO to market perform reflects concerns about First Solar's market positioning in light of Tesla's aggressive expansion in the solar sector. This news comes amid a broader market decline, with the Nasdaq-100 down 2.19% and the S&P 500 down 1.35%, indicating a challenging environment for solar stocks.
Investors are closely monitoring First Solar's upcoming earnings report and its strategic responses to these competitive threats, as the company aims to maintain its leadership in the renewable energy market.
Analyst Views on FSLR
Wall Street analysts forecast FSLR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSLR is 280.35 USD with a low forecast of 150.00 USD and a high forecast of 335.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
23 Analyst Rating
18 Buy
4 Hold
1 Sell
Moderate Buy
Current: 224.010
Low
150.00
Averages
280.35
High
335.00
Current: 224.010
Low
150.00
Averages
280.35
High
335.00
About FSLR
First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company. It is focused on enabling power generation needs with its advanced, thin film PV technology. The Company's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The Company's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 459 watts and 531 watts, respectively.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
