First Solar faces securities fraud investigation amid earnings miss
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 05 2026
0mins
Should l Buy FSLR?
Source: PRnewswire
First Solar Inc's stock rose by 5.01% as it crossed above the 5-day SMA, reflecting a positive market reaction despite recent challenges.
Pomerantz LLP is investigating First Solar for potential securities fraud, following a significant earnings miss reported on February 24, 2026, which led to a downward revision of FY 2026 revenue guidance. Additionally, Baird Research downgraded the stock rating from Outperform to Neutral, citing uncertainties in the company's outlook, which has raised concerns among investors.
The investigation and rating downgrade have created a complex situation for First Solar, as it navigates investor sentiment while trying to recover from the recent earnings disappointment.
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Analyst Views on FSLR
Wall Street analysts forecast FSLR stock price to rise
23 Analyst Rating
18 Buy
4 Hold
1 Sell
Moderate Buy
Current: 197.260
Low
150.00
Averages
280.35
High
335.00
Current: 197.260
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.
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- Portfolio Adjustment: Following the sale, Hut 8 now represents only 1.8% of Ardsley’s reported U.S. equity assets, with major holdings including NYSE:LLY and NASDAQ:FSLR, indicating a shift in preference towards other stocks.
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