First Solar Share Price Today

Piper Sandler cuts First Solar price target to $222, keeps overweight

Piper Sandler maintains Overweight rating on First Solar. Price target lowered from $251 to $222. Analyst Dimple Gosai issued the revised rating.

First Solar jumps 9% premarket on Democratic congressional sweep

First Solar shares rose 9% in premarket trading after Democrats won control of Congress. The company expects $2.1 billion in federal tax credits this year, protected through 2029. New tariffs impose a 38 cents per watt minimum price on imported solar panels starting December 4. First Solar cut its annual sales forecast to $4.6 billion-$4.9 billion from $4.9 billion-$5.2 billion. CEO Mark Widmar noted tariff uncertainty is slowing new orders despite higher asking prices.

Barclays maintains overweight on First Solar, cuts target to $230

Barclays analyst Christine Cho maintains an Overweight rating on First Solar. The price target is lowered from $259 to $230, a reduction of $29. The rating change reflects a revised valuation without altering the positive stance.

Citigroup maintains Buy on First Solar, cuts price target to $283

Citigroup maintains Buy rating on First Solar. Price target lowered from $297 to $283. Analyst Vikram Bagri issued the revised valuation.

Guggenheim maintains Buy on First Solar, cuts price target to $297

Guggenheim maintains Buy rating on First Solar. Price target lowered from $299 to $297. Analyst Joseph Osha issued the revised guidance.

Baird maintains Outperform on First Solar, cuts price target to $266

Baird analyst Ben Kallo maintains an Outperform rating on First Solar. Price target lowered from $290 to $266. Rating action reflects no change in fundamental outlook.