First Solar (FSLR) Price Target Cut to $187 from $205
Published on · Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowOn April 7, Jefferies analyst Julien Dumoulin-Smith reduced the price target for First Solar, Inc. (FSLR) from $205 to $187, maintaining a ‘Hold’ rating. This adjustment was driven by rising logistics costs impacting the solar energy industry due to ongoing conflicts in the Middle East. First Solar is targeting net sales between $4.9 billion and $5.2 billion for FY 2026, after a 24% revenue surge to $5.2 billion in FY 2025. Since reporting its Q4 2025 earnings on February 24, FSLR's stock has declined by over 16%, reflecting investor concerns about future revenue growth.
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About First Solar Inc. (FSLR)
First Solar is the largest U.S. maker of solar panels.
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