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Freedom Capital Downgrades First Solar, Inc. (FSLR) to Hold and Reduces its Price Target to $250
Yahoo Finance· 2026-03-04 05:48
Group 1 - First Solar, Inc. is identified as one of the 13 most undervalued stocks in the S&P 500 [1] - Freedom Capital downgraded First Solar from Buy to Hold and reduced its price target from $310 to $250, citing Q4 results that missed estimates and weak 2026 guidance [2] - JPMorgan lowered its price target on First Solar from $303 to $256 while maintaining an Overweight rating, noting that Q4 revenue exceeded expectations but earnings fell short [3] Group 2 - First Solar reported Q4 EPS of $4.84, below the consensus estimate of $5.17, while revenue was $1.68 billion, surpassing the consensus of $1.57 billion [4] - CEO Mark Widmar emphasized the company's ongoing growth, highlighted by the commissioning of a new factory in Louisiana and plans for a new facility in South Carolina [4] - The company maintains a disciplined approach to contracting, focusing on pricing and delivery certainty [4] Group 3 - First Solar specializes in providing photovoltaic solar energy solutions and manufacturing thin-film semiconductor PV modules both domestically and internationally [5]