First Solar Shares Tumble 1.48% as Trading Volume Surges to 304th Rank on 42% Spike

On July 30, 2025, First Solar (FSLR) closed at $179.13, down 1.48% with a trading volume of 2.297 million shares. The stock ranked 304th in daily trading activity, with a 42.22% surge in volume compared to the previous day.

Analysts remain divided ahead of the company’s July 31 earnings report. While Q2 revenue is projected to rise 3.5% year-on-year to $1.05 billion, this growth lags the 24.6% expansion recorded in the same quarter of 2024. FSLR has missed revenue and EPS guidance in five of the last eight quarters, raising concerns about its ability to meet expectations. Institutional investors have shown renewed interest, with RD Finance Ltd acquiring a $2.24 million stake in Q1 and major firms increasing holdings in Q4 2024. Current institutional ownership accounts for 92.08% of shares, led by Geode Capital and UBS AM.

Analyst price targets highlight a cautiously optimistic outlook. TD Cowen and Guggenheim set targets of $200–$202 with "buy" ratings, while KeyCorp reduced its stance to "underweight" with a $100 target. The average price target of $204.38, 12.5% above the current price, reflects a potential upside if the company outperforms expectations. However, peers like Nextracker and Enphase have already reported Q2 revenue growth exceeding forecasts, adding competitive pressure.

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