First Solar Slides 0.96 as Trading Volume Ranks 397th Amid Mixed Earnings Outlook and Analyst Price Target Adjustments

On July 29, 2025, First Solar (FSLR) closed at $181.82, down 0.96% with a trading volume of 1.51 million shares, placing it 397th in daily trading activity. The stock traded below its 52-week high of $262.72 but remains within a range of $116.56 to $262.72 over the past year.

Analysts anticipate mixed earnings results ahead of First Solar’s July 31 report. While Q2 revenue is expected to rise 3.5% year-on-year to $1.05 billion, this represents a slowdown from the 24.6% growth seen in the same quarter of 2024. The company has missed revenue and EPS guidance in five of the last eight quarters, raising concerns about its ability to meet expectations this time. Institutional investors, however, have shown renewed interest, with RD Finance Ltd acquiring a $2.24 million stake in Q1 and several major firms increasing holdings in Q4 2024.

Recent analyst activity highlights a cautiously optimistic outlook. TD Cowen and Guggenheim lowered price targets to $200–$202 but maintained "buy" ratings, while KeyCorp cut its stance to "underweight" with a $100 target. The average analyst price target stands at $204.38, 12.5% above the current price. Institutional ownership now accounts for 92.08% of shares, with key holders including Geode Capital and UBS AM, which added 2–13% to their stakes in Q4 2024.

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