First Solar Surges to 113th Most Actively Traded Stock with $774 Million Turnover

On June 13, 2025, First Solar (FSLR) experienced a significant surge in trading volume, with a total turnover of $774 million, marking an 118.82% increase from the previous day. This substantial rise in trading volume positioned First Solar as the 113th most actively traded stock on the market that day. The company's stock price also saw a notable increase, rising by 4.39%.

Jefferies analyst Julien Dumoulin-Smith recently upgraded First Solar's rating from Hold to Buy, while also increasing the price target from $157 to $192. This upgrade reflects a 22.29% increase in the price target and was announced on June 11, 2025. The upgrade highlights a key inflection point for the company, particularly in light of the Senate's proposed IRA amendments, which aim to phase out certain tax incentives.

First Solar's strategic resilience amidst tariff challenges has been a focal point for analysts. The company's thin-film semiconductor technology offers a lower-carbon alternative to conventional crystalline silicon PV solar modules, positioning it favorably in the renewable energy market. This technological advantage, coupled with the recent upgrade, suggests a positive outlook for the company's future performance.

Several other research firms have also issued reports on First Solar. BMO Capital Markets reduced their price objective from $200.00 to $187.00 and set an “outperform” rating. Citigroup reduced their price objective from $254.00 to $236.00 and set a “neutral” rating. TD Cowen reduced their price objective from $275.00 to $200.00 and set a “buy” rating. UBS Group reissued a “buy” rating with a $255.00 price target. Piper Sandler cut their price target from $230.00 to $205.00 and set an “overweight” rating. The stock has an average rating of “Moderate Buy” and an average price target of $229.19.

In terms of insider activity, Georges Antoun, an insider, sold 229 shares of the company’s stock on March 17th, 2025, at an average price of $133.75. Following the sale, the insider now owns 52,836 shares. CFO Alexander R. Bradley also sold 599 shares on the same date at the same average price. Following the completion of the sale, the CFO now owns 45,717 shares. Insiders have sold 17,948 shares of company stock worth $2,704,927 over the last 90 days. 0.48% of the stock is owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in First Solar. Garde Capital Inc. bought a new position in First Solar in the first quarter worth approximately $25,000. Wealth Preservation Advisors LLC purchased a new position in shares of First Solar in the 1st quarter worth $25,000. Larson Financial Group LLC lifted its holdings in shares of First Solar by 591.9% in the 1st quarter. Colonial Trust Advisors bought a new stake in shares of First Solar in the 1st quarter worth about $32,000. Abound Financial LLC bought a new stake in shares of First Solar in the 1st quarter worth about $45,000. Institutional investors own 92.08% of the company’s stock.