First Solar projected 2026 net sales between $4.9 billion and $5.2 billion. This forecast indicates a potential revenue decline from the $5.2 billion expected in 2025. Analysts characterized the guidance as a significant miss across all financial metrics.
Institutional investors reduced their share holdings by 9.68% during the last quarter. Jefferies lowered its price target for the stock from $205 to $187 on April 7. Rising logistics costs are expected to pressure near-term profit margins.
Company insiders sold shares throughout March. These sales followed a conservative Q4 2025 earnings report that continues to drive negative market sentiment.