On September 28, 2026, Keybanc upgraded its outlook for First Solar (NASDAQGS:FSLR) from Underweight to Sector Weight. This change comes as the stock closed at $177.71 on September 25, reflecting a one-week decline of 9.31% and a one-month decline of 14.08%.
First Solar, a U.S.-based leader in solar power systems, reported impressive earnings on July 30, 2026, with an EPS of 3.92, surpassing estimates of 2.89 by 35.52%. For the current recommendation period ending September 1, 2026, the company garnered a total of 48 ratings, with 70.8% classified as positive (7 strong buy, 27 buy), and a mean target price of $276.35, indicating a potential increase of 55.51% from its current valuation.
Recent analyst activity includes GLJ Research maintaining a Buy rating on September 22 and Piper Sandler initiating coverage with an Overweight rating on September 9, 2026.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
