First Solar stock falls 0.59 percent as earnings support fades

Published on 09/23/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Solar stock closed at USD 194.80 on September 22, 2026, 39.2 percent below its 52-week high. July EPS beat estimates by USD 1.02.

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First Solar Inc. (ISIN US3364331070) closed at USD 194.80 on Nasdaq on September 22, 2026, down 0.59 percent from the prior close. The stock was USD 126.15 below its 52-week high of USD 320.95 and USD 13.81 above its low of USD 182.99, putting the shares 39.2 percent below the yearly peak.

July earnings beat estimates

First Solar reported quarterly EPS of USD 3.92 for the quarter ended July 30, 2026, compared with consensus of USD 2.90. The USD 1.02 beat was substantial, but revenue of USD 1.06 billion was 3.4 percent below the same quarter a year earlier, according to MarketBeat on September 22, 2026.

The quarterly net margin was 32.47 percent and return on equity was 18.02 percent for that reporting period. The contrast between higher EPS and lower year-over-year revenue leaves earnings quality and demand conversion as the more important operating checkpoints.

Analyst targets remain higher

MarketBeat reported on September 22, 2026, that First Solar had a Moderate Buy consensus based on 1 strong buy rating, 22 buy ratings, 12 hold ratings and 2 sell ratings. The average target was USD 266.06, or 36.6 percent above the September 21 closing price of USD 194.80, with published targets ranging from USD 150.00 to USD 330.00, according to MarketBeat.

The individual research view was divided. Deutsche Bank lowered First Solar from Buy to Hold on August 27, 2026, while Morgan Stanley raised its target from USD 245.00 to USD 323.00 and kept an Overweight rating on August 18, 2026, as reported by MarketBeat.

Stock stays near yearly low

The September 22 market snapshot put First Solar's market capitalization at USD 20.93 billion, with volume of 14,463 shares against an average of 2.36 million. That session volume was 99.4 percent below the stated average, so the 0.59 percent decline carried limited participation evidence.

First Solar stock closed at USD 194.80 on Nasdaq on September 22, 2026. The same snapshot showed a 52-week range of USD 182.99 to USD 320.95 and market capitalization of USD 20.93 billion.