UBS Rates First Solar (FSLR) buy, $330 Price Target

UBS Confirms Support for First Solar's Outlook

On June 11, 2026, UBS analyst Jon Windham reiterated a 'buy' rating for First Solar, Inc. (FSLR) on the NasdaqGS, setting a price target of $330. The stock was trading at $264.36 on the publication date, representing a solid positioning for investors. This reflects a strong belief in First Solar's potential, especially in the evolving solar energy market.

Why UBS Is Optimistic

UBS's recent call comes amid First Solar's ongoing efforts in the solar energy sector, where it manufactures photovoltaic (PV) solar modules. The company is showing resilience despite challenges, as indicated by its previous earnings report, which noted a revenue drop. The focus remains on the future, with significant growth opportunities in multiple markets.

Analysts Set New Price Targets

Other analysts have also weighed in on First Solar's prospects. On October 15, 2026, Barclays maintained an 'Overweight' rating but lowered its target to $259 from $279. On October 14, 2026, Morgan Stanley kept its 'Overweight' rating with a slightly raised target of $326, while Truist Securities upgraded its rating to 'Buy' on October 12, increasing its target to $270 from $229. These varied targets suggest a general optimism among analysts, despite some adjustments.

Current Stock Position

First Solar's shares are currently trading significantly above its 52-week low of $168.60, but below its high of $320.95. With the stock price at $264.36, it offers potential for growth as it trades near the midpoint of its yearly range. This positioning might attract investors looking for value in the solar sector, particularly with the heightened focus on renewable energy solutions.

Recent Earnings

First Solar recently reported revenue of about $5.38 billion, but it's worth noting that revenue growth was negative at -3.7%. The company’s next earnings report is expected on October 29, 2026, which will provide further insight into its performance amidst industry challenges. Investors will be keen to see if First Solar can rebound and capitalize on its market opportunities.

What First Solar, Inc. Does

First Solar, Inc. designs and manufactures solar panels and energy solutions primarily in the United States and several other countries. The company provides PV solar modules that convert sunlight into electricity, catering to diverse clients ranging from utilities to large corporate energy buyers. As the solar energy industry grows, First Solar's role in delivering sustainable energy solutions becomes increasingly vital.

What to Watch at First Solar, Inc.

As the company prepares for its next earnings date on October 29, 2026, investors will look closely at how it addresses recent challenges and what its strategies will be moving forward. Analysts continue to monitor First Solar's developments as it strives to maintain its leadership in the solar market. Remember, UBS's recommendation and price targets are based on past performance and may not indicate future outcomes in this dynamic sector.