Insider transaction
First Solar, Inc. (NASDAQ:FSLR) reported that Chief Executive Officer Mark R. Widmar sold 1,937 shares of the company's common stock on March 16, 2026, at $200.8 per share, producing proceeds of roughly $388,949. At the time of the sale the company's shares were trading near $200.42.
Earlier the same week, on March 13, 2026, Widmar received 4,856 shares as a result of restricted stock units vesting; those shares were reported with a value of $0 in the transaction disclosure.
Valuation reference
InvestingPro's analysis cited in the company's reporting assigns First Solar a Fair Value of $225.84, positioning the stock on its Most Undervalued list relative to the prevailing market price noted above.
Financial results and guidance
First Solar's fourth-quarter earnings came in below expectations, falling short by 6% relative to consensus and missing Deutsche Bank's estimates by 5%. The company issued 2026 revenue guidance in a range of $4.9 billion to $5.2 billion, a figure that the company said sits 17% below Street expectations and implies a 3% year-over-year decline in revenue.
Analyst reactions
Following the earnings report and forward guidance, a series of brokerage firms adjusted their views and price targets for First Solar:
- Guggenheim lowered its price target to $269 from $312 while maintaining a Buy rating.
- GLJ Research downgraded the stock from Buy to Hold, citing the company's 2026 guidance as a material miss.
- Barclays reduced its price target to $228 from $279 and retained an Overweight rating.
- Deutsche Bank moved to a Hold rating from Buy and cut its price target to $245 from $300.
- Jefferies trimmed its price target to $205 from $260 and kept a Hold rating, noting the guidance disappointed even after prior reductions.
Where to find more detail
For readers seeking additional detail on executive compensation and the company's financial position, a comprehensive Pro Research Report is available for First Solar and more than 1,400 other U.S. equities.
The transactions disclosed by Widmar, the firm's recent earnings shortfall, and downward adjustments by multiple analysts together form the latest set of signals for investors monitoring First Solar amid its updated 2026 outlook.