Jefferies cuts First Solar stock target to USD 199.00

Published on 10/17/2026 at 21:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First Solar had a USD 18.6 billion market value on October 16, 2026. First Solar stock last stood at EUR 153.80 on October 16, 2026 at 9:55 p.m. CEST.

Analyst target and market position

Jefferies cut its First Solar target from USD 228.00 to USD 199.00 on October 16, 2026.
First Solar last traded at USD 172.64 on Nasdaq on October 16, 2026, down 3.45 percent.
First Solar stock last stood at EUR 153.80 at Tradegate on October 16, 2026 at 9:55 p.m. CEST.
First Solar had a USD 18.6 billion market capitalization and a P/E ratio of 10.64.

Isometrische 3D-Darstellung der Solarenergie-Wertschöpfungskette von First Solar Inc., ISIN US3364331070 — First Solar Inc. Wertschöpfungskette als isometrisches 3D-Diagramm, von Rohstoff bis Netz, Aktie US3364331070, Illustration mit AI erstellt.

Jefferies lowered its First Solar target from USD 228.00 to USD 199.00 on October 16, 2026, while maintaining a Hold rating, according to Investing.com. The new target is 15.27 percent above First Solar's Nasdaq price of USD 172.64. First Solar last stood at EUR 153.80 at Tradegate on October 16, 2026 at 9:55 p.m. CEST.

Nasdaq trading sets the daily frame

On Nasdaq, First Solar last traded at USD 172.64 on October 16, 2026 at 4:00 p.m. ET, down 3.45 percent from the previous close. The move came with 2,340,156 shares traded against an average volume of 2,296,209 shares. The stock's 52-week range was USD 168.60 to USD 320.95, leaving the latest Nasdaq price USD 3.96 above its yearly low and USD 148.31 below its yearly high.

Valuation remains measurable

First Solar carried a market capitalization of USD 18.6 billion on October 16, 2026, with a P/E ratio of 10.64. The company describes itself as a US solar technology business producing thin-film cadmium telluride modules, according to First Solar. That combination gives the target revision a clear valuation frame: the market price is below Jefferies' revised USD 199.00 objective, but the new objective is lower than the firm's former USD 228.00 level.

Comparison with peers

First Solar Inc.: minus 3.45 percent, P/E 10.64, market capitalization USD 18.6 billion
Enphase Energy (Nasdaq, USD): minus 0.65 percent, P/E 30.62, market capitalization USD 4.0 billion
SolarEdge Technologies (Nasdaq, USD): minus 0.22 percent, P/E minus 6.95, market capitalization USD 1.9 billion

Listing and trading context

First Solar is identified as FSLR on Nasdaq in market coverage of the company, including the listing reference in Global Banking and Finance. The company is focused on thin-film photovoltaic modules rather than conventional silicon panel production. For investors, the immediate distinction is between the USD 199.00 analyst objective and the USD 172.64 Nasdaq close, while the euro quotation provides the German trading perspective.

Price and target levels

The Tradegate quote of EUR 153.80 on October 16, 2026 at 9:55 p.m. CEST provides the latest euro market level. Jefferies' revised USD 199.00 target and the USD 172.64 Nasdaq price use the same currency, keeping the target comparison separate from the euro quotation.