Morgan Stanley lifts target for First Solar stock to USD 326.00
Published on 10/15/2026 at 19:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and trading markers
- On October 14, 2026, Morgan Stanley moved its target from USD 323.00 to USD 326.00.
- First Solar will report third-quarter results on October 29, 2026.
- First Solar stock costs EUR 159.50 at Lang & Schwarz on October 15, 2026 at 9:34 p.m. CEST.
- First Solar had a market capitalization of USD 19.2 billion on October 15, 2026.
First Solar received a higher price target from Morgan Stanley on October 14, 2026, with the firm lifting its target from USD 323.00 to USD 326.00 while retaining an Overweight rating, according to Markets Insider. The target lies 82.04 percent above the USD 179.05 home-listing price at 1:39 p.m. ET on October 15, 2026. First Solar was trading at EUR 159.50 at Lang & Schwarz on October 15, 2026 at 9:34 p.m. CEST.
Results date sets the next marker
First Solar will report results for the third quarter ended September 30, 2026, after the US market closes on October 29, 2026, with a conference call scheduled for 4:30 p.m. ET, according to Financial Times. That date gives investors the next formal checkpoint for the pricing outlook and delivery schedule.
What does the 52-week range show?
The home-market quote stood at USD 179.05 on October 15, 2026, within a 52-week range of USD 168.60 to USD 320.95. The price was 6.20 percent above the low and 44.21 percent below the high. The same quote showed a market capitalization of USD 19.2 billion, a trailing P/E ratio of 11.02 and volume of 1,137,316 shares. A listing profile identifies First Solar as a NASDAQ company in renewable energy equipment and fuels, according to 6ix.
Valuation follows a strong second quarter
In the second quarter of 2026, First Solar reported USD 1.06 billion in net sales, down 4.00 percent from the year-earlier quarter, while net income rose to USD 423.00 million from USD 342.00 million. Adjusted EBITDA increased to USD 644.00 million from USD 560.00 million, and the contracted backlog reached 45.1 gigawatts as of June 30, 2026, according to IssueWire. The company reaffirmed full-year 2026 net sales guidance of USD 4.9 billion to USD 5.2 billion.
Comparison with peers
First Solar Inc.: P/E 11.02, market capitalization USD 19.2 billion
Enphase Energy (NASDAQ, USD): plus 2.52 percent, P/E 30.09, market capitalization USD 4.0 billion
SolarEdge Technologies (NASDAQ, USD): plus 1.67 percent, P/E minus 6.88, market capitalization USD 1.9 billion
Trading stays tied to the next report
For investors, the contrast is clear: First Solar combines a low double-digit P/E ratio with a large gap to its 52-week high, while the October 29 reporting date offers the next company-specific catalyst. The second-quarter figures also show why revenue and backlog will matter together, as sales declined 4.00 percent while the contracted backlog reached 45.1 gigawatts.
The further course of trading is shown by the continuously updated real-time quote of First Solar stock.
First Solar stock at a glance
- Company: First Solar Inc.
- ISIN: US3364331070
- Ticker: FSLR
- Primary exchange: NASDAQ
- Price Lang & Schwarz (as of October 15, 2026, 9:34 p.m. CEST): EUR 159.50
- Market capitalization: USD 19.2 billion (as of October 15, 2026)
- Sector / Industry: Energy / Renewable energy equipment and fuels
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
