First Solar shares jump as Q1 results top estimates and guidance is reaffirmed

First Solar, Inc. (FSLR) is up 5.7% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to First Solar’s first-quarter 2026 earnings update, where profitability came in ahead of expectations and the company reaffirmed its full-year 2026 outlook. Investors may also be reacting to management commentary around navigating ongoing trade and policy uncertainty while scaling U.S. manufacturing.

Details:

First Solar reported Q1 2026 net sales of about $1.04 billion and diluted EPS of $3.22, reflecting stronger module sales volumes versus the prior year.

The company reaffirmed its full-year 2026 guidance range for net sales ($4.9 billion to $5.2 billion) and adjusted EBITDA ($2.6 billion to $2.8 billion), which can reduce near-term uncertainty for valuation models.

An SEC filing dated April 30, 2026 furnished the earnings release as an exhibit, formalizing the results disclosure for the market.

This could also be a relief move after earlier 2026 volatility, with investors focusing on margin strength and updated operational commentary rather than headline policy risk.

Sources:

First Solar Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FSLR Insider Trading Activity

$FSLR insiders have traded $FSLR stock on the open market 97 times in the past 6 months. Of those trades, 0 have been purchases and 97 have been sales.

Here’s a breakdown of recent trading of $FSLR stock by insiders over the last 6 months:

GEORGES ANTOUN (Chief Commercial Officer) has made 0 purchases and 19 sales selling 40,406 shares for an estimated $10,496,117.
ALEXANDER R. BRADLEY (Chief Financial Officer) has made 0 purchases and 11 sales selling 19,646 shares for an estimated $3,899,272.
MARK R WIDMAR (Chief Executive Officer) has made 0 purchases and 6 sales selling 15,212 shares for an estimated $2,959,079.
JASON E. DYMBORT (General Counsel and Secretary) has made 0 purchases and 7 sales selling 13,958 shares for an estimated $2,762,556.
PAUL H STEBBINS has made 0 purchases and 3 sales selling 7,000 shares for an estimated $1,836,804.
MARKUS GLOECKLER (Chief Technology Officer) has made 0 purchases and 7 sales selling 8,758 shares for an estimated $1,714,079.
KUNTAL KUMAR VERMA (Chief Manufacturing Officer) has made 0 purchases and 10 sales selling 7,093 shares for an estimated $1,393,279.
MICHAEL T SWEENEY sold 4,500 shares for an estimated $1,219,995
CAROLINE STOCKDALE (Chief People and Comm. Officer) has made 0 purchases and 6 sales selling 3,026 shares for an estimated $588,717.
MICHAEL KORALEWSKI (Chief Supply Chain Officer) has made 0 purchases and 6 sales selling 2,350 shares for an estimated $457,510.
PATRICK JAMES BUEHLER (Chief Product Officer) has made 0 purchases and 6 sales selling 2,238 shares for an estimated $435,485.
NATHAN B. THEURER (VP - Global Controller and CAO) has made 0 purchases and 9 sales selling 753 shares for an estimated $147,196.
SAMANTHA L. SLOAN (EVP, Corporate Affairs) has made 0 purchases and 6 sales selling 534 shares for an estimated $103,523.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

$FSLR Hedge Fund Activity

We have seen 483 institutional investors add shares of $FSLR stock to their portfolio, and 471 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 4,519,612 shares (-76.1%) from their portfolio in Q4 2025, for an estimated $1,180,658,242
FMR LLC added 2,099,092 shares (+47.3%) to their portfolio in Q4 2025, for an estimated $548,345,803
WELLINGTON MANAGEMENT GROUP LLP removed 1,377,857 shares (-55.0%) from their portfolio in Q4 2025, for an estimated $359,937,584
SAMLYN CAPITAL, LLC removed 1,348,298 shares (-63.0%) from their portfolio in Q4 2025, for an estimated $352,215,886
MILLENNIUM MANAGEMENT LLC removed 895,422 shares (-83.1%) from their portfolio in Q4 2025, for an estimated $233,911,089
VIKING GLOBAL INVESTORS LP removed 767,996 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $200,623,595
POLAR CAPITAL HOLDINGS PLC added 766,028 shares (+inf%) to their portfolio in Q4 2025, for an estimated $200,109,494

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FSLR Congressional Stock Trading

Members of Congress have traded $FSLR stock 2 times in the past 6 months. Of those trades, 1 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $FSLR stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 01/09 and 1 sale worth up to $15,000 on 02/10.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API.

$FSLR Analyst Ratings

Wall Street analysts have issued reports on $FSLR in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

UBS issued a "Buy" rating on 11/03/2025

To track analyst ratings and price targets for $FSLR, check out Quiver Quantitative's $FSLR forecast page.

$FSLR Price Targets

Multiple analysts have issued price targets for $FSLR recently. We have seen 16 analysts offer price targets for $FSLR in the last 6 months, with a median target of $239.5.

Here are some recent targets:

Christine Cho from Barclays set a target price of $213.0 on 04/21/2026
Vikram Bagri from Citigroup set a target price of $243.0 on 04/21/2026
Biju Perincheril from Susquehanna set a target price of $250.0 on 04/09/2026
Julien Dumoulin-Smith from Jefferies set a target price of $187.0 on 04/07/2026
Joseph Osha from Guggenheim set a target price of $269.0 on 03/17/2026
Nicholas Amicucci from Evercore ISI Group set a target price of $212.0 on 03/05/2026
Gordon L. Johnson from GLJ Research set a target price of $207.82 on 03/04/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.