First Solar, Inc. (FSLR) 2026 Guidance Disappoints Wall Street Firms, Triggers Downgrades

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First Solar, Inc.‘s (FSLR) 2026 guidance has disappointed Wall Street firms, leading to downgrades from analysts like Deutsche Bank and Jefferies. The solar company’s projected 2026 revenue of $4.9–$5.2 billion fell short of analysts’ estimates by 17%, despite reporting strong fourth-quarter and full-year 2025 results. This has led some analysts to reassess the stock’s potential, despite its leading position in the US photovoltaic solar industry.

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