Jeff Osborne, an analyst from TD Cowen, maintained the Buy rating on First Solar (FSLR – Research Report). The associated price target remains the same with $275.00.
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Jeff Osborne has given his Buy rating due to a combination of factors including First Solar’s strategic positioning and its insulation from tariff volatility through domestic manufacturing. Despite the challenges in the political landscape and interconnection congestion affecting the energy industry, Osborne remains optimistic about First Solar’s market stance.
The company’s expected revenue generation in the latter half of 2025 and its ongoing manufacturing capacity expansion, particularly with the upcoming Louisiana facility, are seen as positive indicators. Additionally, updates on the company’s warranty expectations and unsold volumes for 2025 are anticipated to provide further clarity on its future performance.
In another report released today, Barclays also maintained a Buy rating on the stock with a $204.00 price target.