Bank of America Securities analyst Dimple Gosai reiterated a Buy rating on First Solar today and set a price target of $201.00.
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Dimple Gosai’s rating is based on several strategic advantages that First Solar holds in the current market environment. The company benefits from favorable policy momentum in the U.S., which supports its volume growth. Additionally, regulatory measures such as the AD/CVD petition and Section 232 investigation could limit non-compliant imports, thereby strengthening First Solar’s competitive position.
Moreover, First Solar is expected to capitalize on demand as developers prepare to secure full systems before new rules take effect in 2026. Despite some risks associated with tariff changes and supply dynamics, the company’s valuation suggests potential for upside. Its current trading multiple is below its historical average, indicating room for growth. This combination of policy support, demand prospects, and valuation potential underpins the Buy rating.
In another report released yesterday, Susquehanna also maintained a Buy rating on the stock with a $203.00 price target.