BofA Hikes First Solar Target (FSLR) to $291, Eyeing a 2026 Stock-Picker’s Cycle

6 days ago 4

Maham Fatima

Mon, January 12, 2026 astatine 9:12 AM CST 2 min read

First Solar Inc. (NASDAQ:FSLR) is 1 of the cheap stocks to bargain for the adjacent 3 years. On January 9, Bank of America raised the firm’s terms people connected First Solar to $291 from $255 and kept a Buy standing connected the shares. Looking toward 2026, BofA described the upcoming play arsenic a stock-picker’s rhythm alternatively than a solar-beta cycle. This suggests that wide assemblage trends volition nary longer assistance each boats; instead, occurrence volition beryllium connected idiosyncratic institution performance.

A time earlier that, Guggenheim raised the firm’s terms people connected First Solar Inc. (NASDAQ:FSLR) to $312 from $289, portion keeping a Buy standing connected the shares. This sentiment was posted arsenic the steadfast noted that the imaginable for importantly disruptive argumentation and commercialized developments should not beryllium discounted, peculiarly regarding the imaginable implementation of Section 232 tariffs.

BofA Hikes First Solar Target (FSLR) to $291, Eyeing a 2026 Stock-Picker’s Cycle

Additionally, connected January 7, Jefferies downgraded First Solar from Buy to Hold portion lowering its terms people to $260 from $269. The steadfast expressed caution regarding the company’s 2026 outlook and cited constricted booking visibility and emerging strategical questions. The steadfast noted that the anticipated Section 232 tariff tailwinds whitethorn underwhelm capitalist expectations owed to imaginable carve-outs for Germany that could dilute pricing benefits, combined with developers moving up of duties.

First Solar Inc. (NASDAQ:FSLR) is simply a star exertion institution that provides photovoltaic/PV star vigor solutions successful the US, France, India, Chile, and internationally.

While we admit the imaginable of FSLR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.