{
  "id": 17228432,
  "title": "Susquehanna cuts First Solar stock price target on lower guidance",
  "url": "https://urgent.news/2026/10/30/susquehanna-cuts-first-solar-stock-price-target-on-lower-guidance",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T13:32:51.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/susquehanna-cuts-first-solar-stock-price-target-on-lower-guidance-93CH-4987956"
  },
  "original_language": "en",
  "account": "Susquehanna has lowered its price target on First Solar stock from $270 to $246, maintaining a Positive rating. The current trading price of First Solar is $173.39, close to its 52-week low of $165.86. In the third quarter of 2026, the company reported revenue slightly below estimates but exceeded earnings per share expectations. First Solar announced a 6% reduction in fiscal 2026 guidance for deliveries and a cut of approximately $50 million in EBITDA guidance. Since the latest earnings call, the company has secured 1.4 gigawatts of U.S. orders at an average selling price of $0.36 per watt, with most orders finalized before the August Section 232 announcement. First Solar's management noted that bookings have slowed in terms of volume as customers navigate price discovery post-Section 232. They are also increasingly opting for project-specific contracting over multi-year framework agreements, which has led to reduced long-term bookings. Despite these near-term challenges, an InvestingPro analysis indicates that First Solar is currently undervalued, trading at a P/E ratio of 10.92.",
  "summary": null,
  "key_points": [
    "Susquehanna lowers First Solar stock target from $270 to $246",
    "Company cuts $50 million in EBITDA guidance for fiscal 2026",
    "First Solar secures 1.4 GW of U.S. orders at $0.36/watt average"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}