First Solar shares tumble as annual sales forecast misses analyst estimates
First Solar shares fell 14 percent today after its 2026 sales forecast missed estimates. The firm cited high interest rates and trade policy uncertainty.
Insights:
First Solar, Inc. reported its quarterly results on 2026-02-24 and issued a 2026 net sales forecast of $4.9 billion to $5.2 billion, which is significantly below the $6.12 billion average estimate from analysts at LSEG. This guidance update, which reveals a shortfall of approximately $1.0 billion to $1.2 billion against consensus, coincided with an almost 14% decline in the company's share price during after-hours trading.
