First Solar (FSLR) shares dropped over 10% after being downgraded by Jefferies analyst due to concerns about limited visibility into 2026 bookings and reduced policy tailwinds. Margin pressure and underutilization could further impact the stock. Despite this, shares are up 100% from their 52-week low. FSLR stock trades at an attractive forward P/E multiple and has a strong balance sheet, but faces near-term headwinds and counterparty risks. The company’s reliance on tax credits and deteriorating margins are causing caution among analysts. Revenue is expected to remain flat in 2026, and historical data shows a decline in February. While some firms maintain a “Moderate Buy” rating on First Solar, Jefferies downgraded it to “Hold” with concerns about the company’s outlook.

Read more at Yahoo Finance: Should You Buy the Dip in First Solar Stock?