First Solar Shares Hit New 52-Week Low

The company's stock price dropped to $175.59 on Thursday, falling below its previous 52-week low.

Updated on Sept. 24, 2026 in Public Companies

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First Solar shares plummeted 7.73% on Thursday, hitting an intraday low of $175.59. This decline pushed the stock past its former 52-week low of $182.99.

Why it matters

The drop follows a period of mixed financial performance for the solar energy firm. While the company exceeded earnings expectations earlier this year, it continues to face market scrutiny regarding its revenue growth.

First Solar shares declined 7.73% on Thursday, underperforming their sector by 7.82 percentage points. The company posted second-quarter earnings of $3.92 per share against a $2.86 consensus estimate.

The players

First Solar

This American company is a leading manufacturer of thin-film solar panels and a provider of utility-scale PV power plants.

The details

Shares fluctuated during the trading session, reaching as high as $190 before the sharp decline began. At the time of publication, the stock was trading at $177.14.

July 30, 2026: First Solar reported its second-quarter earnings.
September 24, 2026: First Solar shares reached a new 52-week low during trading.

Market Landscape

This share price decline reflects broader volatility within the solar energy sector during 2026. The move highlights the challenges companies face in maintaining investor confidence despite beating internal earnings targets.

Investors holding First Solar stock may see a change in their portfolio valuations following the recent decline. The dip highlights the importance of monitoring earnings calls against analyst revenue expectations for long-term holders.

The takeaway

The recent stock performance serves as a reminder that market prices can be sensitive to revenue targets even when bottom-line earnings remain strong. Investors should prioritize tracking revenue growth trends alongside quarterly earnings surprises.