Why These Energy Stocks are Losing This Week

3. First Solar, Inc. (NASDAQ:FSLR)

Share Price Decline Between Dec. 31 – Jan. 7: 7.7%

Next on our list of Energy Stocks that Fell This Week is First Solar, Inc. (NASDAQ:FSLR), a leading American solar technology company and global provider of responsibly produced eco-efficient solar modules.

First Solar, Inc. (NASDAQ:FSLR) received a blow on January 7 when Jefferies downgraded the stock from ‘Buy’ to ‘Hold’, while also reducing its price target from $269 to $260. The firm remains cautious on FSLR in 2026 as it doesn’t see the company improving its bookings, a key aspect of its business. Moreover, the analyst highlighted how the solar firm’s management lowered its guidance several times last year. He now expects these headwinds to ‘underwhelm investor expectations’, especially with the sharp decline in prices in Germany. As a result, the analyst sees limited upside for the stock.

However, not all analysts are as cautious: on January 7, Deutsche Bank significantly raised its price target on First Solar, Inc. (NASDAQ:FSLR) from $255 to $300 and maintained its ‘Buy’ rating on the shares.