First Solar, Inc. (NASDAQ: FSLR)

This lawsuit is for anyone who acquired securities in First Solar, Inc. (NASDAQ: FSLR) from February 26, 2025 through February 24, 2026.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating the Company’s capacity to manage the impact of U.S. tariff policy on the Company’s business.

On January 7, 2026, Jefferies downgraded First Solar from Buy to Hold, stating that during 2025, the Company had lowered guidance, faced significant de-bookings, and experienced margin compression. Additionally, Jefferies claimed that “[international] facilities remain a pain point while tariffs exist” and “underutilization at [international] facilities remains a concern.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume. Then, on February 24, 2026, First Solar released its fourth quarter and full year 2025 financial results, revealing that earnings had significantly missed expectations. The Company also issued lower-than-expected revenue guidance for 2026 citing customer headwinds. On this news, the price of the Company’s stock again dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in First Solar, Inc. (NASDAQ: FSLR) from February 26, 2025 through February 24, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.