First Solar Cuts 2026 Guidance, Shares Plunge Over 10%
First Solar cut its guidance for fiscal 2026, forecasting lower module shipments and revenue growth than analysts projected, and its shares plunged over 10% on the news. The revision reflects concerns over cooling demand for its thin-film solar modules.
1. Guidance Cut Details
First Solar lowered its fiscal 2026 guidance, forecasting module shipments and revenue below previous estimates as demand cooled for its thin-film solar panels.
2. Share Price Reaction
Shares plunged over 10% following the announcement, marking a steep one-day decline as investors weighed the impact of softer demand on First Solar’s growth trajectory.
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Sources
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