Why First Solar stock is sliding today: Jefferies downgrade puts 2026 bookings in the spotlight
New York, Jan 7, 2026, 13:34 ET — Regular session Shares of First Solar (FSLR.O) fell about 10% on Wednesday after Jefferies downgraded the U.S. solar module maker to “Hold,” warning that expectations for 2026 are running ahead of what the company can likely deliver. The stock was down 9.9% at $242.05 in afternoon trading. The downgrade lands after a strong rally late last year that pushed the stock close to a 52-week high, leaving little room for surprises in a sector that still trades on policy headlines. First Solar ended Tuesday at $268.78, about 6% below its 52-week high