The Law Offices of Frank R. Cruz announces an investigation of First Solar, Inc. (“First Solar” or the “Company”) (NASDAQ: FSLR) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
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, First Solar’s stock price fell $27.67, or 10.3%, to close at $241.11 per share on January 7, 2026, thereby injuring investors.

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, First Solar’s stock price fell $33.09, or 13.6%, to close at $210.12 per share on February 25, 2026, thereby injuring investors further.