First Solar Stock Faces Pullback Amid Rising Yields, Analysts Eye Buy Opportunity

By EC Assets · Published 25 September 2026

First Solar, Inc. stock is experiencing a pullback, presenting a potential buy opportunity for investors. The company trades at attractive 2026E/2027E EV/EBITDA multiples. First Solar maintains robust U.S. manufacturing capabilities and a strong order book. The stock decline occurred in the afternoon session as the 10-year Treasury yield rose to 5.14%. This yield level was last observed in 2007. The jump in Treasury yields has increased borrowing costs across the economy, contributing to a fall in U.S. stocks. FSLR's valuation reflects its scale and backlog. First Solar's profitability relies heavily on its U.S. manufacturing. Its Q4 earnings included 2026 sales guidance that was $1 billion below consensus estimates. This guidance and reported backlog declines have weakened market sentiment. GLJ Research recently lowered its rating on First Solar, Inc. (FSLR) from Buy to Hold. Other stocks, including Enphase, SolarEdge, Alight, and Goodyear, also fell during the afternoon session. First Solar remains a compelling buy after a technical pullback. Investors are looking to buy the pullback before 2027 gets priced in. This article is intended for informational purposes only. It does not constitute investment advice.