FSLR

AI Research

Disappointing guidance → 12.7% drop after Q4; Louisiana AI-enabled facility opens

First Solar reported FY2025 net sales of $5.2B and Q4 revenue of $1.7B with $2.4B year-end net cash, but issued flat 2026 guidance causing 12.7% share decline and 13% drop over 5 trading days. The company inaugurated a $1.1B AI-enabled Louisiana facility and selected South Carolina for next U.S. plant (H2 2026 launch), yet analysts cite deteriorating forward booking visibility. Stock trades at $199.13 amid visibility challenges.