First Solar's stock experienced a significant 12.52% plunge in post-market trading following the release of its fourth-quarter financial results and disappointing forward guidance.
The solar technology company reported quarterly earnings of $4.84 per share, which missed the analyst consensus estimate. While quarterly sales exceeded expectations, investors focused on the company's 2026 revenue forecast of $4.9 billion to $5.2 billion, which fell substantially short of the $6.12 billion analysts had anticipated.
Management cited customer headwinds including federal permitting approval delays under the current administration and anticipated a tariff impact of $125 million to $135 million in 2026. The weak revenue outlook for the coming year triggered the selloff as investors reassessed the company's growth prospects amid broader industry challenges.