Bronstein, Gewirtz & Grossman, LLC has launched an investigation into US-based First Solar, Inc., a prominent player in the solar energy sector. The investigation follows a report from Jefferies analysts, who revised its third-quarter projections for First Solar, citing lower-than-expected volumes. According to Jefferies, the company’s 2025 and 2026 volumes are forecasted to drop by 8% and 4%, respectively, compared to previous estimates. Concerns were also raised about potential pricing issues linked to Antidumping and Countervailing Duties and efforts to sell excess Indian production in the US market. Following this, First Solar’s stock fell by 9.29%, closing at $205.04 per share. The company claims that market conditions and regulatory challenges may further affect its outlook. Investors are encouraged to contact Bronstein, Gewirtz & Grossman for more details on the investigation.
Investors urged to investigate First Solar’s performance issues
Jefferies revised its forecast, predicting lower-than-expected volumes for First Solar through 2026. (Image Credit/Source: Sora Shimazaki/Pexels)
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