Piper sees solar additions peaking in 2028
Piper Sandler lowered price targets for Nextracker (NXT) to $110 and First Solar (FSLR) to $251, maintaining Overweight ratings. It expects NXT's Q2 2027 revenue at $1.1B, 3% above consensus, and FSLR's Q3 2026 revenue within guidance. Piper also kept a Neutral rating on Array (ARRY), anticipating fiscal 2026 EBITDA 3% below consensus. Solar additions are projected to peak in 2028, contrasting industry forecasts.





