Zacks Research Forecasts Higher Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Zacks Research upped their FY2025 EPS estimates for First Solar in a research note issued on Tuesday, December 24th. Zacks Research analyst A. Dutta now forecasts that the solar cell manufacturer will post earnings per share of $18.73 for the year, up from their previous estimate of $18.58. The consensus estimate for First Solar’s current full-year earnings is $13.15 per share. Zacks Research also issued estimates for First Solar’s Q4 2025 earnings at $6.47 EPS, Q3 2026 earnings at $5.20 EPS and FY2026 earnings at $22.94 EPS.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Tuesday, October 29th. The solar cell manufacturer reported $2.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.10 by ($0.19). First Solar had a net margin of 32.41% and a return on equity of 17.56%. The business had revenue of $887.70 million during the quarter, compared to the consensus estimate of $1.07 billion. During the same period last year, the firm earned $2.50 EPS. The company’s quarterly revenue was up 10.7% compared to the same quarter last year.

A number of other research firms have also recently issued reports on FSLR. Bank of America cut their target price on shares of First Solar from $321.00 to $269.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Morgan Stanley reduced their price objective on First Solar from $329.00 to $297.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Royal Bank of Canada decreased their target price on First Solar from $315.00 to $280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. Jefferies Financial Group reduced their price target on shares of First Solar from $271.00 to $266.00 and set a “buy” rating on the stock in a research report on Thursday, October 10th. Finally, Barclays lowered their price objective on shares of First Solar from $290.00 to $275.00 and set an “overweight” rating for the company in a research report on Wednesday, November 13th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $279.04.

First Solar Stock Down 0.6 %

Shares of NASDAQ FSLR opened at $182.63 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The stock has a market cap of $19.55 billion, a PE ratio of 15.73, a PEG ratio of 0.35 and a beta of 1.46. First Solar has a 52-week low of $135.88 and a 52-week high of $306.77. The business has a fifty day moving average of $194.09 and a two-hundred day moving average of $217.11.

Hedge Funds Weigh In On First Solar

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. AlphaMark Advisors LLC bought a new position in shares of First Solar during the third quarter worth approximately $25,000. Strengthening Families & Communities LLC bought a new position in First Solar during the third quarter worth $25,000. Kennebec Savings Bank acquired a new stake in First Solar during the third quarter worth approximately $29,000. Atlas Capital Advisors LLC boosted its stake in First Solar by 411.1% during the second quarter. Atlas Capital Advisors LLC now owns 138 shares of the solar cell manufacturer’s stock worth $31,000 after acquiring an additional 111 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in First Solar by 214.0% in the third quarter. Larson Financial Group LLC now owns 157 shares of the solar cell manufacturer’s stock worth $39,000 after acquiring an additional 107 shares in the last quarter. Institutional investors own 92.08% of the company’s stock.

About First Solar

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.