First Solar FY2025 EPS Estimate Increased by Zacks Research

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Investment analysts at Zacks Research boosted their FY2025 earnings estimates for shares of First Solar in a report issued on Tuesday, December 24th. Zacks Research analyst A. Dutta now forecasts that the solar cell manufacturer will earn $18.73 per share for the year, up from their prior 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 - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The solar cell manufacturer reported $2.91 earnings per share for the quarter, missing analysts' consensus estimates of $3.10 by ($0.19). The firm had revenue of $887.70 million during the quarter, compared to analyst estimates of $1.07 billion. First Solar had a net margin of 32.41% and a return on equity of 17.56%. The business's revenue was up 10.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.50 earnings per share.

FSLR has been the topic of several other reports. William Blair began coverage on shares of First Solar in a report on Thursday, August 29th. They set a "market perform" rating on the stock. Guggenheim dropped their price target on First Solar from $368.00 to $335.00 and set a "buy" rating on the stock in a research note on Wednesday, October 30th. Janney Montgomery Scott upgraded First Solar from a "neutral" rating to a "buy" rating and set a $260.00 target price on the stock in a research note on Tuesday, October 29th. Wells Fargo & Company cut their price objective on shares of First Solar from $250.00 to $240.00 and set an "overweight" rating on the stock in a research report on Wednesday, October 30th. Finally, Susquehanna reduced their price objective on shares of First Solar from $280.00 to $252.00 and set a "positive" rating for the company in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, First Solar presently has an average rating of "Moderate Buy" and an average price target of $279.04.

First Solar Trading Down 0.6 %

FSLR stock traded down $1.08 during midday trading on Friday, hitting $182.63. 1,033,062 shares of the company's stock were exchanged, compared to its average volume of 2,483,685. The company has a market cap of $19.55 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 0.35 and a beta of 1.46. 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's fifty day moving average price is $194.09 and its 200-day moving average price is $217.65. First Solar has a one year low of $135.88 and a one year high of $306.77.

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Massmutual Trust Co. FSB ADV increased its stake in shares of First Solar by 14.5% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 356 shares of the solar cell manufacturer's stock valued at $89,000 after acquiring an additional 45 shares in the last quarter. Davis Investment Partners LLC increased its stake in First Solar by 0.6% in the third quarter. Davis Investment Partners LLC now owns 7,698 shares of the solar cell manufacturer's stock valued at $1,805,000 after purchasing an additional 46 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of First Solar by 0.5% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 9,172 shares of the solar cell manufacturer's stock worth $2,068,000 after purchasing an additional 49 shares in the last quarter. Gilman Hill Asset Management LLC increased its position in First Solar by 2.8% in the 3rd quarter. Gilman Hill Asset Management LLC now owns 1,825 shares of the solar cell manufacturer's stock valued at $455,000 after buying an additional 50 shares in the last quarter. Finally, Covestor Ltd boosted its holdings in First Solar by 6.4% in the third quarter. Covestor Ltd now owns 916 shares of the solar cell manufacturer's stock worth $229,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 92.08% of the company's stock.

First Solar Company Profile

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.