Zacks Research Predicts Stronger Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Investment analysts at Zacks Research upped their Q3 2025 EPS estimates for First Solar in a research report issued to clients and investors on Tuesday, December 10th. Zacks Research analyst A. Dutta now forecasts that the solar cell manufacturer will earn $3.88 per share for the quarter, up from their previous forecast of $3.82. 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 $6.31 EPS, FY2025 earnings at $18.58 EPS, Q3 2026 earnings at $5.07 EPS and FY2026 earnings at $22.66 EPS.

A number of other equities research analysts have also weighed in on FSLR. Citigroup raised shares of First Solar from a "neutral" rating to a "buy" rating and raised their price target for the company from $200.00 to $254.00 in a report on Tuesday, October 22nd. StockNews.com upgraded shares of First Solar from a "sell" rating to a "hold" rating in a research report on Tuesday, November 12th. BMO Capital Markets restated an "outperform" rating and issued a $260.00 price target (down from $286.00) on shares of First Solar in a research report on Wednesday, October 30th. William Blair began coverage on shares of First Solar in a report on Thursday, August 29th. They issued a "market perform" rating on the stock. Finally, Mizuho dropped their price objective on shares of First Solar from $274.00 to $257.00 and set a "neutral" rating on the stock in a report on Thursday, October 31st. Four analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, First Solar currently has a consensus rating of "Moderate Buy" and an average target price of $280.71.

First Solar Trading Up 0.8 %

FSLR stock traded up $1.54 on Friday, hitting $197.86. 863,914 shares of the company were exchanged, compared to its average volume of 2,505,805. First Solar has a twelve month low of $135.88 and a twelve month high of $306.77. The business's fifty day moving average is $200.17 and its two-hundred day moving average is $224.38. The stock has a market capitalization of $21.18 billion, a price-to-earnings ratio of 16.91, 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 current ratio of 2.14 and a quick ratio of 1.44.

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 (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 analysts' expectations of $1.07 billion. During the same period last year, the company earned $2.50 EPS. The firm's revenue for the quarter was up 10.7% on a year-over-year basis.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. AlphaMark Advisors LLC acquired a new position in First Solar during the third quarter worth $25,000. Strengthening Families & Communities LLC bought a new position in shares of First Solar in the third quarter worth about $25,000. Kennebec Savings Bank bought a new position in shares of First Solar in the third quarter worth about $29,000. Atlas Capital Advisors LLC lifted its holdings in shares of First Solar by 411.1% in 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 during the last quarter. Finally, Larson Financial Group LLC increased its stake in shares of First Solar by 214.0% in the third quarter. Larson Financial Group LLC now owns 157 shares of the solar cell manufacturer's stock valued at $39,000 after buying an additional 107 shares during the period. 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.