Q2 EPS Estimates for First Solar Reduced by Zacks Research

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Research analysts at Zacks Research decreased their Q2 2025 earnings per share estimates for First Solar in a research report issued on Tuesday, March 18th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will post earnings of $4.17 per share for the quarter, down from their previous estimate of $4.60. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. Zacks Research also issued estimates for First Solar's FY2027 earnings at $31.20 EPS.

Several other equities research analysts have also recently weighed in on the company. Royal Bank of Canada reduced their price objective on First Solar from $280.00 to $251.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Seaport Res Ptn raised First Solar from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 15th. Bank of America reduced their price objective on First Solar from $246.00 to $236.00 and set a "buy" rating on the stock in a research note on Tuesday, January 28th. Mizuho raised First Solar from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $218.00 to $259.00 in a research note on Tuesday, February 11th. Finally, Redburn Atlantic assumed coverage on First Solar in a research note on Monday, March 3rd. They set a "neutral" rating on the stock. Four analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $262.08.

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First Solar Price Performance

Shares of FSLR stock traded up $2.86 during trading hours on Thursday, hitting $131.32. The stock had a trading volume of 4,507,994 shares, compared to its average volume of 2,575,179. The stock's 50-day moving average price is $156.26 and its two-hundred day moving average price is $187.86. 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 has a one year low of $124.96 and a one year high of $306.77. The stock has a market capitalization of $14.06 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 0.19 and a beta of 1.52.

First Solar (NASDAQ:FSLR - Get Free Report) last issued its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion.

Insiders Place Their Bets

In other news, insider Kuntal Kumar Verma sold 419 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of $132.96, for a total transaction of $55,710.24. Following the transaction, the insider now directly owns 4,695 shares of the company's stock, valued at approximately $624,247.20. This represents a 8.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Mark R. Widmar sold 1,966 shares of the company's stock in a transaction on Monday, March 17th. The stock was sold at an average price of $133.75, for a total value of $262,952.50. Following the transaction, the chief executive officer now directly owns 111,890 shares in the company, valued at approximately $14,965,287.50. The trade was a 1.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 34,311 shares of company stock worth $4,767,158 over the last 90 days. Company insiders own 0.58% of the company's stock.

Hedge Funds Weigh In On First Solar

A number of large investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC increased its position in shares of First Solar by 3.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,134 shares of the solar cell manufacturer's stock worth $1,081,000 after purchasing an additional 222 shares in the last quarter. Lighthouse Financial LLC acquired a new position in shares of First Solar during the fourth quarter worth $363,000. Siemens Fonds Invest GmbH increased its position in shares of First Solar by 147.9% during the fourth quarter. Siemens Fonds Invest GmbH now owns 2,749 shares of the solar cell manufacturer's stock worth $484,000 after purchasing an additional 1,640 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of First Solar in the 4th quarter valued at $43,442,000. Finally, Mackenzie Financial Corp increased its position in shares of First Solar by 4.7% in the 4th quarter. Mackenzie Financial Corp now owns 16,276 shares of the solar cell manufacturer's stock valued at $2,868,000 after acquiring an additional 738 shares during the period. 92.08% of the stock is owned by institutional investors and hedge funds.

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.