First Solar (FSLR) Expected to Announce Quarterly Earnings on Thursday

First Solar (NASDAQ:FSLR - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Thursday, July 31st. Analysts expect the company to announce earnings of $2.63 per share and revenue of $1.03 billion for the quarter. First Solar has set its FY 2025 guidance at 12.500-17.500 EPS.

First Solar (NASDAQ:FSLR - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $2.50 by ($0.55). The firm had revenue of $844.57 million during the quarter, compared to analysts' expectations of $863.11 million. First Solar had a net margin of 29.72% and a return on equity of 16.32%. The business's quarterly revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.20 earnings per share. On average, analysts expect First Solar to post $13 EPS for the current fiscal year and $20 EPS for the next fiscal year.

First Solar Stock Up 2.5%

NASDAQ:FSLR traded up $4.60 on Friday, reaching $185.32. The stock had a trading volume of 2,047,103 shares, compared to its average volume of 3,608,725. The company has a current ratio of 1.93, a quick ratio of 1.39 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average of $163.95 and a 200 day moving average of $153.65. The stock has a market cap of $19.87 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 0.35 and a beta of 1.52. First Solar has a 12-month low of $116.56 and a 12-month high of $262.72.

Insiders Place Their Bets

In other First Solar news, insider Michael Koralewski sold 2,951 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $158.21, for a total value of $466,877.71. Following the completion of the sale, the insider directly owned 11,369 shares in the company, valued at $1,798,689.49. This represents a 20.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Patrick James Buehler sold 1,600 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $180.00, for a total value of $288,000.00. Following the completion of the sale, the insider owned 4,398 shares of the company's stock, valued at $791,640. This trade represents a 26.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,976 shares of company stock worth $2,515,172 over the last ninety days. Company insiders own 0.48% of the company's stock.

Institutional Trading of First Solar

A hedge fund recently raised its stake in First Solar stock. Woodline Partners LP increased its position in First Solar, Inc. (NASDAQ:FSLR - Free Report) by 40.7% in the first quarter, according to its most recent 13F filing with the SEC. The firm owned 9,044 shares of the solar cell manufacturer's stock after purchasing an additional 2,615 shares during the period. Woodline Partners LP's holdings in First Solar were worth $1,143,000 at the end of the most recent reporting period. 92.08% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FSLR. JPMorgan Chase & Co. increased their price target on shares of First Solar from $200.00 to $208.00 and gave the stock an "overweight" rating in a research report on Tuesday. Glj Research raised shares of First Solar from a "hold" rating to a "buy" rating and set a $172.37 price target on the stock in a research report on Thursday, May 1st. Oppenheimer cut shares of First Solar from an "outperform" rating to a "market perform" rating in a research report on Wednesday, April 30th. Royal Bank Of Canada increased their price target on shares of First Solar from $188.00 to $200.00 and gave the stock an "outperform" rating in a research report on Tuesday, July 1st. Finally, UBS Group reaffirmed a "positive" rating on shares of First Solar in a research report on Tuesday, July 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $225.73.

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.