Q2 Earnings Estimate for First Solar Issued By KeyCorp

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Research analysts at KeyCorp issued their Q2 2025 earnings per share estimates for shares of First Solar in a report issued on Tuesday, April 29th. KeyCorp analyst S. Karp forecasts that the solar cell manufacturer will earn $3.28 per share for the quarter. KeyCorp currently has a "Underweight" rating and a $100.00 target price on the stock. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. KeyCorp also issued estimates for First Solar's Q3 2025 earnings at $4.26 EPS, Q4 2025 earnings at $5.22 EPS, FY2025 earnings at $14.71 EPS, FY2026 earnings at $22.80 EPS and FY2027 earnings at $25.74 EPS.

Several other research analysts have also recently issued reports on FSLR. Robert W. Baird reduced their price objective on First Solar from $267.00 to $240.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Wells Fargo & Company decreased their price objective on shares of First Solar from $191.00 to $177.00 and set an "overweight" rating for the company in a research note on Wednesday. Guggenheim cut their price objective on shares of First Solar from $253.00 to $202.00 and set a "buy" rating on the stock in a research note on Thursday. TD Cowen decreased their target price on shares of First Solar from $275.00 to $200.00 and set a "buy" rating for the company in a research report on Wednesday. Finally, Seaport Res Ptn raised First Solar from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 15th. Two research analysts have rated the stock with a sell rating, five have assigned 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.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $223.87.

First Solar Stock Performance

First Solar stock traded up $3.97 during mid-day trading on Friday, reaching $130.54. 3,393,776 shares of the company traded hands, compared to its average volume of 2,857,118. First Solar has a fifty-two week low of $116.56 and a fifty-two week high of $306.77. The firm's fifty day moving average is $131.03 and its two-hundred day moving average is $165.85. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 1.44. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 0.19 and a beta of 1.48.

First Solar (NASDAQ:FSLR - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.55). The business had revenue of $844.57 million during the quarter, compared to analyst estimates of $863.11 million. First Solar had a return on equity of 17.56% and a net margin of 32.41%. First Solar's revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.20 EPS.

Insider Activity

In other news, insider Georges Antoun sold 229 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $133.75, for a total value of $30,628.75. Following the completion of the sale, the insider now directly owns 52,836 shares in the company, valued at $7,066,815. This represents a 0.43 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark R. Widmar sold 21,542 shares of the business's stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $141.09, for a total transaction of $3,039,360.78. Following the transaction, the chief executive officer now owns 103,403 shares in the company, valued at $14,589,129.27. The trade was a 17.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,311 shares of company stock worth $4,767,158 over the last quarter. 0.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Saturna Capital Corp grew its position in shares of First Solar by 15.3% in the first quarter. Saturna Capital Corp now owns 6,113 shares of the solar cell manufacturer's stock valued at $773,000 after purchasing an additional 809 shares in the last quarter. Forum Financial Management LP grew its holdings in First Solar by 4.4% in the 1st quarter. Forum Financial Management LP now owns 3,255 shares of the solar cell manufacturer's stock valued at $412,000 after buying an additional 136 shares in the last quarter. Litman Gregory Wealth Management LLC purchased a new position in shares of First Solar during the 1st quarter worth $243,000. Trust Investment Advisors boosted its position in shares of First Solar by 3.5% during the 1st quarter. Trust Investment Advisors now owns 3,896 shares of the solar cell manufacturer's stock valued at $493,000 after acquiring an additional 133 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of First Solar by 7.0% in the first quarter. Victory Capital Management Inc. now owns 38,762 shares of the solar cell manufacturer's stock valued at $4,901,000 after purchasing an additional 2,519 shares during the period. 92.08% of the stock is owned by hedge funds and other institutional investors.

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.