Q2 Earnings Forecast for First Solar Issued By Roth Capital

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Equities research analysts at Roth Capital cut their Q2 2025 EPS estimates for First Solar in a note issued to investors on Wednesday, April 30th. Roth Capital analyst P. Shen now expects that the solar cell manufacturer will post earnings of $2.63 per share for the quarter, down from their prior estimate of $4.75. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. Roth Capital also issued estimates for First Solar's Q3 2025 earnings at $4.51 EPS, Q4 2025 earnings at $5.68 EPS, FY2025 earnings at $14.77 EPS, Q2 2026 earnings at $4.46 EPS, Q3 2026 earnings at $5.99 EPS, Q4 2026 earnings at $7.16 EPS and FY2026 earnings at $20.80 EPS.

A number of other research firms have also weighed in on FSLR. Glj Research raised shares of First Solar from a "hold" rating to a "buy" rating and set a $172.37 price target for the company in a report on Thursday. 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 report on Wednesday. Bank of America reduced their target price on First Solar from $236.00 to $215.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Piper Sandler decreased their price objective on shares of First Solar from $230.00 to $205.00 and set an "overweight" rating for the company in a report on Monday, April 21st. Finally, Royal Bank of Canada dropped their target price on shares of First Solar from $237.00 to $214.00 and set an "outperform" rating on the stock in a report on Wednesday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $223.87.

First Solar Stock Performance

First Solar stock opened at $126.57 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. First Solar has a one year low of $116.56 and a one year high of $306.77. The stock's 50 day moving average price is $131.37 and its 200 day moving average price is $166.87. The firm has a market capitalization of $13.57 billion, a PE ratio of 10.90, a price-to-earnings-growth ratio of 0.19 and a beta of 1.48.

First Solar (NASDAQ:FSLR - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $844.57 million for the quarter, compared to analyst estimates of $863.11 million. First Solar had a net margin of 32.41% and a return on equity of 17.56%. The company's quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the firm earned $2.20 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Clear Harbor Asset Management LLC boosted its stake in First Solar by 0.6% in the fourth quarter. Clear Harbor Asset Management LLC now owns 9,210 shares of the solar cell manufacturer's stock valued at $1,623,000 after acquiring an additional 55 shares during the last quarter. Doliver Advisors LP lifted its holdings in First Solar by 1.2% during the fourth quarter. Doliver Advisors LP now owns 4,713 shares of the solar cell manufacturer's stock worth $831,000 after acquiring an additional 56 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in First Solar by 31.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer's stock worth $47,000 after purchasing an additional 63 shares in the last quarter. Independent Advisor Alliance lifted its stake in First Solar by 3.1% in the fourth quarter. Independent Advisor Alliance now owns 2,090 shares of the solar cell manufacturer's stock valued at $368,000 after buying an additional 63 shares in the last quarter. Finally, Huntington National Bank boosted its holdings in shares of First Solar by 15.3% in the fourth quarter. Huntington National Bank now owns 511 shares of the solar cell manufacturer's stock valued at $90,000 after buying an additional 68 shares during the period. Institutional investors own 92.08% of the company's stock.

Insiders Place Their Bets

In other First Solar news, CEO Mark R. Widmar sold 21,542 shares of the company's stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.09, for a total transaction of $3,039,360.78. Following the sale, the chief executive officer now directly owns 103,403 shares of the company's stock, valued at approximately $14,589,129.27. This represents a 17.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kuntal Kumar Verma sold 7,475 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $136.60, for a total value of $1,021,085.00. Following the sale, the insider now owns 3,549 shares of the company's stock, valued at approximately $484,793.40. The trade was a 67.81 % decrease in their position. 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 quarter. Company insiders own 0.48% 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.

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