Q3 Earnings Forecast for First Solar Issued By William Blair

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Investment analysts at William Blair lowered their Q3 2025 EPS estimates for First Solar in a note issued to investors on Wednesday, April 30th. William Blair analyst J. Dorsheimer now expects that the solar cell manufacturer will earn $3.70 per share for the quarter, down from their prior forecast of $3.88. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. William Blair also issued estimates for First Solar's Q3 2026 earnings at $7.11 EPS and Q4 2026 earnings at $7.62 EPS.

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

A number of other research firms have also recently commented on FSLR. StockNews.com cut First Solar from a "hold" rating to a "sell" rating in a report on Friday. BMO Capital Markets lowered their price target on First Solar from $200.00 to $187.00 and set an "outperform" rating for the company in a report on Wednesday. Roth Mkm reissued a "buy" rating and set a $280.00 price objective on shares of First Solar in a research report on Wednesday, February 26th. Citigroup decreased their target price on shares of First Solar from $254.00 to $236.00 and set a "neutral" rating on the stock in a research report on Wednesday, February 26th. Finally, Susquehanna decreased their price objective on shares of First Solar from $223.00 to $217.00 and set a "positive" rating on the stock in a report on Monday, April 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $223.87.

First Solar Trading Up 3.1 %

FSLR stock traded up $3.97 during trading on Thursday, reaching $130.54. 3,393,776 shares of the stock were exchanged, compared to its average volume of 2,857,118. The business has a 50 day moving average price of $131.03 and a 200-day moving average price of $166.11. First Solar has a 1 year low of $116.56 and a 1 year high of $306.77. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $14.00 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 0.19 and a beta of 1.48.

Insider Activity at First Solar

In related news, CTO Markus Gloeckler sold 380 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $133.75, for a total transaction of $50,825.00. Following the completion of the sale, the chief technology officer now directly owns 17,594 shares of the company's stock, valued at $2,353,197.50. This trade represents a 2.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark R. Widmar sold 1,272 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 $169,125.12. Following the transaction, the chief executive officer now owns 109,000 shares of the company's stock, valued at approximately $14,492,640. The trade was a 1.15 % 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 in the last 90 days. 0.48% of the stock is owned by insiders.

Institutional Investors Weigh In On First Solar

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in First Solar by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,821,701 shares of the solar cell manufacturer's stock worth $2,259,697,000 after buying an additional 120,289 shares in the last quarter. Geode Capital Management LLC boosted its position in First Solar by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 2,666,242 shares of the solar cell manufacturer's stock worth $469,154,000 after purchasing an additional 63,739 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of First Solar by 12.5% during the 4th quarter. Wellington Management Group LLP now owns 2,359,846 shares of the solar cell manufacturer's stock worth $415,899,000 after buying an additional 262,482 shares during the last quarter. Invesco Ltd. increased its holdings in First Solar by 13.9% during the 4th quarter. Invesco Ltd. now owns 1,835,056 shares of the solar cell manufacturer's stock valued at $323,410,000 after acquiring an additional 223,933 shares in the last quarter. Finally, Amundi raised its position in First Solar by 31.0% during the fourth quarter. Amundi now owns 1,805,244 shares of the solar cell manufacturer's stock worth $336,871,000 after acquiring an additional 426,797 shares during the last quarter. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

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.