First Solar (FSLR) Expected to Announce Earnings on Thursday

First Solar (NASDAQ:FSLR - Get Free Report) is expected to be posting its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect First Solar to post earnings of $4.67 per share and revenue of $1.29 billion for the quarter. Parties can find conference call details on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

First Solar (NASDAQ:FSLR - Get Free Report) last posted its earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating analysts' consensus estimates of $2.90 by $1.02. First Solar had a return on equity of 18.02% and a net margin of 32.47%. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.06 billion. During the same quarter in the previous year, the firm earned $3.18 EPS. The company's quarterly revenue was down 3.4% compared to the same quarter last year. On average, analysts expect First Solar to post $17.63 EPS for the current fiscal year and $24.47 EPS for the next fiscal year.

First Solar Trading Up 0.2%

Shares of First Solar stock opened at $174.82 on Thursday. The company's 50-day moving average price is $194.98 and its 200-day moving average price is $218.71. First Solar has a 12-month low of $168.60 and a 12-month high of $320.95. The company has a market cap of $18.78 billion, a price-to-earnings ratio of 10.78, a PEG ratio of 0.47 and a beta of 1.80.

Analysts Set New Price Targets

Several analysts have issued reports on FSLR shares. Guggenheim reiterated a "buy" rating on shares of First Solar in a research note on Monday, September 28th. Roth Capital reissued a "buy" rating and issued a $300.00 price target on shares of First Solar in a report on Friday, July 24th. Truist Financial set a $270.00 price target on shares of First Solar and gave the stock a "buy" rating in a report on Monday, October 12th. Evercore reaffirmed a "positive" rating and issued a $218.00 price target on shares of First Solar in a report on Monday, August 17th. Finally, Argus reiterated a "buy" rating and issued a $275.00 price objective on shares of First Solar in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, First Solar presently has a consensus rating of "Moderate Buy" and a consensus price target of $265.73.

Insider Transactions at First Solar

In related news, CTO Markus Gloeckler sold 3,425 shares of the firm's stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $218.95, for a total transaction of $749,903.75. Following the transaction, the chief technology officer directly owned 7,471 shares of the company's stock, valued at approximately $1,635,775.45. This trade represents a 31.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Samantha L. Sloan sold 127 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $222.95, for a total value of $28,314.65. Following the completion of the sale, the executive vice president owned 2,018 shares of the company's stock, valued at $449,913.10. The trade was a 5.92% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 16,681 shares of company stock valued at $3,756,286 over the last quarter. 0.39% of the stock is owned by company insiders.

First Solar Company Profile

First Solar, Inc is a vertically integrated solar technology and manufacturing company that designs, manufactures and sells photovoltaic (PV) solar modules. Its modules use advanced thin-film semiconductor technology based on cadmium telluride (CdTe), rather than the crystalline-silicon technology used by most solar manufacturers. The company serves utility-scale solar developers, commercial and industrial customers, and other large-scale energy users.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar operates research and development, manufacturing and recycling facilities in the United States and internationally.

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