Zacks Research Forecasts Increased Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Zacks Research lifted their Q4 2025 earnings estimates for First Solar in a note issued to investors on Wednesday, June 25th. Zacks Research analyst R. Department now forecasts that the solar cell manufacturer will post earnings per share of $5.22 for the quarter, up from their prior estimate of $5.19. The consensus estimate for First Solar's current full-year earnings is $13.05 per share. Zacks Research also issued estimates for First Solar's Q1 2026 earnings at $3.07 EPS, Q2 2026 earnings at $3.99 EPS, Q3 2026 earnings at $5.50 EPS, Q4 2026 earnings at $6.99 EPS, FY2026 earnings at $19.56 EPS and Q1 2027 earnings at $4.24 EPS.

Several other research analysts also recently weighed in on the company. KeyCorp downgraded First Solar from a "sector weight" rating to an "underweight" rating and set a $100.00 target price on the stock. in a research note on Wednesday, April 30th. Redburn Atlantic began coverage on shares of First Solar in a research note on Monday, March 3rd. They issued a "neutral" rating on the stock. Morgan Stanley set a $223.00 target price on shares of First Solar and gave the stock an "overweight" rating in a research note on Wednesday, April 23rd. Jefferies Financial Group raised shares of First Solar from a "hold" rating to a "buy" rating and lifted their target price for the company from $157.00 to $192.00 in a report on Wednesday, June 11th. Finally, Truist Financial reissued a "buy" rating and set a $200.00 price target (down from $245.00) on shares of First Solar in a report on Thursday, May 1st. Two analysts have rated the stock with a sell rating, four have issued a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, First Solar currently has an average rating of "Moderate Buy" and a consensus target price of $229.19.

First Solar Stock Performance

Shares of FSLR stock opened at $155.63 on Friday. The stock's 50-day moving average price is $152.12 and its 200 day moving average price is $155.91. The company has a quick ratio of 1.39, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $16.69 billion, a PE ratio of 13.23, a price-to-earnings-growth ratio of 0.31 and a beta of 1.53. First Solar has a 52-week low of $116.56 and a 52-week high of $262.72.

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

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in First Solar by 3.0% in the first quarter. Vanguard Group Inc. now owns 13,200,342 shares of the solar cell manufacturer's stock valued at $1,668,919,000 after purchasing an additional 378,641 shares during the last quarter. Wellington Management Group LLP grew its holdings in First Solar by 17.2% in the 1st quarter. Wellington Management Group LLP now owns 2,765,303 shares of the solar cell manufacturer's stock valued at $349,617,000 after buying an additional 405,457 shares during the period. Geode Capital Management LLC increased its stake in shares of First Solar by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 2,666,242 shares of the solar cell manufacturer's stock valued at $469,154,000 after acquiring an additional 63,739 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of First Solar by 32.3% during the 1st quarter. Invesco Ltd. now owns 2,427,500 shares of the solar cell manufacturer's stock worth $306,909,000 after acquiring an additional 592,444 shares during the period. Finally, Amundi boosted its position in shares of First Solar by 31.0% in 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. Hedge funds and other institutional investors own 92.08% of the company's stock.

Insider Activity

In related news, insider Patrick James Buehler sold 1,868 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $149.08, for a total value of $278,481.44. Following the completion of the transaction, the insider now owns 5,998 shares of the company's stock, valued at approximately $894,181.84. The trade was a 23.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Markus Gloeckler sold 9,557 shares of First Solar stock in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $155.05, for a total transaction of $1,481,812.85. Following the sale, the chief technology officer now owns 8,037 shares of the company's stock, valued at approximately $1,246,136.85. This trade represents a 54.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,376 shares of company stock worth $2,227,172 over the last ninety days. 0.48% of the stock is currently owned by insiders.

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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