Zacks Research Predicts Stronger Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Analysts at Zacks Research raised their Q4 2025 earnings per share (EPS) estimates for shares of First Solar in a research report issued on Wednesday, June 18th. Zacks Research analyst R. Department now forecasts that the solar cell manufacturer will earn $5.19 per share for the quarter, up from their prior estimate of $5.17. 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 Q2 2026 earnings at $3.95 EPS, Q3 2026 earnings at $5.40 EPS, Q4 2026 earnings at $6.66 EPS, FY2026 earnings at $19.06 EPS and FY2027 earnings at $26.55 EPS.

Several other research firms have also recently issued reports on FSLR. Robert W. Baird decreased their price objective on First Solar from $267.00 to $240.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Piper Sandler decreased their price objective on First Solar from $230.00 to $205.00 and set an "overweight" rating on the stock in a report on Monday, April 21st. Glj Research upgraded First Solar from a "hold" rating to a "buy" rating and set a $172.37 price objective on the stock in a report on Thursday, May 1st. TD Cowen decreased their price objective on First Solar from $275.00 to $200.00 and set a "buy" rating on the stock in a report on Wednesday, April 30th. Finally, Mizuho raised their price objective on First Solar from $251.00 to $275.00 and gave the stock an "outperform" rating in a report on Monday, June 2nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, twenty-five have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $229.19.

First Solar Price Performance

FSLR stock opened at $145.00 on Monday. First Solar has a 52-week low of $116.56 and a 52-week high of $268.12. The stock's fifty day simple moving average is $150.25 and its 200-day simple moving average is $156.62. 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 $15.55 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 0.29 and a beta of 1.53.

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

Insider Buying and Selling at First Solar

In other news, insider Michael Koralewski sold 2,951 shares of the firm's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $158.21, for a total transaction of $466,877.71. Following the completion of the sale, the insider now directly owns 11,369 shares in the company, valued at $1,798,689.49. This trade represents a 20.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Patrick James Buehler sold 1,868 shares of the firm'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 sale, the insider now owns 5,998 shares of the company's stock, valued at $894,181.84. This represents a 23.75% 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 valued at $2,227,172 over the last three months. 0.48% of the stock is owned by company insiders.

Institutional Trading of First Solar

Several large investors have recently modified their holdings of FSLR. SPX Gestao de Recursos Ltda acquired a new stake in shares of First Solar during the fourth quarter valued at about $2,644,000. Atria Wealth Solutions Inc. grew its stake in First Solar by 10.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 10,222 shares of the solar cell manufacturer's stock worth $1,801,000 after purchasing an additional 956 shares in the last quarter. ING Groep NV acquired a new position in First Solar in the fourth quarter worth about $2,600,000. Hudson Edge Investment Partners Inc. acquired a new position in First Solar in the fourth quarter worth about $53,000. Finally, TCW Group Inc. grew its stake in First Solar by 104.5% in the fourth quarter. TCW Group Inc. now owns 33,490 shares of the solar cell manufacturer's stock worth $5,902,000 after purchasing an additional 17,116 shares in the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

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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