Zacks Research Increases Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR - Free Report) - Stock analysts at Zacks Research increased their Q4 2025 earnings per share estimates for First Solar in a research report issued on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the solar cell manufacturer will post earnings per share of $5.19 for the quarter, up from their previous forecast 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 analysts have also recently commented on the company. UBS Group reaffirmed a "buy" rating and issued a $255.00 target price on shares of First Solar in a research report on Wednesday, May 14th. JPMorgan Chase & Co. cut their price objective on First Solar from $282.00 to $268.00 and set an "overweight" rating for the company in a report on Wednesday, February 26th. TD Cowen cut their price objective on First Solar from $275.00 to $200.00 and set a "buy" rating for the company in a report on Wednesday, April 30th. Jefferies Financial Group raised First Solar from a "hold" rating to a "buy" rating and lifted their price objective for the company from $157.00 to $192.00 in a report on Wednesday, June 11th. Finally, Bank of America cut their price objective on First Solar from $236.00 to $215.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, twenty-five have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $229.19.

First Solar Stock Performance

FSLR stock traded up $2.93 during midday trading on Monday, hitting $155.63. The stock had a trading volume of 4,123,627 shares, compared to its average volume of 3,182,348. The firm has a market capitalization of $16.69 billion, a price-to-earnings ratio of 13.23, a P/E/G 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. The stock has a 50-day simple moving average of $152.12 and a 200 day simple moving average of $155.91. The company has a current ratio of 1.93, a quick ratio of 1.39 and a debt-to-equity ratio of 0.04.

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

Institutional Investors Weigh In On First Solar

Several institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC lifted its stake in First Solar by 31.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer's stock valued at $47,000 after acquiring an additional 63 shares in the last quarter. Independent Advisor Alliance raised its stake in shares of First Solar by 3.1% during the 4th quarter. Independent Advisor Alliance now owns 2,090 shares of the solar cell manufacturer's stock worth $368,000 after purchasing an additional 63 shares in the last quarter. Harvest Portfolios Group Inc. raised its stake in shares of First Solar by 3.9% during the 1st quarter. Harvest Portfolios Group Inc. now owns 1,658 shares of the solar cell manufacturer's stock worth $210,000 after purchasing an additional 63 shares in the last quarter. Legend Financial Advisors Inc. raised its stake in shares of First Solar by 1.4% during the 1st quarter. Legend Financial Advisors Inc. now owns 4,726 shares of the solar cell manufacturer's stock worth $598,000 after purchasing an additional 64 shares in the last quarter. Finally, Huntington National Bank raised its stake in shares of First Solar by 15.3% during the 4th quarter. Huntington National Bank now owns 511 shares of the solar cell manufacturer's stock worth $90,000 after purchasing an additional 68 shares in the last quarter. Institutional investors own 92.08% of the company's stock.

Insider Buying and Selling

In other First Solar news, insider Michael Koralewski sold 2,951 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $158.21, for a total value of $466,877.71. Following the sale, the insider now owns 11,369 shares in the company, valued at approximately $1,798,689.49. The trade was a 20.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Patrick James Buehler sold 1,868 shares of the business's stock in a transaction that occurred on 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 sale, the insider now owns 5,998 shares in the company, valued at $894,181.84. The trade was a 23.75% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 14,376 shares of company stock worth $2,227,172 over the last three months. 0.48% of the stock is currently owned by company 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.