FY2025 EPS Estimates for First Solar Increased by Analyst

First Solar, Inc. (NASDAQ:FSLR) – Equities researchers at Zacks Research boosted their FY2025 earnings estimates for First Solar in a research report issued to clients and investors on Tuesday, December 24th. Zacks Research analyst A. Dutta now forecasts that the solar cell manufacturer will post earnings of $18.73 per share for the year, up from their previous estimate of $18.58. The consensus estimate for First Solar’s current full-year earnings is $13.15 per share. Zacks Research also issued estimates for First Solar’s Q4 2025 earnings at $6.47 EPS, Q3 2026 earnings at $5.20 EPS and FY2026 earnings at $22.94 EPS.

First Solar (NASDAQ:FSLR) last released its earnings results on Tuesday, October 29th. The solar cell manufacturer reported $2.91 EPS for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.19). The business had revenue of $887.70 million during the quarter, compared to the consensus estimate of $1.07 billion. First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.50 earnings per share.

A number of other equities research analysts have also issued reports on the company. Bank of America cut their target price on First Solar from $321.00 to $269.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Royal Bank of Canada cut their price target on shares of First Solar from $315.00 to $280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. StockNews.com lowered shares of First Solar from a “hold” rating to a “sell” rating in a research note on Wednesday. Seaport Res Ptn upgraded shares of First Solar to a “hold” rating in a research report on Tuesday, November 5th. Finally, Citigroup upgraded First Solar from a “neutral” rating to a “buy” rating and increased their target price for the company from $200.00 to $254.00 in a report on Tuesday, October 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $279.04.

First Solar Price Performance

Shares of NASDAQ:FSLR opened at $182.63 on Friday. The company has a market capitalization of $19.55 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 0.35 and a beta of 1.46. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The stock has a fifty day moving average of $194.09 and a 200-day moving average of $217.11. First Solar has a one year low of $135.88 and a one year high of $306.77.

Institutional Investors Weigh In On First Solar

Large investors have recently added to or reduced their stakes in the stock. Massmutual Trust Co. FSB ADV boosted its holdings in shares of First Solar by 14.5% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 356 shares of the solar cell manufacturer’s stock worth $89,000 after buying an additional 45 shares during the period. Davis Investment Partners LLC boosted its holdings in First Solar by 0.6% during the third quarter. Davis Investment Partners LLC now owns 7,698 shares of the solar cell manufacturer’s stock valued at $1,805,000 after acquiring an additional 46 shares during the period. Oregon Public Employees Retirement Fund grew its position in shares of First Solar by 0.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 9,172 shares of the solar cell manufacturer’s stock valued at $2,068,000 after purchasing an additional 49 shares during the last quarter. Gilman Hill Asset Management LLC increased its stake in shares of First Solar by 2.8% in the third quarter. Gilman Hill Asset Management LLC now owns 1,825 shares of the solar cell manufacturer’s stock worth $455,000 after purchasing an additional 50 shares during the period. Finally, Covestor Ltd lifted its position in shares of First Solar by 6.4% during the 3rd quarter. Covestor Ltd now owns 916 shares of the solar cell manufacturer’s stock worth $229,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

About First Solar

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.