Q2 EPS Estimates for First Solar Lowered by Zacks Research

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of First Solar in a report released on Tuesday, March 18th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will post earnings per share of $4.17 for the quarter, down from their prior estimate of $4.60. 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 FY2027 earnings at $31.20 EPS.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Tuesday, February 25th. The solar cell manufacturer reported $3.65 EPS for the quarter, missing the consensus estimate of $4.81 by ($1.16). The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. First Solar had a return on equity of 17.56% and a net margin of 32.41%.

Other research analysts also recently issued research reports about the company. Mizuho raised First Solar from a “neutral” rating to an “outperform” rating and increased their target price for the company from $218.00 to $259.00 in a report on Tuesday, February 11th. Bank of America dropped their price objective on shares of First Solar from $246.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, January 28th. StockNews.com raised shares of First Solar from a “sell” rating to a “hold” rating in a report on Thursday, January 2nd. JPMorgan Chase & Co. dropped their price target on shares of First Solar from $282.00 to $268.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 26th. Finally, Morgan Stanley reduced their price objective on First Solar from $297.00 to $238.00 and set an “overweight” rating for the company in a research note on Thursday, February 27th. Four research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $262.08.

First Solar Trading Up 2.2 %

NASDAQ:FSLR opened at $131.32 on Thursday. The company has a 50 day simple moving average of $156.26 and a two-hundred day simple moving average of $188.22. The company has a market cap of $14.06 billion, a PE ratio of 11.31, a price-to-earnings-growth ratio of 0.19 and a beta of 1.52. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. First Solar has a 12 month low of $124.96 and a 12 month high of $306.77.

Institutional Trading of First Solar

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Larson Financial Group LLC increased its position in First Solar by 214.0% during the third quarter. Larson Financial Group LLC now owns 157 shares of the solar cell manufacturer’s stock valued at $39,000 after acquiring an additional 107 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in First Solar by 31.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer’s stock valued at $47,000 after purchasing an additional 63 shares during the last quarter. Crews Bank & Trust purchased a new stake in First Solar in the 4th quarter worth about $53,000. Hudson Edge Investment Partners Inc. bought a new stake in First Solar in the fourth quarter worth about $53,000. Finally, Banque Transatlantique SA purchased a new position in shares of First Solar during the fourth quarter valued at approximately $53,000. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insider Activity at First Solar

In other First Solar news, insider Kuntal Kumar Verma sold 7,475 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $136.60, for a total transaction of $1,021,085.00. Following the completion of the transaction, the insider now owns 3,549 shares in the company, valued at $484,793.40. This trade represents a 67.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark R. Widmar sold 21,542 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $141.09, for a total transaction of $3,039,360.78. Following the completion of the transaction, the chief executive officer now directly owns 103,403 shares of the company’s stock, valued at approximately $14,589,129.27. The trade was a 17.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 34,311 shares of company stock valued at $4,767,158. Insiders own 0.58% 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.