Zacks Research Lifts Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Zacks Research lifted their FY2025 earnings estimates for shares of First Solar in a report issued on Tuesday, December 24th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will post earnings per share of $18.73 for the year, up from their prior forecast 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.

Several other brokerages have also commented on FSLR. Seaport Res Ptn raised shares of First Solar to a “hold” rating in a research report on Tuesday, November 5th. Truist Financial began coverage on First Solar in a research note on Thursday, September 26th. They set a “buy” rating and a $300.00 price objective on the stock. Robert W. Baird reduced their price target on shares of First Solar from $307.00 to $267.00 and set an “outperform” rating on the stock in a research report on Wednesday, December 18th. Wells Fargo & Company lowered their price target on shares of First Solar from $250.00 to $240.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Finally, Morgan Stanley reduced their target price on shares of First Solar from $329.00 to $297.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $279.04.

First Solar Trading Down 0.6 %

NASDAQ FSLR opened at $182.63 on Friday. The stock 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. First Solar has a 52 week low of $135.88 and a 52 week high of $306.77. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. The firm has a 50 day moving average of $194.09 and a two-hundred day moving average of $217.65.

First Solar (NASDAQ:FSLR) last posted 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). First Solar had a net margin of 32.41% and a return on equity of 17.56%. The business had revenue of $887.70 million during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the firm earned $2.50 EPS. First Solar’s revenue for the quarter was up 10.7% compared to the same quarter last year.

Institutional Trading of First Solar

Hedge funds have recently modified their holdings of the company. Electron Capital Partners LLC increased its position in First Solar by 81,947.0% in the 2nd quarter. Electron Capital Partners LLC now owns 7,669,757 shares of the solar cell manufacturer’s stock valued at $1,729,223,000 after acquiring an additional 7,660,409 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of First Solar by 75.8% in the third quarter. Wellington Management Group LLP now owns 2,097,364 shares of the solar cell manufacturer’s stock valued at $523,166,000 after purchasing an additional 904,498 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in First Solar by 1,757.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 546,193 shares of the solar cell manufacturer’s stock worth $136,242,000 after purchasing an additional 516,783 shares during the last quarter. Merewether Investment Management LP lifted its holdings in First Solar by 993.4% during the 3rd quarter. Merewether Investment Management LP now owns 322,936 shares of the solar cell manufacturer’s stock worth $80,553,000 after buying an additional 293,400 shares in the last quarter. Finally, Erste Asset Management GmbH bought a new position in First Solar in the 3rd quarter valued at $67,652,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

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.