First Solar (NASDAQ:FSLR) Issues FY 2025 Earnings Guidance

First Solar (NASDAQ:FSLR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 17.000-20.000 for the period, compared to the consensus estimate of 20.700. The company issued revenue guidance of $5.3 billion-$5.8 billion, compared to the consensus revenue estimate of $5.5 billion. First Solar also updated its FY 2025 guidance to 17.000-20.000 EPS.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Janney Montgomery Scott raised shares of First Solar from a “neutral” rating to a “buy” rating and set a $260.00 target price for the company in a report on Tuesday, October 29th. BMO Capital Markets restated an “outperform” rating and issued a $260.00 price target (down from $286.00) on shares of First Solar in a research note on Wednesday, October 30th. Mizuho raised First Solar from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $218.00 to $259.00 in a report on Tuesday, February 11th. Wells Fargo & Company dropped their target price on First Solar from $240.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Finally, Guggenheim restated a “buy” rating and issued a $335.00 price target on shares of First Solar in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, First Solar presently has an average rating of “Buy” and a consensus target price of $276.38.

First Solar Trading Down 3.6 %

Shares of NASDAQ:FSLR traded down $5.45 during midday trading on Tuesday, hitting $147.46. 4,887,630 shares of the stock traded hands, compared to its average volume of 2,335,875. The stock has a market capitalization of $15.79 billion, a PE ratio of 12.70, a P/E/G ratio of 0.19 and a beta of 1.47. First Solar has a one year low of $141.76 and a one year high of $306.77. The business’s 50 day moving average is $175.36 and its two-hundred day moving average is $199.83. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05.

First Solar (NASDAQ:FSLR) last released its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. As a group, research analysts forecast that First Solar will post 13.05 earnings per share for the current year.

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.