First Solar, Inc. (NASDAQ:FSLR – Free Report) – Stock analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for shares of First Solar in a research report issued to clients and investors on Wednesday, February 26th. Roth Capital analyst P. Shen now forecasts that the solar cell manufacturer will earn $2.43 per share for the quarter, down from their previous forecast of $3.09. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Roth Capital also issued estimates for First Solar’s Q2 2025 earnings at $4.75 EPS, Q3 2025 earnings at $5.33 EPS, Q4 2025 earnings at $6.25 EPS, FY2025 earnings at $18.77 EPS, Q1 2026 earnings at $3.30 EPS, Q2 2026 earnings at $5.78 EPS, Q3 2026 earnings at $6.93 EPS, Q4 2026 earnings at $8.25 EPS and FY2026 earnings at $24.27 EPS.
A number of other brokerages also recently issued reports on FSLR. Barclays reduced their price target on First Solar from $275.00 to $273.00 and set an “overweight” rating on the stock in a report on Monday, January 27th. UBS Group decreased their target price on First Solar from $360.00 to $285.00 and set a “buy” rating for the company in a report on Wednesday. Truist Financial reissued a “buy” rating and set a $285.00 price objective (down from $300.00) on shares of First Solar in a research report on Wednesday. Royal Bank of Canada dropped their target price on shares of First Solar from $280.00 to $251.00 and set an “outperform” rating for the company in a research report on Wednesday. Finally, 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. Three equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, First Solar currently has an average rating of “Moderate Buy” and a consensus price target of $263.63.
First Solar Price Performance
Shares of First Solar stock opened at $141.18 on Friday. The firm has a market cap of $15.11 billion, a PE ratio of 12.16, a price-to-earnings-growth ratio of 0.19 and a beta of 1.47. The company’s fifty day simple moving average is $173.30 and its two-hundred day simple moving average is $198.68. 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 has a 12-month low of $140.84 and a 12-month high of $306.77.
First Solar (NASDAQ:FSLR – Get Free Report) last issued its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Strengthening Families & Communities LLC purchased a new position in First Solar in the 3rd quarter worth about $25,000. Kennebec Savings Bank purchased a new position in shares of First Solar during the third quarter valued at approximately $29,000. Larson Financial Group LLC lifted 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 purchasing an additional 107 shares during the period. Smartleaf Asset Management LLC boosted its holdings in First Solar by 31.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer’s stock worth $47,000 after purchasing an additional 63 shares during the last quarter. Finally, Crews Bank & Trust bought a new stake in First Solar in the 4th quarter worth approximately $53,000. 92.08% of the stock is owned by institutional investors.
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.
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