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

First Solar (NASDAQ:FSLR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 17.000-20.000 for the period, compared to the consensus earnings per share 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.

First Solar Stock Performance

FSLR traded down $5.45 during midday trading on Tuesday, reaching $147.46. The company had a trading volume of 4,887,630 shares, compared to its average volume of 2,335,875. First Solar has a 12-month low of $141.76 and a 12-month high of $306.77. The business has a 50-day moving average price of $175.36 and a two-hundred day moving average price of $199.83. The stock has a market cap of $15.79 billion, a PE ratio of 12.70, a P/E/G ratio of 0.19 and a beta of 1.47. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14.

First Solar (NASDAQ:FSLR) last posted 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). First Solar had a net margin of 32.41% and a return on equity of 17.56%. On average, sell-side analysts expect that First Solar will post 13.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on FSLR. Robert W. Baird lowered their price objective on First Solar from $307.00 to $267.00 and set an “outperform” rating on the stock in a research note on Wednesday, December 18th. Mizuho upgraded shares of First Solar from a “neutral” rating to an “outperform” rating and upped their price target for the company from $218.00 to $259.00 in a research note on Tuesday, February 11th. Wells Fargo & Company cut their price objective on shares of First Solar from $240.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Royal Bank of Canada lowered their target price 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. Finally, The Goldman Sachs Group cut their price target on First Solar from $311.00 to $279.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Two analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, First Solar currently has a consensus rating of “Buy” and an average price target of $276.38.

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.