First Solar (FSLR) to Release Quarterly Earnings on Tuesday

First Solar (NASDAQ:FSLR) is anticipated to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect First Solar to post earnings of $2.70 per share and revenue of $863.11 million for the quarter. First Solar has set its FY 2025 guidance at 17.000-20.000 EPS and its FY 2025 guidance at 17.000-20.000 EPS.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.81 by ($1.16). The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.48 billion. First Solar had a return on equity of 17.56% and a net margin of 32.41%. On average, analysts expect First Solar to post $13 EPS for the current fiscal year and $20 EPS for the next fiscal year.

First Solar Price Performance

First Solar stock opened at $122.45 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The stock has a market capitalization of $13.11 billion, a price-to-earnings ratio of 10.55, a PEG ratio of 0.19 and a beta of 1.48. The stock’s 50 day moving average price is $135.41 and its two-hundred day moving average price is $170.83. First Solar has a 52-week low of $116.56 and a 52-week high of $306.77.

Insider Activity at First Solar

In other First Solar news, CEO Mark R. Widmar sold 1,272 shares of First Solar stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $132.96, for a total transaction of $169,125.12. Following the sale, the chief executive officer now directly owns 109,000 shares of the company’s stock, valued at approximately $14,492,640. The trade was a 1.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CTO Markus Gloeckler sold 380 shares of the firm’s stock in a transaction on Monday, March 17th. The shares were sold at an average price of $133.75, for a total value of $50,825.00. Following the transaction, the chief technology officer now directly owns 17,594 shares of the company’s stock, valued at $2,353,197.50. This represents a 2.11 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 34,311 shares of company stock worth $4,767,158 over the last quarter. 0.48% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

FSLR has been the subject of several recent research reports. Roth Mkm restated a “buy” rating and set a $280.00 price objective on shares of First Solar in a report on Wednesday, February 26th. Citigroup decreased their price objective on First Solar from $254.00 to $236.00 and set a “neutral” rating for the company in a report on Wednesday, February 26th. Susquehanna reduced their price target on shares of First Solar from $223.00 to $217.00 and set a “positive” rating for the company in a research report on Monday, April 14th. BMO Capital Markets reiterated an “outperform” rating and issued a $230.00 price objective (down previously from $260.00) on shares of First Solar in a research note on Wednesday, February 26th. Finally, Piper Sandler dropped their price target on First Solar from $230.00 to $205.00 and set an “overweight” rating on the stock in a research report on Monday. Four research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $250.58.

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.