Zacks Research Boosts Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Zacks Research increased their Q4 2025 earnings per share estimates for First Solar in a research note issued to investors on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the solar cell manufacturer will post earnings per share of $5.19 for the quarter, up from their prior forecast of $5.17. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Zacks Research also issued estimates for First Solar’s Q2 2026 earnings at $3.95 EPS, Q3 2026 earnings at $5.40 EPS, Q4 2026 earnings at $6.66 EPS, FY2026 earnings at $19.06 EPS and FY2027 earnings at $26.55 EPS.

Several other brokerages have also commented on FSLR. Piper Sandler decreased their price objective on First Solar from $230.00 to $205.00 and set an “overweight” rating for the company in a report on Monday, April 21st. Deutsche Bank Aktiengesellschaft set a $265.00 price target on First Solar in a research note on Thursday, February 27th. Truist Financial reissued a “buy” rating and issued a $200.00 price target (down previously from $245.00) on shares of First Solar in a report on Thursday, May 1st. KeyCorp downgraded shares of First Solar from a “sector weight” rating to an “underweight” rating and set a $100.00 price objective on the stock. in a report on Wednesday, April 30th. Finally, Roth Mkm reiterated a “buy” rating and issued a $280.00 target price on shares of First Solar in a research note on Wednesday, February 26th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $229.19.

First Solar Price Performance

Shares of FSLR opened at $151.18 on Monday. The company has a 50 day moving average of $151.00 and a two-hundred day moving average of $156.24. The company has a quick ratio of 1.39, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. First Solar has a twelve month low of $116.56 and a twelve month high of $262.72. The company has a market cap of $16.21 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 0.29 and a beta of 1.53.

First Solar (NASDAQ:FSLR) last released its quarterly earnings results on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.55). The firm had revenue of $844.57 million during the quarter, compared to the consensus estimate of $863.11 million. First Solar had a net margin of 29.72% and a return on equity of 16.32%. The firm’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.20 earnings per share.

Insider Buying and Selling at First Solar

In related news, insider Patrick James Buehler sold 1,868 shares of First Solar stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $149.08, for a total value of $278,481.44. Following the sale, the insider now owns 5,998 shares of the company’s stock, valued at approximately $894,181.84. This trade represents a 23.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Koralewski sold 2,951 shares of the business’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $158.21, for a total transaction of $466,877.71. Following the completion of the sale, the insider now directly owns 11,369 shares of the company’s stock, valued at approximately $1,798,689.49. The trade was a 20.61% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 14,376 shares of company stock valued at $2,227,172. Corporate insiders own 0.48% of the company’s stock.

Hedge Funds Weigh In On First Solar

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Garde Capital Inc. acquired a new position in shares of First Solar during the 1st quarter worth about $25,000. Wealth Preservation Advisors LLC purchased a new stake in First Solar during the 1st quarter worth approximately $25,000. Colonial Trust Advisors acquired a new position in shares of First Solar during the first quarter valued at approximately $32,000. Larson Financial Group LLC lifted its position in shares of First Solar by 591.9% in the first quarter. Larson Financial Group LLC now owns 256 shares of the solar cell manufacturer’s stock valued at $32,000 after acquiring an additional 219 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its stake in shares of 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 acquiring an additional 63 shares during the last quarter. 92.08% of the stock is owned by hedge funds and other 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.