First Solar FY2025 EPS Estimate Lowered by Zacks Research

First Solar, Inc. (NASDAQ:FSLRFree Report) – Equities research analysts at Zacks Research reduced their FY2025 earnings per share (EPS) estimates for shares of First Solar in a report issued on Thursday, November 20th. Zacks Research analyst Team now anticipates that the solar cell manufacturer will post earnings of $14.43 per share for the year, down from their previous estimate of $14.57. 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 Q4 2025 earnings at $5.06 EPS and Q2 2027 earnings at $6.08 EPS.

First Solar (NASDAQ:FSLRGet Free Report) last issued its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 EPS for the quarter, missing the consensus estimate of $4.32 by ($0.08). First Solar had a return on equity of 15.57% and a net margin of 28.95%.The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same period in the prior year, the firm earned $2.91 earnings per share. The business’s quarterly revenue was up 79.7% on a year-over-year basis. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS.

A number of other research firms have also recently weighed in on FSLR. TD Cowen raised their price target on First Solar from $240.00 to $260.00 and gave the company a “buy” rating in a report on Friday, October 31st. The Goldman Sachs Group reiterated a “buy” rating and set a $316.00 target price on shares of First Solar in a research report on Friday, October 31st. Royal Bank Of Canada increased their price target on shares of First Solar from $201.00 to $244.00 and gave the company an “outperform” rating in a research report on Monday, October 20th. Wells Fargo & Company boosted their target price on First Solar from $213.00 to $270.00 in a research note on Friday, October 31st. Finally, Susquehanna increased their price objective on shares of First Solar from $273.00 to $285.00 in a research report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $269.79.

View Our Latest Report on First Solar

First Solar Stock Up 0.2%

NASDAQ FSLR opened at $260.36 on Monday. The stock’s 50 day moving average is $239.74 and its two-hundred day moving average is $199.21. First Solar has a 1-year low of $116.56 and a 1-year high of $281.55. The company has a market capitalization of $27.94 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 0.46 and a beta of 1.51. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04.

Institutional Investors Weigh In On First Solar

A number of institutional investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of First Solar during the second quarter worth $212,621,000. Nuveen LLC bought a new position in First Solar during the 1st quarter worth approximately $114,730,000. Viking Global Investors LP boosted its stake in shares of First Solar by 60.6% in the 2nd quarter. Viking Global Investors LP now owns 2,266,050 shares of the solar cell manufacturer’s stock valued at $375,122,000 after purchasing an additional 854,919 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in First Solar by 16,857.8% during the first quarter. Canada Pension Plan Investment Board now owns 759,033 shares of the solar cell manufacturer’s stock worth $95,965,000 after buying an additional 754,557 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in First Solar by 32.3% in the first quarter. Invesco Ltd. now owns 2,427,500 shares of the solar cell manufacturer’s stock valued at $306,909,000 after buying an additional 592,444 shares during the period. 92.08% of the stock is owned by institutional investors.

Insider Buying and Selling at First Solar

In other First Solar news, Director Paul H. Stebbins sold 7,000 shares of the business’s stock in a transaction on Friday, November 7th. The shares were sold at an average price of $262.40, for a total transaction of $1,836,800.00. Following the sale, the director owned 15,287 shares of the company’s stock, valued at approximately $4,011,308.80. The trade was a 31.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Georges Antoun sold 37,412 shares of the stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $265.01, for a total value of $9,914,554.12. Following the completion of the transaction, the insider owned 15,424 shares of the company’s stock, valued at $4,087,514.24. This represents a 70.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 48,912 shares of company stock worth $12,971,349 over the last 90 days. Insiders own 0.48% of the company’s stock.

First Solar Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for First Solar (NASDAQ:FSLR)

Receive News & Ratings for First Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Solar and related companies with MarketBeat.com's FREE daily email newsletter.