Q1 2025 Earnings Estimate for First Solar, Inc. (NASDAQ:FSLR) Issued By Roth Capital

First Solar, Inc. (NASDAQ:FSLR) – Equities researchers at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for First Solar in a research note issued to investors on Thursday, May 2nd. Roth Capital analyst P. Shen now forecasts that the solar cell manufacturer will earn $3.30 per share for the quarter, down from their previous forecast of $3.31. The consensus estimate for First Solar’s current full-year earnings is $13.55 per share. Roth Capital also issued estimates for First Solar’s Q4 2025 earnings at $7.66 EPS and FY2026 earnings at $29.80 EPS.

Several other brokerages have also commented on FSLR. Wells Fargo & Company upgraded shares of First Solar from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $187.00 to $250.00 in a research note on Friday, April 19th. Barclays boosted their target price on First Solar from $224.00 to $227.00 and gave the company an “overweight” rating in a report on Friday, April 19th. UBS Group lifted their price target on First Solar from $250.00 to $252.00 and gave the stock a “buy” rating in a research report on Thursday. Janney Montgomery Scott assumed coverage on First Solar in a report on Friday, April 12th. They issued a “buy” rating and a $236.00 price objective for the company. Finally, Morgan Stanley lifted their target price on shares of First Solar from $245.00 to $248.00 and gave the company an “overweight” rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $238.16.

First Solar Stock Up 6.1 %

Shares of NASDAQ:FSLR opened at $191.55 on Friday. The firm has a 50 day simple moving average of $166.57 and a 200-day simple moving average of $158.28. First Solar has a twelve month low of $129.21 and a twelve month high of $232.00. The company has a current ratio of 2.41, a quick ratio of 2.92 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $20.50 billion, a PE ratio of 20.08, a P/E/G ratio of 0.31 and a beta of 1.37.

First Solar (NASDAQ:FSLR) last issued its earnings results on Wednesday, May 1st. The solar cell manufacturer reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.90 by $0.30. The business had revenue of $794.10 million for the quarter, compared to analyst estimates of $718.19 million. First Solar had a return on equity of 16.24% and a net margin of 28.75%. The business’s quarterly revenue was up 44.8% on a year-over-year basis. During the same quarter last year, the company earned $0.40 EPS.

Institutional Investors Weigh In On First Solar

Institutional investors and hedge funds have recently made changes to their positions in the business. Norges Bank acquired a new position in First Solar during the fourth quarter worth about $298,123,000. Clean Energy Transition LLP raised its position in shares of First Solar by 948.8% during the 3rd quarter. Clean Energy Transition LLP now owns 1,186,646 shares of the solar cell manufacturer’s stock worth $191,750,000 after purchasing an additional 1,073,500 shares during the last quarter. Barclays PLC lifted its stake in First Solar by 125.5% in the 3rd quarter. Barclays PLC now owns 848,623 shares of the solar cell manufacturer’s stock valued at $137,130,000 after buying an additional 472,327 shares in the last quarter. Schroder Investment Management Group grew its holdings in First Solar by 16.7% during the 4th quarter. Schroder Investment Management Group now owns 2,454,499 shares of the solar cell manufacturer’s stock valued at $422,861,000 after buying an additional 351,540 shares during the last quarter. Finally, Covalis Capital LLP increased its position in First Solar by 615.6% during the third quarter. Covalis Capital LLP now owns 408,012 shares of the solar cell manufacturer’s stock worth $65,931,000 after buying an additional 350,996 shares in the last quarter. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at First Solar

In related news, insider Georges Antoun sold 2,400 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $176.00, for a total value of $422,400.00. Following the completion of the sale, the insider now owns 37,412 shares in the company, valued at $6,584,512. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Georges Antoun sold 2,400 shares of First Solar stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $176.00, for a total transaction of $422,400.00. Following the completion of the sale, the insider now directly owns 37,412 shares in the company, valued at approximately $6,584,512. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CTO Markus Gloeckler sold 1,937 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $175.00, for a total value of $338,975.00. Following the completion of the sale, the chief technology officer now owns 12,536 shares in the company, valued at approximately $2,193,800. The disclosure for this sale can be found here. Insiders have sold a total of 26,620 shares of company stock valued at $4,269,540 in the last ninety days. 0.58% of the stock is currently owned by company insiders.

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.