Q1 EPS Estimates for First Solar Lowered by Zacks Research

First Solar, Inc. (NASDAQ:FSLR) – Equities research analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for First Solar in a note issued to investors on Thursday, November 20th. Zacks Research analyst Team now expects that the solar cell manufacturer will post earnings per share of $3.45 for the quarter, down from their previous estimate of $3.46. 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 $4.68 EPS, Q3 2026 earnings at $5.82 EPS, Q4 2026 earnings at $8.26 EPS, FY2026 earnings at $22.21 EPS, Q1 2027 earnings at $5.35 EPS, Q3 2027 earnings at $8.04 EPS and FY2027 earnings at $28.92 EPS.

Several other equities research analysts have also issued reports on FSLR. Wall Street Zen upgraded shares of First Solar from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Guggenheim increased their price target on shares of First Solar from $287.00 to $289.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. The Goldman Sachs Group restated a “buy” rating and set a $316.00 price objective on shares of First Solar in a research report on Friday, October 31st. Royal Bank Of Canada upped their target price on shares of First Solar from $201.00 to $244.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Finally, Rothschild & Co Redburn increased their target price on First Solar from $150.00 to $260.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $269.79.

First Solar Stock Down 2.4%

Shares of NASDAQ FSLR opened at $245.84 on Friday. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average of $236.61 and a 200-day moving average of $195.67. The firm has a market capitalization of $26.38 billion, a price-to-earnings ratio of 21.03, a PEG ratio of 0.46 and a beta of 1.51. First Solar has a 12 month low of $116.56 and a 12 month high of $281.55.

First Solar (NASDAQ:FSLR) last announced its earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share for the quarter, missing analysts’ consensus estimates 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 quarter in the prior year, the company earned $2.91 earnings per share. First Solar’s revenue was up 79.7% compared to the same quarter last year. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS.

Insider Activity at First Solar

In related news, Director Paul H. Stebbins sold 7,000 shares of First Solar stock in a transaction on Friday, November 7th. The shares were sold at an average price of $262.40, for a total value of $1,836,800.00. Following the transaction, the director owned 15,287 shares in the company, valued at $4,011,308.80. This trade represents a 31.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Georges Antoun sold 37,412 shares of the business’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $265.01, for a total transaction of $9,914,554.12. Following the completion of the sale, the insider directly 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 48,912 shares of company stock valued at $12,971,349. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On First Solar

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Linden Thomas Advisory Services LLC grew its position in First Solar by 1.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 2,287 shares of the solar cell manufacturer’s stock worth $504,000 after acquiring an additional 39 shares during the last quarter. Signaturefd LLC lifted its position in First Solar by 2.6% in the third quarter. Signaturefd LLC now owns 1,879 shares of the solar cell manufacturer’s stock valued at $414,000 after purchasing an additional 47 shares during the last quarter. Figure 8 Investment Strategies LLC boosted its stake in shares of First Solar by 0.6% during the third quarter. Figure 8 Investment Strategies LLC now owns 8,116 shares of the solar cell manufacturer’s stock valued at $1,790,000 after purchasing an additional 48 shares during the period. Rathbones Group PLC boosted its stake in shares of First Solar by 1.0% during the third quarter. Rathbones Group PLC now owns 4,930 shares of the solar cell manufacturer’s stock valued at $1,087,000 after purchasing an additional 51 shares during the period. Finally, Hemington Wealth Management grew its holdings in shares of First Solar by 22.9% in the third quarter. Hemington Wealth Management now owns 306 shares of the solar cell manufacturer’s stock worth $67,000 after purchasing an additional 57 shares during the last quarter. Institutional investors own 92.08% of the company’s stock.

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.