First Solar (FSLR) Projected to Release Earnings on Thursday

First Solar (NASDAQ:FSLR) is expected to announce its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect the company to announce earnings of $4.67 per share and revenue of $1.29 billion for the quarter. Individuals can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, July 30th. The solar cell manufacturer reported $3.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $1.02. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.06 billion. First Solar had a return on equity of 18.02% and a net margin of 32.47%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same period last year, the company earned $3.18 earnings per share. On average, analysts expect First Solar to post $17.63 EPS for the current fiscal year and $24.47 EPS for the next fiscal year.

First Solar Stock Down 2.2%

FSLR stock opened at $168.15 on Tuesday. The company has a market cap of $18.07 billion, a price-to-earnings ratio of 10.37, a P/E/G ratio of 0.47 and a beta of 1.80. First Solar has a twelve month low of $165.86 and a twelve month high of $320.95. The business has a 50 day moving average price of $192.13 and a two-hundred day moving average price of $217.50.

Insiders Place Their Bets

In other news, EVP Samantha L. Sloan sold 127 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $222.95, for a total value of $28,314.65. Following the completion of the sale, the executive vice president directly owned 2,018 shares of the company’s stock, valued at $449,913.10. This trade represents a 5.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Markus Gloeckler sold 3,425 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $218.95, for a total value of $749,903.75. Following the completion of the sale, the chief technology officer directly owned 7,471 shares of the company’s stock, valued at approximately $1,635,775.45. The trade was a 31.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 16,681 shares of company stock worth $3,756,286 in the last three months. 0.39% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FSLR. Sanford C. Bernstein dropped their price objective on First Solar from $217.00 to $197.00 and set an “underperform” rating on the stock in a research note on Friday, July 31st. Guggenheim reissued a “buy” rating on shares of First Solar in a research note on Monday, September 28th. Mizuho set a $324.00 target price on shares of First Solar in a report on Thursday, August 13th. The Goldman Sachs Group dropped their price target on shares of First Solar from $310.00 to $272.00 and set a “buy” rating on the stock in a research report on Thursday, October 8th. Finally, Wells Fargo & Company increased their price target on shares of First Solar from $300.00 to $313.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $265.73.

Key Stories Impacting First Solar

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: Truist reiterated Buy ratings on several clean-energy stocks, including First Solar, citing a favorable long-term demand outlook. The U.S. is expected to add roughly 38 GWac of utility-scale solar and 26 GW of storage capacity annually through 2030, supporting potential growth in First Solar’s project pipeline, revenue and margins. Truist names top clean energy stocks to watch ahead of Q3 earnings season
• Positive Sentiment: Wall Street brokerages collectively rate First Solar “Moderate Buy,” suggesting analysts generally see upside despite the stock’s recent decline and concerns surrounding the solar industry. First Solar Stock Rated Moderate Buy by Wall Street Brokerages
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio. Because this conflicts with the description of a large increase in short interest, the figure may reflect a reporting or data-quality issue and provides little reliable trading insight.
• Negative Sentiment: Investors purchased 38,523 put options on First Solar, 45% above typical daily put volume. The activity signals increased demand for downside protection or bearish speculation and may be contributing to near-term selling pressure.
• Negative Sentiment: Investors continue to focus on securities class-action lawsuits concerning how management characterized the benefits of tariffs. Although First Solar has reported strong sales and margins, legal scrutiny could weaken confidence in the durability of those gains and remain an overhang on the shares. Caught Out By First Solar’s Fall? What Bears Saw

First Solar Company Profile

First Solar, Inc is a vertically integrated solar technology and manufacturing company that designs, manufactures and sells photovoltaic (PV) solar modules. Its modules use advanced thin-film semiconductor technology based on cadmium telluride (CdTe), rather than the crystalline-silicon technology used by most solar manufacturers. The company serves utility-scale solar developers, commercial and industrial customers, and other large-scale energy users.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar operates research and development, manufacturing and recycling facilities in the United States and internationally.