First Solar FY2025 EPS Forecast Raised by Zacks Research

First Solar, Inc. (NASDAQ:FSLR) – Zacks Research boosted their FY2025 earnings estimates for shares of First Solar in a research report issued on Monday, October 6th. Zacks Research analyst Team now expects that the solar cell manufacturer will post earnings per share of $14.48 for the year, up from their previous forecast of $14.41. 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 $5.56 EPS, Q4 2026 earnings at $7.98 EPS, Q2 2027 earnings at $5.60 EPS and Q3 2027 earnings at $7.49 EPS.

FSLR has been the subject of a number of other research reports. Evercore ISI set a $240.00 price target on First Solar in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of First Solar in a research note on Saturday, September 27th. UBS Group restated a “buy” rating and issued a $275.00 price objective (up from $255.00) on shares of First Solar in a research report on Tuesday, August 5th. Royal Bank Of Canada increased their target price on shares of First Solar from $188.00 to $200.00 and gave the company an “outperform” rating in a research report on Tuesday, July 1st. Finally, TD Cowen increased their price target on First Solar from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, First Solar has an average rating of “Moderate Buy” and a consensus target price of $229.52.

First Solar Trading Down 0.2%

Shares of First Solar stock opened at $229.57 on Tuesday. The firm has a market cap of $24.62 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 0.45 and a beta of 1.38. The business has a 50-day moving average price of $202.10 and a 200-day moving average price of $169.12. The company has a quick ratio of 1.41, a current ratio of 1.90 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 $235.87.

First Solar (NASDAQ:FSLR) last announced its quarterly earnings results on Thursday, July 31st. The solar cell manufacturer reported $3.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.68 by $0.50. First Solar had a return on equity of 15.57% and a net margin of 28.95%.The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the company posted $3.25 earnings per share. The company’s quarterly revenue was up 8.6% on a year-over-year basis. First Solar has set its FY 2025 guidance at 13.500-16.500 EPS.

Hedge Funds Weigh In On First Solar

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC boosted its stake in shares of First Solar by 126.9% during the 2nd quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock worth $25,000 after acquiring an additional 85 shares in the last quarter. Strategic Wealth Investment Group LLC acquired a new position in First Solar in the second quarter valued at about $26,000. Harbor Investment Advisory LLC raised its holdings in shares of First Solar by 138.9% in the second quarter. Harbor Investment Advisory LLC now owns 172 shares of the solar cell manufacturer’s stock valued at $28,000 after buying an additional 100 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock valued at $30,000 after acquiring an additional 75 shares during the last quarter. Finally, Garde Capital Inc. acquired a new position in shares of First Solar in the 1st quarter valued at $25,000. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other First Solar news, CEO Mark R. Widmar sold 23,912 shares of the company’s stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $185.47, for a total value of $4,434,958.64. Following the completion of the transaction, the chief executive officer owned 87,978 shares in the company, valued at $16,317,279.66. This represents a 21.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Nathan B. Theurer sold 686 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $182.03, for a total transaction of $124,872.58. The disclosure for this sale can be found here. In the last three months, insiders sold 30,715 shares of company stock worth $5,733,305. Insiders own 0.48% of the company’s stock.

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.