First Solar (NASDAQ:FSLR) Releases Earnings Results, Misses Expectations By $0.38 EPS

First Solar (NASDAQ:FSLR) released its quarterly earnings results on Tuesday. The solar cell manufacturer reported $4.84 EPS for the quarter, missing the consensus estimate of $5.22 by ($0.38), FiscalAI reports. First Solar had a net margin of 27.73% and a return on equity of 16.61%. The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.59 billion.

First Solar Price Performance

FSLR stock traded up $1.06 during trading on Tuesday, reaching $243.21. 2,801,525 shares of the company were exchanged, compared to its average volume of 2,445,064. The company has a 50-day moving average of $245.75 and a two-hundred day moving average of $235.90. The company has a market capitalization of $26.10 billion, a price-to-earnings ratio of 18.68, a P/E/G ratio of 0.31 and a beta of 1.60. First Solar has a twelve month low of $116.56 and a twelve month high of $285.99. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.91 and a quick ratio of 1.55.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Guggenheim raised their target price on shares of First Solar from $289.00 to $312.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. BMO Capital Markets set a $263.00 price target on First Solar in a research report on Thursday, January 29th. Royal Bank Of Canada lifted their price objective on First Solar from $244.00 to $258.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. TD Cowen increased their target price on First Solar from $260.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, January 9th. Finally, Wall Street Zen upgraded First Solar from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $276.24.

More First Solar News

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

• Positive Sentiment: Needham raised its price target to $303 and kept a Buy rating, signaling upside vs. current levels and reinforcing buy‑side sentiment. Needham adjusts price target
• Positive Sentiment: First Solar published an economic‑impact study showing it could support ~40,000 U.S. jobs and add $7.8B to U.S. GDP by 2027—positive PR that supports expectations for strong U.S. demand and political support for domestic manufacturing. First Solar economic impact study
• Positive Sentiment: First Solar’s PV recycling program and circular‑economy capabilities are highlighted as a competitive edge as installations age—this supports margin and aftermarket service narratives over the medium term. PV recycling leadership story
• Positive Sentiment: Broader market demand tailwinds: reporting shows ~93% of new U.S. power capacity in 2026 is expected from solar, wind and batteries, which supports First Solar’s long‑term growth opportunity. Renewables share of new U.S. capacity
• Neutral Sentiment: Analysts have been revising forecasts ahead of the Q4 call—this concentrates expectations and could amplify moves depending on the print; revisions don’t uniformly signal direction. Analyst forecast revisions
• Neutral Sentiment: Valuation/price action context: after a strong 1‑year return, short‑term momentum has cooled and the stock is roughly flat over the past month—this suggests the rally may be pausing into the earnings event. Valuation and performance note
• Negative Sentiment: Earnings risk: multiple previews note Q4 results and guidance are the primary near‑term catalyst—any revenue, margin or backlog disappointment, or cautious 2026 commentary, could trigger a pullback and higher intraday volatility. Earnings preview and risk

Institutional Trading of First Solar

Hedge funds and other institutional investors have recently modified their holdings of the stock. Wexford Capital LP bought a new stake in shares of First Solar during the third quarter valued at approximately $142,000. Meeder Asset Management Inc. bought a new stake in shares of First Solar in the fourth quarter worth about $131,000. Federated Hermes Inc. purchased a new stake in shares of First Solar in the fourth quarter worth about $120,000. Rakuten Securities Inc. lifted its position in shares of First Solar by 45.6% in the second quarter. Rakuten Securities Inc. now owns 677 shares of the solar cell manufacturer’s stock worth $112,000 after buying an additional 212 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in First Solar during the third quarter valued at approximately $101,000. Institutional investors own 92.08% of the company’s stock.

About First Solar

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.