Seaport Res Ptn Increases Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Research analysts at Seaport Res Ptn upped their Q1 2026 EPS estimates for shares of First Solar in a report released on Monday, November 3rd. Seaport Res Ptn analyst T. Curran now expects that the solar cell manufacturer will post earnings per share of $4.37 for the quarter, up from their prior forecast of $4.36. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Seaport Res Ptn also issued estimates for First Solar’s Q2 2026 earnings at $5.73 EPS, Q3 2026 earnings at $6.77 EPS, Q4 2026 earnings at $7.39 EPS, FY2026 earnings at $24.25 EPS and FY2027 earnings at $29.65 EPS.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to analysts’ expectations of $1.56 billion. During the same period in the previous year, the business posted $2.91 earnings per share. The company’s revenue for the quarter was up 79.7% on a year-over-year basis. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS.

A number of other equities analysts have also recently issued reports on the stock. UBS Group lifted their target price on shares of First Solar from $275.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday. Bank of America lifted their target price on shares of First Solar from $209.00 to $254.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley set a $275.00 price target on shares of First Solar in a report on Friday. DZ Bank downgraded shares of First Solar from a “strong-buy” rating to a “hold” rating in a report on Friday, October 31st. Finally, Robert W. Baird lifted their price target on shares of First Solar from $240.00 to $264.00 and gave the stock an “outperform” rating in a report on Monday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, First Solar presently has an average rating of “Moderate Buy” and an average target price of $270.09.

First Solar Stock Down 1.1%

Shares of NASDAQ FSLR opened at $262.70 on Wednesday. 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 52 week low of $116.56 and a 52 week high of $275.08. The firm has a 50-day moving average price of $221.85 and a 200 day moving average price of $185.70. The stock has a market capitalization of $28.19 billion, a price-to-earnings ratio of 22.47, a price-to-earnings-growth ratio of 0.46 and a beta of 1.51.

Institutional Investors Weigh In On First Solar

Several institutional investors have recently bought and sold shares of FSLR. Wealth Preservation Advisors LLC purchased a new stake in First Solar during the first quarter worth approximately $25,000. TD Private Client Wealth LLC lifted its position in shares of First Solar by 126.9% during the second quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock worth $25,000 after purchasing an additional 85 shares in the last quarter. Strategic Wealth Investment Group LLC purchased a new position in shares of First Solar in the second quarter valued at $26,000. Harbor Investment Advisory LLC boosted its stake 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 purchasing an additional 100 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in shares of 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 purchasing an additional 75 shares during the period. 92.08% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at First Solar

In other First Solar news, CAO Nathan B. Theurer sold 686 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $182.03, for a total transaction of $124,872.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Mark R. Widmar sold 2,321 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $199.44, for a total transaction of $462,900.24. Following the sale, the chief executive officer owned 81,861 shares of the company’s stock, valued at approximately $16,326,357.84. This represents a 2.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 30,715 shares of company stock valued at $5,733,305. 0.48% of the stock is owned by 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.