Zacks Research Increases Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Zacks Research upped their Q3 2025 earnings per share estimates for shares of First Solar in a research report issued to clients and investors on Tuesday, December 10th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will post earnings of $3.88 per share for the quarter, up from their prior forecast of $3.82. The consensus estimate for First Solar’s current full-year earnings is $13.15 per share. Zacks Research also issued estimates for First Solar’s Q4 2025 earnings at $6.31 EPS, FY2025 earnings at $18.58 EPS, Q3 2026 earnings at $5.07 EPS and FY2026 earnings at $22.66 EPS.

Several other equities research analysts have also issued reports on the company. Truist Financial assumed coverage on First Solar in a report on Thursday, September 26th. They set a “buy” rating and a $300.00 price target for the company. Evercore ISI reduced their target price on shares of First Solar from $281.00 to $278.00 and set an “outperform” rating for the company in a research note on Wednesday, October 30th. Susquehanna dropped their price target on shares of First Solar from $280.00 to $252.00 and set a “positive” rating on the stock in a research note on Wednesday, October 30th. Piper Sandler lifted their price objective on shares of First Solar from $210.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 2nd. Finally, William Blair initiated coverage on shares of First Solar in a research report on Thursday, August 29th. They set a “market perform” rating on the stock. Four investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $280.71.

First Solar Stock Up 1.7 %

First Solar stock opened at $199.67 on Friday. First Solar has a twelve month low of $135.88 and a twelve month high of $306.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The firm has a market cap of $21.38 billion, a PE ratio of 17.20, a P/E/G ratio of 0.35 and a beta of 1.46. The firm’s 50 day moving average price is $199.54 and its two-hundred day moving average price is $223.85.

First Solar (NASDAQ:FSLR) last released its earnings results on Tuesday, October 29th. The solar cell manufacturer reported $2.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.19). The business had revenue of $887.70 million during the quarter, compared to analysts’ expectations of $1.07 billion. First Solar had a net margin of 32.41% and a return on equity of 17.56%. First Solar’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.50 EPS.

Institutional Trading of First Solar

Several large investors have recently made changes to their positions in FSLR. AlphaMark Advisors LLC acquired a new stake in shares of First Solar in the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new stake in First Solar in the third quarter worth about $25,000. Kennebec Savings Bank bought a new stake in First Solar during the 3rd quarter worth about $29,000. Atlas Capital Advisors LLC lifted its position in First Solar by 411.1% during the 2nd quarter. Atlas Capital Advisors LLC now owns 138 shares of the solar cell manufacturer’s stock valued at $31,000 after purchasing an additional 111 shares during the period. Finally, Summit Securities Group LLC bought a new position in shares of First Solar in the 2nd quarter valued at about $36,000. 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.