Q1 Earnings Estimate for First Solar Issued By Roth Capital

First Solar, Inc. (NASDAQ:FSLR) – Analysts at Roth Capital decreased their Q1 2026 earnings estimates for shares of First Solar in a report issued on Wednesday, April 30th. Roth Capital analyst P. Shen now expects that the solar cell manufacturer will post earnings per share of $3.19 for the quarter, down from their previous estimate of $3.30. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share.

FSLR has been the topic of several other reports. StockNews.com raised First Solar from a “sell” rating to a “hold” rating in a report on Thursday, January 2nd. Guggenheim decreased their target price on First Solar from $253.00 to $202.00 and set a “buy” rating on the stock in a report on Thursday. Truist Financial reaffirmed a “buy” rating and issued a $200.00 price target (down from $245.00) on shares of First Solar in a report on Thursday. Citigroup decreased their price objective on shares of First Solar from $254.00 to $236.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. Finally, The Goldman Sachs Group dropped their target price on shares of First Solar from $235.00 to $204.00 and set a “buy” rating for the company in a research note on Wednesday. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, First Solar presently has a consensus rating of “Moderate Buy” and a consensus target price of $223.87.

First Solar Stock Up 0.6 %

NASDAQ FSLR opened at $126.57 on Thursday. First Solar has a 1-year low of $116.56 and a 1-year high of $306.77. The company has a market capitalization of $13.57 billion, a price-to-earnings ratio of 10.90, a PEG ratio of 0.19 and a beta of 1.48. The stock’s 50 day moving average is $131.37 and its two-hundred day moving average is $166.87. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Tuesday, April 29th. The solar cell manufacturer reported $1.95 EPS for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.55). The business had revenue of $844.57 million during the quarter, compared to the consensus estimate of $863.11 million. First Solar had a return on equity of 17.56% and a net margin of 32.41%. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.20 earnings per share.

Insider Activity

In other news, insider Kuntal Kumar Verma sold 7,475 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $136.60, for a total transaction of $1,021,085.00. Following the completion of the transaction, the insider now directly owns 3,549 shares in the company, valued at $484,793.40. This trade represents a 67.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark R. Widmar sold 21,542 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $141.09, for a total transaction of $3,039,360.78. Following the completion of the transaction, the chief executive officer now owns 103,403 shares in the company, valued at approximately $14,589,129.27. This represents a 17.24 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 34,311 shares of company stock valued at $4,767,158. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Garde Capital Inc. bought a new stake in shares of First Solar during the 1st quarter valued at $25,000. Smartleaf Asset Management LLC grew its holdings in First Solar by 31.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 262 shares of the solar cell manufacturer’s stock valued at $47,000 after purchasing an additional 63 shares during the period. Crews Bank & Trust purchased a new stake in First Solar in the fourth quarter worth about $53,000. Hudson Edge Investment Partners Inc. bought a new position in shares of First Solar in the fourth quarter worth about $53,000. Finally, Banque Transatlantique SA purchased a new position in shares of First Solar during the 4th quarter valued at about $53,000. 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.