Seaport Res Ptn Decreases Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Research analysts at Seaport Res Ptn lowered their Q1 2026 earnings per share estimates for shares of First Solar in a research note issued to investors on Friday, May 2nd. Seaport Res Ptn analyst T. Curran now anticipates that the solar cell manufacturer will earn $3.94 per share for the quarter, down from their previous estimate of $4.35. Seaport Res Ptn has a “Strong-Buy” rating on the stock. 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 Q3 2026 earnings at $6.57 EPS and Q4 2026 earnings at $7.15 EPS.

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

Other research analysts have also issued reports about the company. Guggenheim dropped their target price on First Solar from $253.00 to $202.00 and set a “buy” rating on the stock in a research report on Thursday. Susquehanna cut their price objective on shares of First Solar from $223.00 to $217.00 and set a “positive” rating on the stock in a research report on Monday, April 14th. Morgan Stanley set a $223.00 target price on shares of First Solar and gave the stock an “overweight” rating in a research report on Wednesday, April 23rd. Mizuho upgraded shares of First Solar from a “neutral” rating to an “outperform” rating and raised their price target for the company from $218.00 to $259.00 in a report on Tuesday, February 11th. Finally, Deutsche Bank Aktiengesellschaft set a $265.00 price objective on shares of First Solar in a report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $223.87.

First Solar Trading Up 3.1 %

First Solar stock opened at $130.54 on Monday. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. First Solar has a 12 month low of $116.56 and a 12 month high of $306.77. The company’s fifty day simple moving average is $131.03 and its 200-day simple moving average is $165.85. The stock has a market cap of $14.00 billion, a P/E ratio of 11.24, a P/E/G ratio of 0.19 and a beta of 1.48.

Institutional Investors Weigh In On First Solar

Institutional investors have recently added to or reduced their stakes in the stock. Saturna Capital Corp raised its holdings in shares of First Solar by 15.3% in the 1st quarter. Saturna Capital Corp now owns 6,113 shares of the solar cell manufacturer’s stock worth $773,000 after buying an additional 809 shares in the last quarter. Forum Financial Management LP raised its stake in First Solar by 4.4% during the first quarter. Forum Financial Management LP now owns 3,255 shares of the solar cell manufacturer’s stock worth $412,000 after acquiring an additional 136 shares in the last quarter. Litman Gregory Wealth Management LLC acquired a new position in First Solar during the first quarter worth $243,000. Trust Investment Advisors lifted its holdings in shares of First Solar by 3.5% during the first quarter. Trust Investment Advisors now owns 3,896 shares of the solar cell manufacturer’s stock valued at $493,000 after acquiring an additional 133 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of First Solar by 7.0% in the 1st quarter. Victory Capital Management Inc. now owns 38,762 shares of the solar cell manufacturer’s stock valued at $4,901,000 after purchasing an additional 2,519 shares in the last quarter. 92.08% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at First Solar

In other news, General Counsel Jason E. Dymbort sold 363 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $133.75, for a total transaction of $48,551.25. Following the completion of the transaction, the general counsel now directly owns 22,273 shares of the company’s stock, valued at approximately $2,979,013.75. This trade represents a 1.60 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Georges Antoun sold 229 shares of the company’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $133.75, for a total transaction of $30,628.75. Following the completion of the sale, the insider now directly owns 52,836 shares in the company, valued at approximately $7,066,815. The trade was a 0.43 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 34,311 shares of company stock valued at $4,767,158. 0.48% of the stock is owned by corporate 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.