Zacks Research Predicts Stronger Earnings for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Stock analysts at Zacks Research boosted their Q1 2026 earnings per share estimates for shares of First Solar in a report issued on Wednesday, June 18th. Zacks Research analyst R. Department now anticipates that the solar cell manufacturer will post earnings of $3.05 per share for the quarter, up from their previous estimate of $3.04. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Zacks Research also issued estimates for First Solar’s Q1 2027 earnings at $3.89 EPS.

Other analysts also recently issued reports about the company. Piper Sandler reduced their price objective on First Solar from $230.00 to $205.00 and set an “overweight” rating for the company in a research note on Monday, April 21st. Guggenheim reduced their price objective on First Solar from $253.00 to $202.00 and set a “buy” rating for the company in a research note on Thursday, May 1st. Redburn Atlantic started coverage on First Solar in a research note on Monday, March 3rd. They set a “neutral” rating for the company. TD Cowen reduced their price objective on First Solar from $275.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, April 30th. Finally, UBS Group reaffirmed a “buy” rating and set a $255.00 price objective on shares of First Solar in a research note on Wednesday, May 14th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, twenty-five have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $229.19.

First Solar Stock Down 0.2%

FSLR opened at $143.67 on Thursday. The business has a 50 day moving average price of $149.87 and a two-hundred day moving average price of $157.65. The company has a quick ratio of 1.39, a current ratio of 1.93 and a debt-to-equity ratio of 0.04. The company has a market cap of $15.41 billion, a PE ratio of 12.22, a P/E/G ratio of 0.29 and a beta of 1.53. First Solar has a 52 week low of $116.56 and a 52 week high of $268.12.

First Solar (NASDAQ:FSLR) last posted its earnings results on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing the consensus estimate of $2.50 by ($0.55). First Solar had a net margin of 29.72% and a return on equity of 16.32%. The firm had revenue of $844.57 million during the quarter, compared to analysts’ expectations of $863.11 million. During the same period in the previous year, the firm posted $2.20 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis.

Institutional Investors Weigh In On First Solar

Several hedge funds have recently made changes to their positions in the business. BROOKFIELD Corp ON boosted its holdings in shares of First Solar by 5.6% during the first quarter. BROOKFIELD Corp ON now owns 17,863 shares of the solar cell manufacturer’s stock worth $2,258,000 after purchasing an additional 953 shares during the last quarter. Inspire Investing LLC boosted its holdings in shares of First Solar by 14.1% during the first quarter. Inspire Investing LLC now owns 12,649 shares of the solar cell manufacturer’s stock worth $1,599,000 after purchasing an additional 1,564 shares during the last quarter. Strs Ohio acquired a new stake in shares of First Solar during the first quarter worth $23,453,000. Ellsworth Advisors LLC acquired a new stake in shares of First Solar during the first quarter worth $846,000. Finally, Foresight Group Ltd Liability Partnership acquired a new stake in shares of First Solar during the first quarter worth $8,783,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Buying and Selling at First Solar

In other news, insider Michael Koralewski sold 2,951 shares of the firm’s stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $158.21, for a total transaction of $466,877.71. Following the sale, the insider now owns 11,369 shares in the company, valued at $1,798,689.49. This trade represents a 20.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CTO Markus Gloeckler sold 9,557 shares of the firm’s stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of $155.05, for a total value of $1,481,812.85. Following the sale, the chief technology officer now owns 8,037 shares in the company, valued at $1,246,136.85. This trade represents a 54.32% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,376 shares of company stock worth $2,227,172. 0.48% of the stock is owned by insiders.

First Solar Company Profile

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.