First Solar FY2025 EPS Estimate Raised by Zacks Research

First Solar, Inc. (NASDAQ:FSLRFree Report) – Equities research analysts at Zacks Research increased their FY2025 EPS estimates for shares of First Solar in a report issued on Tuesday, September 23rd. Zacks Research analyst Team now forecasts that the solar cell manufacturer will post earnings of $14.41 per share for the year, up from their prior forecast of $14.35. 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 Q4 2025 earnings at $5.49 EPS, Q4 2026 earnings at $7.96 EPS, FY2026 earnings at $21.50 EPS and FY2027 earnings at $27.71 EPS.

First Solar (NASDAQ:FSLRGet Free Report) last released its quarterly earnings results on Thursday, July 31st. The solar cell manufacturer reported $3.18 EPS for the quarter, topping analysts’ consensus estimates of $2.68 by $0.50. First Solar had a net margin of 28.95% and a return on equity of 15.57%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the company earned $3.25 EPS. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. First Solar has set its FY 2025 guidance at 13.500-16.500 EPS.

FSLR has been the subject of a number of other research reports. JPMorgan Chase & Co. boosted their price target on shares of First Solar from $241.00 to $262.00 and gave the stock an “overweight” rating in a research note on Friday, September 19th. TD Cowen boosted their price target on shares of First Solar from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. UBS Group restated a “buy” rating and issued a $275.00 price objective (up from $255.00) on shares of First Solar in a report on Tuesday, August 5th. Jefferies Financial Group set a $194.00 price objective on shares of First Solar and gave the stock a “buy” rating in a report on Tuesday, July 15th. Finally, Susquehanna boosted their price objective on shares of First Solar from $203.00 to $222.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $228.80.

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First Solar Price Performance

FSLR stock opened at $223.05 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.90 and a quick ratio of 1.41. First Solar has a one year low of $116.56 and a one year high of $262.72. The stock has a market cap of $23.92 billion, a PE ratio of 19.08, a P/E/G ratio of 0.43 and a beta of 1.41. The firm has a 50 day simple moving average of $195.76 and a two-hundred day simple moving average of $164.09.

Insiders Place Their Bets

In related news, CEO Mark R. Widmar sold 23,912 shares of the stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $185.47, for a total value of $4,434,958.64. Following the completion of the transaction, the chief executive officer directly owned 87,978 shares in the company, valued at $16,317,279.66. This trade represents a 21.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Patrick James Buehler sold 1,600 shares of the stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $180.00, for a total transaction of $288,000.00. Following the completion of the transaction, the insider owned 4,398 shares of the company’s stock, valued at approximately $791,640. The trade was a 26.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,315 shares of company stock worth $6,021,305. 0.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Osaic Holdings Inc. grew its position in First Solar by 200.1% during the 2nd quarter. Osaic Holdings Inc. now owns 33,171 shares of the solar cell manufacturer’s stock valued at $5,486,000 after purchasing an additional 22,116 shares during the last quarter. Total Investment Management Inc. purchased a new stake in First Solar during the 2nd quarter valued at about $36,000. Centaurus Financial Inc. purchased a new stake in First Solar during the 2nd quarter valued at about $104,000. Orion Porfolio Solutions LLC purchased a new stake in First Solar during the 2nd quarter valued at about $557,000. Finally, Thrivent Financial for Lutherans grew its position in First Solar by 93.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 8,493 shares of the solar cell manufacturer’s stock valued at $1,406,000 after purchasing an additional 4,110 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors.

About First Solar

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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.

Further Reading

Earnings History and Estimates for First Solar (NASDAQ:FSLR)

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