What is Roth Capital’s Estimate for First Solar Q2 Earnings?

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Roth Capital increased their Q2 2026 earnings estimates for shares of First Solar in a report released on Sunday, October 26th. Roth Capital analyst P. Shen now expects that the solar cell manufacturer will earn $5.13 per share for the quarter, up from their prior forecast of $4.88. Roth Capital has a “Buy” rating and a $270.00 price objective on the stock. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Roth Capital also issued estimates for First Solar’s Q4 2026 earnings at $7.60 EPS, Q3 2027 earnings at $7.86 EPS, FY2027 earnings at $27.85 EPS and FY2028 earnings at $30.62 EPS.

A number of other research firms also recently weighed in on FSLR. Bank of America raised their price target on shares of First Solar from $209.00 to $254.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Evercore ISI initiated coverage on shares of First Solar in a report on Monday, October 6th. They issued an “in-line” rating and a $240.00 target price on the stock. Susquehanna boosted their price objective on shares of First Solar from $222.00 to $273.00 and gave the stock a “positive” rating in a report on Monday, October 13th. Needham & Company LLC began coverage on shares of First Solar in a report on Wednesday, October 22nd. They set a “buy” rating and a $286.00 price objective on the stock. Finally, BMO Capital Markets lifted their target price on shares of First Solar from $194.00 to $203.00 and gave the company an “outperform” rating in a research report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $244.81.

First Solar Stock Down 3.3%

First Solar stock opened at $239.60 on Tuesday. The company has a market capitalization of $25.70 billion, a P/E ratio of 20.50, a P/E/G ratio of 0.47 and a beta of 1.38. The firm’s fifty day simple moving average is $216.38 and its 200-day simple moving average is $180.86. The company has a current ratio of 1.90, a quick ratio of 1.41 and a debt-to-equity ratio of 0.04. First Solar has a 1-year low of $116.56 and a 1-year high of $249.56.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. TD Private Client Wealth LLC boosted its holdings in shares of First Solar by 126.9% in the second quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock valued at $25,000 after buying an additional 85 shares during the period. Strategic Wealth Investment Group LLC acquired a new position in shares of First Solar in the second quarter valued at approximately $26,000. Harbor Investment Advisory LLC boosted its holdings in shares of First Solar by 138.9% in the second quarter. Harbor Investment Advisory LLC now owns 172 shares of the solar cell manufacturer’s stock valued at $28,000 after buying an additional 100 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of First Solar by 69.4% in the second quarter. Hantz Financial Services Inc. now owns 183 shares of the solar cell manufacturer’s stock valued at $30,000 after buying an additional 75 shares during the period. Finally, Wealth Preservation Advisors LLC acquired a new position in First Solar during the first quarter worth $25,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Buying and Selling

In related news, CEO Mark R. Widmar sold 2,321 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $199.44, for a total transaction of $462,900.24. Following the completion of the sale, the chief executive officer directly owned 81,861 shares of the company’s stock, valued at $16,326,357.84. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Nathan B. Theurer sold 686 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $182.03, for a total transaction of $124,872.58. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 30,715 shares of company stock valued at $5,733,305. 0.48% of the stock is currently owned by 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.