Q4 Earnings Forecast for First Solar Issued By William Blair

First Solar, Inc. (NASDAQ:FSLR) – Equities research analysts at William Blair cut their Q4 2026 earnings per share estimates for First Solar in a research note issued on Friday, October 31st. William Blair analyst J. Dorsheimer now anticipates that the solar cell manufacturer will post earnings per share of $7.16 for the quarter, down from their previous forecast of $7.62. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share.

First Solar (NASDAQ:FSLR) last posted its earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 earnings per share for the quarter, missing the consensus estimate of $4.32 by ($0.08). First Solar had a net margin of 28.95% and a return on equity of 15.57%. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the business earned $2.91 earnings per share. First Solar’s quarterly revenue was up 79.7% on a year-over-year basis. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS.

Several other equities analysts have also weighed in on FSLR. Robert W. Baird raised their target price on First Solar from $240.00 to $264.00 and gave the company an “outperform” rating in a report on Monday, October 13th. Hsbc Global Res upgraded First Solar to a “strong-buy” rating in a research note on Friday, August 1st. The Goldman Sachs Group reiterated a “buy” rating and issued a $316.00 price objective on shares of First Solar in a research note on Friday. BMO Capital Markets reiterated an “outperform” rating and issued a $273.00 price objective on shares of First Solar in a research note on Friday. Finally, Citigroup lifted their price objective on First Solar from $198.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $261.23.

First Solar Price Performance

NASDAQ FSLR opened at $266.94 on Monday. First Solar has a fifty-two week low of $116.56 and a fifty-two week high of $269.67. The stock’s 50-day moving average is $219.21 and its two-hundred day moving average is $183.78. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.90 and a quick ratio of 1.41. The firm has a market cap of $28.63 billion, a P/E ratio of 22.83, a price-to-earnings-growth ratio of 0.46 and a beta of 1.38.

Hedge Funds Weigh In On First Solar

Several institutional investors and hedge funds have recently added to or reduced their stakes in FSLR. Wealth Preservation Advisors LLC bought a new position in First Solar during the first quarter valued at about $25,000. TD Private Client Wealth LLC grew its stake in shares of First Solar by 126.9% in the 2nd quarter. TD Private Client Wealth LLC now owns 152 shares of the solar cell manufacturer’s stock valued at $25,000 after purchasing an additional 85 shares during the period. Strategic Wealth Investment Group LLC acquired a new position in shares of First Solar in the 2nd quarter worth approximately $26,000. Harbor Investment Advisory LLC lifted its position in shares of First Solar by 138.9% during the 2nd quarter. Harbor Investment Advisory LLC now owns 172 shares of the solar cell manufacturer’s stock worth $28,000 after buying an additional 100 shares during the period. Finally, Hantz Financial Services Inc. boosted its stake in First Solar by 69.4% in the 2nd 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 in the last quarter. 92.08% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CAO Nathan B. Theurer sold 686 shares of the business’s stock in a transaction dated Thursday, August 14th. The stock was sold at an average price of $182.03, for a total transaction of $124,872.58. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Mark R. Widmar sold 23,912 shares of the business’s 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 transaction, the chief executive officer owned 87,978 shares in the company, valued at $16,317,279.66. This represents a 21.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 30,715 shares of company stock worth $5,733,305 over the last 90 days. Corporate insiders own 0.48% of the company’s stock.

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.