First Solar (NASDAQ:FSLR) Updates FY 2025 Earnings Guidance

First Solar (NASDAQ:FSLR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 17.000-20.000 for the period, compared to the consensus estimate of 20.700. The company issued revenue guidance of $5.3 billion-$5.8 billion, compared to the consensus revenue estimate of $5.5 billion. First Solar also updated its FY 2025 guidance to 17.000-20.000 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on FSLR. Royal Bank of Canada reduced their target price on First Solar from $315.00 to $280.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. Wells Fargo & Company decreased their price objective on shares of First Solar from $240.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Susquehanna cut their target price on shares of First Solar from $280.00 to $252.00 and set a “positive” rating on the stock in a report on Wednesday, October 30th. The Goldman Sachs Group decreased their price target on shares of First Solar from $311.00 to $279.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Finally, StockNews.com upgraded First Solar from a “sell” rating to a “hold” rating in a report on Thursday, January 2nd. Two research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $276.38.

First Solar Stock Down 3.6 %

Shares of First Solar stock traded down $5.45 on Tuesday, reaching $147.46. 4,887,630 shares of the company were exchanged, compared to its average volume of 2,335,875. First Solar has a one year low of $141.76 and a one year high of $306.77. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. The company has a 50-day moving average of $175.36 and a 200 day moving average of $199.83. The company has a market capitalization of $15.79 billion, a price-to-earnings ratio of 12.70, a PEG ratio of 0.19 and a beta of 1.47.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. On average, equities research analysts forecast that First Solar will post 13.05 earnings per share for the current year.

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.