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

First Solar (NASDAQ:FSLR) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 17.000-20.000 for the period, compared to the consensus earnings per share 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.

Analyst Ratings Changes

Several brokerages recently issued reports on FSLR. Mizuho raised First Solar from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $218.00 to $259.00 in a research report on Tuesday, February 11th. Morgan Stanley lowered their target price on First Solar from $297.00 to $238.00 and set an “overweight” rating for the company in a research report on Thursday. Deutsche Bank Aktiengesellschaft set a $265.00 price objective on First Solar in a research report on Thursday. Seaport Res Ptn raised First Solar from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 15th. Finally, Piper Sandler lowered their price objective on First Solar from $250.00 to $230.00 and set an “overweight” rating for the company in a research report on Wednesday. Three equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $263.63.

First Solar Stock Down 10.0 %

FSLR stock traded down $15.65 during mid-day trading on Thursday, reaching $141.19. 3,762,490 shares of the company traded hands, compared to its average volume of 2,499,119. First Solar has a fifty-two week low of $141.30 and a fifty-two week high of $306.77. The firm’s 50 day moving average price is $174.00 and its 200 day moving average price is $199.08. The stock has a market cap of $15.12 billion, a price-to-earnings ratio of 12.16, a P/E/G ratio of 0.19 and a beta of 1.47. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05.

First Solar (NASDAQ:FSLR) last announced its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share for the quarter, missing analysts’ consensus estimates of $4.81 by ($1.16). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.48 billion. As a group, equities research analysts predict that First Solar will post 13.05 EPS for the current fiscal 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.