Q1 Earnings Forecast for First Solar Issued By Roth Capital

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of First Solar in a report issued on Wednesday, February 26th. Roth Capital analyst P. Shen now forecasts that the solar cell manufacturer will post earnings per share of $2.43 for the quarter, down from their previous estimate of $3.09. 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 Q2 2025 earnings at $4.75 EPS, Q3 2025 earnings at $5.33 EPS, Q4 2025 earnings at $6.25 EPS, FY2025 earnings at $18.77 EPS, Q1 2026 earnings at $3.30 EPS, Q2 2026 earnings at $5.78 EPS, Q3 2026 earnings at $6.93 EPS, Q4 2026 earnings at $8.25 EPS and FY2026 earnings at $24.27 EPS.

FSLR has been the subject of several other reports. Citigroup decreased their target price on First Solar from $254.00 to $236.00 and set a “neutral” rating for the company in a research report on Wednesday. Barclays lowered their price objective on shares of First Solar from $275.00 to $273.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. UBS Group reduced their target price on shares of First Solar from $360.00 to $285.00 and set a “buy” rating for the company in a research report on Wednesday. Bank of America lowered their price target on shares of First Solar from $246.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, January 28th. Finally, Piper Sandler decreased their target price 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 assigned a strong buy rating to the stock. According to MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and an average target price of $263.63.

First Solar Stock Performance

FSLR stock opened at $141.18 on Friday. The business has a 50 day moving average of $173.30 and a 200-day moving average of $198.68. The firm has a market cap of $15.11 billion, a PE ratio of 12.16, a P/E/G ratio of 0.19 and a beta of 1.47. First Solar has a 12-month low of $140.84 and a 12-month high of $306.77. 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 released its quarterly 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). The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.48 billion. First Solar had a net margin of 32.41% and a return on equity of 17.56%.

Institutional Investors Weigh In On First Solar

Several hedge funds have recently bought and sold shares of FSLR. Whalen Wealth Management Inc. raised its position in shares of First Solar by 47.0% during the 4th quarter. Whalen Wealth Management Inc. now owns 4,859 shares of the solar cell manufacturer’s stock valued at $856,000 after buying an additional 1,554 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its stake in First Solar by 665.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,192 shares of the solar cell manufacturer’s stock worth $7,308,000 after purchasing an additional 34,074 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of First Solar by 36.9% in the 3rd quarter. Stifel Financial Corp now owns 21,446 shares of the solar cell manufacturer’s stock worth $5,350,000 after purchasing an additional 5,780 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of First Solar by 9.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 595,267 shares of the solar cell manufacturer’s stock valued at $104,910,000 after purchasing an additional 49,074 shares during the last quarter. Finally, Paragon Capital Management Inc. purchased a new position in shares of First Solar during the 4th quarter valued at about $1,240,000. 92.08% of the stock is currently owned by institutional investors.

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.