Q4 Earnings Estimate for First Solar Issued By William Blair

First Solar, Inc. (NASDAQ:FSLR) – Analysts at William Blair dropped their Q4 2026 EPS estimates for shares of First Solar in a report released on Friday, October 31st. William Blair analyst J. Dorsheimer now expects that the solar cell manufacturer will post earnings of $7.16 per share for the quarter, down from their prior estimate of $7.62. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share.

Other analysts also recently issued reports about the stock. Glj Research restated a “buy” rating and set a $214.06 price target (up from $172.53) on shares of First Solar in a research report on Tuesday, August 12th. Robert W. Baird boosted their price target on shares of First Solar from $240.00 to $264.00 and gave the stock an “outperform” rating in a research report on Monday, October 13th. Hsbc Global Res upgraded shares of First Solar to a “strong-buy” rating in a research report on Friday, August 1st. Wolfe Research boosted their target price on shares of First Solar from $232.00 to $247.00 in a report on Friday. Finally, Royal Bank Of Canada boosted their target price on shares of First Solar from $201.00 to $244.00 and gave the stock an “outperform” rating in a report on Monday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, First Solar presently has a consensus rating of “Moderate Buy” and an average target price of $266.23.

First Solar Stock Down 0.5%

FSLR stock opened at $265.70 on Monday. First Solar has a 52 week low of $116.56 and a 52 week high of $275.08. The company has a market capitalization of $28.50 billion, a price-to-earnings ratio of 22.73, a price-to-earnings-growth ratio of 0.46 and a beta of 1.38. The firm’s 50-day moving average is $220.53 and its two-hundred day moving average is $184.75. 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 (NASDAQ:FSLR) last released its quarterly earnings results on Thursday, October 30th. The solar cell manufacturer reported $4.24 EPS for the quarter, missing analysts’ consensus estimates of $4.32 by ($0.08). First Solar had a return on equity of 15.57% and a net margin of 28.95%.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 firm posted $2.91 earnings per share. The firm’s quarterly revenue was up 79.7% compared to the same quarter last year. First Solar has set its FY 2025 guidance at 14.000-15.000 EPS.

Insider Activity at First Solar

In other news, CEO Mark R. Widmar sold 23,912 shares of First Solar stock in a transaction that occurred on 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 directly owned 87,978 shares of the company’s stock, valued at $16,317,279.66. This trade represents a 21.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Nathan B. Theurer sold 686 shares of First Solar stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $182.03, for a total transaction of $124,872.58. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 30,715 shares of company stock worth $5,733,305. 0.48% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FSLR. Allspring Global Investments Holdings LLC increased its position in shares of First Solar by 25.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 49,302 shares of the solar cell manufacturer’s stock worth $6,289,000 after acquiring an additional 10,110 shares in the last quarter. Amalgamated Bank increased its position in shares of First Solar by 1.5% in the first quarter. Amalgamated Bank now owns 20,887 shares of the solar cell manufacturer’s stock worth $2,641,000 after acquiring an additional 311 shares in the last quarter. Teacher Retirement System of Texas purchased a new position in shares of First Solar in the first quarter worth approximately $1,880,000. Mutual Advisors LLC increased its position in shares of First Solar by 27.9% in the first quarter. Mutual Advisors LLC now owns 1,871 shares of the solar cell manufacturer’s stock worth $237,000 after acquiring an additional 408 shares in the last quarter. Finally, IFM Investors Pty Ltd grew its position in First Solar by 6.9% during the first quarter. IFM Investors Pty Ltd now owns 22,496 shares of the solar cell manufacturer’s stock valued at $2,844,000 after purchasing an additional 1,453 shares in the last quarter. 92.08% of the stock is owned by hedge funds and other institutional investors.

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.