Roth Capital Research Analysts Cut Earnings Estimates for First Solar, Inc. (NASDAQ:FSLR)

First Solar, Inc. (NASDAQ:FSLR) – Investment analysts at Roth Capital reduced their Q1 2025 EPS estimates for First Solar in a research report issued to clients and investors on Thursday, May 2nd. Roth Capital analyst P. Shen now anticipates that the solar cell manufacturer will post earnings per share of $3.30 for the quarter, down from their prior forecast of $3.31. The consensus estimate for First Solar’s current full-year earnings is $13.57 per share. Roth Capital also issued estimates for First Solar’s Q4 2025 earnings at $7.66 EPS and FY2026 earnings at $29.80 EPS.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Wednesday, May 1st. The solar cell manufacturer reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.30. The firm had revenue of $794.10 million during the quarter, compared to analysts’ expectations of $718.19 million. First Solar had a return on equity of 16.60% and a net margin of 28.75%. The company’s revenue for the quarter was up 44.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 EPS.

FSLR has been the topic of a number of other research reports. Susquehanna reissued a “positive” rating and issued a $258.00 price target on shares of First Solar in a report on Friday, April 5th. Barclays raised their price objective on First Solar from $224.00 to $227.00 and gave the company an “overweight” rating in a research report on Friday, April 19th. JPMorgan Chase & Co. lifted their price objective on First Solar from $237.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday. Royal Bank of Canada restated an “outperform” rating and issued a $195.00 price target on shares of First Solar in a research note on Wednesday, February 28th. Finally, Oppenheimer lifted their price objective on First Solar from $269.00 to $271.00 and gave the stock an “outperform” rating in a report on Thursday. Three investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $238.16.

First Solar Stock Up 6.1 %

FSLR opened at $191.55 on Friday. The business’s 50-day moving average price is $165.60 and its 200-day moving average price is $158.00. The company has a current ratio of 3.55, a quick ratio of 2.92 and a debt-to-equity ratio of 0.07. First Solar has a 12 month low of $129.21 and a 12 month high of $232.00. The company has a market cap of $20.50 billion, a P/E ratio of 20.08, a P/E/G ratio of 0.30 and a beta of 1.37.

Hedge Funds Weigh In On First Solar

A number of large investors have recently bought and sold shares of FSLR. Mediolanum International Funds Ltd bought a new stake in shares of First Solar in the first quarter valued at about $9,059,000. Wellington Shields & Co. LLC raised its stake in shares of First Solar by 20.8% in the first quarter. Wellington Shields & Co. LLC now owns 5,430 shares of the solar cell manufacturer’s stock worth $917,000 after purchasing an additional 936 shares during the last quarter. GSA Capital Partners LLP lifted its position in First Solar by 4.2% during the first quarter. GSA Capital Partners LLP now owns 4,556 shares of the solar cell manufacturer’s stock valued at $769,000 after purchasing an additional 182 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in First Solar by 27.5% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 52,257 shares of the solar cell manufacturer’s stock valued at $8,821,000 after acquiring an additional 11,276 shares during the period. Finally, Nordea Investment Management AB boosted its stake in shares of First Solar by 6.1% during the 1st quarter. Nordea Investment Management AB now owns 6,725 shares of the solar cell manufacturer’s stock worth $1,130,000 after acquiring an additional 389 shares in the last quarter. Hedge funds and other institutional investors own 92.08% of the company’s stock.

Insider Transactions at First Solar

In related news, insider Georges Antoun sold 2,400 shares of the business’s stock in a transaction dated Thursday, April 4th. The stock was sold at an average price of $176.00, for a total value of $422,400.00. Following the sale, the insider now directly owns 37,412 shares in the company, valued at $6,584,512. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, insider Georges Antoun sold 2,400 shares of the company’s stock in a transaction dated Thursday, April 4th. The shares were sold at an average price of $176.00, for a total transaction of $422,400.00. Following the sale, the insider now directly owns 37,412 shares in the company, valued at approximately $6,584,512. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director R Craig Kennedy sold 1,500 shares of First Solar stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $157.76, for a total value of $236,640.00. Following the completion of the transaction, the director now owns 15,641 shares of the company’s stock, valued at approximately $2,467,524.16. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 26,620 shares of company stock valued at $4,269,540. 0.58% of the stock is currently owned by corporate insiders.

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.