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

First Solar (NASDAQ:FSLR) updated its FY 2025 earnings guidance on Tuesday. 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.

First Solar Trading Down 3.6 %

Shares of FSLR traded down $5.45 during mid-day trading on Tuesday, hitting $147.46. The company had a trading volume of 5,073,468 shares, compared to its average volume of 2,346,479. First Solar has a 1-year low of $141.76 and a 1-year 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. The business’s 50-day simple moving average is $175.36 and its 200-day simple moving average is $199.83. The stock has a market cap of $15.79 billion, a PE ratio of 12.70, a P/E/G ratio of 0.19 and a beta of 1.47.

First Solar (NASDAQ:FSLR) last released its quarterly earnings data on Tuesday, February 25th. The solar cell manufacturer reported $3.65 EPS 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%. Sell-side analysts forecast that First Solar will post 13.05 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Seaport Res Ptn upgraded First Solar from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Robert W. Baird decreased their price objective on shares of First Solar from $307.00 to $267.00 and set an “outperform” rating for the company in a research note on Wednesday, December 18th. Mizuho upgraded shares of First Solar from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $218.00 to $259.00 in a report on Tuesday, February 11th. Janney Montgomery Scott upgraded First Solar from a “neutral” rating to a “buy” rating and set a $260.00 price target for the company in a report on Tuesday, October 29th. Finally, Barclays cut their price objective on First Solar from $275.00 to $273.00 and set an “overweight” rating on the stock in a research report on Monday, January 27th. Two equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $276.38.

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.