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 (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.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on FSLR shares. Wells Fargo & Company lowered their price target on First Solar from $240.00 to $209.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Evercore ISI decreased their price target on shares of First Solar from $281.00 to $278.00 and set an “outperform” rating for the company in a research report on Wednesday, October 30th. Susquehanna decreased their price objective on shares of First Solar from $280.00 to $252.00 and set a “positive” rating for the company in a report on Wednesday, October 30th. Morgan Stanley cut their price target on shares of First Solar from $329.00 to $297.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. Finally, Bank of America decreased their target price on First Solar from $246.00 to $236.00 and set a “buy” rating for the company in a research note on Tuesday, January 28th. Three investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $271.96.

First Solar Price Performance

FSLR stock traded up $14.10 during midday trading on Wednesday, reaching $161.56. 4,797,978 shares of the stock were exchanged, compared to its average volume of 2,411,071. The stock has a market capitalization of $17.30 billion, a PE ratio of 13.98, a P/E/G ratio of 0.19 and a beta of 1.47. First Solar has a 52 week low of $144.28 and a 52 week high of $306.77. The company has a fifty day moving average price of $174.55 and a 200 day moving average price of $199.38. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 1.44.

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

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.