Zacks Research Has Negative View of First Solar Q3 Earnings

First Solar, Inc. (NASDAQ:FSLR) – Stock analysts at Zacks Research lowered their Q3 2025 earnings per share estimates for First Solar in a research note issued to investors on Tuesday, November 19th. Zacks Research analyst A. Dutta now expects that the solar cell manufacturer will earn $3.82 per share for the quarter, down from their prior forecast of $4.80. The consensus estimate for First Solar’s current full-year earnings is $13.16 per share. Zacks Research also issued estimates for First Solar’s Q2 2026 earnings at $5.75 EPS and Q3 2026 earnings at $4.96 EPS.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings data on Tuesday, October 29th. The solar cell manufacturer reported $2.91 EPS for the quarter, missing analysts’ consensus estimates of $3.10 by ($0.19). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The firm had revenue of $887.70 million for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the business earned $2.50 EPS. First Solar’s revenue for the quarter was up 10.7% compared to the same quarter last year.

Several other research firms have also issued reports on FSLR. Hsbc Global Res raised shares of First Solar to a “strong-buy” rating in a research note on Wednesday, October 9th. Citigroup raised First Solar from a “neutral” rating to a “buy” rating and raised their price objective for the company from $200.00 to $254.00 in a report on Tuesday, October 22nd. Susquehanna reduced their target price on First Solar from $280.00 to $252.00 and set a “positive” rating for the company in a research note on Wednesday, October 30th. Truist Financial began coverage on First Solar in a research report on Thursday, September 26th. They set a “buy” rating and a $300.00 target price on the stock. Finally, Morgan Stanley reduced their price objective on shares of First Solar from $329.00 to $297.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Four investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $280.50.

First Solar Stock Down 1.2 %

FSLR stock opened at $182.66 on Friday. First Solar has a one year low of $135.88 and a one year high of $306.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.44 and a current ratio of 2.14. The firm’s fifty day moving average is $213.50 and its 200 day moving average is $225.40. The firm has a market cap of $19.56 billion, a PE ratio of 15.73, a P/E/G ratio of 0.33 and a beta of 1.48.

Institutional Investors Weigh In On First Solar

Several hedge funds and other institutional investors have recently bought and sold shares of FSLR. AlphaMark Advisors LLC purchased a new stake in shares of First Solar in the 3rd quarter valued at approximately $25,000. Strengthening Families & Communities LLC purchased a new position in First Solar in the third quarter worth approximately $25,000. Kennebec Savings Bank acquired a new stake in First Solar during the third quarter worth $29,000. Atlas Capital Advisors LLC raised its position in First Solar by 411.1% in the second quarter. Atlas Capital Advisors LLC now owns 138 shares of the solar cell manufacturer’s stock valued at $31,000 after purchasing an additional 111 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of First Solar by 214.0% in the 3rd quarter. Larson Financial Group LLC now owns 157 shares of the solar cell manufacturer’s stock valued at $39,000 after purchasing an additional 107 shares during the last quarter. 92.08% of the stock is currently owned by institutional investors and hedge funds.

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.