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

First Solar (NASDAQ:FSLR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 17.000-20.000 for the period, compared to the consensus earnings per share 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 stock traded down $5.45 on Tuesday, reaching $147.46. The company had a trading volume of 5,073,468 shares, compared to its average volume of 2,346,479. The stock has a market cap of $15.79 billion, a PE ratio of 12.70, a PEG ratio of 0.19 and a beta of 1.47. The company has a 50-day moving average of $175.36 and a 200-day moving average of $199.83. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. First Solar has a 12 month low of $141.76 and a 12 month high of $306.77.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 EPS for the quarter, missing the consensus estimate of $4.81 by ($1.16). First Solar had a net margin of 32.41% and a return on equity of 17.56%. On average, equities analysts forecast that First Solar will post 13.05 earnings per share for the current year.

Analysts Set New Price Targets

FSLR has been the topic of several recent analyst reports. Guggenheim reiterated a “buy” rating and set a $335.00 target price on shares of First Solar in a report on Wednesday, January 22nd. Janney Montgomery Scott upgraded First Solar from a “neutral” rating to a “buy” rating and set a $260.00 price objective for the company in a research report on Tuesday, October 29th. Susquehanna dropped their target price on shares of First Solar from $280.00 to $252.00 and set a “positive” rating on the stock in a report on Wednesday, October 30th. StockNews.com raised shares of First Solar from a “sell” rating to a “hold” rating in a research note on Thursday, January 2nd. Finally, Mizuho raised shares of First Solar from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $218.00 to $259.00 in a research report on Tuesday, February 11th. Two investment 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 stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target 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.