Q2 2026 EPS Estimates for First Solar, Inc. Reduced by Zacks Research (NASDAQ:FSLR)

First Solar, Inc. (NASDAQ:FSLR) – Analysts at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for shares of First Solar in a research report issued to clients and investors on Tuesday, September 24th. Zacks Research analyst A. Dutta now anticipates that the solar cell manufacturer will earn $5.21 per share for the quarter, down from their prior forecast of $5.32. The consensus estimate for First Solar’s current full-year earnings is $13.62 per share. Zacks Research also issued estimates for First Solar’s FY2026 earnings at $23.77 EPS.

First Solar (NASDAQ:FSLR) last issued its earnings results on Tuesday, July 30th. The solar cell manufacturer reported $3.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.56. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $939.71 million. First Solar had a net margin of 31.98% and a return on equity of 17.73%. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.85 earnings per share.

A number of other brokerages also recently weighed in on FSLR. DZ Bank raised First Solar from a “hold” rating to a “buy” rating and set a $280.00 price target on the stock in a research report on Thursday, August 1st. Royal Bank of Canada reissued an “outperform” rating and set a $315.00 target price on shares of First Solar in a report on Wednesday, July 31st. Robert W. Baird cut their price target on First Solar from $344.00 to $307.00 and set an “outperform” rating for the company in a report on Tuesday, July 2nd. Clarkson Capital started coverage on shares of First Solar in a report on Wednesday, August 14th. They issued a “buy” rating and a $270.00 price objective on the stock. Finally, William Blair assumed coverage on shares of First Solar in a research report on Thursday, August 29th. They issued a “market perform” rating on the stock. Five research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $284.12.

First Solar Stock Up 0.0 %

Shares of FSLR stock opened at $255.75 on Friday. First Solar has a 52-week low of $129.21 and a 52-week high of $306.77. The stock has a market cap of $27.38 billion, a price-to-earnings ratio of 26.81, a PEG ratio of 0.42 and a beta of 1.44. The firm’s 50-day moving average is $225.51 and its 200-day moving average is $215.79. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.65 and a current ratio of 2.23.

Institutional Investors Weigh In On First Solar

Several hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. raised its position in First Solar by 6.3% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 259,177 shares of the solar cell manufacturer’s stock valued at $43,749,000 after purchasing an additional 15,430 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in First Solar by 20.3% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 121,055 shares of the solar cell manufacturer’s stock worth $20,434,000 after buying an additional 20,465 shares during the period. Northern Trust Corp boosted its position in First Solar by 1.7% during the 4th quarter. Northern Trust Corp now owns 1,020,527 shares of the solar cell manufacturer’s stock worth $175,816,000 after buying an additional 16,756 shares during the period. Legend Financial Advisors Inc. bought a new stake in First Solar during the 1st quarter worth approximately $759,000. Finally, Burford Brothers Inc. acquired a new position in First Solar in the 4th quarter valued at approximately $3,539,000. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Buying and Selling at First Solar

In other news, CAO Byron Michael Jeffers sold 1,766 shares of the business’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $216.50, for a total transaction of $382,339.00. Following the completion of the transaction, the chief accounting officer now owns 500 shares of the company’s stock, valued at approximately $108,250. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, CAO Byron Michael Jeffers sold 1,766 shares of the firm’s stock in a transaction that occurred on Wednesday, August 7th. The shares were sold at an average price of $216.50, for a total value of $382,339.00. Following the sale, the chief accounting officer now directly owns 500 shares in the company, valued at approximately $108,250. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Patrick James Buehler sold 8,619 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was sold at an average price of $222.00, for a total transaction of $1,913,418.00. Following the transaction, the insider now owns 3,468 shares of the company’s stock, valued at $769,896. The disclosure for this sale can be found here. In the last quarter, insiders have sold 10,885 shares of company stock valued at $2,405,757. 0.58% of the stock is currently owned by corporate insiders.

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.