Q2 Earnings Forecast for First Solar Issued By Roth Capital

First Solar, Inc. (NASDAQ:FSLR) – Research analysts at Roth Capital reduced their Q2 2025 EPS estimates for First Solar in a research note issued to investors on Monday, October 14th. Roth Capital analyst P. Shen now forecasts that the solar cell manufacturer will earn $5.37 per share for the quarter, down from their previous estimate of $5.58. The consensus estimate for First Solar’s current full-year earnings is $13.53 per share. Roth Capital also issued estimates for First Solar’s Q4 2025 earnings at $7.40 EPS, FY2025 earnings at $22.07 EPS, Q1 2026 earnings at $4.27 EPS, Q2 2026 earnings at $6.97 EPS, Q3 2026 earnings at $8.30 EPS and FY2026 earnings at $29.23 EPS.

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

Several other equities analysts have also recently commented on the company. Truist Financial initiated coverage on First Solar in a research note on Thursday, September 26th. They set a “buy” rating and a $300.00 target price for the company. Piper Sandler increased their price objective on shares of First Solar from $219.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, July 22nd. DZ Bank raised shares of First Solar from a “hold” rating to a “buy” rating and set a $280.00 target price for the company in a research note on Thursday, August 1st. Hsbc Global Res raised shares of First Solar to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on First Solar from $215.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 28th. Four investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $283.64.

First Solar Price Performance

Shares of NASDAQ FSLR opened at $203.37 on Thursday. The company has a quick ratio of 1.65, a current ratio of 2.23 and a debt-to-equity ratio of 0.06. First Solar has a fifty-two week low of $129.21 and a fifty-two week high of $306.77. The business has a 50 day moving average price of $227.19 and a two-hundred day moving average price of $222.24. The firm has a market cap of $21.77 billion, a PE ratio of 21.32, a price-to-earnings-growth ratio of 0.38 and a beta of 1.44.

Hedge Funds Weigh In On First Solar

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dixon Mitchell Investment Counsel Inc. bought a new position in First Solar during the first quarter valued at about $25,000. AlphaMark Advisors LLC bought a new position in shares of First Solar in the 3rd quarter valued at approximately $25,000. Atlas Capital Advisors LLC lifted its holdings in First Solar by 411.1% in the 2nd quarter. Atlas Capital Advisors LLC now owns 138 shares of the solar cell manufacturer’s stock worth $31,000 after purchasing an additional 111 shares during the last quarter. Riverview Trust Co bought a new stake in First Solar during the first quarter worth approximately $32,000. Finally, Summit Securities Group LLC acquired a new position in First Solar during the second quarter valued at approximately $36,000. Institutional investors own 92.08% of the company’s stock.

Insider Activity

In related news, insider Patrick James Buehler sold 8,619 shares of the firm’s stock in a transaction that occurred on Tuesday, August 13th. The shares were sold at an average price of $222.00, for a total value of $1,913,418.00. Following the completion of the transaction, the insider now owns 3,468 shares of the company’s stock, valued at approximately $769,896. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, insider Patrick James Buehler sold 8,619 shares of the stock in a transaction dated Tuesday, August 13th. The stock was sold at an average price of $222.00, for a total value of $1,913,418.00. Following the completion of the sale, the insider now directly owns 3,468 shares of the company’s stock, valued at approximately $769,896. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Byron Michael Jeffers sold 500 shares of First Solar stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $220.00, for a total value of $110,000.00. The disclosure for this sale can be found here. Insiders have sold 10,885 shares of company stock worth $2,405,757 over the last 90 days. 0.58% of the stock is owned by company insiders.

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.