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 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.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Wells Fargo & Company decreased their price target on shares of First Solar from $240.00 to $209.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. Janney Montgomery Scott upgraded shares of 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. Guggenheim reiterated a “buy” rating and issued a $335.00 target price on shares of First Solar in a report on Wednesday, January 22nd. Susquehanna dropped their target price on First Solar from $280.00 to $252.00 and set a “positive” rating on the stock in a research report on Wednesday, October 30th. Finally, StockNews.com raised shares of First Solar from a “sell” rating to a “hold” rating in a report on Thursday, January 2nd. Three equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, First Solar presently has an average rating of “Moderate Buy” and a consensus price target of $271.96.

First Solar Trading Up 9.6 %

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

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share 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 analysts’ expectations of $1.48 billion. First Solar had a net margin of 32.41% and a return on equity of 17.56%. As a group, analysts anticipate that First Solar will post 13.05 earnings per share for the current fiscal year.

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.