First Solar (NASDAQ:FSLR) Updates 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 Stock Performance

Shares of First Solar stock traded down $15.65 on Thursday, hitting $141.19. The stock had a trading volume of 3,762,490 shares, compared to its average volume of 2,499,119. First Solar has a twelve month low of $141.30 and a twelve month high of $306.77. The business’s 50 day moving average is $174.00 and its two-hundred day moving average is $199.08. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. The stock has a market cap of $15.12 billion, a price-to-earnings ratio of 12.16, a price-to-earnings-growth ratio of 0.19 and a beta of 1.47.

First Solar (NASDAQ:FSLR) last issued its quarterly earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.48 billion. First Solar had a net margin of 32.41% and a return on equity of 17.56%. Analysts forecast that First Solar will post 13.05 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on FSLR. Morgan Stanley cut their price target on First Solar from $297.00 to $238.00 and set an “overweight” rating for the company in a research note on Thursday. Seaport Res Ptn upgraded First Solar from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Citigroup cut their price target on First Solar from $254.00 to $236.00 and set a “neutral” rating for the company in a research note on Wednesday. The Goldman Sachs Group cut their price target on First Solar from $311.00 to $279.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Finally, Barclays cut their target price on First Solar from $275.00 to $273.00 and set an “overweight” rating for the company in a research note on Monday, January 27th. Three research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, First Solar currently has an average rating of “Moderate Buy” and an average target price of $263.63.

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.