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 (EPS) guidance of 17.000-20.000 for the period, compared to the consensus 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

FSLR traded down $5.45 on Tuesday, hitting $147.46. 5,073,468 shares of the company’s stock were exchanged, compared to its average volume of 2,346,479. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. The stock has a fifty day moving average of $175.36 and a two-hundred day moving average of $199.83. First Solar has a twelve month low of $141.76 and a twelve month high of $306.77. The firm has a market cap of $15.79 billion, a PE ratio of 12.70, a P/E/G ratio of 0.19 and a beta of 1.47.

First Solar (NASDAQ:FSLR) last announced 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). First Solar had a return on equity of 17.56% and a net margin of 32.41%. On average, research analysts anticipate that First Solar will post 13.05 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on FSLR shares. Bank of America lowered their price target on shares of First Solar from $246.00 to $236.00 and set a “buy” rating for the company in a research report on Tuesday, January 28th. Barclays lowered their price objective on shares of First Solar from $275.00 to $273.00 and set an “overweight” rating on the stock in a research note on Monday, January 27th. Morgan Stanley cut their target price on shares of First Solar from $329.00 to $297.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. Evercore ISI decreased their price target on shares of First Solar from $281.00 to $278.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Finally, Piper Sandler upped their price target on First Solar from $210.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, December 2nd. Two equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, First Solar currently 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.