Seaport Res Ptn Lowers Earnings Estimates for First Solar

First Solar, Inc. (NASDAQ:FSLR) – Equities research analysts at Seaport Res Ptn decreased their Q1 2026 earnings per share (EPS) estimates for shares of First Solar in a note issued to investors on Friday, May 2nd. Seaport Res Ptn analyst T. Curran now expects that the solar cell manufacturer will earn $3.94 per share for the quarter, down from their previous forecast of $4.35. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. Seaport Res Ptn also issued estimates for First Solar’s Q3 2026 earnings at $6.57 EPS and Q4 2026 earnings at $7.15 EPS.

FSLR has been the subject of a number of other reports. Redburn Atlantic initiated coverage on First Solar in a report on Monday, March 3rd. They set a “neutral” rating for the company. Mizuho upgraded shares of First Solar from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $218.00 to $259.00 in a research report on Tuesday, February 11th. TD Cowen dropped their price objective on shares of First Solar from $275.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, April 30th. KeyCorp downgraded First Solar from a “sector weight” rating to an “underweight” rating and set a $100.00 target price on the stock. in a report on Wednesday, April 30th. Finally, BMO Capital Markets dropped their price target on First Solar from $200.00 to $187.00 and set an “outperform” rating for the company in a report on Wednesday, April 30th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $223.87.

First Solar Price Performance

First Solar stock opened at $127.16 on Monday. The business has a 50 day simple moving average of $130.43 and a 200 day simple moving average of $165.33. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.14 and a quick ratio of 1.44. The company has a market capitalization of $13.64 billion, a PE ratio of 10.95, a price-to-earnings-growth ratio of 0.19 and a beta of 1.48. First Solar has a one year low of $116.56 and a one year high of $306.77.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Tuesday, April 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing analysts’ consensus estimates of $2.50 by ($0.55). First Solar had a return on equity of 17.56% and a net margin of 32.41%. The business had revenue of $844.57 million for the quarter, compared to analyst estimates of $863.11 million. During the same quarter in the prior year, the firm earned $2.20 EPS. The firm’s quarterly revenue was up 6.4% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in FSLR. Whalen Wealth Management Inc. lifted its stake in First Solar by 47.0% in the fourth quarter. Whalen Wealth Management Inc. now owns 4,859 shares of the solar cell manufacturer’s stock valued at $856,000 after acquiring an additional 1,554 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in First Solar by 665.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,192 shares of the solar cell manufacturer’s stock worth $7,308,000 after purchasing an additional 34,074 shares during the period. Paragon Capital Management Inc. bought a new stake in First Solar in the fourth quarter valued at approximately $1,240,000. Robeco Institutional Asset Management B.V. boosted its stake in shares of First Solar by 9.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 595,267 shares of the solar cell manufacturer’s stock worth $104,910,000 after acquiring an additional 49,074 shares during the period. Finally, Golden State Equity Partners increased its holdings in shares of First Solar by 41,342.9% during the 4th quarter. Golden State Equity Partners now owns 2,901 shares of the solar cell manufacturer’s stock worth $511,000 after acquiring an additional 2,894 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

Insider Transactions at First Solar

In other news, insider Kuntal Kumar Verma sold 7,475 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $136.60, for a total transaction of $1,021,085.00. Following the completion of the transaction, the insider now directly owns 3,549 shares of the company’s stock, valued at $484,793.40. This trade represents a 67.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Georges Antoun sold 229 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $133.75, for a total transaction of $30,628.75. Following the transaction, the insider now owns 52,836 shares of the company’s stock, valued at $7,066,815. The trade was a 0.43 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 34,311 shares of company stock valued at $4,767,158 over the last three months. Company insiders own 0.48% of the company’s stock.

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.