Q1 Earnings Forecast for First Solar Issued By William Blair

First Solar, Inc. (NASDAQ:FSLR) – Equities researchers at William Blair issued their Q1 2026 EPS estimates for First Solar in a report issued on Thursday, February 27th. William Blair analyst J. Dorsheimer forecasts that the solar cell manufacturer will earn $3.79 per share for the quarter. The consensus estimate for First Solar’s current full-year earnings is $13.05 per share. William Blair also issued estimates for First Solar’s Q2 2026 earnings at $4.89 EPS, Q3 2026 earnings at $7.12 EPS and Q4 2026 earnings at $7.63 EPS.

A number of other equities analysts also recently weighed in on FSLR. Bank of America dropped their target price on First Solar from $246.00 to $236.00 and set a “buy” rating on the stock in a report on Tuesday, January 28th. Morgan Stanley dropped their target price on First Solar from $297.00 to $238.00 and set an “overweight” rating on the stock in a report on Thursday. Seaport Res Ptn upgraded First Solar from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 15th. Truist Financial reiterated a “buy” rating and issued a $285.00 target price (down previously from $300.00) on shares of First Solar in a report on Wednesday. Finally, UBS Group dropped their price objective on First Solar from $360.00 to $285.00 and set a “buy” rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $263.63.

First Solar Price Performance

Shares of FSLR opened at $141.18 on Friday. The company has a market capitalization of $15.11 billion, a price-to-earnings ratio of 12.16, a P/E/G ratio of 0.19 and a beta of 1.47. First Solar has a fifty-two week low of $140.84 and a fifty-two week high of $306.77. 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 business’s 50-day moving average is $173.30 and its 200-day moving average is $198.68.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings data on Tuesday, February 25th. The solar cell manufacturer reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $4.81 by ($1.16). The firm had revenue of $1.51 billion for 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%.

Institutional Investors Weigh In On First Solar

Several hedge funds have recently modified their holdings of the business. Raymond James & Associates grew its stake in shares of First Solar by 10.1% in the third quarter. Raymond James & Associates now owns 13,040 shares of the solar cell manufacturer’s stock worth $3,253,000 after acquiring an additional 1,197 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of First Solar by 4.9% in the third quarter. Private Advisor Group LLC now owns 3,877 shares of the solar cell manufacturer’s stock worth $967,000 after acquiring an additional 180 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of First Solar by 12.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 5,912 shares of the solar cell manufacturer’s stock worth $1,475,000 after acquiring an additional 636 shares during the last quarter. State of Alaska Department of Revenue grew its stake in shares of First Solar by 6.8% in the third quarter. State of Alaska Department of Revenue now owns 12,434 shares of the solar cell manufacturer’s stock worth $3,101,000 after acquiring an additional 795 shares during the last quarter. Finally, New York State Teachers Retirement System grew its stake in shares of First Solar by 10.9% in the third quarter. New York State Teachers Retirement System now owns 104,400 shares of the solar cell manufacturer’s stock worth $26,042,000 after acquiring an additional 10,232 shares during the last quarter. 92.08% of the stock is owned by institutional investors.

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.