First Solar (FSLR) Projected to Announce Earnings on Thursday

First Solar (NASDAQ:FSLR) is anticipated to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect First Solar to announce earnings of $2.99 per share and revenue of $1.0627 billion for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

First Solar (NASDAQ:FSLR) last posted its quarterly earnings results on Thursday, April 30th. The solar cell manufacturer reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $2.87 by $0.35. First Solar had a return on equity of 18.01% and a net margin of 30.73%.The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same quarter in the previous year, the firm earned $1.95 EPS. First Solar’s revenue was up 23.6% on a year-over-year basis. On average, analysts expect First Solar to post $18 EPS for the current fiscal year and $24 EPS for the next fiscal year.

First Solar Price Performance

Shares of FSLR stock opened at $202.59 on Wednesday. The business has a fifty day simple moving average of $247.65 and a 200 day simple moving average of $225.89. The company has a market cap of $21.77 billion, a P/E ratio of 13.09, a P/E/G ratio of 0.46 and a beta of 1.73. The company has a quick ratio of 2.15, a current ratio of 2.56 and a debt-to-equity ratio of 0.02. First Solar has a twelve month low of $171.99 and a twelve month high of $320.95.

Analyst Upgrades and Downgrades

Several research analysts have commented on FSLR shares. Wells Fargo & Company boosted their target price on First Solar from $255.00 to $320.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Deutsche Bank Aktiengesellschaft upgraded shares of First Solar from a “hold” rating to a “buy” rating and raised their price target for the company from $245.00 to $272.00 in a research note on Monday, July 6th. Guggenheim upped their price objective on shares of First Solar from $269.00 to $279.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Susquehanna increased their price objective on shares of First Solar from $250.00 to $270.00 and gave the company a “positive” rating in a research note on Friday, July 10th. Finally, Freedom Capital upgraded shares of First Solar from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, First Solar has an average rating of “Moderate Buy” and an average price target of $257.10.

Insider Activity

In related news, insider Georges Antoun sold 566 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $215.63, for a total value of $122,046.58. Following the completion of the sale, the insider directly owned 19,918 shares in the company, valued at $4,294,918.34. This represents a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Kuntal Kumar Verma sold 582 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $250.00, for a total value of $145,500.00. Following the transaction, the insider directly owned 4,967 shares of the company’s stock, valued at approximately $1,241,750. This represents a 10.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 31,893 shares of company stock valued at $7,893,775. 0.39% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On First Solar

Institutional investors and hedge funds have recently made changes to their positions in the stock. Strategic Wealth Investment Group LLC acquired a new position in shares of First Solar in the second quarter worth approximately $26,000. DV Equities LLC acquired a new stake in First Solar during the 4th quarter valued at approximately $40,000. Aster Capital Management DIFC Ltd acquired a new stake in First Solar during the 4th quarter valued at approximately $49,000. MUFG Securities EMEA plc acquired a new stake in First Solar during the 2nd quarter valued at approximately $52,000. Finally, HM Payson & Co. raised its holdings in First Solar by 188.7% during the 4th quarter. HM Payson & Co. now owns 205 shares of the solar cell manufacturer’s stock worth $54,000 after purchasing an additional 134 shares during the last quarter. Institutional investors and hedge funds own 92.08% of the company’s stock.

First Solar News Roundup

Here are the key news stories impacting First Solar this week:

• Positive Sentiment: First Solar enters its Q2 report with a reported $14.4 billion backlog and continued strength from its U.S. manufacturing operations. These factors could support revenue visibility and domestic production economics, although lower overseas production may weigh on margins. First Solar to Release Q2 Earnings: Here’s What You Need to Know
• Neutral Sentiment: Investors are awaiting First Solar’s Q2 results for updates on manufacturing output, margins, backlog execution and full-year guidance. The company previously reported quarterly earnings above consensus, with revenue up 23.6% year over year, but the current focus is whether overseas production and policy conditions affect the outlook.
• Negative Sentiment: Pomerantz announced that a securities class action has been filed against First Solar and certain officers in federal court. The proposed class covers investors who purchased securities from February 26, 2025, through February 24, 2026, and alleges violations of federal securities laws. The allegations have not been proven, but the litigation creates potential legal costs, reputational risk and an overhang on the shares. Pomerantz Class Action Announcement
• Negative Sentiment: Multiple law firms, including Rosen, SueWallSt, Faruqi, Gross, Robbins and others, are soliciting investors to seek lead-plaintiff status by August 24, 2026. The repeated alerts reference an alleged 13.61% single-day decline and claims that First Solar provided overly favorable tariff expectations before reducing 2026 guidance. These notices amplify concerns about the company’s prior disclosures, even though they largely repeat the same underlying lawsuit. Rosen Investor Deadline Alert

First Solar Company Profile

First Solar, Inc (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations.