First Solar Set to Announce Q2 Earnings: What Analysts Predict and What it Means for Investors

First Solar, Inc. is a solar technology company based in Tempe, Arizona, with a market cap of $19 billion. They manufacture and sell photovoltaic solar modules and designs cadmium telluride solar modules. They are set to announce their Q2 earnings for 2025 on July 29.

Analysts project a profit of $2.63 per share for First Solar, a decrease from $3.25 per share the year before. The company has missed Wall Street’s estimates in three of the last four quarters, falling short by 22% in the previous quarter.

For the full year, analysts expect First Solar to report an EPS of $14.50, up 20.6% from the previous fiscal year and a projected 53.2% growth to $22.21 in fiscal 2026.

First Solar’s stock has declined by 20.3% over the past year, underperforming the S&P 500 and Technology Select Sector SPDR Fund.

Disappointing Q1 results led to an 8.3% drop in First Solar’s share price, with revenue of $844.6 million falling short of expectations. Net income decreased by 11.4% and missed consensus estimates by 22%.

Despite short-term challenges, First Solar remains optimistic about long-term growth in the solar industry. Wall Street analysts rate FSLR as a “Strong Buy,” with a mean price target of $203.01, indicating a 14.7% potential upside.

Read more at Yahoo Finance: What to Expect From First Solar’s Next Quarterly Earnings Report