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First Solar (FSLR) Rises As Market Takes a Dip: Key Facts

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First Solar (FSLR - Free Report) ended the recent trading session at $208.86, demonstrating a +1.36% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.14%. At the same time, the Dow lost 0.01%, and the tech-heavy Nasdaq lost 0.57%.

Coming into today, shares of the largest U.S. solar company had lost 17.33% in the past month. In that same time, the Oils-Energy sector gained 5.65%, while the S&P 500 gained 0.25%.

Analysts and investors alike will be keeping a close eye on the performance of First Solar in its upcoming earnings disclosure. The company's earnings report is set to go public on July 30, 2026. In that report, analysts expect First Solar to post earnings of $2.74 per share. This would mark a year-over-year decline of 13.84%. Meanwhile, our latest consensus estimate is calling for revenue of $1.06 billion, down 3.31% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.54 per share and a revenue of $5.1 billion, indicating changes of +23.43% and -2.21%, respectively, from the former year.

Investors should also note any recent changes to analyst estimates for First Solar. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.39% decrease. First Solar is currently sporting a Zacks Rank of #3 (Hold).

In terms of valuation, First Solar is currently trading at a Forward P/E ratio of 11.75. This indicates a discount in contrast to its industry's Forward P/E of 19.04.

Meanwhile, FSLR's PEG ratio is currently 0.46. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Solar industry had an average PEG ratio of 0.9 as trading concluded yesterday.

The Solar industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 53, putting it in the top 22% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

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