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First Solar (FSLR) Falls More Steeply Than Broader Market: What Investors Need to Know
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First Solar (FSLR - Free Report) closed the most recent trading day at $173.18, moving -3.15% from the previous trading session. This change lagged the S&P 500's daily loss of 1.09%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 2.15%.
The largest U.S. solar company's shares have seen a decrease of 11.11% over the last month, not keeping up with the Oils-Energy sector's gain of 0.3% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of First Solar in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2026. The company is expected to report EPS of $4.64, up 9.43% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.31 billion, down 17.68% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.63 per share and a revenue of $5.07 billion, indicating changes of +24.07% and -2.82%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for First Solar. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 0.8% decrease. As of now, First Solar holds a Zacks Rank of #3 (Hold).
In terms of valuation, First Solar is presently being traded at a Forward P/E ratio of 10.15. This represents a discount compared to its industry average Forward P/E of 13.12.
It's also important to note that FSLR currently trades at a PEG ratio of 0.49. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Solar stocks are, on average, holding a PEG ratio of 0.76 based on yesterday's closing prices.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 230, this industry ranks in the bottom 7% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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First Solar (FSLR) Falls More Steeply Than Broader Market: What Investors Need to Know
First Solar (FSLR - Free Report) closed the most recent trading day at $173.18, moving -3.15% from the previous trading session. This change lagged the S&P 500's daily loss of 1.09%. Elsewhere, the Dow saw a downswing of 0.34%, while the tech-heavy Nasdaq depreciated by 2.15%.
The largest U.S. solar company's shares have seen a decrease of 11.11% over the last month, not keeping up with the Oils-Energy sector's gain of 0.3% and the S&P 500's gain of 2.44%.
The investment community will be closely monitoring the performance of First Solar in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2026. The company is expected to report EPS of $4.64, up 9.43% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.31 billion, down 17.68% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.63 per share and a revenue of $5.07 billion, indicating changes of +24.07% and -2.82%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for First Solar. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional 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 0.8% decrease. As of now, First Solar holds a Zacks Rank of #3 (Hold).
In terms of valuation, First Solar is presently being traded at a Forward P/E ratio of 10.15. This represents a discount compared to its industry average Forward P/E of 13.12.
It's also important to note that FSLR currently trades at a PEG ratio of 0.49. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Solar stocks are, on average, holding a PEG ratio of 0.76 based on yesterday's closing prices.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 230, this industry ranks in the bottom 7% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.