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First Solar (FSLR) Declines More Than Market: Some Information for Investors
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First Solar (FSLR - Free Report) ended the recent trading session at $171.25, demonstrating a -2.04% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.
The largest U.S. solar company's stock has dropped by 8.93% in the past month, falling short of the Oils-Energy sector's gain of 8.71% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of First Solar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company is forecasted to report an EPS of $4.64, showcasing a 9.43% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.31 billion, showing a 17.68% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $17.63 per share and a revenue of $5.07 billion, demonstrating changes of +24.07% and -2.82%, respectively, from the preceding year.
Any recent changes to analyst estimates for First Solar should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.8% lower. First Solar is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, First Solar is at present trading with a Forward P/E ratio of 9.92. This expresses a discount compared to the average Forward P/E of 13.4 of its industry.
We can additionally observe that FSLR currently boasts a PEG ratio of 0.48. 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 was holding an average PEG ratio of 0.74 at yesterday's closing price.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 218, this industry ranks in the bottom 12% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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First Solar (FSLR) Declines More Than Market: Some Information for Investors
First Solar (FSLR - Free Report) ended the recent trading session at $171.25, demonstrating a -2.04% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 1.21%. On the other hand, the Dow registered a gain of 0.02%, and the technology-centric Nasdaq decreased by 2.6%.
The largest U.S. solar company's stock has dropped by 8.93% in the past month, falling short of the Oils-Energy sector's gain of 8.71% and the S&P 500's loss of 0.03%.
Investors will be eagerly watching for the performance of First Solar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 29, 2026. The company is forecasted to report an EPS of $4.64, showcasing a 9.43% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.31 billion, showing a 17.68% drop compared to the year-ago quarter.
For the full year, the Zacks Consensus Estimates project earnings of $17.63 per share and a revenue of $5.07 billion, demonstrating changes of +24.07% and -2.82%, respectively, from the preceding year.
Any recent changes to analyst estimates for First Solar should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
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, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.8% lower. First Solar is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, First Solar is at present trading with a Forward P/E ratio of 9.92. This expresses a discount compared to the average Forward P/E of 13.4 of its industry.
We can additionally observe that FSLR currently boasts a PEG ratio of 0.48. 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 was holding an average PEG ratio of 0.74 at yesterday's closing price.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 218, this industry ranks in the bottom 12% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.