First Solar, Inc. (FSLR) earnings on April 30, 2026
More First Solar, Inc. earnings
Prior outlook: Pessimistic Outcome: Missed
The stock jumped as much as 7.8% during the day and closed up 4.9% after the earnings report came out.
FSLR price around the earnings
211.65
Change: +4.9%
2026-05-01, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
Mixed outlook; analysts expect growth but momentum is weak.
Analysts anticipate growth for this company, but recent price declines and mixed news present challenges. Despite generally positive analyst ratings, some recent price target reductions temper enthusiasm.
Context analyzed before publication
- Summary
- Mixed outlook; the analyst scenario points to growth, but momentum is weak.
- Reasoning
- The analyst scenario points to growth for this company, but recent price declines and mixed news present challenges. Despite generally positive analyst ratings, some recent price target reductions temper enthusiasm.
- Playbook
- Recent underperformance and mixed analyst targets suggest a cautious scenario. The data shows unclear positive contexts and less favorable reference area.
- Trend
- Analyst sentiment deteriorating over past two sessions.
Analysts
Drivers
-
Analysts
Positive
Analysts generally maintain a buy recommendation with an analyst price target. However, recent reductions in price targets by some analysts may lead to a less optimistic scenario.
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.17
- Analysts covering the stock
- 29
- Average price target
- 246.03
- Lowest price target
- 150
- Highest price target
- 313
- Upside to price target
- 31.8%
- Quarterly earnings growth
- 32.5%
- Revenue growth
- 11.1%
- Forward EPS
- 24.33
- Trailing EPS
- 14.2
- Analyst moves in the last 60 days
- 10
- Strong buy: 9
- Buy: 11
- Hold: 14
- Sell: 1
- Strong sell: 0
- Strong buy
- 9
- Buy
- 11
- Hold
- 14
- Sell
- 1
- Strong sell
- 0
- April 21, 2026 · Citigroup: Maintains rating (Buy → Buy)
- April 21, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- April 9, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- April 7, 2026 · Jefferies: Maintains rating (Hold → Hold)
- March 17, 2026 · Guggenheim: Maintains rating (Buy → Buy)
- March 5, 2026 · Evercore ISI Group: Maintains rating (In-Line → In-Line)
- March 4, 2026 · GLJ Research: Downgrades rating (Buy → Hold)
- March 3, 2026 · Barclays: Maintains rating (Overweight → Overweight)
- March 2, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- February 26, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Neutral
While online sentiment is largely positive, the news flow is not strongly encouraging. The combination of positive chatter and lowered targets creates only moderate support.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (7)
- Citigroup Maintains Buy on First Solar, Lowers Price Target to $243 — Benzinga
- Barclays Maintains Overweight on First Solar, Lowers Price Target to $213 — Benzinga
- Here's How Much $1000 Invested In First Solar 5 Years Ago Would Be Worth Today — Benzinga
- Susquehanna Maintains Positive on First Solar, Lowers Price Target to $250 — Benzinga
- Jefferies Maintains Hold on First Solar, Lowers Price Target to $187 — Benzinga
- After 33% Plunge, First Solar Stock Faces A Death Cross — And Here Comes Tesla — Benzinga
- If You Invested $1000 In First Solar Stock 5 Years Ago, You Would Have This Much Today — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock's price has declined over the last 14 and 30 days, underperforming the broader market. This indicates a negative trend and potential weakness.
Evidence
- Average true range (ATR)
- 4.3%
- Distance to 52-week high
- -34.8%
- 14-day change (14d)
- -6.4%
- 30-day change
- -5.7%
- 30-day relative strength
- -9.5%
- Benchmark change
- +3.8%
- Nearest support
- 183.27
- Nearest resistance
- 209.76
- Volume accumulation ratio
- 0.78
Trends
Evidence
- Average earnings surprise
- -2.0%
- February 24, 2026: actual EPS 4.84 vs estimate 5.17 (surprise -6.3%)
- October 30, 2025: actual EPS 4.24 vs estimate 4.22 (surprise +0.5%)
- July 31, 2025: actual EPS 3.18 vs estimate 2.68 (surprise +18.8%)
- April 29, 2025: actual EPS 1.95 vs estimate 2.47 (surprise -21.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 4.8%
- 75th percentile move
- 8.5%
- 90th percentile move
- 13.4%
- Up / down moves
- 13 / 6
- Average up move
- +5.4%
- Average down move
- -6.6%
Monitoring and close
What First Solar, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- +4.9%
- Max favorable move (MFE)
- 0.7%
- Max adverse move (MAE)
- 7.8%