First Solar Q2 Earnings Outlook: Analysts Expect 17.5% YoY EPS Decline and 4% Revenue Growth

First Solar (FSLR) is expected to post a Q2 EPS of $2.68, a 17.5% decline YoY, with revenue growth of 4% to $1.04 billion. Analysts forecast a 13% upside potential from its current price, with the average analyst price target at $202.75. GuruFocus estimates a significant 69.89% upside based on the GF Value, suggesting a fair value of $304.33 for First Solar.

First Solar (FSLR), a leading solar panel manufacturer, is scheduled to report its second-quarter 2025 earnings on July 31, 2025, after the market close. Analysts are expecting the company to post a Q2 EPS of $2.68, a 17.5% decline year-over-year (YoY), with revenue growth of 4% to $1.04 billion [1].

The company has been facing challenges in recent quarters, with analysts expecting a slowdown in revenue growth compared to the robust 24.6% increase recorded in the same quarter last year. Despite this, analysts have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay on course heading into earnings [1].

First Solar’s peers in the electrical equipment segment have shown positive performance. Nextracker, for instance, delivered year-on-year revenue growth of 20%, beating analysts’ expectations by 2.3%, while Enphase reported revenues up 19.7%, topping estimates by 1.3%. However, Enphase traded down 14.2% following the results, indicating that investors are cautious about the sector [1].

Investors are also keeping an eye on First Solar’s cash position. The company has been known to buy back its shares when the price is right, which could potentially boost shareholder value. GuruFocus estimates a significant 69.89% upside based on the GF Value, suggesting a fair value of $304.33 for First Solar [2].

Despite the mixed expectations, there is a 13% upside potential from its current price, with the average analyst price target at $202.75. Investors will be closely monitoring First Solar’s earnings report to gauge its performance and the potential for future growth.

References:
[1] https://finance.yahoo.com/news/first-solar-fslr-q2-earnings-031051173.html
[2] https://finance.yahoo.com/news/first-solar-set-post-q2-142400117.html