First Solar Shares Fall 0.98% on 366th-Ranked $330M Volume as Earnings Beat and Expanded Supply Deal Boost Long-Term Outlook

On August 6, 2025, First Solar (FSLR) closed down 0.98% to $186.01, with a trading volume of $330 million—a 30.02% decline from the previous day. The stock ranked 366th in market activity. Recent earnings and revenue updates, along with supply chain developments, have influenced its performance.

First Solar reported Q2 earnings of $3.18 per share, exceeding estimates by 18.66%, and revenue of $1.1 billion, up 8.6% year-on-year. The company raised its 2025 revenue guidance to $5.38 billion, reflecting stronger demand and operational efficiency. Analysts have upgraded earnings estimates for the current and next fiscal years by 5.5% and 5.4%, respectively, signaling confidence in long-term growth despite a Zacks Rank #3 (Hold) rating.

A key catalyst emerged as 5N Plus expanded its supply agreement with First Solar, increasing semiconductor compound volume commitments through 2028. This partnership, combined with improved pricing visibility due to U.S. tariff policies, has bolstered investor sentiment. However, the solar industry faces broader challenges, including waning demand and regulatory shifts, which have pressured the sector despite First Solar’s relative resilience.

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