First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

First Solar, Inc. демонстрирует сильные финансовые показатели, включая высокий уровень чистой прибыли и операционной прибыли, значительно превышающий медиану отрасли. Мультипликатор P/E ниже медианы, что указывает на возможную недооцененность, однако высокие значения P/S и P/FCF сигнализируют о переоцененности компании. Рентабельность активов (ROA) и собственного капитала (ROE) значительно выше средних значений по отрасли, что свидетельствует о высокой эффективности управления. Долговая нагрузка компании остается низкой, что минимизирует финансовые риски. Тем не менее, уровень валовой маржи ниже медианы, что может вызывать опасения относительно будущей прибыльности. Дивиденды не выплачиваются, что может ограничивать интерес со стороны инвесторов, ориентирующихся на доходность. В целом, позитивные аспекты, такие как рост выручки и прибыли, указывают на устойчивый рост, однако высокие мультипликаторы и низкая валовая маржа требуют осторожности при оценке компании.

First Solar, Inc.

Enphase Energy, Inc. ENPH reported first-quarter 2026 adjusted earnings of 47 cents per share, which decreased 30.9% from 68 cents reported in the prior-year quarter. However, the bottom line topped the Zacks Consensus Estimate of 43 cents by 8.2%.
Including one-time adjustments, the company posted a GAAP loss of 6 cents per share against GAAP earnings of 22 cents in the year-ago quarter.
The year-over-year earnings decline can be attributed to lower revenues as well as lower income from operations from the year-ago quarter.
ENPH’s Revenues
Enphase Energy’s first-quarter revenues of $282.9 million missed the Zacks Consensus Estimate of $284 million by 0.2%. The top line also decreased 28.6% from the prior-year quarter’s reported figure of $356.1 million.
The year-over-year plunge was mainly due to weaker sales in the United States.
Enphase Energy, Inc. Price, Consensus and EPS Surprise
Enphase Energy’s Operational Update
The company’s shipments amounted to approximately 1.41 million microinverters and 103.1 megawatt-hours (MWh) of Enphase IQ Batteries.
The company’s adjusted gross margin decreased 500 basis points year over year to 43.9%.
Adjusted operating expenses dropped 3.1% year over year to $76.9 million.
The adjusted operating income totaled $47.3 million, down 50.1% from the year-ago quarter.
Financial Details of ENPH
Enphase Energy had $497.5 million in cash and cash equivalents as of March 31, 2026 compared with $474.3 million as of Dec. 31, 2025.
The net cash flow from operating activities amounted to $102.9 million as of March 31, 2026 compared with $47.6 million as of Dec. 31, 2025.
Q2 2026 Guidance by Enphase Energy
For the second quarter of 2026, ENPH expects revenues in the range of $280-$310 million. The Zacks Consensus Estimate for second-quarter revenues is pegged at $303.7 million, which is higher than the midpoint of the company’s guided range.
Enphase Energy expects to ship IQ batteries in the range of 100-110 MWh in the second quarter.
Adjusted operating expenses are expected between $75 million and $79 million. This excludes approximately $45 million estimated for stock-based compensation expenses, acquisition-related costs and amortization, as well as restructuring and asset impairment charges.
The adjusted gross margin is expected in the range of 44-47%, excluding stock-based compensation expenses and acquisition-related amortization.
ENPH’s Zacks Rank
Enphase Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Solar Releases
First Solar, Inc. FSLR is scheduled to report first-quarter 2026 results on April 30, after market close. The Zacks Consensus Estimate for FSLR’s earnings is pegged at $2.80 per share, which suggests a year-over-year rise of 43.6%.
The consensus estimate for sales stands at $1.05 billion, which indicates growth of 23.8%.
SolarEdge Technologies SEDG is slated to report first-quarter 2026 results on May 6, before market open. The Zacks Consensus Estimate for SEDG’s earnings is pegged at a loss of 23 cents per share.
The consensus estimate for sales is pegged at $303.4 million, which indicates an improvement of 38.2%.
Sunrun Inc. RUN is slated to report first-quarter 2026 results on May 6, after market close. The Zacks Consensus Estimate for RUN’s earnings is pegged at a loss of 5 cents per share.
The consensus estimate for sales is pegged at $675.3 million, which calls for a jump of 33.9%.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.9% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Enphase Energy Q1 Earnings Beat Estimates, Revenues Decline Y/Y

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Alphabet Inc (Symbol: GOOG), where a total of 122,966 contracts have traded so far, representing approximately 12.3 million underlying shares. That amounts to about 67.5% of GOOG's average daily trading volume over the past month of 18.2 million shares. Particularly high volume was seen for the $340 strike call option expiring April 24, 2026, with 13,084 contracts trading so far today, representing approximately 1.3 million underlying shares of GOOG. Below is a chart showing GOOG's trailing twelve month trading history, with the $340 strike highlighted in orange:
First Solar Inc (Symbol: FSLR) options are showing a volume of 12,988 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 66.9% of FSLR's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $217.50 strike call option expiring April 24, 2026, with 2,200 contracts trading so far today, representing approximately 220,000 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $217.50 strike highlighted in orange:
And American Express Co. (Symbol: AXP) options are showing a volume of 18,574 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 65% of AXP's average daily trading volume over the past month, of 2.9 million shares. Particularly high volume was seen for the $315 strike put option expiring April 24, 2026, with 1,313 contracts trading so far today, representing approximately 131,300 underlying shares of AXP. Below is a chart showing AXP's trailing twelve month trading history, with the $315 strike highlighted in orange:
For the various different available expirations for GOOG options, FSLR options, or AXP options, visit StockOptionsChannel.com.
Also see:
Top Stocks Held By Barry Rosenstein
Institutional Holders of MBUU
Closed End Funds List
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Thursday Option Activity: GOOG, FSLR, AXP

In the latest close session, First Solar (FSLR) was down 3.05% at $186.61. The stock's change was less than the S&P 500's daily loss of 0.64%. Meanwhile, the Dow lost 0.59%, and the Nasdaq, a tech-heavy index, lost 0.59%.
The largest U.S. solar company's stock has climbed by 1.35% in the past month, exceeding the Oils-Energy sector's loss of 3.68% and lagging the S&P 500's gain of 9.33%.
The investment community will be paying close attention to the earnings performance of First Solar in its upcoming release. The company is slated to reveal its earnings on April 30, 2026. The company is forecasted to report an EPS of $2.8, showcasing a 43.59% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.05 billion, indicating a 23.81% increase compared to the same quarter of the previous year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $17.4 per share and a revenue of $5.11 billion, indicating changes of +22.45% and -2.19%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for First Solar. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.3% lower. As of now, First Solar holds a Zacks Rank of #5 (Strong Sell).
With respect to valuation, First Solar is currently being traded at a Forward P/E ratio of 11.06. This indicates a discount in contrast to its industry's Forward P/E of 16.14.
It's also important to note that FSLR currently trades at a PEG ratio of 0.43. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Solar industry was having an average PEG ratio of 0.84.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 206, this industry ranks in the bottom 16% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

First Solar (FSLR) Suffers a Larger Drop Than the General Market: Key Insights

First Solar (FSLR) closed at $195.20 in the latest trading session, marking a -2.7% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw a downswing of 0.15%, while the tech-heavy Nasdaq appreciated by 1.6%.
The largest U.S. solar company's shares have seen an increase of 0.09% over the last month, not keeping up with the Oils-Energy sector's gain of 0.77% and the S&P 500's gain of 5.15%.
The upcoming earnings release of First Solar will be of great interest to investors. On that day, First Solar is projected to report earnings of $2.8 per share, which would represent year-over-year growth of 43.59%. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 23.82% upward movement from the same quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $17.4 per share and a revenue of $5.11 billion, demonstrating changes of +22.45% and -2.19%, respectively, from the preceding year.
Any recent changes to analyst estimates for First Solar should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 6.34% downward. First Solar currently has a Zacks Rank of #5 (Strong Sell).
Investors should also note First Solar's current valuation metrics, including its Forward P/E ratio of 11.53. This expresses a discount compared to the average Forward P/E of 16.19 of its industry.
Investors should also note that FSLR has a PEG ratio of 0.43 right now. 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. As the market closed yesterday, the Solar industry was having an average PEG ratio of 0.75.
The Solar industry is part of the Oils-Energy sector. Currently, this industry holds a Zacks Industry Rank of 198, positioning it in the bottom 19% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

First Solar (FSLR) Stock Sinks As Market Gains: Here's Why

In the latest trading session, First Solar (FSLR) closed at $186.43, marking a -0.02% move from the previous day. This change lagged the S&P 500's 1.26% gain on the day. Elsewhere, the Dow gained 0.8%, while the tech-heavy Nasdaq added 1.77%.
The largest U.S. solar company's stock has dropped by 5.79% in the past month, falling short of the Oils-Energy sector's loss of 5.1% and the S&P 500's loss of 2.82%.
Market participants will be closely following the financial results of First Solar in its upcoming release. It is anticipated that the company will report an EPS of $4.77, marking a 46.77% rise compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.47 billion, indicating a 26.75% growth compared to the corresponding quarter of the prior year.
Investors should also note any recent changes to analyst estimates for First Solar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.06% lower within the past month. First Solar presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, First Solar is holding a Forward P/E ratio of 9.21. This denotes a discount relative to the industry's average Forward P/E of 11.35.
We can additionally observe that FSLR currently boasts a PEG ratio of 0.21. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Solar industry currently had an average PEG ratio of 0.71 as of yesterday's close.
The Solar industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 145, this industry ranks in the bottom 43% 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 use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

First Solar (FSLR) Stock Declines While Market Improves: Some Information for Investors

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Burlington Stores Inc (Symbol: BURL), where a total of 4,244 contracts have traded so far, representing approximately 424,400 underlying shares. That amounts to about 51.3% of BURL's average daily trading volume over the past month of 827,785 shares. Particularly high volume was seen for the $275 strike put option expiring May 08, 2026, with 3,519 contracts trading so far today, representing approximately 351,900 underlying shares of BURL. Below is a chart showing BURL's trailing twelve month trading history, with the $275 strike highlighted in orange:
CVS Health Corporation (Symbol: CVS) saw options trading volume of 36,510 contracts, representing approximately 3.7 million underlying shares or approximately 51% of CVS's average daily trading volume over the past month, of 7.2 million shares. Particularly high volume was seen for the $80 strike call option expiring April 17, 2026, with 1,991 contracts trading so far today, representing approximately 199,100 underlying shares of CVS. Below is a chart showing CVS's trailing twelve month trading history, with the $80 strike highlighted in orange:
And First Solar Inc (Symbol: FSLR) saw options trading volume of 8,533 contracts, representing approximately 853,300 underlying shares or approximately 49.4% of FSLR's average daily trading volume over the past month, of 1.7 million shares. Especially high volume was seen for the $195 strike put option expiring January 15, 2027, with 900 contracts trading so far today, representing approximately 90,000 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $195 strike highlighted in orange:
For the various different available expirations for BURL options, CVS options, or FSLR options, visit StockOptionsChannel.com.
Also see:
Dow Component Preferreds
REFR Price Target
Preferred Stocks By Industry
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy Tuesday Option Activity: BURL, CVS, FSLR

Key Points
Surging oil prices and supply disruptions are shifting energy markets toward reliability and energy security.
GE Vernova benefits from strong backlog visibility and recurring services tied to global power infrastructure.
First Solar’s near-term growth is more sensitive to financing, regulatory conditions, and project timelines.
The energy market is now entering a new phase. Oil prices have surged above $100 per barrel in March 2026 amid escalating tensions in the Middle East. Roughly 20% of global oil and gas supply flows through the Strait of Hormuz, and recent disruptions in the region have heightened concerns around supply stability. Against this backdrop, energy markets are increasingly prioritizing energy security and reliable power supply over purely cost-driven decisions.
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
Investor perceptions about energy stocks such as GE Vernova (NYSE: GEV) and First Solar (NASDAQ: FSLR) also seem to be changing, at least in the short run.
Comparing the two companies
GE Vernova is a global supplier of power and electrification equipment, offering gas turbines, grid equipment, and wind systems that form the backbone of the modern energy infrastructure. In fiscal 2025, the company booked orders worth $59.3 billion and reported revenue of $38.1 billion. The company exited fiscal 2025 with an equipment backlog of $65 billion and a total backlog of $150 billion. The company also expects to reach a backlog of at least $200 billion in the next few years, driven largely by gas power, grid infrastructure, and electrification projects.
GE Vernova's installed equipment base already helps generate roughly 25% of the world's electricity. This, in turn, has created a massive, recurring services opportunity. In fiscal 2025, about 45% of GE Vernova's revenue came from services. The company also had a roughly $85 billion services backlog at the end of fiscal 2025, giving it strong earnings visibility even in uncertain macro environments.
Pure-play solar module manufacturer First Solar also reported impressive results in fiscal 2025, with revenues of $5.2 billion and module shipments reaching 17.5 gigawatts. However, the company's contracted backlog has declined from 68.5 gigawatts at the end of fiscal 2024 to 50.1 gigawatts at the end of fiscal 2025, reflecting contract terminations and a more uncertain demand environment.
Solar deployments are highly sensitive to financing conditions, regulatory approvals, and project execution timelines. All these factors are adversely affected during periods of market volatility. Hence, being a critical enabler of reliable power, GE Vernova appears to be a better pick in the current, increasingly unstable energy market.
Should you buy stock in GE Vernova right now?
Before you buy stock in GE Vernova, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and GE Vernova wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $515,294!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,077,442!*
Now, it’s worth noting Stock Advisor’s total average return is 917% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of April 2, 2026.
Manali Pradhan, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends First Solar and GE Vernova. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

GE Vernova vs. First Solar: Oil Above $100 Just Changed Everything for This Trade

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in First Solar Inc (Symbol: FSLR), where a total volume of 16,077 contracts has been traded thus far today, a contract volume which is representative of approximately 1.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 90.8% of FSLR's average daily trading volume over the past month, of 1.8 million shares. Especially high volume was seen for the $410 strike call option expiring January 21, 2028, with 3,456 contracts trading so far today, representing approximately 345,600 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $410 strike highlighted in orange:
Coinbase Global Inc (Symbol: COIN) saw options trading volume of 115,512 contracts, representing approximately 11.6 million underlying shares or approximately 89.9% of COIN's average daily trading volume over the past month, of 12.8 million shares. Particularly high volume was seen for the $202.50 strike call option expiring April 02, 2026, with 6,983 contracts trading so far today, representing approximately 698,300 underlying shares of COIN. Below is a chart showing COIN's trailing twelve month trading history, with the $202.50 strike highlighted in orange:
And AXIS Capital Holdings Ltd (Symbol: AXS) saw options trading volume of 3,765 contracts, representing approximately 376,500 underlying shares or approximately 70.9% of AXS's average daily trading volume over the past month, of 531,015 shares. Particularly high volume was seen for the $110 strike call option expiring April 17, 2026, with 3,741 contracts trading so far today, representing approximately 374,100 underlying shares of AXS. Below is a chart showing AXS's trailing twelve month trading history, with the $110 strike highlighted in orange:
For the various different available expirations for FSLR options, COIN options, or AXS options, visit StockOptionsChannel.com.
Also see:
Selling Puts For Income
JSML Videos
Dividend Articles
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Monday Option Activity: FSLR, COIN, AXS

It has been about a month since the last earnings report for First Solar (FSLR). Shares have lost about 7.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is First Solar due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent drivers for First Solar, Inc. before we dive into how investors and analysts have reacted as of late.
First Solar's Q4 Earnings Lag Estimates, Revenues Surpass
First Solar, Inc. reported fourth-quarter 2025 earnings of $4.84 per share, which missed the Zacks Consensus Estimate of $5.22 by 7.2%. The bottom line increased 32.6% from the prior-year quarter’s figure of $3.65.
The company reported 2025 earnings of $14.21 per share, which were higher than the year-ago figure of $12.02.
FSLR’s Sales Update
First Solar’s fourth-quarter net sales were $1.68 billion, which beat the Zacks Consensus Estimate by 7%. The top line rose 11.1% from the year-ago quarter’s $1.51 billion.
The year-over-year top-line improvement was driven by an increase in the volume of module sales.
The company reported net sales of $5.22 billion in 2025, which were higher than $4.21 billion in 2024.
Operational Highlights of FSLR
In the fourth quarter, the company’s gross profit was $665.3 million, which rose 17.2% from $567.7 million in the year-ago quarter.
Total operating expenses jumped 5.9% year over year to $117.4 million.
FSLR reported an operating income of $547.9 million compared with $456.8 million in the year-ago quarter.
Financial Performance of First Solar
First Solar had $2.8 billion in cash and cash equivalents as of Dec. 31, 2025, up from $1.62 billion as of Dec. 31, 2024.
The long-term debt totaled $282.6 million as of the same date compared with $373.4 million as of Dec. 31, 2024.
The net cash flow from operating activities amounted to $2.06 billion during 2025 compared with $1.22 billion at the end of 2024.
First Solar’s 2026 Guidance
First Solar introduced its 2026 guidance. FSLR expects its sales to be in the range of $4.9-$5.2 billion. The Zacks Consensus Estimate for sales is pegged at $6.21 billion, which lies above the company’s guided range.
First Solar expects gross margin to be in the band of $2.4-$2.6 billion. Its operating expenses are anticipated to be in the $610-$635 million range.
First Solar projects module shipments to be in the band of 17-18.2 gigawatts. The company expects its 2026 capital expenditure to be in the range of $0.8-$1 billion.
How Have Estimates Been Moving Since Then?
It turns out, estimates review have trended downward during the past month.
The consensus estimate has shifted -34.06% due to these changes.
VGM Scores
Currently, First Solar has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise First Solar has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
Performance of an Industry Player
First Solar belongs to the Zacks Solar industry. Another stock from the same industry, SolarEdge Technologies (SEDG), has gained 20.8% over the past month. More than a month has passed since the company reported results for the quarter ended December 2025.
SolarEdge reported revenues of $335.36 million in the last reported quarter, representing a year-over-year change of +70.9%. EPS of -$0.14 for the same period compares with -$3.52 a year ago.
For the current quarter, SolarEdge is expected to post a loss of $0.24 per share, indicating a change of +79% from the year-ago quarter. The Zacks Consensus Estimate has changed +2.6% over the last 30 days.
SolarEdge has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why Is First Solar (FSLR) Down 7.9% Since Last Earnings Report?

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Take-Two Interactive Software, Inc. (Symbol: TTWO), where a total of 10,657 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 52.7% of TTWO's average daily trading volume over the past month of 2.0 million shares. Especially high volume was seen for the $220 strike call option expiring April 17, 2026, with 4,622 contracts trading so far today, representing approximately 462,200 underlying shares of TTWO. Below is a chart showing TTWO's trailing twelve month trading history, with the $220 strike highlighted in orange:
Costco Wholesale Corp (Symbol: COST) options are showing a volume of 9,603 contracts thus far today. That number of contracts represents approximately 960,300 underlying shares, working out to a sizeable 50.7% of COST's average daily trading volume over the past month, of 1.9 million shares. Particularly high volume was seen for the $1000 strike call option expiring March 27, 2026, with 424 contracts trading so far today, representing approximately 42,400 underlying shares of COST. Below is a chart showing COST's trailing twelve month trading history, with the $1000 strike highlighted in orange:
And First Solar Inc (Symbol: FSLR) options are showing a volume of 10,953 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 44% of FSLR's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $380 strike call option expiring June 16, 2028, with 2,004 contracts trading so far today, representing approximately 200,400 underlying shares of FSLR. Below is a chart showing FSLR's trailing twelve month trading history, with the $380 strike highlighted in orange:
For the various different available expirations for TTWO options, COST options, or FSLR options, visit StockOptionsChannel.com.
Also see:
Dividend History
AMRK Price Target
Gas Utilities Dividend Stocks
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Index	Bulls	Bears
Confidence
Support
Cash flows

	S/L 5%RUB 200.14	S/L 10%RUB 209.67	S/L 15%RUB 219.20
Day	10.65%	0.16%	0.00%
Week	47.03%	15.85%	3.86%
Month	72.46%	49.14%	31.29%

First Solar, Inc.

Market sentiment

Overall assessment

Share of longs and shorts

Long

Short

Momentum

Protective stop levels