First Solar is projected to report Q3 2026 revenue of $1.31 billion and EPS of $4.64, while the current stock price of $176.40 remains significantly below the average analyst price target of $273.67.
Investors are primarily focused on the company's module sales volume, with analyst expectations set at approximately 4.18 GW for the quarter.
Despite strong profitability in recent periods, the market remains cautious about a projected 17.7% year-over-year decline in revenue and the potential impact of Section 232 tariffs. Management's ability to maintain a robust contract backlog and clarify production utilization in its overseas facilities will be critical for sustaining investor sentiment.