FSLR

First Solar (FSLR) declined 3.15% on October 16, 2026, underperforming the S&P 500's 1.09% loss. The stock has fallen 11.11% over the past month, lagging the broader market's 2.44% gain.

Ahead of its October 29 earnings report, the company is expected to report EPS of $4.64 (up 9.43% YoY) but revenue of $1.31 billion (down 17.68% YoY). First Solar holds a Zacks Rank #3 (Hold) with a Forward P/E of 10.15, trading at a discount to its industry average.

The article highlights two energy stocks with positive Earnings Surprise Prediction (ESP) metrics that may outperform earnings expectations: Sunrun with a +170.72% ESP ahead of November 4 earnings, and First Solar with a +3.47% ESP before October 29 earnings. Both stocks hold #3 (Hold) Zacks Rank ratings. The article explains how combining positive ESP with Zacks Rank #3 or better has historically produced 28.3% annual returns.

First Solar (FSLR) declined 1.74% to $172.11, underperforming the broader market which gained 0.2%. The stock has lost 13.54% over the past month.

While the company is expected to report a 7.78% EPS increase, revenue is projected to decline 18.63% year-over-year. FSLR carries a Zacks Rank #3 (Hold) with a Forward P/E of 9.93, trading at a discount to its industry average.