FSLR

First Solar is expected to report Q3 2026 earnings of $4.64 per share (up 9.4% YoY) with revenues of $1.31 billion (down 17.7% YoY) on October 29. The company has a negative Earnings ESP of -0.97% combined with a Zacks Rank #3 (Hold), making it difficult to predict an earnings beat. While First Solar beat estimates by 43% last quarter, recent analyst revisions have turned bearish.

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.

First Solar has demonstrated a strong streak of beating earnings estimates, surpassing consensus by an average of 27.63% over the last two quarters. With a positive Earnings ESP of +0.64% and a Zacks Rank #3 (Hold), the company appears well-positioned to potentially beat estimates again in its next earnings report.

First Solar (FSLR) has attracted significant investor attention, with shares down 11.4% over the past month compared to the S&P 500's -0.4% decline. The company maintains a Zacks Rank #3 (Hold) rating with modest earnings estimate revisions and a Value Style Score of A, indicating undervaluation relative to peers. While earnings are expected to grow 24.6% this fiscal year and 35.2% next year, revenue growth remains modest at -3.2% for the current year before recovering to +19.7% growth next year.

SolarEdge Technologies is developing 800 VDC technology for AI data center power delivery in collaboration with NVIDIA. The technology aims to improve power efficiency for next-generation AI computing systems. SEDG stock trades at a discount (1.35X forward sales vs. industry 1.84X) after a 41.7% decline in three months, though analysts project significant earnings growth for 2026-2027.

VanEck's NLR nuclear-focused ETF offers higher dividend yield (3.1%) but underperformed significantly with a 21.8% loss over the past year, while iShares' ICLN renewable energy ETF gained 11.0% with lower costs (0.38% expense ratio). The choice between them depends on investor priorities: NLR provides concentrated nuclear exposure but faces regulatory and interest rate risks, while ICLN offers broader diversification across 105 holdings in solar, wind, and clean energy equipment.

Nextpower Inc. (NXT) raised its fiscal 2027 revenue floor to $4.10B and adjusted EPS floor to $4.42 following a first-quarter earnings beat. The company's $5.5B+ backlog and expanding storage, eBOS, and power conversion businesses support growth, but NXT faces execution risks as operating expenses surge 56% year-over-year while investing $50M in platform expansion. Gross margins improved to 36.6% but are expected to normalize to low 30s as tariff benefits fade.

Nextpower Inc. (NXT) is expanding beyond solar trackers into electrical, software, storage and power-conversion technologies, with non-tracker revenues rising to 14% of sales and a $5.5 billion backlog. However, adjusted operating expenses surged 56% against 8% revenue growth, raising execution concerns. The stock trades at a premium valuation of 17.04X forward earnings with 83% of revenues concentrated in the U.S., warranting a selective investment approach.

Nextpower Inc. (NXT) shares fell 16% in three months, improving valuations despite continued revenue growth. The company reported fiscal 2026 revenues of $3.6B (up 20%) and a $5.5B backlog supporting fiscal 2027 guidance of $4.1B-$4.4B. However, margin volatility from non-repeatable tariff benefits and rising operating expenses present risks. With $1.21B in cash and no debt, NXT trades at 17.04X forward earnings but carries a Zacks Rank #3 (Hold) rating due to mixed signals on durability.

T1 Energy is expanding its integrated energy platform through strategic acquisitions including Trina Solar's U.S. manufacturing assets ($621M), Evervolt Green Energy's solar patents ($135M), and KORE Power for utility-scale storage. The company projects strong EPS growth of 77% and 112% for 2026 and 2027 respectively, but faces integration challenges and capital requirements. T1 Energy trades at a discount to industry peers with a forward P/S of 0.81X versus 1.80X industry average.

T1 Energy is building a vertically integrated U.S. solar supply chain spanning polysilicon, wafers, cells, and modules. The company operates G1_Dallas for module production and is developing G2_Austin, a 2.1 GW solar-cell facility expected to begin production in Q1 2027.

T1 acquired Evervolt's solar patents including TOPCon technology for $135 million and has secured domestic sourcing agreements with Hemlock Semiconductor and Corning. The company trades at a discount to industry peers with strong earnings growth projections.