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FSLR Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
237.570
Open
221.120
VWAP
230.65
Vol
4.05M
Mkt Cap
25.07B
Low
221.120
Amount
934.28M
EV/EBITDA(TTM)
9.53
Total Shares
107.45M
EV
21.68B
EV/OCF(TTM)
8.85
P/S(TTM)
4.37
First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company. It is focused on enabling power generation needs with its advanced, thin film PV technology. The Company's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The Company's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 464 watts and 532 watts, respectively.
Show More

Events Timeline

(ET)
2026-05-11
14:20:00
Tesla's China-Made EV Sales Jump 36% Year Over Year
select
2026-04-30 (ET)
2026-04-30
16:10:00
Company Reports Q1 Revenue of $1.04B
select
2026-04-30
13:30:00
Apple and Other Companies Set to Report Earnings
select

News

Yahoo Finance
9.5
05-10Yahoo Finance
PinnedFirst Solar Reports Strong Q1 2026 Performance
  • Significant Sales Growth: First Solar reported Q1 2026 net sales of $1.04 billion, a 24% year-over-year increase, driven by record sales in India and higher module volumes sold to third parties, indicating strong global demand for its products.
  • Substantial Net Income Increase: The company achieved a net income of $347 million, or $3.22 per diluted share, reflecting a 65% year-over-year growth, while adjusted EBITDA rose to $520 million, exceeding initial expectations and showcasing enhanced profitability.
  • Strong Contracted Sales Backlog: As of March 31, First Solar maintained a substantial contracted sales backlog of 47.9 GW, indicating robust future sales potential and market demand, further solidifying its leadership position in the solar industry.
  • Optimistic Outlook: The company projects full-year 2026 net sales between $4.9 billion and $5.2 billion, with adjusted EBITDA between $2.6 billion and $2.8 billion, reflecting confidence in future market conditions, particularly supported by stable U.S. policies and tax incentives.
seekingalpha
8.5
05-11seekingalpha
Global Energy Crisis Fuels Renewed Interest in Solar Investments
  • Policy Impact Analysis: The termination of the Section 25D Residential Clean Energy Credit by the One Big Beautiful Bill Act puts significant pressure on the residential solar market, increasing investment risks for related companies, particularly in a policy-driven environment.
  • Market Growth Outlook: According to Ember, solar energy generation surpassed coal in 2025, with solar installations expected to represent over 51% of new energy installations in 2026, indicating strong growth potential for the industry, especially in Texas.
  • Technological Advancements: The solar industry benefits from technological improvements and economies of scale, with advancements in battery storage significantly enhancing energy flexibility, thus accelerating the deployment of “anytime solar” solutions.
  • Investment Opportunities: First Solar and Eos Energy are highlighted as key U.S. pure plays, with First Solar having sold out its U.S. production capacity for the next three years, while Eos is scaling a new type of utility-scale battery technology, attracting investor interest.
Newsfilter
8.0
05-08Newsfilter
US Solar Industry Faces Policy Uncertainty Amid China Ties
  • Policy Uncertainty Impact: New policies from the Trump administration have led major banks and insurers to withdraw support from at least six U.S. solar factories linked to China, jeopardizing over a third of U.S. solar capacity, which complicates financing and stalls urgently needed solar projects.
  • Manufacturing Growth Risks: Industry experts warn that restricting ties to China could undermine growth in U.S. manufacturing, particularly as electricity demand rises and utility costs soar, potentially leading to further increases in power prices.
  • Compliance Challenges: While Chinese solar firms are attempting to comply with new regulations by selling off stakes in factories, most retain some form of profit-sharing or supply agreements, raising compliance issues that could affect eligibility for tax subsidies.
  • Tightening Financing: Banks like Morgan Stanley, JPMorgan, and Goldman Sachs have scaled back tax-equity financing for certain solar projects due to concerns over future Treasury interpretations, while insurers are refusing coverage for companies at risk of losing clean energy tax credits, exacerbating industry uncertainty.
seekingalpha
6.0
05-05seekingalpha
First Solar Upgraded to Buy with Price Target Raised to $260
  • Upgrade Announcement: Freedom Broker analyst Dmitriy Pozdnyakov upgraded First Solar from Hold to Buy and raised the price target from $250 to $260, citing potential upside from Section 232 policy support and steady operational execution as key factors.
  • Quarterly Performance: First Solar reported Q1 revenue of $1.04 billion, a 23.6% year-over-year increase, slightly below analyst expectations but in line with broader consensus, driven primarily by a 30.9% increase in module shipment volumes.
  • Strong Backlog: The company ended the quarter with a backlog of 47.9 gigawatts, down from 50.1 gigawatts in the previous quarter, indicating that strong shipments have outpaced new bookings, reflecting sustained market demand.
  • Improved Profitability: Operating income rose 56.1% year-over-year to $345.3 million, exceeding consensus estimates, while operating margin increased from 26.1% to 33.0%, demonstrating the company's success in cost control and margin enhancement.
seekingalpha
9.5
05-01seekingalpha
First Solar Reports Record Q1 Earnings, Shares Surge
  • Strong Performance: First Solar (FSLR) reported a record $1.04 billion in Q1 revenues, a 24% year-over-year increase, demonstrating robust performance despite a challenging solar demand environment, which boosts market confidence.
  • Net Income Growth: Q1 net income rose to $347 million from $210 million, with earnings per share reaching $3.22, reflecting the company's success in improving margins and further solidifying its market position.
  • Margin Improvement: Q1 gross margins increased to 47% from 41%, driven by a 31% rise in module sales volumes to 3.8 GW, alongside $418 million in tax credits, enhancing the company's profitability.
  • Future Guidance: The company reaffirmed its full-year revenue guidance of $4.9 billion to $5.2 billion, with expected module sales of 17.0 to 18.2 GW, indicating confidence in future performance despite tariff pressures.
seekingalpha
9.5
05-01seekingalpha
First Solar Reports Record Q1 2026 Earnings with Strong Growth
  • Strong Performance: First Solar achieved record net sales of $1 billion in Q1 2026, reflecting a 24% year-over-year growth, with net income of $347 million and diluted EPS of $3.22, surpassing analyst expectations and demonstrating robust market performance.
  • Order Growth: The company secured gross bookings of 1.9 gigawatts in the first quarter, with 1.4 gigawatts coming from the key U.S. utility-scale market at an average selling price of approximately $0.35 per watt, indicating sustained competitiveness in critical markets.
  • Technological Advancement: The successful launch of the CuRe technology in Perrysburg is set to be replicated across Series 6 and 7 production lines by mid-2028, potentially generating up to $600 million in additional revenue, further solidifying the company's technological edge.
  • Future Outlook: Despite facing uncertainties regarding policies and tariffs, the company maintains its full-year 2026 guidance, expecting sales volumes between 3.4 and 4 gigawatts and adjusted EBITDA between $400 million and $500 million for Q2, reflecting management's confidence in future performance.
Wall Street analysts forecast FSLR stock price to rise
23 Analyst Rating
Wall Street analysts forecast FSLR stock price to rise
18 Buy
4 Hold
1 Sell
Moderate Buy
Current: 0.000
sliders
Low
150.00
Averages
280.35
High
335.00
Current: 0.000
sliders
Low
150.00
Averages
280.35
High
335.00
Freedom Broker
Hold
to
Buy
upgrade
$250 -> $260
AI Analysis
2026-05-05
Reason
Freedom Broker
Price Target
$250 -> $260
AI Analysis
2026-05-05
upgrade
Hold
to
Buy
Reason
Freedom Broker upgraded First Solar to Buy from Hold with a price target of $260, up from $250, following the Q1 report. The firm believes the Section 232 tariffs could bring upside to First Solar's U.S. business. The tariffs could materially increase domestic demand for First Solar's products, the analyst tells investors in a research note.
UBS
Buy
downgrade
$300 -> $290
2026-05-04
Reason
UBS
Price Target
$300 -> $290
2026-05-04
downgrade
Buy
Reason
UBS lowered the firm's price target on First Solar to $290 from $300 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for FSLR
Unlock Now

Valuation Metrics

The current forward P/E ratio for First Solar Inc (FSLR.O) is 13.35, compared to its 5-year average forward P/E of -1.91. For a more detailed relative valuation and DCF analysis to assess First Solar Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-1.91
Current PE
13.35
Overvalued PE
96.68
Undervalued PE
-100.50

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
13.13
Current EV/EBITDA
8.30
Overvalued EV/EBITDA
20.46
Undervalued EV/EBITDA
5.81

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.98
Current PS
3.83
Overvalued PS
4.91
Undervalued PS
3.05

Financials

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Whales Holding FSLR

C
Castleknight Management LP
Holding
FSLR
+38.36%
3M Return
P
Polar Capital Holdings Plc
Holding
FSLR
+33.81%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
FSLR
+31.37%
3M Return
P
Portolan Capital Management, LLC
Holding
FSLR
+22.68%
3M Return
R
RobecoSAM AG
Holding
FSLR
+18.96%
3M Return
G
Graham Capital Management, L.P.
Holding
FSLR
+17.61%
3M Return

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Frequently Asked Questions

What is First Solar Inc (FSLR) stock price today?

The current price of FSLR is 233.27 USD — it has increased 6.06

What is First Solar Inc (FSLR)'s business?

First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company. It is focused on enabling power generation needs with its advanced, thin film PV technology. The Company's primary segment is its modules business, which involves the design, manufacture, and sale of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the segment include system developers, independent power producers, utilities, commercial and industrial companies, and other system owners and operators. The Company's products include the Series 7 Module and Series 6 Plus module. Its Series 6 Plus module is a glass laminate approximately 4ft x 6ft in size that encapsulates thin film PV semiconductor materials. Its Series 7 module has a larger form factor of approximately 4ft x 7ft in size. The Series 6 Plus and Series 7 modules had an average power output of 464 watts and 532 watts, respectively.

What is the price predicton of FSLR Stock?

Wall Street analysts forecast FSLR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for FSLR is280.35 USD with a low forecast of 150.00 USD and a high forecast of 335.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is First Solar Inc (FSLR)'s revenue for the last quarter?

First Solar Inc revenue for the last quarter amounts to 1.04B USD, increased 23.64

What is First Solar Inc (FSLR)'s earnings per share (EPS) for the last quarter?

First Solar Inc. EPS for the last quarter amounts to 3.22 USD, increased 65.13

How many employees does First Solar Inc (FSLR). have?

First Solar Inc (FSLR) has 7900 emplpoyees as of May 12 2026.

What is First Solar Inc (FSLR) market cap?

Today FSLR has the market capitalization of 25.07B USD.