First Solar (BASE:FSLR) - Stock Price, News & Analysis

FSLR Stock Overview

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally.

About the company

FSLR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 32.5% below our estimate of its fair value

Earnings are forecast to grow 29.83% per year

Became profitable this year

Risk Analysis

High level of non-cash earnings

First Solar, Inc. Competitors

Skyworks Solutions

NasdaqGS:SWKS

US$15.7b

ASE Technology Holding

TWSE:3711

NT$625.2b

United Microelectronics

TWSE:2303

NT$610.2b

Semiconductor Manufacturing International

SEHK:981

HK$173.5b

Price History & Performance

Summary of all time highs, changes and price drops for First Solar
Historical stock prices
Current Share Price	US$10,504.00
52 Week High	US$11,659.92
52 Week Low	US$4,251.42
Beta	1.4
1 Month Change	12.66%
3 Month Change	-3.18%
1 Year Change	93.69%
3 Year Change	1,253.90%
5 Year Change	n/a
Change since IPO	51,432.30%

Recent updates

Shareholder Returns

	FSLR	AR Semiconductor	AR Market
7D	1.7%	0%	0%
1Y	93.7%	0%	0%

Return vs Industry: FSLR exceeded the AR Semiconductor industry which returned 44.7% over the past year.

Return vs Market: FSLR underperformed the AR Market which returned 295.5% over the past year.

Price Volatility

Is FSLR's price volatile compared to industry and market?
FSLR volatility
FSLR Average Weekly Movement	6.4%
Semiconductor Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in AR Market	0%
10% least volatile stocks in AR Market	0%

Stable Share Price: FSLR has not had significant price volatility in the past 3 months.

Volatility Over Time: FSLR's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	6,700	Mark Widmar	www.firstsolar.com

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.

First Solar, Inc. Fundamentals Summary

How do First Solar's earnings and revenue compare to its market cap?
FSLR fundamental statistics
Market cap	AR$16.47t
Earnings (TTM)	AR$725.04b
Revenue (TTM)	AR$2.90t

23.2x

P/E Ratio

5.8x

P/S Ratio

Is FSLR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FSLR income statement (TTM)
Revenue	US$3.32b
Cost of Revenue	US$2.02b
Gross Profit	US$1.30b
Other Expenses	US$469.90m
Earnings	US$830.78m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)	7.76
Gross Margin	39.19%
Net Profit Margin	25.03%
Debt/Equity Ratio	8.4%

How did FSLR perform over the long term?

See historical performance and comparison

FSLR Stock Overview

Rewards

Risk Analysis

First Solar, Inc. Competitors

NasdaqGS:SWKS

US$15.7b

TWSE:3711

NT$625.2b

TWSE:2303

NT$610.2b

SEHK:981

HK$173.5b

Price History & Performance

Recent News & Updates

First Solar, Inc. to Report Q1, 2024 Results on May 01, 2024

First Solar, Inc., Annual General Meeting, May 08, 2024

First Solar, Inc. Provides Earnings Guidance for the Year 2024

First Solar, Inc. Announces Board Resignations

First Solar, Inc. to Report Q4, 2023 Results on Feb 27, 2024

First Solar, Inc. Updates Earnings Guidance for the Full Year 2023

Recent updates

First Solar, Inc. to Report Q1, 2024 Results on May 01, 2024

First Solar, Inc., Annual General Meeting, May 08, 2024

First Solar, Inc. Provides Earnings Guidance for the Year 2024

First Solar, Inc. Announces Board Resignations

First Solar, Inc. to Report Q4, 2023 Results on Feb 27, 2024

First Solar, Inc. Updates Earnings Guidance for the Full Year 2023

First Solar, Inc. to Report Q3, 2023 Results on Oct 31, 2023

First Solar, Inc. Maintains Earnings Guidance for the Full Year 2023

First Solar, Inc. to Report Q2, 2023 Results on Jul 27, 2023

First Solar, Inc. Announces Limited Production Run of World’S First Bifacial Thin Film Photovoltaic Module

First Solar, Inc. (NasdaqGS:FSLR) acquired Evolar AB from Magnora ASA (OB:MGN) for $38 million.

First Solar, Inc. to Report Q4, 2022 Results on Feb 28, 2023

First Solar, Inc. Updates Earnings Guidance for the Year 2022

First Solar, Inc. to Report Q3, 2022 Results on Oct 27, 2022

The funds managed by Real Assets group of PAG completed the acquisition of A solar operations and maintenance (O&M) platform with approximately 665 MWDC ,in Japan from First Solar, Inc. (NasdaqGS:FSLR).

First Solar, Inc. Updates Earnings Guidance for the Year 2022

First Solar, Inc. to Report Q2, 2022 Results on Jul 28, 2022

The funds managed by Real Assets group of PAG completed the acquisition of 293 Megawatts Utility Scale Solar Development Platform in Japan from First Solar, Inc. (NasdaqGS:FSLR).

First Solar, Inc. Announces Director Appointments

PAG entered into a definitive agreement to acquire O&M platform from First Solar, Inc. (NasdaqGS:FSLR).

First Solar, Inc., Annual General Meeting, May 26, 2022

First Solar, Inc. to Report Q1, 2022 Results on Apr 28, 2022

First Solar, Inc. Announces Kathryn A. Hollister Not to Stand for Re-Election as A Member of the Board of Directors

First Solar in Talks to Sell Japan Project Development, O&M Biz

First Solar, Inc. Provides Earnings Guidance for the Year 2022

Sharon L. Allen Intends Not to Stand for Re-Election as Member of the Company’s Board of Directors of First Solar, Inc

First Solar, Inc. to Report Q4, 2021 Results on Mar 01, 2022

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against First Solar, Inc

First Solar, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of A Securities Class Action Lawsuit Against First Solar, Inc

First Solar, Inc. Raised Earnings Guidance for the Full Year 2021

First Solar Appoints Kathryn A. Hollister to Board of Directors

Intersect Power Orders Up to 2.4 Gw of First Solar Series 6 from First Solar, Inc

Longroad Energy Holdings, LLC agreed to acquire Sun Streams 2, 4, and 5 (900 MWdc) in Arizona from First Solar, Inc. (NasdaqGS:FSLR).

First Solar, Inc. to Report Q4, 2020 Results on Feb 25, 2021

First Solar, Inc.(NasdaqGS:FSLR) dropped from S&P 500 Information Technology (Sector)

Leeward Renewable Energy, LLC entered into a purchase and sale agreement to acquire 30-MW Barilla Solar Project from First Solar, Inc. (NasdaqGS:FSLR).

First Solar, Inc. Announces Executive Changes

First Solar, Inc. Launches EPEAT Photovoltaic and Inverters

First Solar, Inc. to Report Q3, 2020 Results on Oct 27, 2020

First Solar, Inc. to Report Q2, 2019 Results on Aug 01, 2019

NovaSource Power Services entered into a Membership Interest Purchase Agreement to acquire North American Operations and Maintenance business of First Solar, Inc. (NasdaqGS:FSLR).

JP Energie Environnement Selects Lowest Carbon First Solar Modules for Labarde Project