First Solar (FSLRD) Stock Overview

A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. More details

FSLRD fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 1.7% below our estimate of its fair value

Earnings are forecast to grow 24.23% per year

Earnings grew by 4.5% over the past year

Risk Analysis

High level of non-cash earnings

FSLRD Community Fair Values

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First Solar, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for First Solar
Historical stock prices
Current Share Price	US$13.70
52 Week High	US$14.25
52 Week Low	US$9.70
Beta	1.38
1 Month Change	24.55%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	41.24%

Recent updates

Shareholder Returns

	FSLRD	AR Semiconductor	AR Market
7D	7.9%	0%	0%
1Y	n/a	0%	0%

Return vs Industry: Insufficient data to determine how FSLRD performed against the AR Semiconductor industry.

Return vs Market: Insufficient data to determine how FSLRD performed against the AR Market.

Price Volatility

Is FSLRD's price volatile compared to industry and market?
FSLRD volatility
FSLRD Average Weekly Movement	9.5%
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: FSLRD has not had significant price volatility in the past 3 months compared to the AR market.

Volatility Over Time: Insufficient data to determine FSLRD's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1999	8,100	Mark Widmar	www.firstsolar.com

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, 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 also 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?
FSLRD fundamental statistics
Market cap	US$24.68b
Earnings (TTM)	US$1.26b
Revenue (TTM)	US$4.34b

19.6x

P/E Ratio

5.7x

P/S Ratio

Is FSLRD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FSLRD income statement (TTM)
Revenue	US$4.34b
Cost of Revenue	US$2.49b
Gross Profit	US$1.86b
Other Expenses	US$599.75m
Earnings	US$1.26b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	11.72
Gross Margin	42.76%
Net Profit Margin	28.95%
Debt/Equity Ratio	11.4%

How did FSLRD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/06 16:46
End of Day Share Price	2025/10/03 00:00
Earnings	2025/06/30
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

First Solar, Inc. is covered by 85 analysts. 33 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Anders Rosenlund	ABG Sundal Collier
Adam Krop	Ardour Capital Investments, LLC
James Fontanelli	Arete Research Services LLP

First Solar, Inc.BASE:FSLRD Stock Report