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

FSLR Stock Overview

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	2/6
Future Growth	5/6
Past Performance	4/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 61.2% below our estimate of its fair value

Earnings are forecast to grow 27.17% per year

Earnings grew by 669.5% over the past year

Risk Analysis

High level of non-cash earnings

Significant insider selling over the past 3 months

First Solar, Inc. Competitors

GlobalFoundries

NasdaqGS:GFS

US$22.3b

STMicroelectronics

ENXTPA:STMPA

€23.1b

ASE Technology Holding

TWSE:3711

NT$708.6b

United Microelectronics

TWSE:2303

NT$632.7b

Price History & Performance

Summary of all time highs, changes and price drops for First Solar
Historical stock prices
Current Share Price	US$190.00
52 Week High	US$0
52 Week Low	US$0
Beta	1.44
11 Month Change	0%
3 Month Change	0%
1 Year Change	0%
33 Year Change	201.78%
5 Year Change	201.78%
Change since IPO	242.34%

Recent updates

Shareholder Returns

	FSLR	CH Semiconductor	CH Market
7D	0%	-10.5%	1.1%
1Y	0%	10.9%	17.0%

Return vs Industry: FSLR underperformed the Swiss Semiconductor industry which returned 10.9% over the past year.

Return vs Market: FSLR underperformed the Swiss Market which returned 17% over the past year.

Price Volatility

Is FSLR's price volatile compared to industry and market?
FSLR volatility
FSLR Average Weekly Movement	0%
Semiconductor Industry Average Movement	6.8%
Market Average Movement	3.5%
10% most volatile stocks in CH Market	7.1%
10% least volatile stocks in CH Market	1.5%

Stable Share Price: Data is not available.

Volatility Over Time: Insufficient data to determine FSLR's volatility change 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	CHF 18.57b
Earnings (TTM)	CHF 1.04b
Revenue (TTM)	CHF 3.26b

17.8x

P/E Ratio

5.7x

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$3.76b
Cost of Revenue	US$2.04b
Gross Profit	US$1.72b
Other Expenses	US$519.49m
Earnings	US$1.20b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 29, 2024

Earnings per share (EPS)	11.24
Gross Margin	45.78%
Net Profit Margin	31.97%
Debt/Equity Ratio	7.7%

How did FSLR perform over the long term?

See historical performance and comparison

FSLR Stock Overview

Rewards

Risk Analysis

First Solar, Inc. Competitors

NasdaqGS:GFS

US$22.3b

ENXTPA:STMPA

€23.1b

TWSE:3711

NT$708.6b

TWSE:2303

NT$632.7b

Price History & Performance

Recent News & Updates

First Solar, Inc. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: EPS: US$3.26 (vs US$1.60 in 2Q 2023)

First Solar, Inc. to Report Q2, 2024 Results on Jul 30, 2024

First Solar, Inc. Becomes the Solar Industry's First EPEAT Climate+ Champion, Setting Global Standard for Ultra-Low Carbon Solar

Independent Director recently sold CHF989k worth of stock

Insider recently sold CHF1.7m worth of stock

Recent updates

First Solar, Inc. to Report Q3, 2024 Results on Oct 29, 2024

Second quarter 2024 earnings released: EPS: US$3.26 (vs US$1.60 in 2Q 2023)

First Solar, Inc. to Report Q2, 2024 Results on Jul 30, 2024

First Solar, Inc. Becomes the Solar Industry's First EPEAT Climate+ Champion, Setting Global Standard for Ultra-Low Carbon Solar

Independent Director recently sold CHF989k worth of stock

Insider recently sold CHF1.7m worth of stock

Insider recently sold CHF1.2m worth of stock

First quarter 2024 earnings released: EPS: US$2.21 (vs US$0.40 in 1Q 2023)

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

New minor risk - Insider selling

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

Full year 2023 earnings released: EPS: US$7.78 (vs US$0.41 loss in FY 2022)

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

Third quarter 2023 earnings released: EPS: US$2.51 (vs US$0.46 loss in 3Q 2022)

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

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

Second quarter 2023 earnings released: EPS: US$1.60 (vs US$0.52 in 2Q 2022)

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

Independent Director recently sold CHF514k worth of stock

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

First quarter 2023 earnings released: EPS: US$0.40 (vs US$0.41 loss in 1Q 2022)

Independent Director recently sold CHF1.5m worth of stock

Full year 2022 earnings released: US$0.41 loss per share (vs US$4.41 profit in FY 2021)

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

Third quarter 2022 earnings released: US$0.46 loss per share (vs US$0.42 profit in 3Q 2021)

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).

Insider recently sold CHF74m worth of stock

Independent Director recently sold CHF620k worth of stock

Second quarter 2022 earnings released: EPS: US$0.52 (vs US$0.78 in 2Q 2021)

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

Insufficient new directors

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

First quarter 2022 earnings released: US$0.41 loss per share (vs US$1.98 profit in 1Q 2021)

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

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

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

Third quarter 2021 earnings released: EPS US$0.42 (vs US$1.46 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.78 (vs US$0.35 in 2Q 2020)

First quarter 2021 earnings released: EPS US$1.98 (vs US$0.86 in 1Q 2020)

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

First Solar Appoints Kathryn A. Hollister to Board of Directors