First Solar (FSLR) Stock Overview
A solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
FSLR Community Fair Values
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Analyst Price Targets
Top Community Narratives
First Solar, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$214.57 |
| 52 Week High | US$285.99 |
| 52 Week Low | US$127.33 |
| Beta | 1.56 |
| 1 Month Change | 11.58% |
| 3 Month Change | -1.90% |
| 1 Year Change | 60.41% |
| 3 Year Change | 17.13% |
| 5 Year Change | 208.42% |
| Change since IPO | 767.30% |
Recent News & Updates
FSLR: Section 232 Tariff Outcome Will Pressure 2026 Pricing Power
Analysts have trimmed the First Solar fair value estimate from $175.45 to $172.84 per share, recalibrating models for softer revenue growth expectations. This is partially offset by slightly higher margin assumptions and a modestly lower discount rate following a wave of reduced price targets across the Street.First Solar: Still Providing Plenty Of Downside Risk
Summary First Solar remains a "Sell" due to persistent backlog depletion, a fragile order book, and deteriorating cash flows. FSLR's book-to-bill ratio of 0.42 and ballooning inventories signal mounting operational risks and potential writedowns. Heavy reliance on government grants inflates current earnings, with normalized FWD P/E rising to 46.5x as subsidies phase out. Despite superficially attractive valuation multiples, FSLR faces significant downside risk from weak backlog and poor cash generation. Read the full article on Seeking AlphaFirst Solar (FSLR): The Domestic Titan Braces for a High-Output Verdict
First Solar, Inc. (FSLR) , the global vanguard of advanced thin-film solar technology and the largest domestic PV manufacturer in the United States, enters the final week of April 2026 in a state of formidable strategic momentum.Recent updates
Shareholder Returns
| FSLR | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | 6.3% | 8.4% | 3.2% |
| 1Y | 60.4% | 119.7% | 31.0% |
Return vs Industry: FSLR underperformed the US Semiconductor industry which returned 119.7% over the past year.
Return vs Market: FSLR exceeded the US Market which returned 31% over the past year.
Price Volatility
| FSLR volatility | |
|---|---|
| FSLR Average Weekly Movement | 6.9% |
| Semiconductor Industry Average Movement | 10.5% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.1% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FSLR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FSLR's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 7,900 | 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 thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity.
First Solar, Inc. Fundamentals Summary
| FSLR fundamental statistics | |
|---|---|
| Market cap | US$23.42b |
| Earnings (TTM) | US$1.67b |
| Revenue (TTM) | US$5.42b |
Is FSLR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FSLR income statement (TTM) | |
|---|---|
| Revenue | US$5.42b |
| Cost of Revenue | US$3.16b |
| Gross Profit | US$2.26b |
| Other Expenses | US$596.75m |
| Earnings | US$1.67b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 15.50 |
| Gross Margin | 41.74% |
| Net Profit Margin | 30.73% |
| Debt/Equity Ratio | 4.3% |
How did FSLR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/07 05:11 |
| End of Day Share Price | 2026/05/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 67 analysts. 30 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 |
|---|---|
| James Fontanelli | Arete Research Services LLP |
| null null | Argus Research Company |
| Benjamin Kallo | Baird |