Duyuru • May 02
First Solar, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2026 First Solar, Inc. reaffirmed earnings guidance for the fiscal year 2026. For the year, the company expects Volume to be Sold 17.0GW to 18.2GW and net sales to be $4.9 billion to $5.2 billion. Reported Earnings • May 02
First quarter 2026 earnings released: EPS: US$3.23 (vs US$1.96 in 1Q 2025) First quarter 2026 results: EPS: US$3.23 (up from US$1.96 in 1Q 2025). Revenue: US$1.04b (up 24% from 1Q 2025). Net income: US$346.6m (up 65% from 1Q 2025). Profit margin: 33% (up from 25% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 16
First Solar, Inc. to Report Q1, 2026 Results on Apr 30, 2026 First Solar, Inc. announced that they will report Q1, 2026 results After-Market on Apr 30, 2026 Duyuru • Apr 04
First Solar, Inc., Annual General Meeting, May 13, 2026 First Solar, Inc., Annual General Meeting, May 13, 2026. Location: meetnow.global/mwlflnw, United States Recent Insider Transactions • Mar 06
CEO & Director recently sold €1.3m worth of stock On the 3rd of March, Mark Widmar sold around 8k shares on-market at roughly €169 per share. This transaction amounted to 7.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to €171, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 27x in the Semiconductor industry in Europe. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €235 per share. Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: US$14.25 (vs US$12.07 in FY 2024) Full year 2025 results: EPS: US$14.25 (up from US$12.07 in FY 2024). Revenue: US$5.22b (up 24% from FY 2024). Net income: US$1.53b (up 18% from FY 2024). Profit margin: 29% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • Feb 25
First Solar, Inc. Provides Earnings Guidance for the Fiscal Year 2026 First Solar, Inc. provided earnings guidance for the fiscal year 2026. For the year, the company expects Volume to be Sold 17.0GW to 18.2GW and net sales to be $4.9 billion to $5.2 billion. Duyuru • Jan 29
First Solar, Inc. to Report Q4, 2025 Results on Feb 24, 2026 First Solar, Inc. announced that they will report Q4, 2025 results After-Market on Feb 24, 2026 New Risk • Jan 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 7.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.0% average weekly change). Minor Risk Significant insider selling over the past 3 months (€2.6m sold). Buy Or Sell Opportunity • Jan 01
Now 21% undervalued Over the last 90 days, the stock has risen 14% to €226. The fair value is estimated to be €286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 68%. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Recent Insider Transactions • Nov 11
Independent Director recently sold €1.6m worth of stock On the 7th of November, Paul Stebbins sold around 7k shares on-market at roughly €227 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €122m more than they sold in the last 12 months. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: US$4.25 (vs US$2.92 in 3Q 2024) Third quarter 2025 results: EPS: US$4.25 (up from US$2.92 in 3Q 2024). Revenue: US$1.59b (up 80% from 3Q 2024). Net income: US$455.9m (up 46% from 3Q 2024). Profit margin: 29% (down from 35% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Duyuru • Oct 31
First Solar, Inc. Updates Earnings Guidance for the Year 2025 First Solar, Inc. updated earnings guidance for the year 2025. For the year, the company now expects Net Sales to be $4.95 Billion to $5.20 Billion against previous guidance of $4.9 Billion to $5.7 Billion. Operating Income to be $1.56 Billion to $1.68 Billion against previous guidance of $1.53 Billion to $1.87 Billion. Earnings per Diluted Share to be $14.00 to $15.00 against previous guidance of $13.50 to $16.50. Duyuru • Oct 09
First Solar, Inc. to Report Q3, 2025 Results on Oct 30, 2025 First Solar, Inc. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025 Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €186, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 22x in the Semiconductor industry in Europe. Total returns to shareholders of 61% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €269 per share. Reported Earnings • Aug 03
Second quarter 2025 earnings released: EPS: US$3.19 (vs US$3.26 in 2Q 2024) Second quarter 2025 results: EPS: US$3.19 (down from US$3.26 in 2Q 2024). Revenue: US$1.10b (up 8.6% from 2Q 2024). Net income: US$341.9m (down 2.1% from 2Q 2024). Profit margin: 31% (down from 35% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 01
First Solar, Inc. Updates Earnings Guidance for the Year 2025 First Solar, Inc. updated earnings guidance for the year 2025. For the year, the company now expects Net Sales to be $4.9 Billion to $5.7 Billion against previous guidance of $4.5 Billion to $5.5 Billion. Operating Income to be $1.53 Billion to $1.87 Billion against previous guidance of $1.45 Billion to $2.00 Billion. Earnings per Diluted Share to be $13.50 to $16.50 against previous guidance of $12.50 to $17.50. Duyuru • Jul 15
First Solar, Inc. to Report Q2, 2025 Results on Jul 31, 2025 First Solar, Inc. announced that they will report Q2, 2025 results After-Market on Jul 31, 2025 Buy Or Sell Opportunity • Jul 06
Now 21% undervalued Over the last 90 days, the stock has risen 31% to €155. The fair value is estimated to be €196, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 80%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €157, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 19x in the Semiconductor industry in Europe. Total returns to shareholders of 128% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €197 per share. Buy Or Sell Opportunity • Jun 17
Now 30% undervalued Over the last 90 days, the stock has risen 5.8% to €126. The fair value is estimated to be €179, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 80%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 22% per annum over the same time period. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Independent Director Murthy Renduchintala was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • May 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Italian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (34% accrual ratio). Minor Risk Significant insider selling over the past 3 months (€202m sold). Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to €134, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 15x in the Semiconductor industry in Europe. Total returns to shareholders of 122% over the past three years. Reported Earnings • Apr 30
First quarter 2025 earnings released: EPS: US$1.96 (vs US$2.21 in 1Q 2024) First quarter 2025 results: EPS: US$1.96 (down from US$2.21 in 1Q 2024). Revenue: US$844.6m (up 6.4% from 1Q 2024). Net income: US$209.5m (down 11% from 1Q 2024). Profit margin: 25% (down from 30% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Semiconductor industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Duyuru • Apr 30
First Solar, Inc. Updates Earnings Guidance for the Year 2025 First Solar, Inc. updated earnings guidance for the year 2025. For the year, the company now expects net sales to be in the range of $4.5 Billion to $5.5 Billion as compared to $5.3 Billion to $5.8 Billion previously, operating income to be in the range of $1.45 Billion to $2.00 Billion as compared to $1.95 Billion to $2.30 Billion previously, earnings per diluted share to be in the range of $12.50 to $17.50 as compared to $17.00 to $20.00 previously. Duyuru • Apr 07
First Solar, Inc., Annual General Meeting, May 14, 2025 First Solar, Inc., Annual General Meeting, May 14, 2025. Location: meetnow.global/mlqrypn, United States