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FSLR Stock Chart & Stats
$190.44
-$6.23(-3.15%)
At close: 4:00 PM EST
$190.44
-$6.23(-3.15%)
Day’s Range― - ―
52-Week Range$171.99 - $320.95
Previous CloseN/A
Volume656.75K
Average Volume (3M)1.77M
Market Cap
$21.79B
Enterprise Value$19.39K
Total Cash (Recent Filing)$2.43B
Total Debt (Recent Filing)$425.78M
Price to Earnings (P/E)13.1
Beta1.03
Next Earnings
Jul 30, 2026EPS Estimate
2.99Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)15.52
Shares Outstanding107,453,360
10 Day Avg. Volume1,742,740
30 Day Avg. Volume1,772,351
Financial Highlights & Ratios
PEG Ratio1.01
Price to Book (P/B)2.94
Price to Sales (P/S)5.37
P/FCF Ratio23.60
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$268.15Price Target Upside40.81% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering22
EPS Forecast (FY)17.7
Revenue Forecast (FY)$5.08B
Bulls Say, Bears Say
Bulls Say
Very Strong Balance SheetExtremely low leverage (debt ≈ $426M vs equity ≈ $9.9B, debt/equity ≈ 0.04) and a growing equity base provide durable financial flexibility to fund capacity, withstand trade shocks, pursue tech rollouts, and support returns without relying on volatile external financing.
Improved Cash GenerationMaterial improvement in operating cash flow and TTM free cash flow (~$1.67B) creates a sustainable internal funding source for capex, South Carolina ramp and R&D, reducing dependency on external capital and increasing resilience to cyclical revenue swings.
CURE Technology AdvantageA differentiated thin‑film technology (CURE) with higher lifetime energy yield and backlog-linked revenue adjusters strengthens product competitiveness versus silicon alternatives, supports compliance with evolving efficiency rules, and creates a sustainable technology moat if scaling proceeds as planned.
Bears Say
Tariff And Policy UncertaintyUnpredictable trade and policy actions introduce durable planning risk: they alter sourcing economics, create booking selectivity, and can force capacity reallocation or price adjustments, undermining long‑range contracts, margin predictability, and investment timing for domestic and international capacity.
Underutilization And Capacity ConstraintsSustained underutilization in international plants raises structural unit costs and compresses margins. Reallocating tools (perovskite pilot) reduces finished-module throughput (slightly less than ~2 GW available for some U.S. shipments), constraining delivery cadence and revenue conversion from backlog.
Perovskite Commercialization RiskPerovskite pilot uncertainty creates medium-term execution risk: pilot economics are higher, timeline unclear, and bankability/durability must be proven for utility financing. This can divert capacity and R&D spend, delaying scalable revenue and adding technological and commercial risk to long-term growth.
FSLR FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was $171.99 and its highest was $320.95 in the past 12 months.
What is First Solar’s market cap?
First Solar’s market cap is $21.79B.
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Jul 30, 2026 which is in 3 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Apr 30, 2026. The company reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.031 by $0.189.
Is First Solar overvalued?
According to Wall Street analysts First Solar’s price is currently Undervalued.
Does First Solar pay dividends?
First Solar does not currently pay dividends.
What is First Solar’s EPS estimate?
First Solar’s EPS estimate is 2.99.
How many shares outstanding does First Solar have?
First Solar has 107,453,360 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of $3.22 in its last earnings report, beating expectations of $3.031. Following the earnings report the stock price went up 4.864%.
Which hedge fund is a major shareholder of First Solar?
Currently, no hedge funds are holding shares in FSLR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
First Solar Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$268.15 (40.81% Upside)
$268.15 (40.81% Upside)
Blogger Sentiment
Bullish
FSLR Sentiment 70%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 309.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 86%
Bearish news 14%
Bearish news 14%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.22%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
10.19%
Trailing 12-Months
Company Description
First Solar
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
FSLR Company Deck
FSLR Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial performance in Q1—record revenue, significant volume growth, expanded margins, robust adjusted EBITDA, higher net income, healthy cash position, successful CURE launch, and a sizable backlog. However, material near-term risks remain: tariff and policy uncertainty (Section 232/122/301 and proposed FEOP), reduced utilization of international factories, underutilization cost exposure, and execution/regulatory risks in India and for new technologies (perovskite). On balance, the positives around domestic manufacturing momentum, technology rollout (CURE), margin expansion, and a resilient balance sheet outweigh the risks, though continued outcomes from trade and policy decisions will be important to sustain momentum.View all FSLR earnings summariesFSLR Net sales Breakdown
95.69% U.S.
3.75% India
0.12% France
0.44% All other foreign countries

FSLR Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$268.15
▲(40.81% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.36% Insiders
18.53% Mutual Funds
2.32% Other Institutional Investors
43.44% Public Companies and Individual Investors












