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FSLR Stock Chart & Stats
$202.82
-$3.10(-1.51%)
At close: 4:00 PM EDT
$202.82
-$3.10(-1.51%)
Day’s Range― - ―
52-Week Range$182.99 - $320.95
Previous CloseN/A
Volume1.54M
Average Volume (3M)1.77M
Market Cap
$23.64B
Enterprise Value$23.89K
Total Cash (Recent Filing)$1.73B
Total Debt (Recent Filing)$194.01M
Price to Earnings (P/E)13.7
Beta1.12
Next Earnings
Oct 29, 2026EPS Estimate
4.64Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)16.26
Shares Outstanding107,469,790
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
$274.68Price Target Upside35.43% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)17.44
Revenue Forecast (FY)$5.04B
Bulls Say, Bears Say
Bulls Say
Large Contracted BacklogThe multi-year backlog provides substantial revenue visibility and supports factory utilization through 2030. Recent U.S. and India bookings also indicate continued demand for First Solar’s utility-scale modules.
Strong ProfitabilityHigh margins and the sustained recovery from losses to strong profitability indicate improved manufacturing economics and pricing power. This gives the company capacity to fund technology investment while absorbing some cost pressure.
Conservative Balance SheetMinimal leverage and substantial net cash reduce refinancing risk and provide flexibility for domestic capacity expansion, research and development, and temporary working-capital needs during industry or policy disruptions.
Bears Say
Revenue And Cash-flow VolatilityDespite strong current margins, sharp revenue swings and uneven historical free cash flow reduce earnings visibility. Volatility may reflect contract timing, working-capital movements, and uneven factory utilization, complicating sustained growth planning.
Trade And Policy ExposureTariffs, trade investigations, and changing eligibility rules can alter customer decisions, pricing, sourcing economics, and international production plans. These policy dependencies create durable uncertainty around margins and demand conversion.
International Underutilization And Capacity DelaysUnderused Southeast Asian facilities create recurring fixed-cost drag while policy clarity remains limited. The delayed South Carolina Phase 2 also postpones incremental domestic finishing capacity and may constrain the pace of future volume expansion.
First Solar News
FSLR FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was $182.99 and its highest was $320.95 in the past 12 months.
What is First Solar’s market cap?
First Solar’s market cap is $23.64B.
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Oct 29, 2026 which is in 70 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Jul 30, 2026. The company reported $3.92 earnings per share for the quarter, beating the consensus estimate of $2.898 by $1.022.
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 4.64.
How many shares outstanding does First Solar have?
First Solar has 107,469,790 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of $3.92 in its last earnings report, beating expectations of $2.898. Following the earnings report the stock price went up 2.437%.
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
Outperform
1
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$274.68 (35.43% Upside)
$274.68 (35.43% Upside)
Blogger Sentiment
Bullish
FSLR Sentiment 81%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 309.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days >0.1%
Last 30 Days ▲ 0.5%
Last 30 Days ▲ 0.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.06%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
4.13%
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
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented strong operational and financial performance (record volumes, wide gross margins, robust adjusted EBITDA and net income growth, a large backlog and a healthy balance sheet) alongside notable near-term headwinds tied to trade/policy uncertainty, international underutilization, logistics costs, and some timing delays for domestic capacity. On balance, the company emphasized disciplined contracting and substantial upside from technology (CuRe and perovskites) while awaiting policy clarity that could catalyze further bookings and utilization.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
$274.68
▲(35.43% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
0.31% Insiders
18.53% Mutual Funds
22.50% Other Institutional Investors
23.02% Public Companies and Individual Investors












