FSLR Stock Chart & Stats
$3375.00
-$104.00(-2.85%)
At close: 4:00 PM EDT
$3375.00
-$104.00(-2.85%)
Day’s Range― - ―
52-Week Range$3,042.71 - $5,516.42
Previous CloseN/A
Volume47.00
Average Volume (3M)479.00
Market Cap
$347.09B
Enterprise Value$23.89B
Total Cash (Recent Filing)$1.73B
Total Debt (Recent Filing)$194.01M
Price to Earnings (P/E)11.1
Beta0.49
Next Earnings
Oct 29, 2026EPS Estimate
83.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)16.26
Shares Outstanding107,469,790
10 Day Avg. Volume1,012
30 Day Avg. Volume479
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$4,874.04Price Target Upside44.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering28
EPS Forecast (FY)315.53
Revenue Forecast (FY)$90.48B
Bulls Say, Bears Say
Bulls Say
Contracted BacklogThe large multi-year backlog provides meaningful visibility into future module shipments and revenue, reducing reliance on near-term bookings. Scheduled deliveries through 2030 also support capacity planning, customer relationships, and more durable utilization of First Solar’s manufacturing footprint.
Strong ProfitabilityExceptionally strong margins and year-over-year profit growth indicate substantial earnings power from First Solar’s technology, manufacturing scale, product mix, and policy-supported economics. Sustained profitability can fund capacity expansion and research while strengthening resilience across market cycles.
Conservative Balance SheetMinimal leverage and substantial net cash give First Solar considerable flexibility to fund domestic manufacturing, technology development, and other strategic investments without depending heavily on refinancing. This financial cushion also lowers solvency risk if demand, tariffs, or project timing become less favorable.
Bears Say
Revenue VolatilityThe pronounced top-line contraction shows that reported revenue remains sensitive to delivery timing, contract effects, and changing shipment patterns. Even with high margins, uneven revenue can complicate capacity utilization, earnings forecasting, and the pace at which fixed manufacturing costs are absorbed.
Policy And Trade UncertaintyUncertainty around tariffs, trade investigations, and sourcing requirements can delay customer decisions and make international production economics harder to plan. It may also pressure pricing or raise compliance costs, limiting visibility into demand and reducing the predictability of future margins and bookings.
International UnderutilizationPersistently underused Southeast Asian facilities create a recurring cost burden without a corresponding level of output, weighing on consolidated profitability and manufacturing efficiency. The unresolved capacity decision also leaves capital and operating resources tied to uncertain international demand and policy conditions.
First Solar News
FSLR FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was $3042.71 and its highest was $5516.42 in the past 12 months.
What is First Solar’s market cap?
First Solar’s market cap is $347.09B.
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Oct 29, 2026 which is in 21 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Jul 30, 2026. The company reported $70.412 earnings per share for the quarter, beating the consensus estimate of $52.055 by $18.358.
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 83.88.
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 $70.412 in its last earnings report, beating expectations of $52.055. Following the earnings report the stock price went up 3.501%.
Which hedge fund is a major shareholder of First Solar?
Currently, no hedge funds are holding shares in MX: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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5
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$4,874.04 (44.42% Upside)
$4,874.04 (44.42% Upside)
Blogger Sentiment
Bullish
MX:FSLR Sentiment 76%
Sector Average 64%
Sector Average 64%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-20.95%
12-Months-Change
Fundamentals
Return on Equity
18.02%
Trailing 12-Months
Asset Growth
4.13%
Trailing 12-Months
Learn more about TipRanks Smart Score
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 MX: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
$4,874.04
▲(44.42% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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