First Solar stock analysis
First Solar (FSLR) Stock Price & Analysis
FSLR Stock Chart & Stats
- Day’s Range
- CHF 147.72 - CHF 149.02
- 52-Week Range
- CHF 138.70 - CHF 252.91
- Previous Close
- CHF 150.28
- Volume
- N/A
- Average Volume (3M)
- 1
- Market Cap
- CHF 16.19B
- Enterprise Value
- CHF 17.56B
- Total Cash (Recent Filing)
- CHF 1.62B
- Total Debt (Recent Filing)
- CHF 324.97M
- Price to Earnings (P/E)
- 10.3
- Beta
- -0.05
- Next Earnings
- Mar 02, 2027 (Est.)
- EPS Estimate
- 4.32
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Contracted Backlog
The large multi-year backlog provides meaningful visibility into future module shipments and revenue, reducing reliance on immediate spot-market demand. Deliveries extending through 2030 also support capacity planning and reinforce First Solar’s position with utility-scale customers.
Profitability
Very strong gross and EBITDA margins demonstrate substantial current earnings power, particularly as the U.S.-produced module mix expands. If supported by domestic production scale and contract pricing, this profitability can fund technology investment and capacity growth.
Balance Sheet Strength
Extremely low leverage and strong returns on equity give First Solar considerable financial flexibility without relying heavily on debt. This balance-sheet resilience can support manufacturing expansion, research spending, and shareholder returns while reducing solvency risk.
Bears Say
Lowered Growth Outlook
Lowered volume, revenue and adjusted EBITDA guidance indicates that near-term demand and delivery timing are weaker than previously expected. A slower growth cadence could reduce operating leverage and make future earnings more dependent on execution and customer commitments.
Weak Cash Conversion
Recent cash generation is materially weaker than reported earnings, creating a quality risk even though profitability remains high. Persistently low conversion could constrain internally funded expansion and make results more sensitive to working-capital timing and investment needs.
Policy And Customer Uncertainty
Regulatory uncertainty can delay customer procurement decisions, complicate pricing, and alter the relative economics of domestic production. Because First Solar’s demand and contract terms are closely tied to trade policy, prolonged uncertainty may moderate bookings and utilization.
First Solar News
FSLR FAQ
What was First Solar’s price range in the past 12 months?
What is First Solar’s market cap?
When is First Solar’s upcoming earnings report date?
How were First Solar’s earnings last quarter?
Is First Solar overvalued?
Does First Solar pay dividends?
What is First Solar’s EPS estimate?
How many shares outstanding does First Solar have?
What happened to First Solar’s price movement after its last earnings report?
Which hedge fund is a major shareholder of First Solar?
What is the TipRanks Smart Score and how is it calculated?
First Solar Stock 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.
- Sector
- Technology
- Industry
- Solar
- CEO
- Mark R. Widmar
- Employees
- 7,900
- Website
- www.firstsolar.com
- Address
- 4300 E Camelback Road, Suite 220, Phoenix, AZ, 85018, US
First Solar (FSLR) Earnings & Revenues
FSLR Company Deck
FSLR Earnings Call
Earnings Call SentimentPositive
The call was generally positive, supported by strong third-quarter profitability, a 44-gigawatt contracted backlog, higher gross margins, U.S. manufacturing expansion, CuRe and perovskite technology progress, and a new $500 million share repurchase authorization. However, the company also reported a 23% year-over-year sales decline, lowered 2026 volume, revenue and adjusted EBITDA guidance, moderated bookings, significant customer and policy uncertainty, and unresolved decisions regarding Malaysia and litigation. The positive operating results and strategic positioning outweighed the stated challenges.
View all CH: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
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 13 |
| Technical Analysis | 2 | 5 | 2 |
| Moving Averages | 1 | 0 | 11 |













