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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$171.99 - $320.95
Previous CloseN/A
Volume1.54M
Average Volume (3M)1.77M
Market Cap
$21.41B
Enterprise Value$19.39K
Total Cash (Recent Filing)$1.73B
Total Debt (Recent Filing)$37.63M
Price to Earnings (P/E)13.1
Beta1.05
Next Earnings
Oct 29, 2026EPS Estimate
4.76Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)16.26
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
$267.90Price Target Upside32.09% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering24
EPS Forecast (FY)17.69
Revenue Forecast (FY)$5.08B
Bulls Say, Bears Say
Bulls Say
High Profitability & MarginsSustained high margins and improved multi-year profitability indicate durable unit economics and operational leverage. This strong margin profile supports internal reinvestment, covers R&D and capex cycles, and provides buffer versus revenue swings, enhancing long-term cash generation and return prospects.
Conservative Balance Sheet & Net CashExtremely low leverage and a resilient net cash position provide lasting financial flexibility to fund capacity expansion, R&D pilots, and tariff-related shifts without near-term refinancing stress. This reduces solvency risk and supports strategic optionality through multi-year cycles.
Large Backlog & Domestic Manufacturing MomentumA sizable contracted backlog extending through 2030 combined with strong domestic manufacturing progress underpins durable revenue visibility and delivery certainty. Backlog plus U.S. capacity and finishing investments lower logistics/tariff exposure and support multi-year volume delivery and customer relationships.
Bears Say
Top-line VolatilitySevere trailing revenue contraction signals uneven demand realization and booking timing risk. Even with strong margins, unstable top-line growth undermines predictability of earnings and free cash flow, complicates capacity planning and could pressure returns if weakness persists beyond near-term windows.
Tariff & Policy UncertaintyPersistent trade and policy uncertainty materially affects production allocation, pricing and booking selectivity. Structural tariff risk can drive sustained underutilization, shift mix to lower‑ASP markets, and force capex or footprint adjustments, creating durable headwinds to volume and margin plans.
Perovskite Commercialization & Execution RiskPlanned perovskite pilots introduce multi-year commercialization and bankability uncertainty. Elevated R&D and pilot costs, reduced finished-module throughput during reallocation, and unclear economics at scale create execution risk to future technology-driven revenue upside and could delay expected returns from new product lines.
First Solar News
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 $21.41B.
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Oct 29, 2026 which is in 90 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 4.76.
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 $3.92 in its last earnings report, beating expectations of $2.898. Following the earnings report the stock price went same N/A.
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:
$267.90 (32.09% Upside)
$267.90 (32.09% Upside)
Blogger Sentiment
Bullish
FSLR Sentiment 85%
Sector Average 62%
Sector Average 62%
Hedge Fund Trend
Decreased
By 309.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.06%
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
Q2 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
Average Price Target
$267.90
▲(32.09% Upside)
Technical Analysis
Ownership Overview
0.36% Insiders
18.53% Mutual Funds
4.54% Other Institutional Investors
40.53% Public Companies and Individual Investors