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First Solar (FSLR) Price & Analysis

FSLR Stock Chart & Stats

MX$3,216.00-MX$129.00(-3.86%)
At close: 4:00 PM EDT
MXN 3,000MXN 3,500MXN 4,0003 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
MXN 3,200.00 - MXN 3,216.87
52-Week Range
MXN 3,042.71 - MXN 5,516.42
Previous Close
MXN 3,345.00
Volume
47
Average Volume (3M)
455
Market Cap
MXN 352.14B
Enterprise Value
MXN 17.56B
Total Cash (Recent Filing)
MXN 1.62B
Total Debt (Recent Filing)
MXN 324.97M
Price to Earnings (P/E)
10.1
Beta
0.45
Next Earnings
Mar 02, 2027
EPS Estimate
100.32
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Contracted Backlog

The 44 GW contracted backlog provides substantial multi-year revenue visibility and supports production planning through 2030. This contractual foundation can reduce dependence on spot-market demand, support capacity utilization, and strengthen confidence in medium-term cash-flow potential.

High Profitability

Strong gross and adjusted EBITDA margins demonstrate meaningful earnings power and indicate that First Solar is converting its manufacturing and U.S. production mix into substantial operating profit. Sustained profitability provides resources for technology investment, capacity expansion, and resilience across the cycle.

Conservative Balance Sheet

Minimal leverage and a sizable net cash position give First Solar significant financial flexibility. The company can fund manufacturing, technology development, and other strategic needs without relying heavily on debt, while maintaining greater capacity to absorb operating volatility.

Bears Say

Lowered 2026 Outlook

The reduced 2026 volume, revenue, and adjusted EBITDA outlook signals that near-term execution and demand are weaker than previously expected. Lower realized shipments can pressure factory utilization and delay the conversion of backlog into reported revenue and operating cash flow.

Weak Cash Conversion

Recent cash generation is materially weaker than accounting earnings, creating a quality risk despite strong reported profitability. If this conversion weakness persists, internally generated funds may be less available for expansion, technology spending, capital returns, or protection against operating volatility.

Policy And Project Uncertainty

Unresolved trade rules and project-development obstacles make customer timing and module pricing less predictable. These conditions can delay contracting decisions, moderate bookings, and complicate production planning, limiting the pace at which First Solar converts its strategic positioning into future shipments.

First Solar News

FSLR FAQ

What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was Mex$3042.71 and its highest was Mex$5516.42 in the past 12 months.
What is First Solar’s market cap?
First Solar’s market cap is Mex$352.14B.
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Mar 02, 2027 which is in 121 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Oct 29, 2026. The company reported Mex$100.076 earnings per share for the quarter, beating the consensus estimate of Mex$88.218 by Mex$11.858.
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 100.32.
How many shares outstanding does First Solar have?
First Solar has 107,481,150 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of Mex$100.076 in its last earnings report, beating expectations of Mex$88.218. Following the earnings report the stock price went down -3.857%.
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