First Solar (FSLR) Stock Price, News & Analysis

Company Overview

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.

Key Stats

• Today's Range: $179.32 to $186.81
• 50-Day Range: $143.67 to $185.43
• 52-Week Range: $116.56 to $262.72
• Volume: 2.05 million shs
• Average Volume: 3.61 million shs
• Market Capitalization: $19.87 billion
• P/E Ratio: 15.76
• Dividend Yield: N/A
• Price Target: $225.73
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 100% of companies evaluated by MarketBeat, and ranked 2nd out of 264 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.87, and is based on 24 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

First Solar has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 56.09%

Earnings Growth

Earnings for First Solar are expected to grow by 56.09% in the coming year, from $13.05 to $20.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Solar is 15.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 15.76, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.89.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.35. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

First Solar has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.72% of the float of First Solar has been sold short.

Short Interest Ratio / Days to Cover

First Solar has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Solar has recently decreased by 6.27%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

First Solar does not currently pay a dividend.

Dividend Growth

First Solar does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.14

Percentage of Shares Shorted

9.72% of the float of First Solar has been sold short.

Short Interest Ratio / Days to Cover

First Solar has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Solar has recently decreased by 6.27%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.05

News Sentiment

First Solar has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 36 news articles for First Solar this week, compared to 25 articles on an average week.

Search Interest

55 people have searched for FSLR on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.

MarketBeat Follows

31 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 182% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, First Solar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,515,172.00 in company stock.

Percentage Held by Insiders

Only 0.48% of the stock of First Solar is held by insiders.

Percentage Held by Institutions

92.08% of the stock of First Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FSLR Stock Analysis - Frequently Asked Questions

How have FSLR shares performed this year?

First Solar's stock was trading at $176.24 on January 1st, 2025. Since then, FSLR stock has increased by 5.2% and is now trading at $185.32.

How were First Solar's earnings last quarter?

First Solar, Inc. (NASDAQ:FSLR) posted its quarterly earnings data on Tuesday, April, 29th. The solar cell manufacturer reported $1.95 earnings per share for the quarter, missing analysts' consensus estimates of $2.50 by $0.55. The firm's quarterly revenue was up 6.4% on a year-over-year basis.
Read the conference call transcript.

Does First Solar have any subsidiaries?

First Solar subsidiaries include these companies: Enki Technology Inc, TetraSun Inc., Solar Chile S.A., RayTracker, NextLight Renewable Power, Turner Renewable Energy LLC, First Solar Development LLC, and more.

Who are First Solar's major shareholders?

First Solar's top institutional shareholders include IMC Chicago LLC, Mirova US LLC (0.88%), Triodos Investment Management BV (0.26%) and Swedbank AB (0.15%). Insiders that own company stock include Mark R Widmar, Georges Antoun, Alexander R Bradley, Paul H Stebbins, William J Post, Jason E Dymbort, Caroline Stockdale, Michael T Sweeney, R Craig Kennedy, Michael Koralewski, Richard D Chapman, Markus Gloeckler, Kuntal Kumar Verma, Patrick James Buehler, Nathan B Theurer and Byron Michael Jeffers.
View institutional ownership trends.

How do I buy shares of First Solar?

Shares of FSLR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Solar own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Solar investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

• Last Earnings: 4/29/2025
• Today: 7/25/2025
• Next Earnings (Estimated): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Solar
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:FSLR
• CIK: 1274494
• Web: www.firstsolar.com
• Phone: (602) 414-9300
• Fax: 602-414-9400
• Employees: 8,100
• Year Founded: 1999

Price Target and Rating

• Average Price Target for First Solar: $225.73
• High Price Target: $326.00
• Low Price Target: $100.00
• Potential Upside/Downside: +21.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.87
• Research Coverage: 31 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.76
• Trailing P/E Ratio: 15.76
• Forward P/E Ratio: 14.20
• P/E Growth: 0.35
• Net Income: $1.29 billion
• Net Margins: 29.72%
• Pretax Margin: 32.13%
• Return on Equity: 16.32%
• Return on Assets: 10.84%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.93
• Quick Ratio: 1.39

Sales & Book Value

• Annual Sales: $4.21 billion
• Price / Sales: 4.72
• Cash Flow: $16.43 per share
• Price / Cash Flow: 11.28
• Book Value: $74.52 per share
• Price / Book: 2.49

Miscellaneous

• Outstanding Shares: 107,240,000
• Free Float: 106,729,000
• Market Cap: $19.87 billion
• Optionable: Optionable
• Beta: 1.52