First Solar (FSLR) Stock Price, News & Analysis

Company Overview

First Solar, Inc. (NASDAQ:FSLR) is a leading global provider of photovoltaic (PV) solar energy solutions, specializing in the design, development, manufacturing and sale of advanced thin-film solar modules. The company’s proprietary cadmium telluride (CdTe) technology offers a lower carbon footprint and competitive cost per watt compared to conventional silicon-based modules. In addition to module manufacturing, First Solar provides comprehensive project development, engineering, procurement and construction (EPC) services, as well as operations and maintenance (O&M) support to utility-scale solar power plant owners and operators.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar has played a pioneering role in the solar industry’s evolution over more than two decades. The company’s initial public offering in 2006 fueled rapid expansion of its manufacturing footprint and research capabilities. Through ongoing investment in research and development, First Solar has continually improved module efficiency and durability, positioning its products as a benchmark for performance and reliability in challenging environmental conditions.

First Solar serves customers across North America, Europe, Latin America and the Asia-Pacific region, with module assembly facilities and project development offices strategically located to optimize supply chains and respond to regional market demands. Its global installed base spans diverse climates, from desert landscapes in the southwestern United States to sun-drenched fields in Australia and utility-scale arrays in emerging markets, underscoring the adaptability of CdTe technology to a wide range of project specifications and regulatory environments.

Under the leadership of Chief Executive Officer Mark Widmar and a seasoned management team, First Solar continues to pursue growth through technological innovation, operational excellence and strategic partnerships. The company remains focused on expanding its vertically integrated business model, enhancing module production capacity and advancing next-generation solar technologies. First Solar’s commitment to sustainability and cost-effective clean energy solutions positions it to capitalize on the accelerating global transition to renewable power.

Key Stats

• Today's Range: $167.60 to $174.27
• 50-Day Range: $133.76 to $192.98
• 52-Week Range: $116.56 to $262.72
• Volume: 948,981 shs
• Average Volume: 3.25 million shs
• Market Capitalization: $18.69 billion
• P/E Ratio: 14.86
• Dividend Yield: N/A
• Price Target: $228.87
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 100% of companies evaluated by MarketBeat, and ranked 1st out of 267 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: 4.4 / 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 16 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 14.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 14.19, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 64.04.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.34. 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 2.24. 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: 3.2 / 5
• News Sentiment: 0.78

News Sentiment

First Solar has a news sentiment score of 0.78. 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 news sentiment score is similar to the average news sentiment of Energy companies.

News Coverage This Week

MarketBeat has tracked 29 news articles for First Solar this week, compared to 25 articles on an average week.

Search Interest

60 people have searched for FSLR on MarketBeat in the last 30 days. This is an increase of 15% compared to the previous 30 days.

MarketBeat Follows

29 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 190% 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 decreased by 5.3% and is now trading at $166.82.

How were First Solar's earnings last quarter?

First Solar, Inc. (NASDAQ:FSLR) released its quarterly earnings results on Tuesday, April, 29th. The solar cell manufacturer reported $1.95 EPS for the quarter, missing analysts' consensus estimates of $2.50 by $0.55. The firm's revenue was up 6.4% compared to the same quarter last year.
Read the conference call transcript.

Does First Solar have any subsidiaries?

The following companies are subsidiaries of First Solar: Enki Technology Inc, TetraSun Inc., Solar Chile S.A., RayTracker, NextLight Renewable Power, Turner Renewable Energy LLC, First Solar Development LLC, and others.

Who are First Solar's major shareholders?

Top institutional shareholders of First Solar include Swedbank AB (0.15%), Assenagon Asset Management S.A. (0.14%), E. Ohman J or Asset Management AB (0.13%) and Foster Victor Wealth Advisors LLC (0.09%). 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: 7/17/2025
• 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: $228.87
• High Price Target: $326.00
• Low Price Target: $100.00
• Potential Upside/Downside: +37.2%
• 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: 14.19
• Forward P/E Ratio: 12.78
• P/E Growth: 0.34
• 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: 4.25
• Cash Flow: $15.55 per share
• Price / Cash Flow: 10.73
• Book Value: $74.52 per share
• Price / Book: 2.24

Miscellaneous

• Outstanding Shares: 107,240,000
• Free Float: 106,729,000
• Market Cap: $17.89 billion
• Optionable: Optionable
• Beta: 1.52