First Solar (FSLR) Stock Price, News & Analysis

Company Overview

First Solar, Inc. (NASDAQ: FSLR) is a United States–based solar technology company best known for designing and manufacturing thin‑film photovoltaic (PV) modules that use cadmium telluride (CdTe) semiconductor technology. The company supplies PV modules and delivers integrated solar power solutions for utility‑scale projects, positioning itself as a provider of both components and complete solar energy systems rather than solely a parts supplier. First Solar was founded in 1999 and is headquartered in Tempe, Arizona.

Beyond module manufacturing, First Solar offers a range of project services including development support, engineering, procurement and construction (EPC) services, and operations and maintenance (O&M) for large-scale solar installations. The company emphasizes lifecycle management for its products, including a take‑back and recycling program for end‑of‑life CdTe modules intended to recover materials and limit environmental impact. First Solar’s business model combines manufacturing scale with downstream project capabilities to participate across the solar value chain.

First Solar serves customers and project developers globally, participating in utility‑scale solar markets across North America, Europe, and other regions where large PV installations are deployed. Its integrated approach targets power producers, independent developers and institutional customers seeking turnkey solar solutions. The company has positioned itself around large-scale deployments and industrialized manufacturing to pursue cost reductions and project delivery at scale while stressing environmental stewardship through recycling and product lifecycle initiatives.

Key Stats

• Today's Range: $212.81 to $221.58
• 50-Day Range: $184.70 to $243.21
• 52-Week Range: $125.80 to $285.99
• Volume: 3.16 million shs
• Average Volume: 2.27 million shs
• Market Capitalization: $23.55 billion
• P/E Ratio: 14.16
• Dividend Yield: N/A
• Price Target: $246.10
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 95% of companies evaluated by MarketBeat, and ranked 3rd out of 247 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: 3.2 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on no strong buy ratings, 18 buy ratings, 13 hold ratings, and 1 sell rating.

Upside Potential

First Solar has a consensus price target of $246.10, representing about 12.3% upside from its current price of $219.21.

Amount of Analyst Coverage

First Solar has been the subject of 25 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 37.09%

Earnings Growth

Earnings for First Solar are expected to grow by 37.09% in the coming year, from $17.23 to $23.62 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Solar is 14.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 14.16, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 16.00.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.48. 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 2.38. 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

6.11% 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 3.62, 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 12.23%, 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.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.70

News Sentiment

First Solar has a news sentiment score of 0.70. 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 70 news articles for First Solar this week, compared to 16 articles on an average week.

Search Interest

41 people have searched for FSLR on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.

MarketBeat Follows

24 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 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 $16,043,186.00 in company stock.

Percentage Held by Insiders

0.39% 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 $261.23 at the beginning of the year. Since then, FSLR stock has decreased by 16.1% and is now trading at $219.2120.

How were First Solar's earnings last quarter?

First Solar, Inc. (NASDAQ:FSLR) posted its earnings results on Thursday, April, 30th. The solar cell manufacturer reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.35. First Solar's revenue was up 23.6% 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 more.

Who are First Solar's major shareholders?

Top institutional investors of First Solar include Pictet Asset Management Holding SA (1.06%), Bank of New York Mellon Corp (0.66%), Assenagon Asset Management S.A. (0.22%) and Sumitomo Mitsui Trust Group Inc. (0.21%). Insiders that own company stock include Mark R Widmar, Caroline Stockdale, Alexander R Bradley, William J Post, Georges Antoun, Paul H Stebbins, Michael Koralewski, R Craig Kennedy, Michael T Sweeney, Markus Gloeckler, Richard D Chapman, Jason E Dymbort, Kuntal Kumar Verma, Patrick James Buehler, Samantha L Sloan, 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: 4/30/2026
• Today: 5/06/2026
• AGM 2026: 5/13/2026
• Fiscal Year End: 12/31/2026

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: 7,900
• Year Founded: 1999

Price Target and Rating

• Average Price Target for First Solar: $246.10
• High Price Target: $310.00
• Low Price Target: $150.00
• Potential Upside/Downside: +12.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.53
• Research Coverage: 32 Analysts

Profitability

• EPS (Trailing Twelve Months): $15.48
• Trailing P/E Ratio: 14.16
• Forward P/E Ratio: 12.72
• P/E Growth: 0.48
• Net Income: $1.53 billion
• Net Margins: 30.73%
• Pretax Margin: 31.71%
• Return on Equity: 18.01%
• Return on Assets: 12.57%

Debt

• Debt-to-Equity Ratio: 0.02
• Current Ratio: 2.56
• Quick Ratio: 2.15

Sales & Book Value

• Annual Sales: $5.22 billion
• Price / Sales: 4.51
• Cash Flow: $19.89 per share
• Price / Cash Flow: 11.02
• Book Value: $91.93 per share
• Price / Book: 2.38

Miscellaneous

• Outstanding Shares: 107,450,000
• Free Float: 107,032,000
• Market Cap: $23.55 billion
• Optionable: Optionable
• Beta: 1.57