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: $297.25 to $313.75
• 50-Day Range: $184.70 to $306.79
• 52-Week Range: $135.50 to $313.75
• Volume: 5.99 million shs
• Average Volume: 2.84 million shs
• Market Capitalization: $32.96 billion
• P/E Ratio: 19.82
• Dividend Yield: N/A
• Price Target: $247.40
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 82% of companies evaluated by MarketBeat, and ranked 66th out of 252 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: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

First Solar has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 1 strong buy rating, 18 buy ratings, 12 hold ratings, and 1 sell rating.

Downside Risk

First Solar has a consensus price target of $247.40, representing about 19.4% downside from its current price of $306.79.

Amount of Analyst Coverage

First Solar has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 36.22%

Earnings Growth

Earnings for First Solar are expected to grow by 36.22% in the coming year, from $17.64 to $24.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of First Solar is 19.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.89.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 19.82, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 19.85.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.67. 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 3.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.09% 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 2.99, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in First Solar has recently increased by 11.80%, indicating that investor sentiment is decreasing 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: 4.4 / 5
• News Sentiment: 0.97

News Sentiment

First Solar has a news sentiment score of 0.97. 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 0.74 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 24 news articles for First Solar this week, compared to 15 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 76% compared to the previous 30 days.

MarketBeat Follows

25 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is an increase of 92% 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 $20,006,930.00 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.

Company Calendar

• Last Earnings: 4/30/2026
• Today: 5/30/2026
• Next Earnings (Estimated): 7/30/2026
• 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: $247.40
• High Price Target: $310.00
• Low Price Target: $150.00
• Potential Upside/Downside: -19.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.59
• Research Coverage: 32 Analysts

Profitability

• EPS (Trailing Twelve Months): $15.48
• Trailing P/E Ratio: 19.82
• Forward P/E Ratio: 17.39
• P/E Growth: 0.67
• 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: 6.32
• Cash Flow: $19.39 per share
• Price / Cash Flow: 15.82
• Book Value: $91.93 per share
• Price / Book: 3.34

Miscellaneous

• Outstanding Shares: 107,450,000
• Free Float: 107,034,000
• Market Cap: $32.96 billion
• Optionable: Optionable
• Beta: 1.57