First Solar (FSLR) Stock Price, News & Analysis

Company Overview

First Solar, Inc. (NASDAQ: FSLR) is a vertically integrated solar energy company specializing in the design, manufacture and deployment of thin-film photovoltaic (PV) solar modules and utility-scale solar power systems. Utilizing cadmium telluride (CdTe) semiconductor technology, the company produces eco-efficient solar panels that are lightweight, have a low carbon footprint and perform well under high temperature and low-light conditions. In addition to module manufacturing, First Solar provides engineering, procurement and construction (EPC) services, operations and maintenance (O&M) support, and project development expertise for large-scale solar installations.

Founded in 1999 and headquartered in Tempe, Arizona, First Solar pioneered the commercialization of CdTe PV technology, achieving significant cost reductions and production-scale efficiencies over the past two decades. The company has manufacturing facilities in the United States and international markets, and it continually invests in research and development to enhance module efficiency, reliability and lifecycle sustainability. First Solar’s production processes emphasize sustainability, incorporating water recycling, material reuse and waste reduction practices throughout its facilities.

First Solar serves a global customer base, with completed and ongoing projects across North America, Latin America, Europe, the Middle East and the Asia-Pacific region. Its utility-scale solar power plants, often exceeding 100 megawatts in capacity, contribute to grid stability and long-term renewable energy goals for governmental and commercial clients. The company has also entered partnerships to supply modules for commercial and industrial rooftop installations, expanding its end markets beyond large-scale ground-mounted systems.

Under the leadership of Chief Executive Officer Mark Widmar, First Solar continues to focus on driving down the levelized cost of electricity (LCOE) for solar power and enhancing its project pipeline. The company’s management team brings experience in technology development, large-scale project execution and global operations, positioning First Solar to capitalize on increasing demand for clean energy solutions. Through strategic investments and technology innovation, First Solar aims to maintain its position as a leading provider of sustainable solar energy products and services.

Key Stats

• Today's Range: $195.04 to $199.80
• 50-Day Range: $144.67 to $219.33
• 52-Week Range: $116.56 to $262.72
• Volume: 1.40 million shs
• Average Volume: 3.33 million shs
• Market Capitalization: $20.93 billion
• P/E Ratio: 16.70
• Dividend Yield: N/A
• Price Target: $225.84
• Consensus Rating: Moderate Buy

First Solar Stock Analysis - MarketRank™

First Solar scored higher than 98% of companies evaluated by MarketBeat, and ranked 5th out of 268 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 2.89, and is based on 22 buy ratings, 3 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

First Solar has been the subject of 12 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 16.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of First Solar is 16.70, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.97.

Price to Earnings Growth Ratio

First Solar has a PEG Ratio of 0.39. 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 2.62. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.45% 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 2.1, 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 0.62%, indicating that investor sentiment is improving.

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

9.45% 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 2.1, 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 0.62%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.26

News Sentiment

First Solar has a news sentiment score of 1.26. 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 0.96 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for First Solar this week, compared to 30 articles on an average week.

Search Interest

Only 46 people have searched for FSLR on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.

MarketBeat Follows

Only 15 people have added First Solar to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 $6,766,664.00 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 at the beginning of the year. Since then, FSLR shares have increased by 10.8% and is now trading at $195.19.

How were First Solar's earnings last quarter?

First Solar, Inc. (NASDAQ:FSLR) issued its quarterly earnings results on Thursday, July, 31st. The solar cell manufacturer reported $3.18 earnings per share for the quarter, topping the consensus estimate of $2.68 by $0.50. The business's quarterly revenue was up 8.6% on a year-over-year basis.
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 investors of First Solar include Vanguard Group Inc. (12.36%), Jane Street Group LLC, State Street Corp (4.97%) and Geode Capital Management LLC (2.66%). 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: 7/31/2025
• Today: 9/01/2025
• Next Earnings (Estimated): 11/04/2025
• 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: $225.84
• High Price Target: $287.00
• Low Price Target: $100.00
• Potential Upside/Downside: +15.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 28 Analysts

Profitability

• EPS (Trailing Twelve Months): $11.69
• Trailing P/E Ratio: 16.70
• Forward P/E Ratio: 14.96
• P/E Growth: 0.39
• Net Income: $1.29 billion
• Net Margins: 28.95%
• Pretax Margin: 30.92%
• Return on Equity: 15.57%
• Return on Assets: 10.36%

Debt

• Debt-to-Equity Ratio: 0.04
• Current Ratio: 1.90
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $4.21 billion
• Price / Sales: 4.98
• Cash Flow: $16.03 per share
• Price / Cash Flow: 12.18
• Book Value: $74.52 per share
• Price / Book: 2.62

Miscellaneous

• Outstanding Shares: 107,250,000
• Free Float: 106,733,000
• Market Cap: $20.93 billion
• Optionable: Optionable
• Beta: 1.40