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First Solar, Inc. (FSLR)

204.45 -2.97 (-1.43%)
At close: September 4 at 4:00:01 PM EDT
204.18 -0.27 (-0.13%)
After hours: September 4 at 7:59:47 PM EDT
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What's happening with FSLR?

19m ago
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First Solar (FSLR) continues to navigate a complex landscape shaped by recent tariffs and market volatility. Despite a 36% declinefrom its peak, analysts see potential upside driven by favorable pricing dynamics due to tariffs, with a target price ranging from $263 to $402.

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  • Previous Close 207.42
  • Open 208.24
  • Bid 196.65 x 100
  • Ask 215.46 x 100
  • Day's Range 203.48 - 209.68
  • 52 Week Range 182.99 - 320.95
  • Volume 1,519,700
  • Avg. Volume 2,127,274
  • Market Cap (intraday) 21.972B
  • Beta (5Y Monthly) 1.73
  • PE Ratio (TTM) 12.61
  • EPS (TTM) 16.21
  • Earnings Date (est.) Oct 29, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 275.30

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. 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 Phoenix, Arizona.

www.firstsolar.com

7,900

Full Time Employees

December 31

Fiscal Year Ends

Technology

Sector

Solar

Industry

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FSLR
21.74%
S&P 500 (^GSPC)
12.75%

1-Year Return

FSLR
1.28%
S&P 500 (^GSPC)
18.71%

3-Year Return

FSLR
9.70%
S&P 500 (^GSPC)
70.93%

5-Year Return

FSLR
117.36%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.06B
Earnings 422.57M
Profit Margin 40.01%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
500M
1B
2B
30.0%
32.0%
34.0%
36.0%
38.0%
40.0%

Analyst Insights

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Analyst Price Targets

150.00 Low
275.30 Average
204.45 Current
402.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 8/27/2026
Analyst BMO Capital
Rating Action Upgrade
Rating Outperform
Price Action Raises
Price Target 237 -> 263

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    32.46%

  • Return on Assets (ttm)

    8.62%

  • Return on Equity (ttm)

    18.51%

  • Revenue (ttm)

    5.38B

  • Net Income Avi to Common (ttm)

    1.75B

  • Diluted EPS (ttm)

    16.21

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.73B

  • Total Debt/Equity (mrq)

    1.88%

  • Levered Free Cash Flow (ttm)

    1.6B

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