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First Solar, Inc. (FSLR)

174.40 -2.49 (-1.41%)
At close: October 30 at 4:00:01 PM EDT
174.69 +0.29 (+0.17%)
After hours: October 30 at 7:56:43 PM EDT
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FSLR Q3 2026 earnings call
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39m ago
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First Solar’s Q3 2026 results showed a sharp profitability improvement despite lower sales. Adjusted EPS reached $5.30, while revenue declined 23% year over yearand full-year guidance was reduced. The company also authorized a $500 million share-repurchase programand continued expanding U.S. manufacturing and perovskite technology.

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  • Previous Close 176.89
  • Open 168.00
  • Bid 163.08 x 100
  • Ask 182.58 x 100
  • Day's Range 168.00 - 175.99
  • 52 Week Range 165.86 - 320.95
  • Volume 3,485,058
  • Avg. Volume 2,324,387
  • Market Cap (intraday) 18.745B
  • Beta (5Y Monthly) 1.79
  • PE Ratio (TTM) 10.09
  • EPS (TTM) 17.29
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield -- (0.00%)
  • 1y Target Est 274.24
  • Morningstar Rating Rating available with Stock Picks access

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 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

FSLR
33.24%
S&P 500 (^GSPC)
10.73%

1-Year Return

FSLR
25.34%
S&P 500 (^GSPC)
11.11%

3-Year Return

FSLR
27.93%
S&P 500 (^GSPC)
81.91%

5-Year Return

FSLR
45.83%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 1.23B
Earnings 571.06M
Profit Margin 46.39%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
500M
1B
2B
35.0%
40.0%
45.0%

Analyst Insights

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Analyst Price Targets

191.00
274.24 Average
174.40 Current
402.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst JP Morgan
Rating Action Maintains
Rating Overweight
Price Action Lowers
Price Target 252 -> 233

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (current)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    37.12%

  • Return on Assets (ttm)

    8.60%

  • Return on Equity (ttm)

    18.71%

  • Revenue (ttm)

    5.01B

  • Net Income Avi to Common (ttm)

    1.86B

  • Diluted EPS (ttm)

    17.29

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.62B

  • Total Debt/Equity (mrq)

    2.99%

  • Levered Free Cash Flow (ttm)

    687.75M

Company Insights

Research Reports

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