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FSLR

First Solar, Inc.

FSLR

NASDAQ·Energy·Solar·Mkt cap $24.9B

$221.68

-4.48%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$159.85 - $320.95

P/E

14.32

Fwd P/E

9.83

Beta

1.69

Div Yield

0.00%

Avg Vol

2.5M

Shares Out

107.5M

Mkt Cap

$24.9B

Price action

Price chart

Up 36.1% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Proprietary Cadmium Telluride Solar Technology
  • Advanced Manufacturing Capabilities
  • Global Project Development Expertise
  • Strong Sustainability Credentials

Bear Case

1 risk

  • Above-average volatility (beta 1.7).

Growth

Moderate growth ahead

Global Renewable Energy Transition

Value

Undervalued - trading well below Solar Energy peers

Momentum

Strong

+18.8% over 3m

Quality

Strong

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 23, 2026

Q2 26 RECAP

APR 30, 2026

Reported EPS of $3.22 vs $2.87 consensus (+12.2% surprise). Revenue of $1.0B vs $1.0B expected (+0.9%). Beat on both top and bottom lines.

EPS beat +12.2%
Rev beat +0.9%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+12.2%

Next: Apr 23, 2026

Revenue trend · last 8Q

+31%

+6%

+9%

+80%

+11%

+24%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$1.0B

$887.7M

$1.5B

$844.6M

$1.1B

$1.6B

$1.7B

$1.0B

Margins · last 8Q

Gross

46.5%

Operating

33.8%

Profit

33.2%

Wall Street consensus

18 analysts · 67% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

12

67%

Hold

5

28%

Sell

1

6%

Median Price Target

$270.00

+21.8% vs $221.68

Low $213.00
Median $270.00
High $315.00

Latest: Bernstein · Jun 26, 2026

5 analysts covering

vs Industry

How FSLR stacks vs Solar

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.