FSLR · First Solar, Inc.
Technology NMS United States firstsolar.com ↗
BEARISH BUY
Val Gro Qua Mom Sta Cap P/S3.95 P/E Fwd P/E8.50 PEG0.54 52W –  RSI Target$256.36 (+28.7%) Beta1.73 Div
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RSI (14)
Pattern Overlays
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Solar Phoenix, United States 7,900 employees
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.
52-Week Range
52W Low 52W High
Position in Range
RSI (14)
0 · Oversold RSI 31 Overbought · 100
Signal Neutral
EMA Price Levels
Volume Analysis
Momentum Dashboard
Trend Strength
Detected Patterns
1Bullish
1Bearish
0Neutral
▲ Double Bottom — Two lows ~$184.06 — bullish reversal confirmed
▼ Bear Flag — Breakdown after -19% pole — bearish continuation

View overlays on the price chart via Chart tab → Pattern Overlays.

Next Earnings Jul 30, 2026
Beat Rate 38%
Consensus BUY
Analyst Upside +28.7%
EPS — History & Forecast
Estimate Beat Miss Forecast
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Revenue — History & Forecast
Revenue Forecast
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EPS Beat Rate
38% 3/8 quarters
Wall Street Consensus
BUY
22
12
2
BuyHoldSell
Price Target Range
$256.36 +28.7% upside
Low $150 High $330
Consensus Current price
Wall Street Analyst Ratings
FirmRatingChangeActionDate
Roth Capital Buy ↔ Reiterate 2026-07-24
Barclays Overweight ↔ Maintain 2026-07-14
Truist Securities Hold Buy Hold ● Initiate 2026-07-14
Susquehanna Positive ↔ Maintain 2026-07-10
Morgan Stanley Overweight ↔ Maintain 2026-07-09
Deutsche Bank Buy Hold Buy ▲ Upgrade 2026-07-07
Wells Fargo Overweight ↔ Maintain 2026-07-06
Bernstein Underperform ● Initiate 2026-06-17
Mizuho Outperform ↔ Maintain 2026-06-15
UBS Buy ↔ Maintain 2026-06-11
GLJ Research Buy Hold Buy ▲ Upgrade 2026-05-28
Freedom Broker Buy Hold Buy ▲ Upgrade 2026-05-05
Evercore ISI Group In-Line ↔ Maintain 2026-05-04
Citigroup Buy ↔ Maintain 2026-04-21
Jefferies Hold ↔ Maintain 2026-04-07
Guggenheim Buy ↔ Maintain 2026-03-17
HSBC Hold Buy Hold ▼ Downgrade 2026-02-25
RBC Capital Outperform ↔ Maintain 2026-02-25
Baird Neutral Outperform Neutral ▼ Downgrade 2026-02-25
B of A Securities Buy ↔ Maintain 2026-01-22
TD Cowen Buy ↔ Maintain 2025-10-31
JP Morgan Overweight ↔ Maintain 2025-10-31
Keybanc Underweight ↔ Maintain 2025-10-31
Roth Capital 2026-07-24
Buy ↔ Reiterate
Barclays 2026-07-14
Overweight ↔ Maintain
Truist Securities 2026-07-14
Hold (from Buy) ● Initiate
Susquehanna 2026-07-10
Positive ↔ Maintain
Morgan Stanley 2026-07-09
Overweight ↔ Maintain
Deutsche Bank 2026-07-07
Buy (from Hold) ▲ Upgrade
Wells Fargo 2026-07-06
Overweight ↔ Maintain
Bernstein 2026-06-17
Underperform ● Initiate
Mizuho 2026-06-15
Outperform ↔ Maintain
UBS 2026-06-11
Buy ↔ Maintain
GLJ Research 2026-05-28
Buy (from Hold) ▲ Upgrade
Freedom Broker 2026-05-05
Buy (from Hold) ▲ Upgrade
Evercore ISI Group 2026-05-04
In-Line ↔ Maintain
Citigroup 2026-04-21
Buy ↔ Maintain
Jefferies 2026-04-07
Hold ↔ Maintain
Guggenheim 2026-03-17
Buy ↔ Maintain
HSBC 2026-02-25
Hold (from Buy) ▼ Downgrade
RBC Capital 2026-02-25
Outperform ↔ Maintain
Baird 2026-02-25
Neutral (from Outperform) ▼ Downgrade
B of A Securities 2026-01-22
Buy ↔ Maintain
TD Cowen 2025-10-31
Buy ↔ Maintain
JP Morgan 2025-10-31
Overweight ↔ Maintain
Keybanc 2025-10-31
Underweight ↔ Maintain
Profitability
Gross Margin 41.74%TTM
Op. Margin 33.07%TTM
ROE 18.44%TTM
Rev. Growth 23.60%YoY
Free Cash Flow 1.15BTTM
FCF Yield TTM
Balance Sheet
Debt / Equity 5.94MRQ
Current Ratio 2.56MRQ
Cash 2.43BMRQ
Total Debt 587.12MMRQ
Net Debt MRQ
How FSLR Makes Its Money
Cash Flow Breakdown
Quarterly Metrics
QuarterRevenueRev YoYGross Profit Op. IncomeNet IncomeNet YoY Gross %Op %Net %
Full Key Statistics
Valuation
Market Cap21.41B
Enterprise Value19.57B
Trailing P/E13.09
Forward P/E8.50
PEG Ratio (5yr)0.54
Price/Sales (ttm)3.95
Price/Book (mrq)2.17
EV/Revenue3.61
EV/EBITDA8.61
Share Statistics
Avg Vol (3m)2.45M
Shares Outstanding107.45M
Float101.61M
% Held by Insiders5.40%
% Held by Institutions98.02%
Short Ratio5.28
Short % of Float12.04%
Profitability
Gross Margin41.74%
Operating Margin (ttm)33.07%
Profit Margin30.73%
Return on Assets (ttm)8.45%
Return on Equity (ttm)18.44%
Income Statement
Revenue (ttm)5.42B
Revenue Growth (yoy)23.60%
Gross Profit (ttm)2.26B
EBITDA2.27B
Net Income (ttm)1.67B
Diluted EPS (ttm)15.22
EPS Growth (yoy)65.10%
Balance Sheet
Total Cash (mrq)2.43B
Total Debt (mrq)587.12M
Debt / Equity (mrq)5.94
Current Ratio (mrq)2.56
Book Value / Share91.93
Operating CF (ttm)2.45B
Free Cash Flow (ttm)1.15B
Trading & Dividends
Beta (5Y)1.73
50-Day MA246.62
200-Day MA234.58
Fwd Dividend YieldN/A
Payout Ratio0.00%
Ownership Breakdown
Institutional 98.02% Insider 5.40%
Short Interest 12.04% of float
High
Institutional 13F Holdings

Famous investors who disclosed a position in FSLR in their latest SEC 13F filing.

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Insider Transactions
DateInsiderRoleTransactionSharesValue
2026-06-30 STEBBINS PAUL H Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 MORGAN CURTIS A Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 GEORGE ANITA M Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 WRIGHT NORMAN L Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 RENDUCHINTALA VENKATA S M Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 AHEARN MICHAEL J Director Stock Award(Grant) at price 0.00 per share. 313
2026-06-30 KRO LISA A Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 POST WILLIAM J. Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-30 SWEENEY MICHAEL T Director Stock Award(Grant) at price 0.00 per share. 223
2026-06-02 BUEHLER PATRICK JAMES Officer Sale at price 302.00 per share. 3,000 $906,000
2026-05-28 STOCKDALE CAROLINE Officer Sale at price 275.60 per share. 10,628 $2,929,077
2026-05-26 WIDMAR MARK R Chief Executive Officer Sale at price 250.02 - 276.29 per share. 7,172 $1,899,802
2026-05-21 VERMA KUNTAL KUMAR Officer Sale at price 250.00 per share. 582 $145,500
2026-05-21 WIDMAR MARK R Chief Executive Officer Sale at price 240.10 - 256.96 per share. 4,815 $1,191,378
2026-05-13 VERMA KUNTAL KUMAR Officer Sale at price 225.00 - 240.00 per share. 3,671 $849,560
2026-05-13 WIDMAR MARK R Chief Executive Officer Sale at price 230.18 - 240.02 per share. 11,226 $2,626,914
2026-05-06 VERMA KUNTAL KUMAR Officer Sale at price 218.16 per share. 270 $58,903
2026-05-06 THEURER NATHAN B Officer Sale at price 218.16 per share. 31 $6,763
2026-05-06 DYMBORT JASON E General Counsel Sale at price 218.16 per share. 228 $49,740
2026-05-05 VERMA KUNTAL KUMAR Officer Sale at price 215.63 per share. 479 $103,287
2026-05-05 THEURER NATHAN B Officer Sale at price 215.63 per share. 13 $2,803
2026-05-05 SLOAN SAMANTHA L. Officer Sale at price 215.63 per share. 19 $4,097
2026-05-05 DYMBORT JASON E General Counsel Sale at price 215.63 per share. 409 $88,193
2026-05-05 GLOECKLER MARKUS Chief Technology Officer Sale at price 215.63 per share. 420 $90,565
2026-05-05 BUEHLER PATRICK JAMES Officer Sale at price 215.63 per share. 235 $50,673
STEBBINS PAUL H Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
MORGAN CURTIS A Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
GEORGE ANITA M Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
WRIGHT NORMAN L Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
RENDUCHINTALA VENKATA S M Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
AHEARN MICHAEL J Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 313 sh
KRO LISA A Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
POST WILLIAM J. Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
SWEENEY MICHAEL T Director
Stock Award(Grant) at price 0.00 per share.
2026-06-30 223 sh
BUEHLER PATRICK JAMES Officer
Sale at price 302.00 per share.
2026-06-02 3,000 sh $906,000
STOCKDALE CAROLINE Officer
Sale at price 275.60 per share.
2026-05-28 10,628 sh $2,929,077
WIDMAR MARK R Chief Executive Officer
Sale at price 250.02 - 276.29 per share.
2026-05-26 7,172 sh $1,899,802
VERMA KUNTAL KUMAR Officer
Sale at price 250.00 per share.
2026-05-21 582 sh $145,500
WIDMAR MARK R Chief Executive Officer
Sale at price 240.10 - 256.96 per share.
2026-05-21 4,815 sh $1,191,378
VERMA KUNTAL KUMAR Officer
Sale at price 225.00 - 240.00 per share.
2026-05-13 3,671 sh $849,560
WIDMAR MARK R Chief Executive Officer
Sale at price 230.18 - 240.02 per share.
2026-05-13 11,226 sh $2,626,914
VERMA KUNTAL KUMAR Officer
Sale at price 218.16 per share.
2026-05-06 270 sh $58,903
THEURER NATHAN B Officer
Sale at price 218.16 per share.
2026-05-06 31 sh $6,763
DYMBORT JASON E General Counsel
Sale at price 218.16 per share.
2026-05-06 228 sh $49,740
VERMA KUNTAL KUMAR Officer
Sale at price 215.63 per share.
2026-05-05 479 sh $103,287
THEURER NATHAN B Officer
Sale at price 215.63 per share.
2026-05-05 13 sh $2,803
SLOAN SAMANTHA L. Officer
Sale at price 215.63 per share.
2026-05-05 19 sh $4,097
DYMBORT JASON E General Counsel
Sale at price 215.63 per share.
2026-05-05 409 sh $88,193
GLOECKLER MARKUS Chief Technology Officer
Sale at price 215.63 per share.
2026-05-05 420 sh $90,565
BUEHLER PATRICK JAMES Officer
Sale at price 215.63 per share.
2026-05-05 235 sh $50,673