F

    First Solar Inc (FSLR)

    Official site

    TECHNOLOGY • SOLAR • NASDAQ

    $201.90
    -2.56 (-1.25%)

    Market Cap: $21.97B

    Last updated: Sep 01, 2026 at 10:00 AM ET

    Earnings

    Performance (10Y)

    Beat Rate
    57%(23/40)
    Avg Surprise
    -101.17%
    Streak
    2 Q

    Upcoming Estimates

    Sep 30, 2026
    EPS Consensus$4.66
    Range$3.78 - $5.47
    21 analysts
    EPS Revisions
    2
    0
    7d
    2
    15
    30d
    EPS Estimate Drift
    90d ago$5.16+10.9%
    60d ago$5.16+10.9%
    30d ago$5.19+11.5%
    7d ago$4.68+0.5%
    Current$4.66
    Revenue Consensus
    $1.3B
    Range$1.2B - $1.6B
    22 analysts
    Dec 31, 2026
    EPS Consensus$7.03
    Range$5.56 - $9.81
    30 analysts
    Revenue Consensus
    $1.6B
    Range$1.3B - $2.0B
    30 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$7.03---
    Sep 26EST
    		-$4.66---
    Jun 26
    		$3.92$2.74+43.07%Beat+23.3%
    Mar 26
    		$3.22$2.96+8.78%Beat+65.1%
    Dec 25
    		$4.84$5.15-6.02%Miss+32.6%
    Sep 25
    		$4.24$4.29-1.17%Miss+45.7%
    Jun 25
    		$3.18$2.68+18.66%Beat-2.2%
    Mar 25
    		$1.95$2.47-21.05%Miss-11.4%
    Dec 24
    		$3.65$4.69-22.11%Miss+12.3%
    Sep 24
    		$2.91$3.15-7.62%Miss+16.4%
    Jun 24
    		$3.25$2.66+22.18%Beat+72.0%
    Mar 24
    		$2.20$1.99+10.55%Beat+450.0%
    Dec 23
    		$3.25$3.13+3.83%Beat+4742.9%
    Sep 23
    		$2.50$2.04+22.55%Beat+643.5%
    Jun 23
    		$1.89$0.96+96.88%Beat+572.5%
    Mar 23
    		$0.40N/A-57.89%Miss+197.6%
    Dec 22
    		$-0.07N/A+56.25%Beat-105.7%
    Sep 22
    		$-0.46$-0.18-155.56%Miss-204.5%
    Jun 22
    		$-0.40$-0.11-263.64%Miss-151.3%
    Mar 22
    		$-0.41$-0.43+4.65%Beat-150.6%
    Dec 21
    		$1.23$1.06+16.04%Beat+13.9%
    Sep 21
    		$0.44$0.60-26.67%Miss-69.7%
    Jun 21
    		$0.78$0.56+39.29%Beat+122.9%
    Mar 21
    		$0.81$0.83-2.41%Miss-4.7%
    Dec 20
    		$1.08$1.24-12.90%Miss-46.3%
    Sep 20
    		$1.45$0.62+133.87%Beat+400.0%
    Jun 20
    		$0.35$0.28+25.00%Beat+294.4%
    Mar 20
    		$0.85$0.29+193.10%Beat+232.8%
    Dec 19
    		$2.01$2.91-30.93%Miss+310.2%
    Sep 19
    		$0.29N/A-73.87%Miss-46.3%
    Jun 19
    		$-0.18$0.01-1900.00%Miss+60.9%
    Mar 19
    		$-0.64$-0.12-433.33%Miss-182.1%
    Dec 18
    		$0.49$0.64-23.44%Miss+296.0%
    Sep 18
    		$0.54$0.40+35.00%Beat-72.3%
    Jun 18
    		$-0.46$-0.01-4500.00%Miss-171.9%
    Mar 18
    		$0.78$-0.13+700.00%Beat+212.0%
    Dec 17
    		$-0.25$-0.31+19.35%Beat-120.2%
    Sep 17
    		$1.95$0.84+132.14%Beat+30.9%
    Jun 17
    		$0.64$0.04+1500.00%Beat-
    Mar 17
    		$0.25$-0.14+278.57%Beat-
    Dec 16
    		$1.24$0.97+27.84%Beat-
    Sep 16
    		$1.49$0.73+104.11%Beat-

    Key Metrics

    Valuation
    P/E Ratio12.45EV/EBITDA8.62x
    Price/FCF14.46xFCF Yield6.91%
    Profitability
    Profit Margin32.50%Operating Margin42.60%
    ROE18.50%ROIC16.20%
    Financial Health
    Debt/Equity0.00xInterest Coverage45.45x
    Current Ratio2.52xQuick Ratio2.00x
    Trading Statistics
    Beta1.75Avg Volume2.48M
    52-Week High$320.9552-Week Low$182.99

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$210.83
    SMA 20$222.85
    SMA 50$222.96
    SMA 200$231.68
    EMA 10$210.47
    EMA 20$215.63
    EMA 50$223.14
    EMA 200$222.92

    MACD

    Line: -5.83Signal: -3.83Hist: -2.00

    ADX

    ADX: 17.6+DI: 19.0-DI: 27.7

    Aroon & PSAR

    Aroon Up36.0
    Aroon Down4.0
    PSAR$223.87

    Bollinger Bands

    Upper Band$253.00
    Lower Band$192.70
    %B Position2706%(Upper)
    Band Width0.15

    RSI (14-Day)

    Neutral
    37.2

    Momentum Oscillators

    Stoch %K7.0
    Stoch %D6.5
    Williams %R-96.4
    ROC (10d)-7.3%
    Momentum-15.95
    CCI (20d)-113.1
    MFI (14d)20.9

    Volatility Measures

    ATR (14d)$10.06(5.0%)
    StdDev (20d)15.08
    Hist Vol43.3%(High)

    Volume Flow

    VWAP$202.50
    OBV58.3M
    AD Line12.5M
    CMF (20d)-0.320

    Volume Metrics

    Avg Vol (20d)2.4M
    Vol Ratio1.1x
    VWMA (20d)$227.80

    Pivot Points

    R3$218.76
    R2$214.95
    R1$209.71
    Pivot Point$205.90
    S1$200.66
    S2$196.85
    S3$191.61

    Advanced Oscillators

    TSI-15.08
    Ultimate Osc29.6
    KST-31.81

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.06B$1.04B$1.68B$1.59B$1.10B$844.57M$1.51B$887.67M$1.01B$794.11M$1.16B$801.09M
    Cost of Revenue$451.19M$558.11M$1.02B$984.11M$597.32M$500.17M$946.37M$442.36M$511.59M$448.11M$656.52M$424.92M
    Gross Profit$605.00M$486.13M$665.34M$610.75M$499.85M$344.40M$567.66M$445.31M$498.89M$346.00M$502.03M$376.18M
    Operating Expenses$154.62M$140.83M$117.42M$144.65M$138.24M$123.16M$110.89M$123.31M$126.38M$102.86M$104.25M$103.21M
    R&D$76.24M$66.94M$65.95M$60.59M$54.49M$52.39M$46.50M$50.20M$51.94M$42.74M$43.86M$41.19M
    SG&A$51.95M$65.33M$50.68M$47.32M$52.59M$53.16M$49.58M$46.29M$46.56M$45.83M$57.09M$50.17M
    Operating Income$450.39M$345.30M$547.92M$466.10M$361.61M$221.24M$456.77M$322.00M$372.51M$243.14M$397.78M$272.96M
    Interest Income$29.92M$28.86M$27.49M$23.31M$12.10M$18.86M$14.67M$22.58M$24.60M$27.25M$23.57M$23.25M
    Interest Expense$5.56M$7.62M$11.30M$14.12M$9.18M$9.53M$10.89M$9.01M$9.77M$9.21M$7.07M$3.73M
    Income Before Tax$459.38M$354.33M$551.34M$460.35M$352.17M$217.06M$446.35M$327.34M$377.13M$255.52M$376.68M$290.46M
    Income Tax Expense$36.81M$7.71M$30.46M$4.40M$10.30M$7.52M$53.23M$14.39M$27.77M$18.90M$27.44M$22.07M
    Net Income$422.57M$346.62M$520.88M$455.94M$341.87M$209.53M$393.12M$312.96M$349.36M$236.62M$349.24M$268.40M
    EBITDA$582.87M$480.48M$675.78M$589.22M$472.66M$332.56M$566.99M$424.93M$459.63M$328.07M$449.88M$348.69M
    EBIT$435.02M$333.09M$535.15M$451.16M$349.25M$207.72M$442.57M$313.77M$362.30M$237.48M$360.18M$270.94M
    * Some calculated fields are derived from available data when not provided by source

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    News

    First Solar, Inc. $FSLR Shares Acquired by Cookson Peirce & Co. Inc.

    Cookson Peirce & Co. Inc. significantly increased its stake in First Solar, Inc. (NASDAQ:FSLR) by 440.6% during the second quarter, bringing its total holdings to 10,764 shares valued at $2.54 million. Other institutional investors have also adjusted their positions in the company, which is currently rated a "Moderate Buy" by analysts with a consensus price target of $266.27. Recent insider trading activity shows CTO Markus Gloeckler and General Counsel Jason E. Dymbort selling shares, while the company's Q2 earnings beat analyst estimates but revenue saw a slight year-over-year decline.

    MarketBeat•8/30/26•
    Somewhat-Bullish

    Tougher U.S. Solar Rules And Incentives Might Change The Case For Investing In First Solar (FSLR)

    First Solar has recently benefited from strengthened U.S. policy incentives and tighter restrictions on foreign entities, enhancing demand for domestically produced solar modules. This policy shift has improved First Solar's competitive position and could lead to stronger long-term contract terms and pricing power. While the company's 2026 guidance remains strong, the sustainability of its volumes and margins hinges on the continued support of this policy backdrop.

    Simply Wall Street•8/30/26•
    Somewhat-Bullish

    649,113 Shares in First Solar, Inc. $FSLR Purchased by Legal & General Group Plc

    Legal & General Group Plc has acquired a new stake of 649,113 shares in First Solar, Inc. (NASDAQ:FSLR), valued at approximately $153.17 million. This purchase makes Legal & General Group Plc the owner of about 0.60% of First Solar's stock. The article also highlights other institutional investments in First Solar and recent analyst ratings and price targets, indicating a generally positive outlook despite some caution.

    MarketBeat•8/28/26•
    Bullish

    6,072 Shares in First Solar, Inc. $FSLR Bought by Formula Growth Ltd.

    Formula Growth Ltd. has acquired a new stake of 6,072 shares in First Solar, Inc. (NASDAQ:FSLR) valued at approximately $1.43 million during the second quarter. This purchase, alongside other institutional investor activities, indicates significant institutional interest in the solar cell manufacturer. First Solar's stock performance and recent earnings report show a beat on EPS estimates, contributing to a "Moderate Buy" consensus rating from analysts, despite some mixed sentiment and insider selling activities.

    MarketBeat•8/28/26•
    Somewhat-Bullish

    First Solar raised at BMO as post-Section 232 selloff looks overdone (FSLR:NASDAQ)

    BMO Capital upgraded First Solar (FSLR) to Outperform from Market Perform, increasing its price target to $263 from $237. The upgrade follows a ~16% selloff in First Solar's stock after Section 232, which BMO believes was an overreaction to the downside. The company's stock rose 1.7% in Thursday's trading following the news.

    Seeking Alpha•8/27/26•
    Bullish

    Frequently Asked Questions About FSLR

    Does FSLR pay dividends?
    First Solar Inc (FSLR) does not currently pay a regular dividend.
    What is FSLR's P/E ratio?
    First Solar Inc has a price-to-earnings (P/E) ratio of 12.45.
    What is FSLR's market cap?
    First Solar Inc (FSLR) has a market capitalization of $21.97B with a current stock price of $201.90.

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