First Solar: Transferring Coverage; Shares Fairly Valued
We are transferring coverage of First Solar, which designs and manufactures solar photovoltaic panels, modules, and systems primarily for use in utility-scale projects.
First Solar Inc FSLR
Bulls Say, Bears Say
Bulls
First Solar’s balance sheet strength has enabled the company to persist through solar cycles when competitors have failed.
Bears
First Solar competes in the fiercely competitive and highly commoditized solar module industry.
News
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First Solar, Inc. to Announce Third Quarter 2026 Financial Results on October 29, 2026
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First Solar Files Patent Infringement Lawsuit Against JA Solar & American Panel Solutions
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First Solar Recalibrates TOPCon IP Enforcement Strategy Following Section 232 Action
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Renewable-energy mandates are actually bad for consumers. They're not great for solar stocks, either.
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CLASS ACTION DEADLINE TONIGHT: Faruqi & Faruqi, LLP Reminds First Solar (FSLR) Investors of Securities Class Action Lawsuit Deadline on August 24, 2026
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FSLR Investors Have Opportunity to Lead First Solar, Inc. Securities Fraud Lawsuit with SBS Law
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First Solar, Inc. Investor Alert: Contact SBS by August 24, 2026 for Opportunity to Lead Securities Fraud Lawsuit
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First Solar, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - FSLR
Articles & Videos
Trading Information
- Previous Close Price
- $179.08
- Day Range
- $175.58–180.99
- 52-Week Range
- $168.77–320.63
- Bid/Ask
- $177.59 / $178.27
- Shares Outstanding
- 107.47M
- Market Cap
- $19.00B
- Volume/Avg
- 509,533 / 2M
Key Statistics
- Price/Earnings (Normalized)
- 11.50
- Price/Sales
- 3.73
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Dividend Payment Schedule
- —
- Total Yield
- —
Company Profile
First Solar designs and manufactures solar photovoltaic panels, modules, and systems primarily for use in utility-scale projects. Its modules use cadmium telluride, rather than the crystalline silicon used by most of the industry to convert sunlight into electricity. The technology does not rely on Chinese crystalline silicon supply chains. Its primary manufacturing is in the US. It has additional factories in India, Malaysia, and Vietnam. Its primary markets are the US and India.
- Sector
- Technology
- Industry
- Solar
- Stock Style Box
- Mid Core
- Total Number of Employees
- 7,900
- Website
- https://www.firstsolar.com
Valuation
|
Metric
|
FSLR
|
|---|---|
Price/Earnings (Normalized) | 11.50 |
Price/Book Value | 1.94 |
Price/Sales | 3.73 |
Price/Cash Flow | 8.27 |
Price/Earnings
FSLR
Financial Strength
|
Metric
|
FSLR
|
|---|---|
Quick Ratio | 1.71 |
Current Ratio | 2.52 |
Interest Coverage | 45.45 |
Quick Ratio
FSLR
Profitability
|
Metric
|
FSLR
|
|---|---|
Return on Assets (Normalized) | 13.32% |
Return on Equity (Normalized) | 18.70% |
Return on Invested Capital (Normalized) | 16.77% |
Return on Assets
FSLR
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United States