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FSLR

BULLISH
$197.25 Live
First Solar, Inc. · NASDAQ
Target $250.3 (+26.9%)
$119.09 52W Range $285.99

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 10, 2026
Market cap
$21.19B
P/E
14.12
ROE
17.4%
Profit margin
29.3%
Debt/Equity
0.07
Dividend yield
N/A

AI Analysis

AI-powered fundamental assessment

Confidence
85%
FSLR exhibits exceptional financial health with a Piotroski F-Score of 8/9 and a negligible Debt/Equity ratio of 0.07. While the current price of $197.25 is slightly above the Graham Number ($167.15), it trades at a significant discount to its growth-based intrinsic value of $412.12. The valuation is highly attractive with a Forward P/E of 8.09 and a PEG ratio of 0.50, suggesting the market is underpricing its earnings growth. Despite bearish insider sentiment and technical trends, the fundamental core is robust and undervalued.

Key Strengths

Strong financial health indicated by a Piotroski F-Score of 8/9
Extremely low leverage with a Debt/Equity ratio of 0.07
High profitability with a 29.28% profit margin and 32.56% operating margin
Significant undervaluation relative to growth (PEG Ratio: 0.50)
Strong liquidity position with a Current Ratio of 2.67

Key Risks

Bearish insider activity with 11 sell transactions and 0 buys
Recent earnings inconsistency, beating only 1 of the last 4 quarterly estimates
Bearish technical trend (0/100 score) indicating short-term price pressure
High volatility in the solar sector and potential sensitivity to policy changes
Recent 6-month price decline of 15.8%
AI Fair Value Estimate
Based on comprehensive analysis
$285.0
+44.5% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
66
Strong
Value
90
Future
75
Past
70
Health
95
Dividend
0
AI Verdict
Strong Fundamental Value
Key drivers: Low Forward P/E, High Piotroski Score, Strong Margin Profile, Low Debt
Confidence
90%
Value
90/100

Ref P/E 14.12, PEG 0.50, Graham Number $167.15

Positives
  • Forward P/E of 8.09 is very low for the sector
  • PEG ratio of 0.50 indicates deep value relative to growth
Watchpoints
  • Trading slightly above the defensive Graham Number
Future
75/100

Ref Growth rates and Analyst Targets

Positives
  • Strong YoY earnings growth of 32.30%
  • Positive analyst target price of $250.30
Watchpoints
  • Recent trend of missing quarterly earnings estimates
Past
70/100

Ref Historical price performance

Positives
  • Impressive 5-year growth of 150.5%
Watchpoints
  • Negative 3-year change (-7.0%) and recent 6-month slide
Health
95/100

Ref Piotroski F-Score and Debt/Equity

Positives
  • Piotroski F-Score 8/9
  • Debt/Equity 0.07
  • Current Ratio 2.67
Watchpoints
  • Altman Z-Score data unavailable
Dividend
0/100

Ref Yield N/A, Payout 0%

Positives
No standout positives identified.
Watchpoints
  • No dividend payments

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$197.25
Analyst Target
$250.3
Upside/Downside
+26.9%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for FSLR and closest competitors.

Updated 2026-04-09
FSL
First Solar, Inc.
Primary
5Y
+150.5%
3Y
-7.0%
1Y
+52.2%
6M
-15.8%
1M
-0.3%
1W
+1.0%
ALA
Astera Labs, Inc.
Peer
5Y
+94.0%
3Y
+94.0%
1Y
+84.2%
6M
-47.6%
1M
-16.3%
1W
+0.9%
ZS
Zscaler, Inc.
Peer
5Y
-20.2%
3Y
+20.1%
1Y
-29.3%
6M
-53.2%
1M
-5.6%
1W
+0.6%
ENT
Entegris, Inc.
Peer
5Y
+8.8%
3Y
+72.1%
1Y
+106.9%
6M
+37.3%
1M
+10.4%
1W
+9.2%
ZM
Zoom Communications, Inc.
Peer
5Y
-75.4%
3Y
+8.9%
1Y
+9.0%
6M
-2.6%
1M
+10.6%
1W
+5.8%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
14.12
Forward P/E
8.09
PEG Ratio
0.5
P/B Ratio
2.22
P/S Ratio
4.06
EV/Revenue
3.63
EV/EBITDA
8.92
Market Cap
$21.19B

Profitability

Profit margins and return metrics

Profit Margin 29.28%
Operating Margin 32.56%
Gross Margin 40.62%
ROE 17.45%
ROA 7.84%

Growth

Revenue and earnings growth rates

Revenue Growth +11.1%
Earnings Growth +32.3%
Q/Q Revenue Growth +11.15%
Q/Q Earnings Growth +32.5%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.07
Low debt
Current Ratio
2.67
Strong
Quick Ratio
2.12
Excellent
Cash/Share
$26.61

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$1.7B
Gross Margin
39.5%
Op. Margin
32.6%
Net Margin
31.0%
Total Assets
$13.3B
Liabilities
$3.8B
Equity
$9.5B
Debt/Equity
0.40x
Operating CF
$1.2B
CapEx
$-0.2B
Free Cash Flow
$1.1B
FCF Yield
86%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-04-28
$N/A
2026-02-24
$4.84
-6.3% surprise
2025-10-30
$4.24
-1.1% surprise
2025-07-31
$3.18
+18.8% surprise

Technology Sector Comparison

Comparing FSLR against 220 companies in the Technology sector (20 bullish, 85 neutral, 115 bearish)
P/E Ratio
14.12
This Stock
vs
57.92
Sector Avg
-75.6% (Discount)
Return on Equity (ROE)
17.45%
This Stock
vs
-28.84%
Sector Avg
-160.5% (Below Avg)
Profit Margin
29.28%
This Stock
vs
-10.0%
Sector Avg
-392.8% (Weaker)
Debt to Equity
0.07
This Stock
vs
0.8
Sector Avg
-91.4% (Less Debt)
Revenue Growth
11.1%
This Stock
vs
11159.19%
Sector Avg
-99.9% (Slower)
Current Ratio
2.67
This Stock
vs
3.76
Sector Avg
-28.9% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

GEORGE ANITA M
Director
Stock Award
2026-03-31
267 shares
WRIGHT NORMAN L
Director
Stock Award
2026-03-31
267 shares
RENDUCHINTALA VENKATA S M
Director
Stock Award
2026-03-31
267 shares
SWEENEY MICHAEL T
Director
Stock Award
2026-03-31
267 shares
STEBBINS PAUL H
Director
Stock Award
2026-03-31
267 shares
POST WILLIAM J.
Director
Stock Award
2026-03-31
267 shares
AHEARN MICHAEL J
Director
Stock Award
2026-03-31
374 shares
KRO LISA A
Director
Stock Award
2026-03-31
267 shares
VERMA KUNTAL KUMAR
Officer
Sell
2026-03-17
572 shares · $114,629
THEURER NATHAN B
Officer
Sell
2026-03-17
131 shares · $26,183
DYMBORT JASON E
General Counsel
Sell
2026-03-17
9,380 shares · $1,872,858
BRADLEY ALEXANDER R.
Chief Financial Officer
Sell
2026-03-17
14,696 shares · $2,939,200
SLOAN SAMANTHA L.
Officer
Sell
2026-03-16
120 shares · $24,096
GLOECKLER MARKUS
Chief Technology Officer
Sell
2026-03-16
368 shares · $73,894
BUEHLER PATRICK JAMES
Officer
Sell
2026-03-16
180 shares · $36,144
Insider transactions can signal confidence or concerns about company prospects

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
BUY
30 analysts
Susquehanna
2026-04-09
Maintains
Positive Positive
Jefferies
2026-04-07
Maintains
Hold Hold
Guggenheim
2026-03-17
Maintains
Buy Buy
Evercore ISI Group
2026-03-05
Maintains
In-Line In-Line
GLJ Research
2026-03-04
down
Buy Hold
Barclays
2026-03-03
Maintains
Overweight Overweight
Morgan Stanley
2026-03-02
Maintains
Overweight Overweight
Wells Fargo
2026-02-26
Maintains
Overweight Overweight
Freedom Broker
2026-02-26
down
Buy Hold
Deutsche Bank
2026-02-26
down
Buy Hold

Past News Coverage

Recent headlines mentioning FSLR from our newsroom.

Newest → oldest
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