Companies /Technology

First Solar Inc

NASDAQ: FSLR Solar
$182.85
▲ $8.45 (+4.85%) today
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24/7 Wall St. View

FSLR at a Glance

Valuation
Market cap
$18.7B
P/E ratio
10.1
Profitability
Revenue (TTM)
$5.0B
Profit margin
37.1%
EPS (TTM)
$17.29
Price
52-week range
$166 – $321
24/7 target
$256.84
Street target
$274.24
Earnings
Q3 2026 EPS
$5.30
vs. $4.64 est.
+14.3%

Headquartered in Phoenix, AZ Fiscal year ends December NASDAQ: FSLR firstsolar.com

About First Solar

First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company and the only U.S.-headquartered company among the world's largest solar manufacturers.

It designs and produces thin film PV solar modules based on cadmium telluride (CdTe) semiconductor technology. These modules are an alternative to conventional crystalline silicon modules, primarily for utility-scale power generation. The modules are made in a fully integrated, continuous process that does not rely on Chinese crystalline silicon supply chains. Its technology is developed at R&D labs in California and Ohio, and the company is implementing technology improvements such as its Copper Replacement (CuRe) program.

First Solar sells modules to third parties under long-term contracts and held a contracted backlog of 44.0 GW as of September 30, 2026. It operates significant U.S. manufacturing capacity and is expanding it. The company benefits from Section 45X advanced manufacturing production tax credits under the Inflation Reduction Act, as amended by the One Big Beautiful Bill Act of 2025, and is exposed to U.S. trade policy including Section 232 actions, tariffs and IEEPA tariff refunds. It also operates a module collection and recycling program. Updated

Latest Activity

FSLRFirst Solar
Q3 2026
EPS
$5.30
est $4.64+14.3%
Revenue
$1.23B
est $1.29B-4.5%

First Solar cut its full-year volume outlook to 16.0 to 17.0 GW, so the EPS beat rested on cost of sales falling to $517.9 million rather than demand. A new $500 million buyback is the offset management is offering.

Quarterly EPS — reported vs estimate

FSLR Coverage

Frequently Asked Questions

What does First Solar do?

First Solar, Inc. is a photovoltaic (PV) solar technology and manufacturing company and the only U.S.-headquartered company among the world's largest solar manufacturers. It designs and produces thin film PV solar modules based on cadmium telluride (CdTe) semiconductor technology.

What is the FSLR stock price target?

24/7 Wall St.'s 12-month price target for FSLR is $256.84, rated Buy. The Wall Street consensus target is $274.24. FSLR price prediction →