First Solar Inc (FSLR)

NASDAQ
Currency in USD
189.24
-1.89(-0.99%)
Closed
After Hours
188.50-0.74(-0.39%)
FSLR Scorecard
Full Analysis
4 analysts have revised their earnings downwards for the upcoming period
Fair Value
Day's Range
186.97191.66
52 wk Range
135.88306.77
Key Statistics
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Prev. Close
191.13
Open
190.52
Day's Range
186.97-191.66
52 wk Range
135.88-306.77
Volume
1.41M
Average Volume (3m)
2.71M
1-Year Change
17.95%
Book Value / Share
70.94
Fair Value
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Fair Value Upside
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FSLR Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
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Price Target
267.54
Upside
+41.37%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low P/E ratio relative to near-term earnings growth
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First Solar Inc Company Profile

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company’s residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. 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 Tempe, Arizona.

Sector
Energy
Employees
5500

First Solar Inc SWOT Analysis


Thin-Film Pionee
First Solar leads in cadmium telluride solar technology, expanding capacity to 25GW by 2026 with new US facilities, setting it apart in the market
Financial Strength
Q2 2024 saw $1.01B revenue, $3.25 EPS, and 46.5% gross margin. 2024 guidance: $4.4-4.6B revenue, $13-14 EPS. Analysts project $7.76B revenue by 2028
Policy Tailwinds
Inflation Reduction Act boosts domestic manufacturing, but political uncertainty looms. Trade policies on imports could impact competitiveness
Analyst Outlook
Price targets range from $250 to $360. First Solar navigates technological innovation and market dynamics, with a strong US market position
Read full SWOT analysis

First Solar Inc Earnings Call Summary for Q3/2024

  • Record Q3 production of 3.8 GW; backlog at 73.3 GW through 2030; EPS at $2.91 despite $50M warranty charge
  • New $1.1B Alabama facility to boost U.S. capacity to 14 GW by 2026; CuRe production launch in Q4 2024
  • Revised 2024 guidance: net sales $4.1B-$4.25B; gross margin and operating income projections lowered
  • IP enforcement victories in China; 95% material recovery in recycling; focus on long-term customer relationships
  • Anticipate $0.7B revenue adjustments for 2026-2028 due to CuRe plan; increased customer requests for project delays
Last Updated: 2024/10/30, 23:26
Read Full Transcript

Compare FSLR to Peers and Sector

Metrics to compare
FSLR
Peers
Sector
Relationship
P/E Ratio
16.2x−0.4x11.4x
PEG Ratio
0.10−0.320.01
Price/Book
2.7x1.9x2.4x
Price / LTM Sales
5.3x2.7x2.1x
Upside (Analyst Target)
41.6%24.1%26.6%
Fair Value Upside
Unlock13.6%6.1%Unlock

Analyst Ratings

32 Buy
7 Hold
0 Sell
Ratings:
33 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 267.54

(+41.37% Upside)

FAQ

What Is the First Solar (FSLR) Stock Price Today?

The First Solar stock price today is 189.24

What Stock Exchange Does First Solar Trade On?

First Solar is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for First Solar?

The stock symbol for First Solar is "FSLR."

What Is the First Solar Market Cap?

As of today, First Solar market cap is 20.26B.

What is First Solar Earnings Per Share?

The First Solar EPS is 11.67.

What Is the Next First Solar Earnings Date?

First Solar will release its next earnings report on 19 Feb 2025.

From a Technical Analysis Perspective, Is FSLR a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.
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