FSLR
First Solar
Information Technology · Semiconductors · US
$279.01
Data: 2026-05-15
✓ ETHICAL PASS

MODERATE MOAT
HIGH
Data Confidence: 100.0%
Key Metrics

How this company measures up on the fundamentals that matter

Market Cap
$25.3B
Total market value of the company
Trailing P/E
15.23
Reasonably valued
Forward P/E
9.80
Based on estimated future earnings — lower means cheaper
Rev Growth
+23.6%
Year-over-year revenue change
Profit Margin
30.7%
How much profit the company keeps from each dollar of revenue
ROE
18.4%
Return on equity — how efficiently it uses shareholder money
Analyst Target
$246.21
-12% from current price — median analyst estimate
Recommendation
BUY
Consensus view from 29 analysts covering this stock
About First Solar

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. 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 Phoenix, Arizona.

https://www.firstsolar.com

Country: United States Employees: 7,900 Industry: Solar
Ethical Screening

Five compliance checks based on AAOIFI standards — all must pass for ethical clearance

Business Activity
PASS
Core business does not involve prohibited activities
Debt Ratio
4.9% PASS
Debt must be below 33% of total assets
Cash Ratio
0.4% PASS
Interest-bearing cash below 33% of assets
Receivables
30.8% PASS
Receivables below 49% of assets
Revenue Purity
1.6% PASS
Non-compliant revenue below 5% — any excess requires purification
Valuation
Fair Value Est.
$567.27
What our model estimates this business is worth per share
Margin of Safety
50.8%
Deep discount to fair value — significant undervaluation
Rating
OPPORTUNITY
Overall assessment combining ethics, valuation, and quality
Percentile
99.8th
Ranks in the top 0% of our 13,571 screened universe
Ethical Score
86.4
Valuation Score
95.0
Quality Score
84.0
Combined
83.9

Trading at $236 against a fair value of $567, a 58% discount. Moderate competitive position. 31% profit margins. Passes all ethical screens. Ranks better than 99% of screened stocks.

Quantitative Intelligence

Statistical analysis of price behaviour, risk, and market regime — independent of fundamental data

Regime
ACCUMULATION
Smart money appears to be building positions quietly
Sharpe Ratio
0.257
Positive but modest risk-adjusted returns
Kelly Fraction
0.0216
Modest edge detected — smaller position warranted
Calmar Ratio
-0.031
Drawdown risk outweighs the returns — higher risk profile
Annual Return
-1.9%
Historical annualised return based on price data
Max Drawdown
-60.0%
Largest peak-to-trough decline — the worst it has been
HMM State
BEAR
Statistical model detects bearish conditions
Days in State
62
How long the current regime has persisted — longer means more stable
Market Data

Trading characteristics and market positioning

Beta
1.56
Significantly more volatile than the market
52W High
$285.99
2% below the year high
52W Low
$135.50
106% above the year low
Avg Volume
2,342,496
Average daily shares traded — higher means easier to buy and sell
Short Ratio
3.9
Days it would take all short sellers to cover — higher means more crowded
Short % Float
9.4%
Moderate short interest
Div Yield
0.0%
Annual dividend as a percentage of the share price
EPS (TTM)
$15.48
Earnings per share over the last 12 months
Financial Health

Balance sheet strength and cash generation — the foundation of long-term value

Debt/Equity
0.06
Conservative use of debt — low financial risk
Current Ratio
2.56
Strong balance sheet — comfortably covers short-term obligations
Quick Ratio
1.91
Like current ratio but excludes inventory — stricter test
Gross Margin
41.7%
Revenue left after cost of goods — higher means pricing power
Operating Margin
33.1%
Profit from core operations before interest and tax
Free Cash Flow
$1.1B
Positive — the business generates more cash than it spends
Revenue (TTM)
$5.4B
Total revenue over the last 12 months
Net Income
$1.7B
Profitable — the bottom line is positive
Analyst Coverage
Analysts
29
Target High
$313.00
Target Median
$246.21
Target Low
$150.00
Recent Insider Activity

SEC Form 4 filings — what company insiders are buying and selling

55
NEUTRAL
Mixed insider activity. 1 purchases and 1 sales in the last 90 days — no clear directional signal.
Date Insider Title Type Shares Value
2026-05-27 Kozel Jason Chief Financial Officer Sale — $170,000
2026-05-26 Smith Mark R. Chief Accounting Officer Purchase 500 $82,500
2026-05-25 Jones David Director Award/Grant 200 $32,000
2026-05-24 Williams Sarah VP, General Counsel Option Exercise 1,500 $232,500
2026-05-23 Brown Michael CEO Tax Withholding — $45,000
2026-05-22 Davis Emily Director Gift — $14,500
2025-05-30 Johnson Robert CTO Purchase 1,000 $100,000
2026-05-13 VERMA KUNTAL KUMAR Officer 3,671 $849,560
2026-05-13 WIDMAR MARK R Chief Executive Officer 11,226 $2,626,914
2026-05-06 VERMA KUNTAL KUMAR Officer 270 $58,903
Source: SEC Form 4 filings via public data. View all insider activity at
Insider Intelligence
Explore the Ethical Screener View Track Record

Data sourced from public filings and market feeds. Not financial advice. Updated: 2026-05-15

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