First Solar stock
FSLRNASDAQFirst Solar, Inc., EnergyISIN US3364331070
61Score 61 out of 100, Neutral
Price and trend
45 / 100
Price history
−36% in one yearThe chart shows daily closes over 20 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Below the 200-day line: the price is 19% below it.
Since August 2026 the 50-day line has been below the 200-day line; the trend has turned down.
Normal: the price is neither overheated nor sold off (RSI 50).
The price is 46% below its 52-week high. Largest decline in 20 years: 96% (May 2008 to June 2012).
Chart figures for advanced users
- SMA 50$185.28
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$213.42
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)50
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$168.15
- The lowest closing price of the last twelve months.
- Resistance$318.25
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- First Solar, Inc. belongs to the Solar industry (United States) and, with a market value of $18.52B, is the largest of 12 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $5.22B (up 24.1% year on year) and earnings of $1.53B (up 18.3%).
- For fiscal 2026, analysts expect on average revenue of $4.81B (down 7.8%) and adjusted earnings per share of $17.62 (up 24%).
Show more
- MEQIRI Score 61 out of 100 (Neutral): rank 125 of 266 in Energy, median 60.
- The P/E is 10 (Solar median 25.1, own median of recent years 21).
- Our model puts fair value at $123.32, with the price 44% above it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings per share growingUp 30.5% a year since 2020.Growth 78
- Modestly valuedP/E 10, Solar median 25.1, own median 21.Valuation 70
- High marginNet margin 37.1% over the last 12 months, Solar median 2.6%.Profitability 79
Weaknesses
- Margin may fall backOperating margin 30.6%, average of the prior years 20.1%, which ranged from −1% to 33.2%. After peaks like this, the margin was more than a quarter lower two years later in 44 of 100 cases, against 24 of 100 for other companies with high margins.
- Volatile share priceVolatility 53% a year over the last 12 months.
- Share price fell sharplyDown 35% over the last 12 months.Momentum 19
Its standout strengths are stability and profitability, while technical analysis and momentum hold the score back.
Daily figure as of 12 Nov 2026
How the score is calculatedScore overview
Score since yesterday from 62 to 61.
Fundamental quality fluctuates.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk high
How well MEQIRI warnsOne of the 30% with the highest crash risk among stocks ranked 101 to 1,000.
From 2016 to 2025, 23 in 100 such stocks fell 30% or more within a year, against a group average of 15 in 100.
What drives the risk
- price far below its 52-week high
- high price swings
- weak fundamentals
What lowers it
- price not overheated over the past year
Valuation
Valuation signal
Modestly overvaluedClosing price of 11 Nov 2026, used by the daily score.
In our model the price counts as cheap below $88.09 and expensive above $205.54 (uncertainty high, based on the price swings of the past year).
Valuation metrics
From earnings times the industry P/E (25.1) alone; there are no viable cash flows for the cash-flow model.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue fell 0.7% on the twelve months before. Revenue has grown strongly since 2006, at around 21% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 41%, operating 31%, net 29%. Last 12 months: net 37%.
Debt & balance sheet
latest quarterThe balance sheet is solid, with low debt and comfortable interest coverage.
Earnings
- Next earnings
- 23 Feb 2027in 103 days
- Last reported
- 29 Oct 2026EPS reported $5.30 (expected $4.67)above expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $17.62+0.6%
- Revenue
- $4.81B−4.3%
- Earnings per share
- $23.09−1.1%
- Revenue
- $5.7B−3.3%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook confirmed
Share price after the results: +5.9%Outlook reaffirmed (adjusted EBITDA of $625 million to $775 million), net tariff impact now $60 million to $80 million; second phase of the plant now expected mid 2027.
“With that said, our guidance now assumes a net tariff impact of 60% $80 million, with updates including the previously mentioned net IEPA recovery and the assumption of Section 3 zero 1 tariffs in the second half of the year.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 30 Jul 2026 (fiscal Q2 2026), read by AI.
Insiders
Open-market purchases and sales by executives, board members and major holders
No open-market purchases in the last 6 months. 7 insiders sold, $10.58M in total.
Sales say less than purchases: many insiders sell on a fixed plan, for taxes or to diversify.
- Gloeckler MarkusSale
1 Oct 2026, Chief Technology Officer
- Shares
- 800
- Price
- $174.00
- Value
- $139,200
- Gloeckler MarkusSale
1 Sept 2026, Chief Technology Officer
- Shares
- 800
- Price
- $200.00
- Value
- $160,000
- Sloan Samantha L.Sale
17 Aug 2026, EVP, Corporate Affairs
- Shares
- 127
- Price
- $222.95
- Value
- $28,315
Show 11 more
- Dymbort Jason E.Sale
11 Aug 2026, General Counsel and Secretary
- Shares
- 3,700
- Price
- $249.38
- Value
- $922,706
- Gloeckler MarkusSale
4 Aug 2026, Chief Technology Officer
- Shares
- 829
- Price
- $248.00
- Value
- $205,592
- Gloeckler MarkusSale
3 Aug 2026, Chief Technology Officer
- Shares
- 3,425
- Price
- $218.95
- Value
- $749,903
- Koralewski MichaelSale
3 Aug 2026, Chief Supply Chain Officer
- Shares
- 7,000
- Price
- $221.51
- Value
- $1.55M
- Stockdale CarolineSale
28 May 2026, Chief People and Comm. Officer
- Shares
- 10,628
- Price
- $275.60
- Value
- $2.93M
- Widmar Mark RSale
26 May 2026, Chief Executive Officer
- Shares
- 5,195
- Price
- $268.98
- Value
- $1.4M
- Widmar Mark RSale
22 May 2026, Chief Executive Officer
- Shares
- 1,977
- Price
- $254.15
- Value
- $502,459
- Verma Kuntal KumarSale
21 May 2026, Chief Manufacturing Officer
- Shares
- 582
- Price
- $250.00
- Value
- $145,500
- Widmar Mark RSale
21 May 2026, Chief Executive Officer
- Shares
- 4,815
- Price
- $247.43
- Value
- $1.19M
- Widmar Mark RSale
13 May 2026, Chief Executive Officer
- Shares
- 1,300
- Price
- $240.02
- Value
- $312,026
- Verma Kuntal KumarSale
13 May 2026, Chief Manufacturing Officer
- Shares
- 1,455
- Price
- $240.00
- Value
- $349,200
Partial trades from one filing are shown in one row, with the average price.
Source: Form 4 filings with the US Securities and Exchange Commission. Grants, option exercises, gifts and tax withholdings are hidden. Not a recommendation to buy.
What happened at First Solar
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
266 rated companies in Energy
- This company
- 61
- Sector median
- 60
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Solar
The next smaller companies by market value
- NextpowerNXT $15.34B69
- Tongwei600438.SS $7.74B27
- Waaree EnergiesWAAREEENER.NS $7.68B67
- Enphase EnergyENPH $3.74B45
- SunrunRUN $2.19B43
- SMA Solar TechnologyS92.DE $1.86B36
- SolarEdge TechnologiesSEDG $1.65B26
- Shoals Technologies GroupSHLS $1.48B52
ETFs that hold First Solar
Held by 122 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| Invesco Solar Energy UCITS ETFS0LR | 9.55% | 0.69% | €138.27M |
| iShares Global Clean Energy Transition UCITS ETFIQQH | 9.14% | 0.65% | €2.49B |
| Amundi MSCI New Energy UCITS ETF DistLYM9 | 2.33% | 0.60% | €956.11M |
Show 5 more
| L&G Clean Energy UCITS ETFRENW | 1.65% | 0.49% | €622.43M |
| Invesco NASDAQ Next Generation 100 UCITS ETF AccEQQJ | 0.99% | 0.25% | €44.3M |
| Invesco Global Clean Energy UCITS ETF AccumUSDG1CE | 0.88% | 0.60% | €87.44M |
| State Street SPDR MSCI USA Value UCITS ETF USD AccZPRU | 0.73% | 0.20% | €294.97M |
| Amundi Global Gender Equality UCITS ETF AccVOOM | 0.72% | 0.20% | €55.72M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 12 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Aug 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.