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 a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also 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.
Solar Titan's Edge | First Solar leads Western solar manufacturing with proprietary CdTe and TOPCon technologies, positioning it for growth in the evolving renewable energy landscape |
Policy Powerplay | Explore how the Inflation Reduction Act and tariff dynamics shape First Solar's market position, presenting both opportunities and challenges for the company |
Financial Forecast | Analysts project revenue of $6.9 billion for FY 2026, with EPS estimates of $33.48, reflecting optimism amid near-term headwinds. Price targets range from $100 to $273 |
Global Expansion | Delve into First Solar's ambitious plans to reach 25 GW annual capacity by 2026, with strategic moves in India and potential growth in emerging markets worldwide |
Metrics to compare | FSLR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipFSLRPeersSector | |
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P/E Ratio | 15.7x | −0.5x | 11.9x | |
PEG Ratio | 3.50 | 0.00 | 0.01 | |
Price/Book | 2.3x | 1.6x | 2.4x | |
Price / LTM Sales | 4.6x | 1.9x | 2.2x | |
Upside (Analyst Target) | 16.4% | 47.7% | 20.2% | |
Fair Value Upside | Unlock | 30.2% | 5.9% | Unlock |