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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 Powerhouse | First Solar leads U.S. solar manufacturing with innovative CdTe technology, strong domestic capacity, and a robust 66.3 GW project backlog through 2030 |
Financial Forecast | Analysts project 27% revenue growth for FY2025, with EPS estimates reaching $25.92 by 2027. Price targets range from $100 to $222 |
Policy Tailwinds | Explore how the Inflation Reduction Act and FEOC restrictions bolster First Solar's competitive edge in the U.S. market, potentially boosting demand and margins |
Global Expansion | Delve into First Solar's international growth prospects, leveraging its technological advantages in emerging markets across Asia, Africa, and Latin America |
Metrics to compare | FSLR | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipFSLRPeersSector | |
---|---|---|---|---|
P/E Ratio | 19.3x | −7.5x | 12.1x | |
PEG Ratio | 4.28 | 0.01 | 0.01 | |
Price/Book | 2.8x | 2.8x | 2.4x | |
Price / LTM Sales | 5.6x | 2.8x | 2.4x | |
Upside (Analyst Target) | −1.1% | 25.8% | 16.7% | |
Fair Value Upside | Unlock | 13.0% | 3.8% | Unlock |