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Upturn stock ratingUpturn stock rating
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First Solar Inc (FSLR)

Upturn stock ratingUpturn stock rating
$197.02
Last Close (24-hour delay)
Profit since last BUY2.83%
upturn advisory
Consider higher Upturn Star rating
BUY since 75 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

08/28/2025: FSLR (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

37 Analysts rated it

Highly popular stock, broad analyst coverage, trusted insights, strong investor interest.

1 Year Target Price $220.16

1 Year Target Price $220.16

Analysts Price Target For last 52 week
$220.16 Target price
52w Low $116.56
Current$197.02
52w High $262.72

Analysis of Past Performance

Type Stock
Historic Profit -2.32%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 21.13B USD
Price to earnings Ratio 16.84
1Y Target Price 220.16
Price to earnings Ratio 16.84
1Y Target Price 220.16
Volume (30-day avg) 37
Beta 1.48
52 Weeks Range 116.56 - 262.72
Updated Date 08/29/2025
52 Weeks Range 116.56 - 262.72
Updated Date 08/29/2025
Dividends yield (FY) -
Basic EPS (TTM) 11.7

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 28.95%
Operating Margin (TTM) 32.96%

Management Effectiveness

Return on Assets (TTM) 7.13%
Return on Equity (TTM) 15.92%

Valuation

Trailing PE 16.84
Forward PE 12.58
Enterprise Value 20422200300
Price to Sales(TTM) 4.86
Enterprise Value 20422200300
Price to Sales(TTM) 4.86
Enterprise Value to Revenue 4.7
Enterprise Value to EBITDA 10.93
Shares Outstanding 107248000
Shares Floating 101327581
Shares Outstanding 107248000
Shares Floating 101327581
Percent Insiders 5.53
Percent Institutions 106.33

ai summary icon Upturn AI SWOT

First Solar Inc

stock logo

Company Overview

overview logo History and Background

First Solar, Inc. was founded in 1999. It is a leading American manufacturer of solar panels, and a provider of utility-scale PV power plants and supporting services.

business area logo Core Business Areas

  • Manufacturing: First Solar manufactures thin-film solar panels using cadmium telluride (CdTe) technology. These panels are known for their efficiency and cost-effectiveness in certain environmental conditions.
  • Project Development: First Solar develops, constructs, and operates utility-scale solar power plants. They provide end-to-end solutions, from initial site selection to ongoing maintenance and operation.
  • Energy Solutions: Beyond panels and project development, First Solar also provides comprehensive energy solutions, including project financing, energy storage, and grid integration services.

leadership logo Leadership and Structure

Mark Widmar is the current CEO. The company operates with a functional organizational structure, with departments focusing on manufacturing, project development, sales, finance, and technology.

Top Products and Market Share

overview logo Key Offerings

  • CdTe Thin-Film Solar Panels: First Solar's primary product is its CdTe thin-film solar panels. Market share fluctuates but they hold a significant share in the thin-film market. Competitors include LONGi, Trina Solar and Jinko Solar. Revenue varies depending on panel sales volume and project completions.
  • Utility-Scale Solar Projects: First Solar develops and sells utility-scale solar power projects. Revenue comes from project sales and long-term power purchase agreements (PPAs). Competitors include other solar project developers and independent power producers.

Market Dynamics

industry overview logo Industry Overview

The solar industry is experiencing rapid growth, driven by increasing demand for renewable energy, government incentives, and decreasing costs. It is also highly competitive, with many players vying for market share.

Positioning

First Solar is a leading player in the solar industry, particularly known for its CdTe technology and utility-scale project development capabilities. They maintain a competitive advantage through technological innovation and cost optimization.

Total Addressable Market (TAM)

The global solar energy market is projected to reach hundreds of billions USD in the coming years. First Solar is positioned to capture a substantial portion of this TAM with its established presence and technology.

Upturn SWOT Analysis

Strengths

  • CdTe thin-film technology leadership
  • Vertically integrated business model
  • Strong balance sheet
  • Established relationships with utilities
  • Focus on sustainability

Weaknesses

  • Technology concentration (CdTe only)
  • Higher capital expenditures compared to some competitors
  • Geographic concentration in certain markets
  • Sensitivity to cadmium and telluride prices

Opportunities

  • Growing global demand for solar energy
  • Government incentives and subsidies for renewable energy
  • Expansion into new markets and applications
  • Technological advancements in CdTe technology
  • Energy Storage solutions alongside solar PV farms

Threats

  • Intense competition from other solar panel manufacturers
  • Fluctuations in raw material prices (cadmium and telluride)
  • Changes in government regulations and policies
  • Trade barriers and tariffs
  • Technological disruption from alternative solar technologies

Competitors and Market Share

competitor logo Key Competitors

  • SEDG
  • ENPH
  • RUN
  • NOVA

Competitive Landscape

First Solar's advantages include its CdTe technology, vertically integrated model, and strong balance sheet. Disadvantages include its technology concentration and higher capital expenditures.

Major Acquisitions

TetraSun

  • Year: 2013
  • Acquisition Price (USD millions): 80
  • Strategic Rationale: Acquisition of TetraSun to advance high-efficiency silicon solar cell technology.

Growth Trajectory and Initiatives

Historical Growth: First Solar's growth has been driven by increasing demand for solar energy and expansion into new markets.

Future Projections: Future growth projections are based on analyst estimates and company guidance.

Recent Initiatives: Recent initiatives include expanding manufacturing capacity, investing in R&D, and developing new energy solutions.

Summary

First Solar is a leading solar panel manufacturer with innovative CdTe technology and strong financial health. The company is positioned to benefit from the growing demand for solar energy. However, it faces competition and must navigate changing market dynamics and technological advancements. Focus on cost competitiveness is key to maintain market share.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • First Solar Investor Relations
  • SEC Filings
  • Industry Reports
  • Analyst Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly. Consult with a financial professional before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About First Solar Inc

Exchange NASDAQ
Headquaters Tempe, AZ, United States
IPO Launch date 2006-11-17
CEO & Director Mr. Mark R. Widmar
Sector Technology
Industry Solar
Full time employees 8100
Full time employees 8100

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.