Why did First Solar (FSLR) stock move recently?

On 8/4/2026, First Solar moved +4.7% — First Solar shares rose on positive analyst commentary, with Guggenheim maintaining its Buy rating and raising its price target to $282 from $279, alongside broader sector gains tied to pro-solar policy hopes ahead of a potential Section 232 tariff decision. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is First Solar (FSLR) overvalued or fairly valued?

MarketChacha shows First Solar's valuation in context — a trailing P/E of about 12.0, a forward P/E of about 7.4, a price-to-book of about 1.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does First Solar's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.06×) from reported figures — education, not a rating.

What is First Solar's revenue?

First Solar reported revenue of $5.2B for FY2025, with net profit of $1.5B, per official filings.

What is the share price of First Solar (FSLR)?

First Solar last traded at $174.43 (+1.5% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

First Solar

FSLR · NASDAQ · Technology · United States

Snapshot

TickerFSLR

ExchangeNASDAQ

SectorTechnology

IndustrySolar

CountryUnited States

Employees7,900

HeadquartersPhoenix, United States

Websitewww.firstsolar.com

Filings tracked14

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.

Who owns it

Insiders5.4%
Institutions94.6%
Public & other0.0%

1,536 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.13.06%
Vanguard Capital Management LLC6.36%
Vanguard Portfolio Management LLC5.25%
State Street Corporation5.19%
Capital World Investors3.83%
Geode Capital Management, LLC2.89%
Hill City Capital, Lp2.45%
Invesco Ltd.2.42%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.06×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend25.0% → 29.3%

Margin has expanded by about 4.2 points — the business is getting more profitable.

Return on equity16.0%

Latest ROE of 16.0% — capital is generating a healthy return.

Growth qualityrev 25% · PAT 36%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $1.6B · EPS 5.62

Est. earnings growth +16.1%

Next fiscal year

Rev $6.0B · EPS 23.46

Est. earnings growth +33.8%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$5.2B

Net margin

29.3%

ROE

16.0%

Revenue CAGR (2y)

+25.4%

Profit CAGR (2y)

+35.6%

EPS (FY2025)

14.21

Net profit (FY2025)

$1.5B

Ask MarketChacha about FSLR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 4, 2026
First Solar shares rose on positive analyst commentary, with Guggenheim maintaining its Buy rating and raising its price target to $282 from $279, alongside broader sector gains tied to pro-solar policy hopes ahead of a potential Section 232 tariff decision.
source 1 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about FSLR

US Market Brief — Aug 07, 2026 | Futures, movers & what to watchc/us-daily · 8/7/2026▲ 1

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$5.2B	$1.5B	14.21	29.3%	16.0%
FY2024	$4.2B	$1.3B	12.02	30.7%	16.2%
FY2023	$3.3B	$830.8M	7.74	25.0%	12.4%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$1.1B	$422.6M	3.92	40.0%
2026Q1	$1.0B	$346.6M	3.22	33.2%
2025Q3	$1.6B	$455.9M	4.24	28.6%
2025Q2	$1.1B	$341.9M	3.18	31.2%
2025Q1	$844.6M	$209.5M	1.95	24.8%
2024Q3	$887.7M	$313.0M	2.91	35.3%
2024Q2	$1.0B	$349.4M	3.25	34.6%
2024Q1	$794.1M	$236.6M	2.20	29.8%
2023Q3	$801.1M	$268.4M	2.50	33.5%
2023Q2	$810.7M	$170.6M	1.59	21.0%
2023Q1	$548.3M	$42.6M	0.40	7.8%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/30/2026material
10-Q filing
SEC7/30/2026
8-K — Shareholder vote results
SEC5/15/2026material
8-K — Results of operations, Exhibits
SEC4/30/2026material
10-Q filing
SEC4/30/2026
8-K — Results of operations, Exhibits
SEC2/24/2026material
10-K filing
SEC2/24/2026
8-K — Material agreement, Termination of agreement, Material financial obligation, Exhibits
SEC2/19/2026material

2025

8-K — Results of operations, Exhibits
SEC10/30/2025material
10-Q — FORM 10-Q
SEC10/30/2025
8-K — Other events
SEC10/21/2025material
8-K — Results of operations, Exhibits
SEC7/31/2025material
10-Q — FORM 10-Q
SEC7/31/2025
8-K — Other events
SEC7/30/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.