FSLR
Technology · Solar
Performance
FSLR (FSLR) Stock Analysis 2026
Rule-based · Updated daily · Not financial advice
FSLR (FSLR) operates in the Solar space within the Technology sector. With a market cap of $28.9B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.
- Forward P/E (11.5×) is lower than trailing P/E (17.4×) — analysts expect earnings to improve
- Revenue grew 24% year-over-year — exceptional top-line expansion
- Earnings grew 65% YoY — bottom-line is expanding fast
- Exceptional profit margin of 30.7% — the business retains a large share of each dollar earned
- ROE of 18.4% shows management efficiently converts equity into profit
- Current ratio of 2.6× — ample short-term liquidity
- High debt-to-equity of 5.94× increases financial risk, especially with elevated interest rates
- No dividend history — total return depends entirely on price appreciation
- High beta of 1.69 — this stock is significantly more volatile than the broader market
Verdict
Strong Buy
Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.
AI Insight
Powered by ClaudeAI-generated analysis for informational purposes only. Not financial advice.
Related Articles
Revenue & Results
Dividends
This stock does not pay dividends.
If You Had Invested…
Hypothetical return based on historical prices
* Dividend reinvestment calculated at ex-date price. For informational purposes only.
Earnings
Next Earnings
Jul 30, 2026
44
days
EPS (TTM)
$15.48
P/E (TTM)
17.4
Fwd P/E
11.5
Earnings History
SEC EDGAR · official filings
SEC Filings
Official EDGAR documents
Key Statistics
Valuation
Trading
Dividends
Profitability
Balance Sheet
Fair Value Estimates
Current price: $268.76
Graham Number
√(22.5 × EPS × Book Value)
$178.94
Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.
Bazin Ceiling Price
Avg. Annual DPS (5Y) ÷ 6%
N/A
Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.
These are simplified estimates. Not financial advice.
Buy & Hold Checklist
Quality criteria for long-term holding
6/10
75% score
Pays dividends
No dividend history found
Dividend consistency (5Y+)
Uninterrupted dividend payments for at least 5 years
ROE above 10%
18.4%Return on equity — measures how efficiently capital is used
Positive profit margin
30.7%Net profit margin must be positive — company earns more than it spends
Revenue growth (annual)
+23.6%Annual revenue must be growing compared to the prior year
Earnings growth (annual)
+65.1%Annual earnings must be growing compared to the prior year
Debt/Equity below 2×
5.94×Low financial leverage reduces risk of distress
Current ratio above 1
2.56×Short-term assets must cover short-term liabilities
Daily liquidity above $5M
$663M/dayHigh trading volume ensures easy entry and exit
Dividend yield above 0%
Stock must distribute income to shareholders
Related Assets
Technology
About FSLR
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.