pretickt

Is FSLR a good stock to buy?

First Solar, Inc. · end-of-day data as of Nov 13, 2026

First Solar
FSLR · $18.42B
$171.39-0.5%
Nov 13, 2026 · close
$180$200$220SepOctNov9:3016:003 months -22.1%Nov 13 · close
▲ 5
  • PT$262.52 +53.2%
  • ConsensusBuy · 37
  • P/E vs own-28.9%
  • P/E vs sector-36.1%
  • Sector▲ -1.9%
Neutral
  • Earnings in102d
  • P/E9.9x
  • RSI41
  • Support-2.6%
  • Resistance+2.0%
  • Off 52w high-46.6%
  • Volume0.8x
  • Bollingerlower half
  • News0.00
  • FCF yield+1.3%
  • Trendsideways
  • 52w range$166–$321
  • ATR+5.9%
  • Off ATH-46.6%
  • MA20×50↑ in ~11d
▼ 3
  • Insiders-$328K
  • MAs0 of 4
  • MACD-0.65

Updates with the 15-min delayed price. Not a forecast or investment advice.

Is First Solar a good stock to buy?

First Solar is strong on 3 of the 5 questions about the business; weak on execution. The price is low: 9.9 times its earnings, below its 3-year median of 15.8 (Nov 13, 2026). pretickt does not say whether to buy or sell.

  1. Demand growing
  2. Advantage some edge
  3. Economics very profitable
  4. Execution misses
  5. Fragility sturdy
  6. Price below its usual
DemandDo people want more of what it sells?growing

FSLR sales growth revenue growth

+26%a year, for the last 3 years

First Solar's sales grew 26% a year for 3 years, to $5.22B in fiscal 2025.

FSLR analysts' forecast revenue estimates

-8%the sales they expect next fiscal year, on the last

Analysts expect First Solar's sales to fall 8% to $4.79B in fiscal 2026 (23 analysts).

FSLR peers

pretickt analysis-1%its sales in 12 months, on a year before

First Solar's sales fell 1% in the 12 months to Sep 30, 2026; Expand Energy's grew 26%, Texas Pacific Land's grew 25%, Nextpower's grew 14% and Enphase's fell 20%.

Advantage moatIs it hard to copy?some edge

FSLR return on capital ROIC

pretickt analysis20%earned before tax on the money invested in it

First Solar earned 20% before tax on the capital invested in it in the 12 months to Sep 30, 2026; Texas Pacific Land 51%, Nextpower 44%, Expand Energy 14% and Enphase 3%.

FSLR margin on each sale gross margin

49%left after making the product

First Solar kept 49% of each sale after making the product in the 12 months to Sep 30, 2026; its peers' median is 54%.

EconomicsDoes it make good money?very profitable

FSLR margin after costs profit margin

38%of sales left after running the business

First Solar's operating margin was 38% in the 12 months to Sep 30, 2026, against -1% in fiscal 2022.

FSLR cash generated free cash flow

$233Mcash left after investing, last 12 months

First Solar generated $233M of free cash flow in the 12 months to Sep 30, 2026, less than its reported profit.

FSLR profit per share

+18%in its last fiscal year

First Solar's earnings per share grew 18% in fiscal 2025, to $14.21.

ExecutionDoes it deliver what it promises?misses

FSLR earnings vs estimates

4 of 8quarters above the analysts' estimate

First Solar beat the analysts' profit estimate in 4 of its last 8 quarters, the latest on Oct 29, 2026.

FSLR insider selling

-$29.56Msold, net, by its executives in 12 months

First Solar's executives and directors sold a net $29.56M of shares in the 12 months to Nov 13, 2026; none bought.

FSLR number of employees

-2%fewer people in a year

First Solar had 7,900 employees at the end of fiscal 2025, 2% fewer than a year before.

FSLR CEO pay

$8.14Mfor fiscal 2025, 68% of it in stock and options

First Solar paid its CEO $8.14M for fiscal 2025, 68% of it in stock and options.

Fragility risksCould something break it?sturdy

FSLR financial health Altman Z-score

5.4Altman Z-score, safe above 3

First Solar's Altman Z-score is 5.4 (Nov 13, 2026), above 3, where the safe zone starts.

FSLR quality checks Piotroski score

6 of 9checks passed

First Solar passes 6 of the 9 Piotroski checks in the 12 months to Sep 30, 2026; it misses on cash against profit, new shares and sales for its assets.

FSLR biggest customers

21%of sales from its 2 biggest customers

Silicon Ranch Corporation and NextEra Energy made 21% of First Solar's sales in fiscal 2025.

FSLR in past recessions

pretickt analysis-11%its sales in the worst one

First Solar's sales fell in 1 of the last 2 US recessions, by as much as 11% in fiscal 2020.

Price valuationIs the price reasonable?below its usual

FSLR price vs profit P/E ratio

9.9×a year's earnings

First Solar's P/E ratio is 9.9 (Nov 13, 2026), below its 3-year median of 15.8.

FSLR price vs peers

pretickt analysis9.9×a year's earnings, against its peers

Investors pay 9.9 times First Solar's earnings (Nov 13, 2026), more than for Expand Energy (7.7), less than for Enphase (38.9), Texas Pacific Land (34.3) and Nextpower (23.9).

FSLR analysts' target price target

+53%to their average target

Analysts' average price target for First Solar is $263, 53% above the Nov 13, 2026 close of $171.39.

FSLR analyst ratings, 90 days

pretickt analysis
  • BMO Capitalupgrade
  • Keybancupgrade
  • Truist Securitiesupgrade
  • GLJ Researchdowngrade
  • William Blairupgrade
4 up, 1 downratings raised and cut

In the 90 days to Nov 13, 2026, BMO Capital, Keybanc, Truist Securities and William Blair upgraded First Solar; GLJ Research downgraded it.

FSLR growth priced in fair value

pretickt analysis+26%a year, for ten years, to be worth the price

At $171.39 a share, First Solar's free cash flow must grow about 26% a year for ten years to be worth the price (Nov 13, 2026).

What is First Solar's P/E ratio?

First Solar's P/E ratio is 9.9 (Nov 13, 2026), below its 3-year median of 15.8. Investors pay 9.9 times First Solar's earnings (Nov 13, 2026), more than for Expand Energy (7.7), less than for Enphase (38.9), Texas Pacific Land (34.3) and Nextpower (23.9).

Is First Solar profitable?

First Solar's operating margin was 38% in the 12 months to Sep 30, 2026, against -1% in fiscal 2022. First Solar generated $233M of free cash flow in the 12 months to Sep 30, 2026, less than its reported profit.

Are insiders selling First Solar stock?

First Solar's executives and directors sold a net $29.56M of shares in the 12 months to Nov 13, 2026; none bought.

How many employees does First Solar have?

First Solar had 7,900 employees at the end of fiscal 2025, 2% fewer than a year before.

Who are First Solar's biggest customers?

Silicon Ranch Corporation and NextEra Energy made 21% of First Solar's sales in fiscal 2025.

From the companies' statements (FMP), their filings read by pretickt, the analysts and the insiders, as of Nov 13, 2026. Each card says what a fact means for its question, never what to do with the stock: for information only, not investment advice.