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FSLR

FSLR - First Solar Inc Stock Price, Fair Value and News

175.95USD-6.53 (-3.58%)Market Closed

Market Summary

FSLR
USD175.95-6.53
Market Closed
-3.58%

FSLR Alerts

  • 3 major insider sales recently.

FSLR Stock Price

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FSLR RSI Chart

FSLR Valuation

Market Cap

18.8B

Price/Earnings (Trailing)

22.63

Price/Sales (Trailing)

5.67

EV/EBITDA

14.29

Price/Free Cashflow

-23.96

FSLR Price/Sales (Trailing)

FSLR Profitability

EBT Margin

26.86%

Return on Equity

12.42%

Return on Assets

8.02%

Free Cashflow Yield

-4.17%

FSLR Fundamentals

FSLR Revenue

Revenue (TTM)

3.3B

Rev. Growth (Yr)

15.58%

Rev. Growth (Qtr)

44.62%

FSLR Earnings

Earnings (TTM)

830.8M

Earnings Growth (Yr)

4.7K%

Earnings Growth (Qtr)

30.12%

Breaking Down FSLR Revenue

Last 7 days

-1.8%

Last 30 days

19.4%

Last 90 days

18.0%

Trailing 12 Months

-15.6%

How does FSLR drawdown profile look like?

FSLR Financial Health

Current Ratio

3.55

Debt/Equity

0.07

Debt/Cashflow

1.3

FSLR Investor Care

Shares Dilution (1Y)

0.22%

Diluted EPS (TTM)

7.74

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.8B3.0B3.2B3.3B
20222.5B2.5B2.5B2.6B
20213.0B3.0B2.6B2.9B
20203.1B3.1B3.5B2.7B
20192.2B2.5B2.4B3.1B
20182.6B2.3B1.9B2.2B
20172.9B2.5B2.9B2.9B
20164.5B4.6B4.0B2.9B
20152.9B3.3B3.6B4.1B
20143.5B3.5B3.2B3.4B
20133.6B3.2B3.6B3.3B
20122.7B3.1B3.0B3.4B
20112.6B2.5B2.7B2.8B
20102.2B2.3B2.6B2.6B
20091.5B1.7B1.9B2.1B
20080751.4M998.9M1.2B
2007000504.0M

Tracking the Latest Insider Buys and Sells of First Solar Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 04, 2024
antoun georges
sold
-422,400
176
-2,400
chief commercial officer
Apr 04, 2024
gloeckler markus
sold
-338,975
175
-1,937
chief technology officer
Apr 01, 2024
antoun georges
sold
-407,328
169
-2,400
chief commercial officer
Mar 29, 2024
ahearn michael j
acquired
-
-
378
-
Mar 29, 2024
george anita m.
sold (taxes)
-13,504
168
-80.00
-
Mar 29, 2024
sweeney michael t
acquired
-
-
267
-
Mar 29, 2024
wright norman l.
acquired
-
-
267
-
Mar 29, 2024
george anita m.
acquired
-
-
267
-
Mar 29, 2024
kro lisa a
acquired
-
-
267
-
Mar 29, 2024
joseph molly
acquired
-
-
267
-

1–10 of 50

Which funds bought or sold FSLR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
CHANNEL WEALTH LLC
unchanged
-
-8,700
422,000
0.17%
Apr 12, 2024
ARMSTRONG ADVISORY GROUP, INC
unchanged
-
-
4,135
-%
Apr 12, 2024
Gilman Hill Asset Management, LLC
added
5.41
10,442
329,160
0.06%
Apr 12, 2024
DNB Asset Management AS
reduced
-22.44
-2,923,460
9,252,940
0.05%
Apr 12, 2024
DOLIVER ADVISORS, LP
added
3.21
9,826
885,525
0.25%
Apr 12, 2024
NORTHWEST INVESTMENT COUNSELORS, LLC
new
-
5,064
5,064
-%
Apr 12, 2024
BALDWIN BROTHERS LLC/MA
unchanged
-
-278
13,504
-%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
added
36.00
11,458
45,914
-%
Apr 12, 2024
FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC
unchanged
-
-5,000
218,000
0.02%
Apr 12, 2024
Guinness Atkinson Asset Management Inc
reduced
-2.03
-48,271
1,154,760
0.54%

1–10 of 48

Are Funds Buying or Selling FSLR?

Are funds buying FSLR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FSLR
No. of Funds

Unveiling First Solar Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.37%
12,151,757
SC 13G/A
Jan 26, 2024
ebrahimi farhad fred
5.10%
5,451,425
SC 13D
Jan 23, 2024
blackrock inc.
11.8%
12,566,291
SC 13G/A
Feb 06, 2023
wellington management group llp
3.76%
4,004,643
SC 13G/A
Jan 30, 2023
blackrock inc.
12.5%
13,347,707
SC 13G/A
Jan 10, 2023
vanguard group inc
10.85%
11,570,363
SC 13G/A
Sep 15, 2022
ebrahimi farhad fred
4.70%
5,007,198
SC 13D/A
Jun 28, 2022
ebrahimi farhad fred
5.32%
5,667,271
SC 13D/A
Feb 04, 2022
wellington management group llp
7.68%
8,164,162
SC 13G/A
Jan 28, 2022
blackrock inc.
12.8%
13,598,161
SC 13G/A

Recent SEC filings of First Solar Inc

View All Filings
Date Filed Form Type Document
Apr 05, 2024
4
Insider Trading
Apr 05, 2024
4
Insider Trading
Apr 04, 2024
144
Notice of Insider Sale Intent
Apr 04, 2024
144
Notice of Insider Sale Intent
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading
Apr 02, 2024
4
Insider Trading

Peers (Alternatives to First Solar Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
18.8B
3.3B
19.35% -15.57%
22.63
5.67
26.70% 1981.03%
15.3B
2.3B
4.37% -46.18%
34.78
6.66
-1.72% 10.46%
MID-CAP
3.5B
3.0B
-1.80% -79.88%
100.59
1.16
-4.30% -63.39%
2.3B
2.3B
7.89% -45.11%
-1.46
1.04
-2.65% -1025.44%
SMALL-CAP
1.8B
1.6B
3.41% -43.29%
13.37
1.16
-3.72% 2996.57%
1.4B
488.9M
-27.78% -62.06%
34.61
2.92
49.55% -68.23%
413.9M
1.8B
-16.61% -83.20%
-3.46
0.23
14.74% -307.59%
75.1M
69.3M
-23.70% -53.81%
-4
1.08
200.07% -35.41%
56.5M
127.0M
2.27% -84.27%
-1.12
0.45
3.20% 49.51%
1.7M
154.9M
- -97.50%
-0.03
0.01
10.63% -80.26%
455.3K
458.3K
-65.71% -65.71%
-0.03
0.99
-62.52% 13.59%

First Solar Inc News

Latest updates
Defense World17 hours ago
Yahoo Finance10 Apr 202409:50 pm
Yahoo Finance08 Apr 202401:00 pm
MarketWatch27 Feb 202408:00 am

First Solar Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue44.6%1,1598018115481,0026296213679075846298036099286425321,399547585532691
Gross Profit33.5%50237631011261.0021.00-23.2011.0024612517418516029313790.0033413877.000.0098.00
Operating Expenses7.1%11110314294.0010795.0077.0071.0073.0072.0062.0083.0010286.0087.0089.0045197.0086.0077.0087.00
  S&GA Expenses13.8%57.0050.0046.0044.0043.0046.0039.0037.0038.0043.0036.0052.0063.0050.0052.0059.0056.0054.0051.0045.0051.00
  R&D Expenses6.5%44.0041.0037.0031.0031.0029.0025.0027.0030.0025.0024.0020.0023.0023.0022.0026.0025.0025.0024.0022.0021.00
EBITDA Margin43.3%0.37*0.25*0.15*0.14*0.11*0.18*0.23*0.21*0.29*0.28*0.29*0.27*---------
Interest Expenses89.3%7.004.001.001.003.003.003.003.003.003.005.003.003.0011.003.007.003.005.009.0010.0011.00
Income Taxes24.4%27.0022.0018.00-6.891.00-12.5184.00-19.5036.001.0020.0046.00-66.4038.0010.00-89.21-30.8615.0012.00-1.39-4.42
Earnings Before Taxes29.7%37729018836.00-6.57-61.68140-62.7516746.0010325652.0019347.002.00-90.1946.00-6.71-68.8248.00
EBT Margin67.2%0.27*0.16*0.05*0.04*0.00*0.07*0.12*0.10*0.20*0.17*0.20*0.18*---------
Net Income30.1%34926817143.00-7.55-49.1756.00-43.2513145.0082.0021011615537.0091.00-59.4131.00-18.55-67.6052.00
Net Income Margin67.0%0.25*0.15*0.05*0.01*-0.02*0.04*0.08*0.09*0.16*0.17*0.19*0.17*---------
Free Cashflow277.3%214-120-472-405468-94.28-110-293-16014187.00-369---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets8.2%10,3659,5838,9978,5658,2517,4937,4197,3997,4147,2697,2487,1097,1096,9857,0736,9497,5167,0557,1387,2577,121
  Current Assets21.2%4,6353,8243,6613,6203,7913,3393,3832,9953,1913,0463,1553,1373,0152,8002,7312,7483,6003,0433,4123,6633,860
    Cash Equivalents30.4%1,9471,4938309071,4811,1611,7091,3351,4561,3861,6331,2341,2741,3171,1481,0191,4479761,3341,2071,563
  Inventory-7.1%820883756751621811810841666647603550568568518480444577587459388
  Net PPE8.0%4,3974,0734,0203,8593,5373,1242,9892,7862,6502,5062,3972,3982,4022,3872,3242,2442,1812,1072,0061,8591,756
  Goodwill4.3%30.0028.0029.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.0014.00
Liabilities12.1%3,6783,2802,9582,6962,4151,6641,5241,5241,4541,4391,4651,4141,5881,5891,8461,7812,4191,8722,0032,1281,909
  Current Liabilities8.9%1,3061,1991,0911,1741,0388168047357277156616698477317477321,318761843837845
  Long Term Debt0.0%464464437320184254170247236241276254238220388391454452453558461
    LT Debt, Current-100.0%-35.00---5.005.005.004.0037.003.002.0042.00---18.00----
    LT Debt, Non Current0.0%464464437320184254170247236241276254238---454----
Shareholder's Equity6.1%6,6876,3026,0405,8695,8365,8285,8965,8755,9605,8305,7845,6955,5215,3965,2275,1695,0975,1825,1355,1295,212
  Retained Earnings9.6%3,9713,6223,3533,1833,1403,1483,1973,1413,1843,0533,0082,9252,7162,6002,4452,4082,3272,3862,3552,3742,442
  Additional Paid-In Capital0.4%2,8902,8792,8722,8662,8872,8802,8692,8632,8712,8662,8592,8542,8672,8562,8492,8442,8492,8362,8272,8142,825
Shares Outstanding0.0%107107107107107107107106106106106106---------
Float---20,200---7,200---9,600---4,100---5,400--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations239.2%561,109165,427-89,678-34,598795,215128,97588,018-138,83934,467305,321177,249-279,478186,318207,897147,769-504,864781,693-317,62213,570-303,440-185,499
  Share Based Compensation34.3%11,0108,1988,4116,6007,53511,8545,7643,5035,9286,4295,4303,11511,0787,2093,7767,20412,0219,62610,7635,0197,367
Cashflow From Investing-139.0%-173,161443,992-98,395-645,227-570,055-760,806141,231-2,944-15,751-553,377198,250271,838-247,54935,035-15,15996,446-307,663-36,749121,885-139,771113,009
Cashflow From Financing2.0%60,73959,536108,892107,68699,93183,845119,8525,76449,760-12022,361-31,45115,609-75,527-9,229-13,440-6,7991,023-7,11987,838112,045

FSLR Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Net sales$ 3,318,602$ 2,619,319$ 2,923,377
Cost of sales2,017,9232,549,4612,193,423
Gross profit1,300,67969,858729,954
Operating expenses:   
Selling, general and administrative197,622164,724170,320
Research and development152,307112,80499,115
Production start-up64,77773,07721,052
Litigation loss35,59000
Total operating expenses450,296350,605290,487
Gain on sales of businesses, net6,883253,511147,284
Operating income (loss)857,266(27,236)586,751
Foreign currency loss, net(21,533)(16,414)(7,975)
Interest income97,66733,2846,179
Interest expense, net(12,965)(12,225)(13,107)
Other (expense) income, net(29,145)31,189314
Income before taxes891,2908,598572,162
Income tax expense(60,513)(52,764)(103,469)
Net income (loss)$ 830,777$ (44,166)$ 468,693
Net income (loss) per share:   
Basic$ 7.78$ (0.41)$ 4.41
Diluted$ 7.74$ (0.41)$ 4.38
Weighted-average number of shares used in per share calculations:   
Basic106,795106,551106,263
Diluted107,372106,551106,924

FSLR Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 1,946,994$ 1,481,269
Marketable securities155,4951,096,712
Accounts receivable trade, net660,776324,337
Government grants receivable, net659,7450
Inventories819,899621,376
Other current assets391,900267,727
Total current assets4,634,8093,791,421
Property, plant and equipment, net4,397,2853,536,902
Deferred tax assets, net142,81978,680
Restricted marketable securities198,310182,070
Government grants receivable152,2080
Goodwill29,68714,462
Intangible assets, net64,51131,106
Inventories266,899260,395
Other assets478,604356,192
Total assets10,365,1328,251,228
Current liabilities:  
Accounts payable207,178341,409
Income taxes payable22,13429,397
Accrued expenses524,829382,782
Current portion of debt96,2380
Deferred revenue413,579263,215
Other current liabilities42,20021,245
Total current liabilities1,306,1581,038,048
Accrued solar module collection and recycling liability135,123128,114
Long-term debt464,068184,349
Deferred revenue1,591,604944,725
Other liabilities180,710119,937
Total liabilities3,677,6632,415,173
Commitments and contingencies
Stockholders' equity:  
Common stock, $0.001 par value per share; 500,000,000 shares authorized; 106,847,475 and 106,609,094 shares issued and outstanding at December 31, 2023 and 2022, respectively107107
Additional paid-in capital2,890,4272,887,476
Accumulated earnings3,971,0663,140,289
Accumulated other comprehensive loss(174,131)(191,817)
Total stockholders' equity6,687,4695,836,055
Total liabilities and stockholders' equity$ 10,365,132$ 8,251,228
FSLR
First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. 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.
 CEO
 WEBSITEfirstsolar.com
 INDUSTRYSolar
 EMPLOYEES5500

First Solar Inc Frequently Asked Questions


What is the ticker symbol for First Solar Inc? What does FSLR stand for in stocks?

FSLR is the stock ticker symbol of First Solar Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of First Solar Inc (FSLR)?

As of Mon Apr 15 2024, market cap of First Solar Inc is 18.8 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FSLR stock?

You can check FSLR's fair value in chart for subscribers.

What is the fair value of FSLR stock?

You can check FSLR's fair value in chart for subscribers. The fair value of First Solar Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of First Solar Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FSLR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is First Solar Inc a good stock to buy?

The fair value guage provides a quick view whether FSLR is over valued or under valued. Whether First Solar Inc is cheap or expensive depends on the assumptions which impact First Solar Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FSLR.

What is First Solar Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, FSLR's PE ratio (Price to Earnings) is 22.63 and Price to Sales (PS) ratio is 5.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FSLR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on First Solar Inc's stock?

In the past 10 years, First Solar Inc has provided 0.101 (multiply by 100 for percentage) rate of return.